{"id":517,"date":"2023-01-30T16:16:52","date_gmt":"2023-01-30T16:16:52","guid":{"rendered":"https:\/\/www.onlinembacoach.com\/?p=517"},"modified":"2023-02-03T16:27:47","modified_gmt":"2023-02-03T16:27:47","slug":"supply-chain-management-online-mba-guide","status":"publish","type":"post","link":"https:\/\/www.onlinembacoach.com\/rankings\/supply-chain-management-online-mba-guide\/","title":{"rendered":"The Best Online Supply Chain Management MBA Programs 2023"},"content":{"rendered":"
Supply chain management deals with the coordination and integration of services and goods. It is also concerned with the financial and information flow among organizations in response to customer demand. An optimal supply chain delivers the right products or services at the <\/p>\n\n\n\n
A business school<\/a> that offers a practical online supply chain management MBA will provide a comprehensive and relevant program. It will be designed by faculty coordinating with members of supply chain management who support and advise the program’s design. Business students who learn from faculty bringing decades of work experience in logistics, procurement, and supply chain management are at a clear advantage over their contemporaries lacking these qualifications.<\/p>\n\n\n\n For over a century, the history of supply chain management<\/a> has grown from having an initial focus on improving simple but labor-intensive processes to the modern-day engineering and oversight of highly complex global networks.<\/p>\n\n\n\n Both operations research and industrial engineering got their start in logistics. In 1911 Fredrick Taylor wrote The Principles of Scientific Management<\/a>. Taylor is considered by many as the father of industrial engineering. He focused his early research on improving manual loading processes. <\/p>\n\n\n\n Thirty years later, Operations Research got on the map. This was when scientists revealed the value of analytics in the study of military logistics issues in the 1940s due to World War II’s complex requirements. Industrial Engineering and Operations Research have maintained separate identities over the years. Nevertheless, many of their most substantial successes have occurred when utilized in an integrated framework to address logistics and supply chain issues. Increasingly this was referred to by industry practitioners as “Supply Chain Engineering.”<\/p>\n\n\n\n In the 1940s and 1950s, logistics research focused on using mechanization to improve the labor-intensive processes of handling material. It sought to optimize shipping and storage space using racks, pallets, pallet lifts, and better warehouse design and layout. During this time, the “unit load” concept joined the warehousing vernacular<\/a>, and the use of pallets became widespread. <\/p>\n\n\n\n By the mid-1950s, the idea was extended to transportation management with intermodal containers and making ships, trains, and trucks able to handle the containers. This development would set the stage for the globalization of the supply chain that was to come later in history. Although the terms “materials handling” and “warehousing” were used to describe many of these advancements, these developments could be considered as fundamental examples of industrial engineering rather than as a discipline of its own.<\/p>\n\n\n\n By the 1960s, the trend of shifting more time-dependent freight transport to truck rather than railway had been developed. This led to the combination of freight transportation, warehousing, and material handling, which was known as “Physical Distribution.” The Council of Physical Distribution Management was formed in the early 60s. They focused industry attention on goods distribution and quickly became the leading entity in the field. Education and academic research followed the trend to satisfy the budding industry and in recognition of the needs in this area.<\/p>\n\n\n\n Business gained much wider recognition in both academia and industry due mainly to the paradigm change that happened during the 1960s and 1970s concerning the development and application of computers. Before this time, all transactions and record-keeping were performed manually. The computerization of this information opened the door to an opportunity for innovations in logistics planning, including randomized storage in warehouses to optimize truck routing and inventory. The growing technologies that researchers had access to up to this point were limited to theoretical models, but they had now become much closer to reality. <\/p>\n\n\n\n There were still many complex research problems to resolve in the transition from theory to practice. By the late 1970s and 1980s, this led to the creation of <\/p>\n\n\n\n Each of these centers focused on a unique aspect of what this new computer technology made available.<\/p>\n\n\n\n The 1980s marked a new era in logistics within the history of supply chain management. The emergence of smaller personal computers in the early 80s provided drastically improved computer access to planners, and planners enjoyed a new graphical environment. This spawned a flood of new developments in technology, including map-based interfaces and flexible spreadsheets. These enabled substantial improvements in logistics planning and execution.