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Supply Chain Management - Courses and Careers
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Highlights
Supply Chain Management programs are designed specifically for companies having large distribution channels. Supply Chain Management (SCM) is a systems approach managing a network of manufacturing, supplier, distribution, assembly and logistics facilities. To put it simply if a company manufacture or makes product from parts purchased from suppliers and the finished product is then distributed among customers then a supply chain is formed. A supply chain can be complex or simple depending upon the size of the business and the company and varies greatly from firm to firm.
Manufacturing companies with large distribution and supply chain networks require supply chain management professionals to manage their network effectively. In India, it has emerged as a new concept especially in the manufacturing enterprise. Last few years have witnessed growth of supply chain companies and supply chain solutions and important Enterprise Resource Planning Companies (ERP) now offer supply chain solutions as part of their service package.
Scope of Supply Chain Management
Today, with businesses expanding at a rapid pace, it has become almost important to have a foolproof system of supply chain management for better distribution of commodities. Supply chain management is essential not only for internal distribution system as well. Supply Chain Management professionals have become a necessity in production and sales companies. Retail chain operators also employ supply chain professionals.
A typical program in supply chain management teaches the student,
- Major building blocks, functions, and business processes
- Role of Internet Technologies and Electronic Commerce in supply chain operations
- Supply Chain Inventory Management
- Role of stochastic models (Markov chains, queueing networks); optimization models (LP, ILP, MILP, GA, Constraint Programming); and simulation in supply chain planning and decision-making
Career Scope and Job Prospects in Supply Chain Management
There are various sectors in which a Supply Chain Manager can look for a job. They are,
- Manufacturing and distribution sector
- Transportation
- Logistics Companies
- Shipping Corporations
- Aviation
- Multi product Conglomerates
Careers in Supply Chain Management
- Supply Chain Directors
- Supply Chain Network Manager
- Supply Chain Consultant
- Purchasing Manager
- Strategic Planner
- Supplier Relationship Manager
- Inventory Manager
- Supplier Quality Project Manager
- Supplier Management Analyst
- Contract Analyst
- Strategic Sourcing Manager
Top 10 Colleges/Institutes for Supply Chain Management
| No. | College/Institute |
|---|---|
| 1 | Institute of Supply Chain Management - Mumbai |
| 2 | IIT - Bombay |
| 3 | Institute for Supply Management - Gurgaon |
| 4 | Indian School of Business - Hyderabad |
| 5 | IIM - Calcutta |
| 6 | Symbiosis Centre for Distance Learning - Pune |
| 7 | Xavier School of Management - Jamshedpur |
| 8 | SP Jain Institute of Management and Research - Mumbai |
| 9 | IIM - Ahmedabad |
| 10 | IIM - Bangalore |
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