Supply Chain Management is an essential aspect of any industry in manufacturing, distribution, or both. Whether it’s Ford or GM manufacturing their cars with thousands of parts being sourced from several vendors across the world or Amazon aggregating goods from suppliers at their warehouses and then selling them to customers, Supply Chain Management is uber present, and it is the lifeline of the industry. The field’s demand surged due to globalization and E-commerce. A Master’s in Supply Chain Management puts one in charge, equipped to manage and adapt to industry dynamics. An online Master’s Degree, feasible from home or alongside a job, aids career progression. This comprehensive guide illuminates all facets of Masters in Supply Chain Management Online programs, offering insights for industry professionals and those seeking to enter this dynamic field.
Once convinced about the potential of Supply Chain Management education, it is time to zero in on the program suited best for one’s needs. Due to the heavy demand for Supply Chain Management professionals, many schools offer online programs. An exhaustive list of all such programs has been reviewed, and the best Supply Chain Management Schools have been selected. Here are the best online masters in supply chain management programs based on our methodology:
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College Name & Address | Tuition | Graduation Rate |
---|---|---|
#1 University of Maryland, College Park College Park, Maryland 20742 | $13,158 | 87% |
#2 University of Washington 1400 NE Campus Parkway, Seattle, Washington 98195 | $16,278 | 84% |
#3 Rutgers University 83 Somerset St, New Brunswick, New Jersey 08901 | $17,736 | 84% |
#4 Michigan State University East Lansing, Michigan 48824 | $18,858 | 81% |
#5 University of Southern California University Park, Los Angeles, California 90089 | $47,880 | 92% |
#6 Massachusetts Institute of Technology 77 Massachusetts Avenue, Cambridge, Massachusetts 02139 | $53,450 | 95% |
#7 Boston University One Silber Way, Boston, Massachusetts 02215 | $56,854 | 88% |
#8 Indiana University Bloomington 107 South Indiana Ave., Bloomington, Indiana 47405 | $9,786 | 79% |
#9 University of Texas 800 West Campbell Road, Richardson, Texas 75080 | $14,560 | 70% |
#10 Missouri University of Science and Technology 300 W.13th Street, Rolla, Missouri 65409 | $10,452 | 66% |
#11 Georgia College & State University 231 W Hancock Street, Milledgeville, Georgia 31061 | $5,292 | 64% |
#12 Kettering University 1700 University Avenue, Flint, Michigan 48504 | $15,252 | 63% |
#13 Embry-Riddle Aeronautical University 1 Aerospace Blvd., Daytona Beach, Florida 32114 | $18,228 | 62% |
#14 University of North Texas 1501 W.Chestnut Ave., Denton, Texas 76203 | $6,350 | 56% |
#15 University of Wisconsin 1 University Plaza, Platteville, Wisconsin 53818 | $7,640 | 56% |
#16 University of St. Francis 2701 Spring St, Fort Wayne, Indiana 46808 | $11,448 | 55% |
#17 Portland State University 724 SW Harrison, Portland, Oregon 97201 | $14,652 | 48% |
#18 Wright State University 3640 Colonel Glenn Highway, Dayton, Ohio 45435 | $14,298 | 45% |
#19 Charleston Southern University 9200 University Blvd, Charleston, South Carolina 29406 | $7,800 | 41% |
Source – Integrated Post Secondary Education Data System & University Data
*Tuition rates are for in-state and per year. Program specific rates may apply.
**NA – data not available
Higher education has become increasingly expensive, and Supply Chain Management is no exception. Research has been conducted on the best programs to bake in the important aspect of affordability, creating the most affordable online supply chain management degrees that offer high-quality education and light in one’s pocket. Here is a list of affordable online masters in supply chain management degree programs.
