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Operations and Supply Chain Management are critical components of any business's success and customer satisfaction. To improve value creation for their customers, businesses require a perfect supply chain design, resource organization, control, and planning of all supply chain-related activities.
Operations and Supply Chain Management (OSCM) is much more than simply moving items from point A to point B. It is a diverse, evolving discipline that is fundamental to the flow of goods and provision of services all over the world, adapting to changing consumer expectations, shifting economic conditions, achieving sustainability principles, and emerging technologies, among other global issues. The PGDM in operations and supply chain management provides advanced understanding and practical skills to master.
Why should you opt for the course?
The goal of supply chain management is to oversee the entire process of establishing a relationship between a manufacturing unit and its customers. A supply chain management course can help learners gain a thorough understanding of logistics and supply chain functions.
Companies are always on the lookout for professionals who can identify the appropriate level of investment required to increase the organization's profitability. As a result of globalization, manufacturers, merchants, logistics service providers, and a variety of other sectors have increased their demand for employees with supply chain management qualifications.
Every company's core function is operations, and this program prepares candidates for determining output, optimizing production, cutting costs, and analyzing performance. Students who complete the PGDM in operations and supply chain management learn how to mitigate the day-to-day challenges of manufacturing plants, production, project management, and so on.
The PGDM in operations and supply chain management follows the same course structure and syllabus as other MBA programs. Candidates study core subjects about skills associated with all aspects of Business Administration during the first year of the program. Students in the second year of the PGDM course must select electives from the Operations domain.
Following the completion of the first year, students participate in six to eight weeks of summer training or industry training to improve their practical knowledge. A student must submit an evaluation report at the end of the training period. The report must be submitted to receive a degree from the individual institute.
The PGDM in operations and supply chain management typically cost between INR 60,000 and INR 2.25 lacs.
As previously stated, this course will provide you with a thorough understanding of the Supply and Logistics industry.
Similarly, a one or two-year degree program with four semesters is mentioned in the college program.
The candidate should have 3 years of supply chain management experience and a degree in Engineering, Technology, Chemistry, Pharmacy, and Textiles, or a degree equivalent to supply management.
Entrance exams are used to determine admission to the PGD in Logistics and Supply Chain Management program, which is followed by counseling, personal interviews, and group discussion rounds. Some institutes admit students based on their performance in their qualifying graduation exams.
When you get your results, three categories will help you get into the college of your choice.
- Exams such as the CAT, CMAT, XMAT, XAT, and others.
- In-person interviews, after being selected, an interview is conducted to determine whether or not you deserve a seat in college.
Graduates can find PGDM Operations Management jobs in a wider and more diverse range of roles. Graduates will find employment in both the private and public sectors. Because of the flexibility of the coursework that students obtain, the career options are very broad and diverse. Purchase Manager, Strategic Planner, Purchase Analyst, Materials Analyst, Materials Manager, and other PGDM course job titles are on the list.
Every company exports and imports products and services. Professionals in supply chain management determine the best combinations of outsourcing and procurement. This major will teach you about different aspects of business operations such as procurement, logistics and transportation, supplier relations, and inventory management. With this knowledge, you can help a company's operational efficiency.
Some of the key skill sets required to be a successful operations manager include analysis, decision-making, and the ability to lead from the front. Daily responsibilities include process planning, product design, manufacturing, strategy, layout, and team integration.
The PGDM course ensures that students will be able to apply their newly acquired skills across a wide range of related functions and roles. From multiple technological functions and data analysis in logistics and supply chain management to product design, implementation, and development, there is something for everyone. Certainly, all MBA degrees, including those that allow for specialization, strive to provide a well-rounded education that prepares students for management careers.
MBA Operations Managers in India earn a median salary of Rs 7.65 Lakhs. At the entry-level (0-5 years), the salary is around Rs 4 lakhs. This salary is 4% lower than the National Average at mid-career (5-10 years) and increases by 28% and 36% with experience between 10 and 20 years.