Have you completed Bachelor’s Degree course? Are you interested in pursuing a good Supply Chain Management course? If yes, this article will be of help to you. Here, we will have an in-depth analysis of Executive Diploma in Supply Chain Management.
Article Overview and Contents
How’s this article of help to me, you may ask. Here, you will find everything you need to know about Executive Diploma in Supply Chain Management course. This article covers topics such as – program details, duration, eligibility, colleges, syllabus, fees, careers and salary.
If you are a working professional, interested in pursuing a supply chain management course, then this program will be of help to you! This is an executive program. Executive programs are crafted keeping the needs of working professionals in mind.
Acquiring advanced skills and knowledge will help one get a better job and/or promotion. So, if you are a working professional, you may use this course to your advantage!
Management education is a very popular choice among Bachelor’s Degree holders from around the world. It is not uncommon to see graduates going for PG management courses. This helps them acquire management and business administration skills.
Pursuing a management course after graduation helps one in multiple ways. It sure helps one improve the value of his/her CV. Besides that, it will help one land better jobs and/or promotion at work! In short, there are many reasons why you should pursue a good management course after Graduation!
Supply Chain management primarily deals with activities like raw material procurement, production, inventory and product delivery (transportation). Since it deals with the procurement and transportation of products, it directly or indirectly influences other businesses and domains!
If you are already working in a corporate setup and want to acquire Supply chain management skills, you may rely on Executive Diploma in Supply Chain Management program.
Bachelor’s Degree holders have access to a handful of Supply Chain programs. Some such notable courses are –
- MBA in Supply Chain Management
- MBA in Logistics and Supply Chain Management
- PG Diploma in Digital Marketing
- M.Sc. or M.S. in Supply Chain Management
Apart from the above mentioned programs, there also exists Executive MBA (EMBA) programs related to Supply Chain Management. Executive Diploma in Supply Chain Management is one such course.
Here’s an overview of the course –
- Name of the course: Executive Diploma in Supply Chain Management
- Type of course: PG Diploma course
- Duration: 1 year (may vary from one institute to another)
- Eligibility: Completed Bachelor’s Degree (work experience may also be required)
What is Supply Chain Management? What’s the scope and potential associated with this field? What is it like to become a Supply Chain manager? You will find answers to these questions in the next section. Here they are –
Supply Chain Management: Introduction, Details & Scope
In simple terms, supply chain is the sequence of processes involved in the production and distribution of a commodity.
Let us check out an example to understand the above mentioned statement easily. Consider the energy drink that you just can’t live without. Where do you buy it from? Usually from a grocery shop or mart.
How did the energy drink reach the shop/mart? A local distributor carried/transported it to the shop from a bigger distributor. Where did the major distributor get the energy drink from? From the manufacturer.
Let us talk about the manufacturer. In order to make the product (energy drink), the manufacturer had to procure and process few raw materials (chemicals, water, flavor etc). The manufacturer then processed these materials and thus the energy drink was made!
The whole process – right from the procurement of raw materials (by the manufacturer) to the end of the cycle (product reaching the customer – you!) – is supply chain in action!
It is a broad field and consists of aspects such as –
- Logistics management
- Inventory management
- Demand and Supply
- And more…
Let us take a closer look at the course details. Here they are –
Type of course
Technically, it is a postgraduate level Diploma course.
Program’s duration may vary from one institute to another. Generally, it is around 12 months long.
Completed Bachelor’s Degree course from a recognized University/Institute. Some institutes also need applicants to have adequate work experience.
There exists many Government and Private colleges across India offering this course. Government colleges charge relatively lower fees than their private counterparts.
Some of the notable Colleges are –
- Jamnalal Bajaj Institute of Management Studies
Reputed institutes rely on merit based admission process. Such institutes make use of relevant entrance test to select deserving candidates. Some institutes are also known to conduct their own qualifying test in order to select deserving candidates.
Some other institutes are also known to conduct direct as well as donation based admission process.
Here are some of the important subjects present in the curriculum –
- Organizational Behaviour
- Business Communication
- Maritime Transport
- Air Transport
- Road and Rail Transport
- Accounts Management
- Finance Management
- IT Systems
- Maritime Economics
- International Trade Laws
- Communication Skills
- HR Management
- Business Management
- Supply Chain Management
- Services Marketing
- Operations Management
Fees charged for the academic program may vary from one institute to another. Course fees depends upon the following factors –
- Type of institute (Government, Private, Aided etc)
- Location of the college
- Status and rating of the college
- Scholarship status (of student, if applicable)
Government colleges are known to charge low fees. Average fees in private colleges could be anywhere between 80-150K INR per semester.
Some of the prime recruiters are –
- SCM firms
- Logistics management firms
- Maritime transport firms
- Industries dealing in production
- Product packaging and management firms
In the above mentioned firms, one may don roles such as –
- Logistics manager
- Supply chain manager
- Assistant Manager
- Operations Manager
Starting salary of a supply chain manager depends upon a number of factors. Some of the prominent factors are –
- Institute from which the candidate completed the course
- Level of education (UG, PG etc)
- Job location
- Profile of employer
On an average, starting salary could be anywhere between 40-80K INR per month. In case of a Government job, the salary will be as per the pay scale and grade.