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Managing the supply chain has become a crucial task in today’s fast-paced and global business world. It requires balancing several factors, from procurement to delivery, all aimed at improving costs, quality, and customer satisfaction. With the growth of e-commerce and the increasing complexity of supply chains, the demand for skilled professionals in this field has never been higher.
Pursuing an Executive MBA in Supply Chain Management can be a smart investment in your future as it opens up a world of emerging opportunities. In this article, we will explore why this field is so exciting and explore the numerous benefits of pursuing an EMBA in Supply Chain Management
According to a study by the Georgia Center of Innovation for Logistics, there is a significant shortage of qualified professionals in supply chain management. In the USA alone, nearly 200,000 supply chain roles are expected to remain unfilled due to this shortage. Similar trends have been observed in African and Asian countries, including Hong Kong and China.
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ToggleScope of Executive MBA in Supply Chain Management
Supply chain management specialisation in MBA is a highly business-centred one. This degree prepares learners for positions such as Logistics Manager, Supply chain consultant, Warehousing Manager, and Procurement Analyst among many others.
With the growth in online retailing and a higher focus on global logistics, employers’ demand for professionals with MBA in supply chain management is on the rise. The landscape continues to evolve. Emerging technologies such as drones and robotic automation will create an environment that looks majorly different from what it is today. Thus, these emerging trends create generous opportunities for people.
Salary offered for MBA in Supply Chain Management
Fig 1. Average salary for supply chain MBA professionals
Fig 2. Employment projection data for logistics
Projected growth for jobs in logistics is about 5% from 2018 to 2028, which is almost as fast as the average for all occupations (Fig 2). A detailed report by DHL found that demand for supply chain professionals exceeds supply by a ratio of six to one. It also details how one of the biggest reasons behind this shortage is the lack of skills to meet the changing requirements. Organisations are seeking professionals with better competencies and analytical skills along with strategic leadership thinking and technological flair to anticipate trends and make the company future-ready.
How Supply Chain Management Benefits your business?
Advantages of EMBA in Supply Chain Management
If you are thinking of pursuing an Executive MBA (EMBA) in Supply Chain Management, it is important to know the advantages that come with it.
Here are the top seven key benefits you should consider:
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Career Growth & Increased Earning Potential
An Executive MBA program in Supply Chain Management can be a game-changer for your career. It not only prepares you for senior-level roles but also helps you build valuable connections with peers, industry leaders, and potential employers. The program offers a flexible schedule with virtual classes, allowing you to balance work and studies effectively.
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Gain Specialised Knowledge & Skills
This programme also provides you with specialised knowledge and skills that can give you a competitive edge in the job market. You will gain a deeper understanding of supply chain strategies, processes, and technologies, as well as emerging digital trends.
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Build a Strong Professional Network
It not only prepares you for senior-level roles but also helps you build valuable connections with peers, industry leaders, and potential employers. Those connections can lead to new opportunities, collaborations, and mentorship.
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Flexibility & Convenience
EMBA in Supply Chain is Designed for working professionals. The programme offers a flexible schedule with virtual classes, allowing you to balance work and studies effectively.
Supply chain analytics: 5 strategies to harness data for operational excellence
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Personal & Professional Growth
With an Executive MBA in Supply Chain Management, you can enhance your personal and professional growth. You will develop your critical thinking, leadership, and strategic decision-making skills, which will help you tackle complex problems with ease.
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Global Exposure
The programme also provides global exposure by exposing you to international supply chain practices, trends, and cross-cultural communication. You will gain expertise in managing global supply chains, risk mitigation, sustainability, and compliance.
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Increased Employability
Holders of Executive MBAs in Supply Chain Management are highly sought-after by employers across industries. Graduates possess a competitive edge in a dynamic and rapidly evolving field, leading to increased employability and earning potential.
Career Options After EMBA in Supply Chain Management
An Executive MBA (EMBA) in Supply Chain Management (SCM) can open doors to a wide range of exciting and rewarding career opportunities. With an EMBA in SCM, you’ll gain the advanced knowledge and skills necessary to excel in a variety of supply chain roles, from managing complex supply chains to leading strategic initiatives.
Here are the top 10 career options to consider after an Executive MBA in Supply Chain Management:
- Supply Chain Manager: Oversee all aspects of the supply chain, from procurement to distribution and to ensure efficient and cost-effective operations.
- Operations Manager: Manage day-to-day operations to optimise production, inventory, and logistics processes.
- Logistics Manager: Plan, coordinate, and manage the movement of goods and materials throughout the supply chain.
- Supply Chain Consultant: Advice organisations on how to improve their supply chain efficiency and effectiveness.
- Procurement Manager: Source and manage the procurement of goods and services to meet the needs of the organisation.
- Demand Planning Manager: Forecast demand for goods and services to ensure adequate supply and minimise costs.
- Supply Chain Analyst: Analyse supply chain data to identify trends, risks, and opportunities for improvement.
- Sustainability Manager: Develop and implement sustainable supply chain practices to reduce environmental impact.
- Quality Manager: Oversee quality control processes to ensure products and services meet customer requirements.
- Risk Manager: Identify, assess, and manage supply chain risks to minimise disruptions and protect the organisation’s reputation.
Why Executive MBA in Supply Chain Management from Eaton Business School?
Chances are that you are a working professional and want to find exciting opportunities in supply chain area. If you are thinking of getting yourself ready, here’s why you need to look at the Supply Chain Management specialization offered by Eaton Business School. We will help you build a robust career path line with our international Executive MBA program. We allow the flexibility that working professionals need while pursuing their education.
Our programmes are conducted through virtual classrooms and our leaders who have successfully completed their programmes are now professionally exceling in their chosen field. The specialization degree from Eaton Business School will enable you to work in companies in a range of industries from consumer electronics to consulting. Check out our option of WES Approved One Year Executive MBA in Supply Chain Management and learn more about EBS MBA degree Programs, by Contacting Our Admission Team.
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