Supply chain management is rocking the charts and has attained the position of being one of the most distinguished specializations in PGDM. This is due to the current scenarios; the supply chains compete with each other to represent their organization. The supply chain is the heart of the entire system, the organization will not thrive if it is not working perfectly.
So, if an organization wants to become more effective in its activities and wants to achieve good heights when it comes to competing with others, then they have to focus entirely on supply chain management.
What is supply chain management?
Everything that comes within the process of procurement of the raw materials from the suppliers to serve the product or service to the customers, is called the entire supply chain. So, when you master the PGDM in the supply chain, you get the knowledge of all the aspects that are to be taken into consideration and the method to maintain good coordination among all the teammates.
How does a supply chain work?
It is driven by facilities, transportation, inventory, connectivity, pricing, and detailed information. The role of a supply manager is to take all the decisions regarding the attributes mentioned above. For instance, you need to know the capacity of the inventory and accordingly work, you need to add detailed information about the location, and all the necessary information in the report. Any wrong decision can lead to overstocking or understocking. These decisions can make or break a chain, so you need to be really efficient being a supply manager.
What is the most important part of the supply chain?
The most essential part of the supply chain is Sourcing. It means the procurement and outsourcing of raw materials from the suppliers. You have to make sure all the information is in a report and then make decisions accordingly.
The big firms are hiring specialized workforce, so that they can streamline the entire process.
The organizations are competitive, and this competitiveness gives rise to the offers being made by the company to the students. Considering this as the need of the hour, students must take the PGDM – Specialization course in supply chain management.
The PGDM supply chain management course will get you the knowledge of logistics and supply chain management of an organization. Once you join the corporate world, all you have to do is manage the whole chain of products that are manufactured in the company till they are in the market.
Course Curriculum Of PGDM in Supply Chain Management
- Principles of Management
- Financial Accounting
- Human Resource Management
- Marketing Management
- Managerial Economics
- Organizational Behavior
- Strategic Management
- Cost Accounting
- Innovation Management
- Elements of Communication and Networking Skills
- Legal Aspects of Business
- Purchasing & Materials Management
- Inventory Optimization
- Total Quality Management
- World Class Manufacturing
- Stores Management
- Logistics and Distribution Management
- Global Supply Chain Management and Outsourced Management
- 713ERP & Web-Based Supply Chain Management
- Legal aspects in Supply Chain Management
- Project Work
Career Prospects in the Field of Supply Management
There are ample career opportunities for the students who have pursued PGDM in supply management. The list of job opportunities available after completion of PGDM in Supply Chain is –
- Transportation Manager
- Material Manager
- Logistics Manager
- Business Development Manager
- Vendor Managed
- Inventory Coordinator
- Warehouse Operations Manager
- Research Officer
- System Support Manager
- Procurement Consultant
- Demand Planner
- Head of Supply
- Business Development Manager
- Category Manager
- Communications Manager
- Advertising Manager
- Media Planner
- Brand Manager
- Market Research Analyst
- Supply Chain Manager
- Inventory Control Manager
Eligibility for PGDM Course in Supply Chain Management
The eligibility criteria for the course are –
- Students must have a bachelor’s degree with a minimum of 50% marks.
- Students with a bachelor’s degree in any specialization are also welcomed.
- Working professionals who are working in the field but wish to get ahead and gain a managerial position can take up the course.
This was all about the supply chain management specialization. We have mentioned all the essential information about the PGDM course in supply chain management in this blog.
We hope this article will help you and lead you on the path of better growth.
If you are looking for a place to study, stop your search.
Enhance your knowledge in the field of supply chain management with Poddar Business School. We are enrolling now.