What is Supply Chain Management?
Supply Chain Management is the network of people, processes, networks and companies involved in manufacturing goods and distributing products and serving those to the consumers. While accomplishing the degree in Supply Chain Management the students will be able to learn how this contributes to every aspect of a nation’s economic situation. For example, companies like H&M, Ikea, Coca Cola, and Zara support a country’s economic condition a lot.
Also, the students will get to know how to investigate the external factors and events for example, panic buying, Brexit, new technology and the climate effects on supply chain. These students also observe how organizations optimize their SCM to sell similar products like their competitors at a cheaper price.
In addition, the department will teach students topics such as, risk management, logistic management, ethics and sustainability, and use of professional software, tools etc.
The Advantages of this Course
As there is still a skill shortage in this area, there is demand and a lot of job opportunities in this area. Moreover, in today’s global area supply chains are extremely complex. This field badly requires supply chain management for making a data-driven approach. The advantages of studying Supply Chain Management are:
- Better collaboration and seamless sharing of information
- Master the main objectives of a successful supply chain manager
- Achieve knowledge how to build a more effective supply chain to improve profitability
- Promote an understanding of the major challenges and trends of supply chain management
- While making any decisions students can learn how to use logistics
- People can work comfortably with the main supply chain manager system for appropriate implementation
- Students will learn how to gain knowledge about uncovering and analyzing the latest consumer buying habits and how they’re affecting supply chains
- This degree will boost transferable skills. For example, communication, team work, critical and creative thinking. This knowledge is valued by the customers.
Intakes and Tuition Fee Structure of Supply Chain Management
A large number of UK universities offer Bachelor and Masters in Supply Chain Management. The universities offer this degree as a full-time and online course for the students of undergraduate level. On the other hand, the postgraduate students have the choice of both full time and part time study. The approximate tuition fee for this course is £16000- £24900 for foreign students.
The Objectives of this Programme
The major goal of this subject is to fulfill customer demands, improve an organization’s responsiveness, establish and develop value for the customers, create a network and boost financial success. A supply chain manager needs to generate new strategies, form relationships and align processes to work successfully in this area. It totally depends on you whether you want to apply new technology or work with others to improve their skills.
In the last couple of years, there has been a huge technological change in the sector of the supply chain. Another aim of this programme is to appeal to learners who seek a course that has a strong orientation towards future digital technologies and their application to supply chain management.
When Should a Student Consider Taking Supply Chain Management
Supply Chain Management provides students the opportunities to gain an in-depth perspective of global supply chains and develop the strategic and analytical devices to manage them. The UK universities developed the curriculum from in-depth research carried out by academics. This business will assist you to advance your knowledge of supply chain management and prepare you for the jobs of the future if you are seeking to further your career in supply chain management or interested in gaining insight into global trends in the industry. If you are planning to enroll in MSc in Supply Chain Management you need to complete your Bachelor degree. However, some UK universities want work experience as one of their admission requirements for this degree.
Why Should You Study Supply Chain Management in the United Kingdom
As the UK’s education system is globally recognized, their business department is highly strong. UK has one of the finest business faculties and Supply Chain Management is a high standard subject in the UK universities. The students can learn both the theoretical and practical elements on how to operate an effective supply chain in a diverse and busy global market. Moreover, they place huge emphasis on real life challenges. The graduates from the department of Supply Chain Management in the UK will find roles in logistic companies, airlines and ports. Additionally, the students of this department will attend study tours and get experiences in supply chain perspective in different places in Europe. Furthermore, the foreign students will get the opportunity to study in an actual international environment with students and academics from every part of the world as the UK is one of the popular destinations for international learners.
UK Universities for Supply Chain Management
Here are the three top notch universities who offer Supply Chain Management degree:
University of Manchester
The university offers this course under the Alliance Manchester Business School. Students will get some extraordinary exposure while studying here. For example–
- The university believes during the course the students will achieve the knowledge of skills and make sure that processes run regularly, particularly in the face of options and challenges arising from the increasing global reach of business.
- The department also shows how operation management, project management and supply chain management work.
- The students who want to study further (MPhil, PhD) they can get some strong foundation from this degree
Cranfield University is the second top ranked university in the United Kingdom. The Supply Chain has been merged with senior logistic and supply chain professionals and one of Europe’s largest specialist logistics and supply chain management faculty. They offer a full time MSc program where 60% is the course work and 40% is the project work. The course also offers 10 fundamental and core modules and 4 elective modules.
There are some more universities where foreign students can complete their Supply Chain Management. They are:
If you are interested in Supply Chain Management and want to demonstrate your career in this field then one of these universities will be the foremost destination for you. Once you have decided which university you want to enroll in or if you feel any confusion picking one from these educational institutions visit us and our experts will assist you with the entire application process.