Difference Between Online MBA in Operations Management vs Supply Chain Management

Business world is continuously evolving, and demands for professionals in different fields is increasing. Management students are looking for ways to advance their careers. This is reason why pursue their higher studies to stay competitive in Job market. Two famous management courses are an Online MBA in Operations Management and an MBA in Supply Chain Management. Students are often confused between these courses for their careers.

Choosing any specific specialization among two is depends up on your career goals and interests. In this guide, we are going to tell you about the MBA in Operations Management, Online MBA in Supply Chain Management, its career options, job profiles, industry demand, etc. This guide will help you to choose the best MBA specialization after compare all factors, include career prospects, industry relevance, the difference between Operations and Supply Chain, curriculum, networking opportunities, and many more factors.

What is MBA in Operations Management

Online MBA in Operations Management is a 2-year postgraduate degree course that consists of planning, coordinating, and supervising product and carrier design, development, and transport. Since operations control is one of the crucial capabilities of a business, there is a great demand for experts with recognized degrees like an MBA in Operations Management. The courses are pursued in full-time, part-time, and online modes.

Working experts with experience of 3-8 years can opt for an Executive MBA in Operations Management for career growth. During the course, students are taught numerous MBA in Operations Management subjects like Demand Management and Pricing Optimization, Supply Chain Management, Risk Analytics, Operations Strategy, Service Management, Six Sigma Tools and Methodologies, etc. Let us look at the highlights below to understand the scope of MBA in Operations Management.

What is MBA in Supply Chain Management

MBA in supply chain management is study of managing the complete method of setting up a relationship among a manufacturing unit and its clients. An Online MBA in Supply Chain Management course is useful in providing in-depth information on logistics and supply chain functions to candidates.

Companies are constantly looking for experts which are aware of the right stage of investment this is required to increase profitability in the companies. Manufacturers, traders, logistics service companies, and a number of other sectors have increase their demand for employees with qualifications in supply chain management because of globalization.

Core Subjects & Curriculum Comparison

Here, we look at the comprehensive Operations vs. Supply Chain MBA syllabus.

Syllabus and Subjects of MBA in Supply Chain Management

The MBA in Supply Chain Management equips students with knowledge and skills important for planning, executing, and manage transportation. They also handle the management of goods and services. Through this program, students can develop their skills and knowledge to formulate and enforce strategic decisions. The degree covers areas such as manufacturing, distribution, management, and optimization. The core subjects which are covered in the curriculum are as follows.

• Principles of Management
• Procurement, Storage, and Warehouse Management
• Managerial Economics
• Marketing Management
• Accounting and Finance
• Basics of Logistics and Supply Chain Management
• Quantitative Techniques
• Human Resources Management
• Global Business Environment
• Financial Management
• International Trade Procedures & Documentation
• Research Methods for Business
• Public Private Partnership and Port Development
• Production and Operations Management
• Distribution Management for Global Supply Chain

Syllabus and Subjects of MBA in Operations Management

MBA in Operations Management is a specialized programme tailor-made to fulfill the latest demands of the industry. The degree gives students an opportunity to enhance their careers into leading positions in the area. This programme gives comprehensive education to leverage current technologies such as IoT, artificial intelligence, and blockchain in operational features. The core subjects which can be covered in the curriculum are as follows.

• Principles of Economics and Markets
• Managerial Effectiveness and Ethics
• Accounting and Finance
• Organizational Behaviour and Human Resources Management
• Quantitative Techniques and Analytics
• Entrepreneurship
• Marketing Management and Research
• Banking, Financial Services and Insurance
• Corporate Law
• Business Environment and Strategy
• Operations Management
• Enterprise Resource Planning
• Total Quality Management
• Performance Management System
• Information Technology in SCM

Career Opportunities & Job Profiles

MBA in Operations Management and MBA in Supply Chain Management offer promising career paths in the business world. While Operations Management specializes in optimizing manufacturing and inner tactics, Supply Chain Management handles the flow of goods from providers to customers. Both specializations can open doors to high demand for roles in top businesses across sectors, which include manufacturing, retail, e-commerce, and consulting.

With ever-evolving international markets, experts with knowledge in these industries are increasingly famous, and competitive salaries reflect their essential value to business success. Let us compare the career in Operations Management, a career in Supply Chain Management, job offers, salary, and top recruiters of these both MBA specializations.

Industry Relevance & Emerging Trends

Supply Chain Management experts get career opportunities in the manufacturing, retail, and logistics sectors. Operations Management experts get the opportunity to work in multiple industries, which include healthcare, finance, and technology.