<\/p>\n\n\n\n The Production and Distribution Research Center led the way in combining map interfaces with optimization models for distribution planning and supply chain design. The Material Handling Research Center offered guidance in developing new control technology for product handling automation. The Computational Optimization Center created new large-scale optimization algorithms that found solutions to previously intractable airline scheduling issues. Many of the methodology improvements developed in these centers rapidly began to find their way into commercial technology.<\/p>\n\n\n\n During this period, the most critical trend for logistics was that the field had formed a reputation in the industry for being expensive, essential, and very complex. Organization executives realized they needed to significantly improve the bottom line in this area if they continued to invest in trained professionals using new technology. <\/p>\n\n\n\n The National Council of Physical Distribution Management became the Council of Logistics Management<\/a> (CLM) in 1985. The name change by the CLM was so it could better reflect the evolving business discipline that included the synergy of inbound, outbound, and reverse flows of services, products, and related materials and data. Before this, “logistics” had been used almost exclusively to describe the support of military operations.<\/p>\n\n\n\n Logistics grew further in the 1990s with the emergence of Enterprise Resource Planning<\/a> (ERP) systems. These systems were prioritized by the successes enjoyed by Material Requirements Planning systems created in the 1970s and 1980s. Despite some significant issues in getting the ERP systems installed and functional, by 2000, most large organizations used ERP systems. <\/p>\n\n\n\n The result of the change to ERP systems was a dramatic improvement in data availability and accuracy. The ERP software also increased the need for better planning and integration among logistics sectors. The result was the development of Advanced Planning and Scheduling software.<\/p>\n\n\n\n The widespread recognition and usage of the term “supply chain” is due to the globalization of manufacturing since the 1990s, particularly manufacturing in China<\/a>. Imports from China into the U.S. grew from nearly $45 billion each year in 1995 to over $280 billion per year just eleven years later. Globalization bolstered the need for logistics strategies. This was needed to compensate for the complex networks of multiple entities spanning multiple countries with various control measures. <\/p>\n\n\n\n In recent years there has been an increasing trend of using the term “supply chain management” to refer to strategic issues and “logistics” when referring to tactical and operational matters. The relationship between supply chain management and strategy is reflected in the Council of Logistics Management’s altering its name to the Council of Supply Chain Management Professionals<\/a> fifteen years ago.<\/p>\n\n\n\n An Online MBA in supply chain management addresses the needs present in today’s global supply chain. This advanced degree helps students interested in the field learn how the history of supply chain management impacts its future.<\/p>\n\n\n\n Finding the right business school requires more than just looking at some rankings<\/a> or casually selecting one with a reputation for being prestigious. Finding the right program begins by understanding why you would pursue an Online MBA<\/a>. What doors can the degree open for you in the near and distant future?<\/p>\n\n\n\n Here are some of the most valuable reasons for pursuing an Online MBA with a supply chain management focus:<\/p>\n\n\n\n The vast majority of MBA graduates, and most successful ones, use the credential to build on the knowledge, skills, and experience they already possess<\/a>. Today, it is common knowledge that very few (if any) employers will recruit a hire to do something she has no experience in doing, based on her having three new letters following her name. But what an MBA can do it give students intentional time to apply leadership and management principles to their business context. <\/p>\n\n\n\n A supply chain management Online MBA will not teach a student about every minutia of a supply chain, but it will tackle <\/p>\n\n\n\nWhat is the History of Supply Chain Management and the MBA?<\/h2>\n\n\n\n
The Roots of Supply Chain Management<\/h4>\n\n\n\n
The Early Years of Supply Chain Management<\/h4>\n\n\n\n
A Paradigm Change<\/h4>\n\n\n\n
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Logistics Comes of Age in Supply Chain Management<\/h4>\n\n\n
The Technology Revolution Enters into Supply Chain Management<\/h4>\n\n\n\n
The Globalization of Supply Chain Management<\/h4>\n\n\n\n
Why should I pursue a Online Supply Chain Management MBA?<\/h2>\n\n\n
You are Ready to Focus on Leadership<\/h4>\n\n\n\n
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Top Supply Chain Management Jobs<\/h3>\n\n\n\n