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College Name & Address | Tuition | Graduation Rate |
---|---|---|
#1 Middle Georgia State University 100 University Parkway, Macon, Georgia 31206 | $3,582 | 23% |
#2 Georgia College & State University 231 W Hancock Street, Milledgeville, Georgia 31061 | $5,292 | 64% |
#3 University of North Texas 1501 W.Chestnut Ave., Denton, Texas 76203 | $6,350 | 56% |
#4 American Public University System 111 W Congress St, Charles Town, West Virginia 25414 | $6,660 | 40% |
#5 Texas A&M University JKW Administration Building, Suite 200, College Station, Texas 77843 | $6,775 | 82% |
#6 Athens State University 300 N Beaty St, Athens, Alabama 35611 | $6,936 | NA |
#7 University of Wisconsin 1 University Plaza, Platteville, Wisconsin 53818 | $7,640 | 56% |
#8 University of Arkansas Administration Bldg 425, Fayetteville, Arkansas 72701 | $7,752 | 66% |
#9 Charleston Southern University 9200 University Blvd, Charleston, South Carolina 29406 | $7,800 | 41% |
#10 Western Illinois University 1 University Circle, Macomb, Illinois 61455 | $8,156 | 51% |
#11 University of Southern Mississippi 118 College Drive # 0001, Hattiesburg, Mississippi 39406 | $8,786 | 49% |
#12 Oakland City University 138 N Lucretia St, Oakland City, Indiana 47660 | $9,300 | 52% |
#13 Indiana University Bloomington 107 South Indiana Ave., Bloomington, Indiana 47405 | $9,786 | 79% |
#14 Arizona State University Campus Immersion University Drive and Mill Avenue, Tempe, Arizona 85287 | $11,720 | 63% |
#15 University of Maryland College Park, Maryland 20742 | $13,158 | 87% |
#16 Florida Institute of Technology-Online 150 West University Blvd, Melbourne, Florida 32901 | $16,128 | NA |
#17 University of Minnesota Twin Cities 100 Church Street SE, Minneapolis, Minnesota 55455 | $17,580 | 83% |
#18 Rutgers, The State University of New Jersey 83 Somerset St, New Brunswick, New Jersey 08901 | $17,736 | 84% |
#19 Michigan State University East Lansing, Michigan 48824 | $18,858 | 81% |
Source – Integrated Post Secondary Education Data System & University Data
*Tuition rates are for in-state and per year. Program specific rates may apply.
**NA – data not available
Supply Chain Management is a subject that deals with sourcing raw materials and components required by companies to manufacture their products. People who work in Logistics focus on improving the supply chain’s overall performance to ensure the fastest possible delivery. This is achieved through efficient planning, which allows enterprises to reduce excess inventory and storage costs. Therefore, it is no surprise that industries with complex supply chains have a tremendous demand for world-class supply chain managers. A Master’s in Supply Chain Management degree equips one to understand all the aspects in-depth and get intensive application knowledge to become a successful professional. To learn about the Supply Chain Management MBA online programs, read about it here.
In the context of a Master’s program, the curriculum presents a thoughtful blend of theory and practical skills. Industry highly values these skills, acquired through online Supply Chain Management courses. Salient areas or subjects covered in the Supply Chain Management courses include:
Operations Management | Operations management is the administration of business practices to create the highest level of efficiency possible within an organization. Operations management is concerned with converting materials and labor into goods and services as efficiently as possible. |
Project Management | Project management is the process of leading the work of a team to achieve goals and meet success criteria at a specified time. The primary challenge of project management is to achieve all project goals within the given constraints. |
Supply Chain Management | Supply chain management manages the flow of goods and services and includes all processes that transform raw materials into final products. It involves actively streamlining a business’s supply-side activities to maximize customer value and gain a competitive advantage in the marketplace. |
Strategic Sourcing and Procurement | Strategic sourcing and procurement is the process of developing supply channels at the lowest total cost, not just the lowest purchase price. It is a process that connects data collection, spending analysis, market research, negotiation, and contracting. |
Global Supply Chain Management | Global supply chain management involves planning how the entire supply chain will function as an integrated whole to generate optimum customer service while being as cost-efficient as possible. |
Supply Chain Analytics | Supply Chain Analytics identifies known risks and helps to predict future risks by spotting patterns and trends throughout the supply chain. It increases accuracy in planning by analyzing customer data and helps a business better predict future demand. |
Upon successfully completing this program, students can expect the following skills and achieve the following learning outcomes:
A Master’s in Supply Chain Management can be pursued mainly through an MBA (Master’s in Business Administration) or an MS (Master of Science). While the MBA program deals with the Supply Chain aspects in the business landscape, the MS dives deep into the engineering and technology aspects of the Supply Chain.
The Master of Science (MS) in Supply Chain Management is a specialized program focusing on advanced supply chain strategy, logistics, and operations concepts. It equips students with in-depth knowledge and analytical skills, preparing them for leadership roles in optimizing global supply chain processes and driving organizational efficiency.
The MBA in Supply Chain Management combines traditional business principles with specialized expertise in supply chain strategies. This program provides a comprehensive understanding of logistics, procurement, and operations management, empowering graduates to lead and innovate within complex global supply chain networks and enhance organizational competitiveness. Discover more about MBA in Supply Chain Management.
Since supply chain management is such a vast area, it has various concentrations available, like Logistics, Operations, International Supply Chain Management, Procurement, Digital Supply Chain Management, and Supply Chain Analytics, to name a few.
Below are a few top concentrations highly regarded and coveted by the industry, covered in detail:
The timeline for completing a Master’s in Supply Chain Management online varies but typically ranges from 18 months to two years. Students progress through courses at their own pace, allowing flexibility for those working professionals with busy schedules. The structure enables timely graduation while accommodating individual learning preferences and professional commitments.