When to Choose MBA in OM

•                    You are good at problem-solving & data analysis

•                    You are task-oriented

•                    You are interested in working in multiple industries

When to Choose MBA in SCM

•                    You are good at strategic thinking & planning

•                    You have a global perspective on business & commerce

•                    You are appropriate at interacting with humans & build relationships

Key Emerging Trends in Operations Management

When it comes to operations management, the following trends hold great demand in each SME and big retail businesses in India.

•                    Automation and Artificial Intelligence

Everyone knows that automation and AI have increase manufacturing speed two times of every company. Not only manufacturing today, artificial intelligence can effortlessly replace human mindsets with zero mistakes. AI enhances stock, supply chain, and quality in operations management with minimum assistance. The effect of AI or automation in operations management is main, infact in the coming days, human minds might get replaced by codes and machines with the least mistakes.

•                    Sustainability and Corporate Social Responsibility

A company’s CSR practices and thoughts about sustainability create a huge impact on its recognition. Every day, human beings have become concerned about environmental issues, and the industries promising to be sustainable and handling their corporate well being are in high demand. Not just that, today, even employees recognize on most effective agencies with unique responsibilities aligned and following the right CSR practices.

•                    Agile Operations Management

Agile operation guarantees flexibility and convenience to any company. By breaking the tedious tasks into smaller components, agile operations reduce the workload, risks of errors, and some other production or supply chain hurdles. This technique even motivates employees with new challenges daily, keep them engaged of their task listing during working period.

Key Emerging Trends in MBA In Supply Chain Management

Supply chain and logistics are the backbone of any business. This is why as a business owner, it’s vital to stay updated with the modern developments and data in this field. Here are some of the key trends that show the scope of an MBA in supply chain Management

•                    Blockchain Technology

Blockchain technology is revolutionizing supply chain management trends and is used in various industries today. It has made an extensive impact in the logistics and supply chain area. With the help of blockchain, supply chain has significantly progressed tracking and transparency, which leads to steady storage and the sharing of data without the involvement of any third party.

•                    E-commerce Solutions

The increasing demand for e-commerce solutions is much aware by people, but finding the right experts to satisfy those needs is a tough task. Improving the skills of employees is also an important challenge that includes growth. To address these issues, companies now turn to digital training solutions. These solutions handle the hiring, recruiting, and training techniques for onboarding new professionals.

•                    Warehouse Automation

Warehouse automation is an important part of logistics and supply chain strategies. The traditional methods of handling warehouses manually take a huge money and time. However, those old strategies will replaced by using automated strategies soon.

•                    Agility in Supply Chain

In today’s fast-paced business world, technology is constantly advancing, and companies want to stay competitive. Being flexible and adaptable is crucial for companies and their supply chains in digital technology. To obtain this agility, logistics groups can use self-managed onboarding and efficiently control adjustments and quality in their methods.

Which One Should You Choose?

Choosing between an MBA in Operations Management and Supply Chain Management relies upon your career dreams, interests, and strengths. If you are passionate about optimizing internal business processes, ensuring quality, handling teams, and enhancing manufacturing structures, then Operations Management is the best course for you. It's suitable for individuals who experience working in the center of an enterprise to improve efficiency and output.

On the other hand, in case you're interested about global logistics, procurement, vendor management, and coordinating products go with the flow from supply to the customer, Supply Chain Management offers more outside, end-to-end recognition. This course suits people who focus on strategic planning, data analysis, and cross-functional coordination. Both fields offer strong job potential and competitive salaries, but your preference should align with the form of effect you want to create in a business. Consider your long-term vision and select the specialization that great fits your skills and interests.

Conclusion

Engineers with an interests towards management can considerably strengthen their careers through pursuing an Online MBA specializations in India. These specializations offer potential career opportunities and open doors to various job possibilities for MBA graduates. If you’re interested towards optimizing inner tactics, enhancing productiveness, ensure efficiency in an company, then MBA in Operations Management is best course for you. On the other hand, in case you’re interested in the complex workings of supply chains, from procurement to customer satisfaction, an MBA in Supply Chain Management is the best option.

The top online universities provide an accessible and quality platform for candidates to pursue both of those degrees, ensuring they're well-organized for the demanding situations. It increases your career opportunities in the fields of operations and supply chain management. With the proper education and capabilities, MBA graduates can enjoy a world of job opportunities and effect their chosen industries.