The world’s economy is growing more globalized for companies of all sizes and all industries. This globalization has ramifications for every aspect of business management, from research and design to materials and parts sourcing as well as manufacturing and the eventual distribution of products. To be effective in this globalized economy, businesses must become adept at the many facets of large-scale business logistics, an essential part of which is the complex concept of supply chain management. To address this important side of the modern business world, the University of West Florida (UWF) has developed an online degree program that offers candidates a Master of Business Administration (MBA) with an emphasis in Supply Chain Logistics Management.
What Is Supply Chain Management?
From creation to manufacturing and development to distribution and actual delivery, supply chain managers need to make decisions which ensure quality and efficiency in both timeliness and financials. The Council of Supply Chain Management Professionals offers this definition of the concept:
Supply chain management encompasses the planning and management of all activities involved in sourcing and procurement, conversion, and all logistics management activities. Importantly, it also includes coordination and collaboration with channel partners, which can be suppliers, intermediaries, third party service providers, and customers. In essence, supply chain management integrates supply and demand management within and across companies.
Although the logistics involved in supply chain management, especially in the large, global context, are immensely complex, the concept itself is quite straightforward. The Supply-Chain Council defines it simply as the “effort involved in producing and delivering a final product from the supplier’s supplier to the customer’s customer.”
What Are the Benefits of an MBA in Supply Chain Logistics Management?
Increasingly, business professionals interested in earning an MBA are looking toward specialized programs — those which offer both a generalized understanding of business management as well as an in-depth focus on one specialization. Completing such programs offers those professionals a unique edge in the competitive business administration job market.
Because the logistics of supply chain management is an essential part of growing a business and securing a business’s competitive advantage in its market, this MBA specialization can be particularly alluring to those who wish to ascend to higher levels of logistical management within their current company or pursue positions at others.
Why Study Supply Chain Management Through an Online Degree Program?
Clearly, focusing on the complex study of supply chain management can give aspiring professionals a competitive edge in the business world, but why study it through an online program? One positive aspect of online programs such as UWF’s MBA with an emphasis in Supply Chain Logistics Management is that they allow candidates the convenience and flexibility to study remotely and maintain their current jobs.
In addition, UWF’s supply chain program has a unique focus on combining theory, logistics and systems study, and incorporates specific case studies with practical application. While immersing themselves in the pragmatic study of supply chain management, candidates who are already working in business management can apply what they learn immediately, furthering their depth of understanding in the real-world setting.
UWF’s online program is fully accredited by AACSB International, the Association to Advance Collegiate Schools of Business. Less than 5% of the world’s business schools hold this impressive distinction.
What Kinds of Courses are Included in UWF’s MBA With an Emphasis in Supply Chain Management?
UWF offers a rigorous and thorough education as part of this MBA program. Coursework covers both generalized topics inherent to effective business administration and management as well as the many nuanced aspects of logistics and supply chain management in the modern, globalized business world. The following are a few areas of study within UWF’s Supply Chain Management MBA program.
Generalized Business Administration Coursework
Given that the aim of UWF’s online MBA program is to provide candidates with a full range of theory, knowledge and skills pertaining to all levels of business administration, many courses cover topics necessary to any role within a business. Therefore, the first step in an MBA degree candidate’s education at UWF is to study the process of integrating practical skills, concepts, and theory into real-life application in business problem-solving and decision-making.
Learning to Lead
An essential quality of effective managers and administrators is leadership, and thus organizational behavior is an important focus of UWF’s MBA program. This includes the study of individual and group behavior within the organization, personal motivation, conflict resolution, and many other aspects of successfully managing group dynamics, productivity, and collaboration across departments. Furthering the concept of company-wide administration, UWF’s curriculum also includes coursework focused on integrating strategy and policy for organizational management at the higher levels such as in the role of chief executive officer.
Finance and Marketing
Of course, economics, finances, budgeting, and marketing are all necessary aspects of effective business management. So each of these is covered at length, giving degree candidates a solid base in how to effectively manage organizational finances, maximize profit potential, and capitalize on both existing and emerging markets.
With the wealth of market and industry information now available in the digital age, understanding information systems is another necessary aspect of effective business management. Both internal organizational data and big data on industry trends can be integral to competitive advantage seeking, decision-making, and strategy development.
Supply Chain Logistics Management Coursework
Supply chain management is involved in nearly every aspect of organizational logistics and management. Effective supply chain management requires a complete understanding of market analysis, the organization’s industry and the myriad of external industries the organization may depend on, such as marketing, materials sourcing, manufacturing, labor outsourcing, shipping, distribution and direct sales. The study of supply chain management is therefore integrated into the many areas of generalized business administration study described above.
In addition to the inclusion of supply chain management in UWF’s generalized MBA coursework, the program also employs the in-depth study of topics specific to supply chain management. Much of this coursework integrates the study of strategic logistical planning, transportation models, and other issues of domestic and global supply chains with real-world, case-based active learning opportunities.
Further, specialized coursework focuses on the study of logistics systems, using the analysis of supply chain networks, inventory, equipment, resources and other such facets of the broader system to make informed logistics decisions. The candidate’s understanding of and facility with logistics management is expanded on further through the study of logistics in the global context, concerning topics like import and export laws, transportation and other such logistics operations.
UWF’s online MBA with an emphasis on Supply Chain Logistics Management offers candidates a convenient way to earn a degree in a current, specialized and necessary field within the globalized business economy. Through this comprehensive study, degree candidates gain the knowledge and real-world experience necessary for pursuing their desired career or moving up in it, whether aspiring to build competitive advantages for their own businesses, get hired as a supply chain logistics manager for a corporation, work for a specialized supply chain logistics company, or apply what they learn to their role in high-level management.
Learn more about the UWF online MBA with an emphasis in Supply Chain Logistics Management program.
Tilanus, B. (1997) Information Systems in Logistics and Transportation. Elsevier Science Ltd., UK.