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Supply Chain and Logistics
Choose a Master, an MS or an MBA in Supply Chain and Logistics
The Sector of Supply Chain and Logistics
The current global and competitive economic environment requires enterprises and organizations to become more efficient, faster and more productive. Logistics and the supply chain is in charge of the flow of goods and information from the supplier to the final customer. They are decisive for achieving a greater degree of efficiency and immediacy in the provision of a service or in making a product competitive on the market.
Companies need in their areas of operations multifaceted professionals, who are skilled whith the most advanced management techniques, who are able to control the information technology systems and who know how to detect new business niches, and even open new markets if necessary.
Follow a Masters/MS/MBA in Supply Chain and Logistics
The Master’s Degree in Supply Chain Management & Logistics brings the theoretical-practical knowledge to professionals who perform their functions in different types of companies that have the management of the supply chain and in logistics. They gain the abilities to improve the value added and reduce the critical processes, so that they can design, implement and maintain a strategic vision of the global supply chain.
Nowadays, the logistics and supply chain of a company necessarily implies global organizations, so with the mastery in logistics we pay special attention to the way to manage change and adaptation to technological advances and to the possibilities and needs of relationship and operation in a broader international context. This master will equip participants with skills to lead the transformation of traditional business models, generating new markets, understanding their new requirements, managing information in real time and promoting collaborations and alliances for the adoption of solutions that drive the growth of the company.
To Work in Supply Chain and Logistics
When you work in Supply Chain and Logistics you will provide a comprehensive view on the management of supply chain business processes, you will manage the area of operations and logistics of a company, you will optimize the management of the area by applying information technologies that allow an efficient response to current needs. Some of the professional profiles for which the students after graduating are: director of operations, director of logistics, director of the distribution, director of import/export, chief of procurement, , logistics and operations consultant and head of stock control…
Supply Chain and Logistics in 2019
The supply chains of a company face constant challenges, both inside and outside the company, such as: globalization, constant technology innovation, changes in demands, trust in suppliers and high competition. For every corporation is necessary to invest in their logistics team as it has become a key sector in the business activity. In recent years, job offers in the logistics sector have increased, so much so that, according to the logistics thermometer of the ICIL Foundation, more than 57% of the companies in this sector expect to increase the workforce. In this way the area of logistics becomes one of the markets with the highest demand for employment after the economic crisis.
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The expert's corner
Prof. Dr. Stephan M. Wagner
Professor and Chair of Logistics Management and Director Executive MBA in Supply Chain Management
Swiss Federal Institute of Technology Zurich (ETH Zurich)
Logistics and supply chain management are at the heart of the megatrends that influence today’s firms and hence their success and performance. First, due to global demographic changes, goods must be increasingly produced and sold in growth markets, and new products must be created to increase the offerings in traditional markets. The ongoing rise of the BRIC countries will lead to new market and trade structures. Therefore, existing supply chain networks have to be thoroughly overhauled. Second, mass customization and individualization create tremendous challenges for the production and distribution of products and the delivery of services. Here, logistics and supply chain management must offer solutions. Third, the digitization of business models shape digital enterprises. Digital end-to-end supply chains that offer agility, high speed and full transparency in real time are needed. Logistics and supply chain management are enablers and drivers of digitization. Fourth, applying sustainability principles in logistics and supply chain networks is inevitable in order to reduce waste, resource consumption and emissions. These are only some examples that underline how critical it is to actively develop logistics and supply chain management competencies. Supply chain management has become a profession!
The expert's corner
Tom Van Woensel
Antwerp Management School
Following the increasing value of Big Data and Internet of Things, fantastic new challenges, issues and opportunities arise for our global supply chains. Data-driven supply chain and logistics research is becoming more and more important following these ever growing rich datasets. Specifically, this real and high-volume data should be used to improve forecasting quality, efficiency in transport and inventory, customer service, leading to proven ROI. However, more needs to be done to effectively reap the benefits of this new commodity. It seems that most of the supply chains are still working on descriptive analytics (what happened?) and predictive analytics (what will happen?), rather than prescriptive analytics (going to data-driven optimization). The understanding, application and optimization of the interface between data/information and decision making is a challenge to be faced in the near future. It is on this cutting-edge interface (prescriptive analytics) where our supply chains of the future will benefit and create new value for our customers. Several new domains related to inventory, forecasting, production, logistics and transportation are expected to see great progress following this evolution.
The expert's corner
Professor Federico Caniato
MIP Politecnico di Milano School of Management Master in Supply Chain and Purchasing Management
Companies today operate within complex networks of customers and suppliers, which are involved in transforming raw materials into finished products and delivering them to the final customers, often a global scale. As a consequence, companies from all over the world spend up to 80% of their revenues for procuring goods and services, which are key part of their value creation. Supply Chain and Purchasing Management means managing the flows of goods, services, information and money that take place across such a complex network, pursuing the goals of serving customers while controlling costs, and improving the overall sustainability in terms of both economic, environmental and social impact. Digital technologies, such as the Internet of Things, and Big Data analytics are crucial to achieve such goals. At the same time, multi-cultural and cross-disciplinary relationship management becomes imperative to interact within this context.
Companies are constantly looking for young graduates who have the skills and competences needed to face such challenges, combining managerial, analytical and relational skills, with an entrepreneurial and innovative mindset. Such people will be able not only to find interesting and challenging jobs, but also to make a difference to improve the world we live in.