MBA in Logistics and Supply Chain Management

Course Overview

The MBA in Logistics and Supply Chain Management programme was created to meet the needs of professionals involved in supply chain and logistics operational activities such as procurement and sourcing, production, distribution planning, and so on, as well as strategic activities such as vendor selection, supplier relationship management, SCM network optimisation, and product or process re-design for SCM. The program teaches them the fundamental concepts and practices of SCM. Because of the increasing competitiveness of the business environment, the role of the Logistics and Supply Chain Manager has shifted from supply-focused to demand-focused.

Since online e-commerce has simplified the entire shopping process, supply units must keep up with the massive demand for various commodities that are on their delivery lists. Thus extensive knowledge of how to integrate various supply chain units to improve cost and time efficiency is required. This program precisely meets that requirement, unravelling the various facets of the fairly complex SCM process.

Why Should You Pursue an MBA in Logistics and Supply Chain Management?

Understand the concept of supply chain evolution, as well as vertical and virtual integration models. Furthermore, learners will understand the supply chain success drivers by connecting the dots through data analysis and tracking.

Benchmarking and learning the SCOR Model requires the use of ratios and formulas. They will be critical in developing the Balanced Scorecard and Supply Chain Management Dashboards.

Recognise and solve Supply Chain issues. Learn about the terms outsourcing, insourcing, offshoring, and reshoring. Discover the inherent value of procurement and investigate the concept of the five purchasing rights, which ensure that goods and services are purchased in the correct quantity, quality, time, place, and price. Learn how to conduct supplier evaluations using a comprehensive checklist and how to navigate the purchasing cycle. Learn how to critically manage competitive bidding processes using RFPs (Request for Proposals) and RFQs (Request for Quotations), as well as how to adapt effective negotiation techniques for a successful outcome.

Firmly grasp the concepts of Supply Chain Risk Management and Agile procurement. Learn about the role of cross-functional teams in purchasing and procurement, as well as trade tools like EDI, ERP, and e-commerce. Acquire knowledge of and apply key warehouse or stockroom leader terminologies related to warehouse management, such as goals, objectives, and performance metrics in inventory management. Acquire a thorough understanding of the inventory cycle and learn how to improve inventory accuracy through practical applications and methodologies.