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I want to pursue a career in supply chain. Which masters degree is the best for it and which college has more placements for supply chain? As in companies desire candidates from that college for supply chain job roles


VANDHIYA THEVAN C 28th Oct, 2024
Answers (2)
Manu Sakunia 27th Nov, 2024

Hi

Supply chain management (SCM) has become one of the most sought-after careers today, especially with the rise of e-commerce and direct-to-consumer (D2C) supply chains. The pandemic accelerated the trend of online shopping, pushing businesses to make their logistics and delivery processes seamless for consumers.

SCM involves overseeing the entire production and sales process of goods, from manufacturing to inventory control, procurement, warehousing, transportation, and quality assurance. Professionals in SCM ensure the efficient flow of goods and services, making it an integral function in various industries.


Best Degree for a Career in Supply Chain Management

The MBA in Supply Chain Management is one of the most preferred degrees for this field. It equips candidates with expertise in logistics, procurement, inventory management, distribution, and supply chain analytics. The program typically includes case studies, industry projects, and internships, which prepare candidates for real-world challenges.

Top B-Schools in India for Supply Chain Management


College

Exam Accepted

Fees (Approx.)

Average Package (Approx.)

IIM Mumbai

CAT

21 lakh

27.75 LPA

SJMSOM, IIT Bombay

CAT

14 lakh

28.88 LPA

IIT Delhi

CAT

11.2 lakh

25.82 LPA

VGSOM, IIT Kharagpur

CAT

9.08 lakh

22.13 LPA

IIM Ahmedabad

CAT

25 lakh

34.36 LPA

IIM Bangalore

CAT

24.5 lakh

35.31 LPA

IIM Calcutta

CAT

31 lakh

35.07 LPA

IIM Lucknow

CAT

20.7 lakh

32.20 LPA

SPJIMR Mumbai

CAT

24 lakh

33 LPA

SIOM Nashik

CAT

13.20 lakh

11.25 LPA

IIM Udaipur

CAT

12.4 lakh

20.03 LPA

IIM Raipur

CAT

18 lakh

21.04 LPA


Top Sectors Employing Supply Chain Professionals

SCM professionals are in demand across a variety of industries. Below are the key sectors and companies that actively hire supply chain experts:


  1. E-Commerce     Sector :

    • Top         Companies : Amazon, Flipkart, Snapdeal, Myntra, eBay.

    • Roles :         Logistics Manager, Supply Chain Analyst, Inventory Manager.

      1. Automotive     and Manufacturing Sector :

        • Top         Companies : Tata Motors, Maruti Suzuki, Mahindra &         Mahindra, Hero MotoCorp, Bajaj Auto.

        • Roles :         Production Planner, Procurement Specialist, Warehouse Manager.

      2. Aerospace     and Defence Sector :

        • Top         Companies : Hindustan Aeronautics Limited (HAL), Bharat         Electronics Limited (BEL), Boeing India, Lockheed Martin.

        • Roles : Materials Manager, Logistics Officer, Supply Chain Analyst.

      3. Consumer     Products and Retail Sector :

        • Top         Companies : ITC, Hindustan Unilever, Reliance Retail,         Godrej Consumer Products, P&G, Dabur.

        • Roles : Supply Chain Manager, Inventory Controller, Demand Planner.

      4. Healthcare     Sector :

        • Top         Companies : Apollo Hospitals, Fortis Healthcare, Dr.         Reddy’s Laboratories, Cipla, Sun Pharma.

        • Roles : Logistics Coordinator, Procurement Manager, Supply Chain         Consultant.


          To build a successful career in supply chain management, it is crucial to:

          - Pursue an MBA     in Supply Chain Management from a reputed B-school .
          - Gain relevant internships and certifications (such as Six Sigma,     Lean Management, or SCM-focused programs).
          - Stay updated     with industry trends , especially in emerging areas like sustainable supply chains and AI-driven logistics .

Mitali Sharma 28th Oct, 2024

Hi

you can consider a Master’s in Supply Chain Management (SCM) or an MBA with a concentration in SCM . These programs cover logistics , operations management , procurement and related areas , making graduates suitable for roles in various industries .

Top Master’s Programs in Supply Chain Management:

1. Massachusetts Institute of Technology (MIT) - Their SCM program is one of the most prestigious globally and has excellent placement records .

2. Michigan State University - Its focus on logistics and operations , MSU has strong industry ties for placements .

3. University of Michigan - Provides an MBA with SCM focus , providing access to a wide network of companies .

4. Arizona State University - Its SCM program ranks high in the U.S. and has good placement support .

Indian Institutes for SCM :

1. IIM Ahmedabad , Bangalore , Kolkata - Their MBA programs with an SCM specialization are highly regarded .

2. National Institute of Industrial Engineering (NITIE), Mumbai - Its focus on industrial and supply chain management .

3. IIT Delhi and IIT Bombay - Provide programs in SCM with strong placement assistance .

These institutions has a strong network and connections with companies that frequently hire for supply chain roles .

Hope this helps you .


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