Accelerated Supply Chain Management Master’s Programs offer an expedited path to advanced education, often completed in 12-18 months. This format benefits students by saving time and allowing quicker entry into the workforce. To find institutions offering accelerated programs, students should explore university websites, contact admissions offices, and utilize online platforms specializing in graduate program searches. Here are examples of colleges that offer accelerated master’s in supply chain programs:
Admission requirements vary from one university to another for a Master’s in Supply Chain Management. Here are some of the common admission requirements.
The GRE, or Graduate Record Examination, is a standardized test widely used for graduate school admissions in the United States. Universities often waive the GRE, considering factors like a higher GPA, significant work experience, or advanced degrees. Many institutions recognize diverse qualifications beyond standardized test scores, allowing applicants to showcase their potential through alternative means. Each university may have specific criteria for GRE waivers, making it essential for applicants to explore individual requirements. Here are a few universities that offer online supply chain management masters with no GRE programs:
Accreditation for Online Master’s in Supply Chain Management programs ensures adherence to rigorous quality standards. Students benefit by gaining assurance of a high-quality education recognized by employers and institutions globally. Accreditation validates the program’s relevance, faculty expertise, and delivery methods, enhancing the student’s educational experience and degree’s value in the competitive job market. Here are the six regional accreditation bodies in the United States:
Free Online Supply Chain Courses provide foundational knowledge and insights into the field without any financial commitment. Although these courses offer introductory expertise in supply chain management concepts, providing valuable information for informational purposes, they are not accredited, allowing flexibility and accessibility for knowledge enhancement. Here are some free resources for students pursuing a master’s degree in supply chain management:
Course | Description | Provided by |
---|---|---|
Supply Chain Management and Capacity Planning 12 | This free online certificate course on supply chain management and capacity planning explains the significance and role of procuring raw materials and distributing finished goods. It educates on how capacity planning aids in forecasting and meeting demand promptly. | Alison |
Supply Chain Management for E-commerce 13 | This course is for students interested in exploring the realm of e-commerce supply chains. It holds value for entrepreneurs seeking effective product sourcing, small business owners aspiring for expansion, and individuals looking to enter the e-commerce sector. No specific prerequisites are required, making it accessible to anyone passionate about comprehending the dynamics of e-commerce operations. | Class Central |
Supply Chain Analytics Specialization 14 | This course helps students integrate supply chain management with data analytics. There are six courses in which problems across different supply chain domains, covering source, make, move, and sell, are explored and addressed. | Coursera |
The cost of pursuing an online master’s in Supply Chain Management can be significant in the United States. Affordability might be a hurdle, particularly for working professionals with additional commitments. In response to such situations, universities and institutes create more economical fee structures and provide payment alternatives through various avenues.
Internships offer students a chance to apply academic knowledge professionally, often providing payment and the opportunity to earn college credits. Valuable for practical experience during academic pursuits.
Student loans provide financial assistance for education expenses, offering funds students can repay after graduation. These loans help cover tuition, living costs, and other educational necessities. These loans need to be repaid with interest.
FAFSA represents financial aid the federal government provides to students pursuing education in any field. The U.S. Department of Education administers the Free Application for Federal Student Aid (FAFSA) form.
Learn more about funding college education through the financial aid guide.
Scholarships for online Master’s in Supply Chain Management provide financial assistance, making advanced education accessible. Students benefit from reduced financial burden and expanded opportunities. Thorough research on university websites, scholarship platforms, and industry organizations helps identify diverse funding sources, ensuring students can make informed choices and secure the necessary support for their academic journey.
The R. Gene and Nancy D. Richter Foundation, presented by ISM (Institute for Supply Management), offers the Supply Management Scholarship & Award to support students pursuing education in supply chain management. The foundation recognizes academic excellence and commitment to advancing the field. To be eligible, students must be in their senior year during the academic year 2024-2025 and enrolled full-time in an accredited supply management, supply chain management, or procurement program. Their intention should be to specialize in the field of supply management.
Award: $15000
Deadline: January 26, 2024.
The J. Shipman Gold Medal Award, presented by ISM (Institute for Supply Management), honors professionals demonstrating exceptional leadership and contributions to the supply chain field. The award recognizes excellence and innovation in supply management.
Award: Varies
Deadline: January 26, 2024.
Online programs in Master’s programs in Supply Chain Management are bound to propel individuals to the next orbit of a stellar career in the fast-growing Supply Chain Management industry. Currently, the demand-to-supply ratio of jobs to qualified individuals is six to one. According to the U.S. Bureau of Labor Statistics, Logisticians 17 earn $77,520, and the growth predicted between 2022-2032 is 18% which is much faster than average.
The online Master of Science in Supply Chain Management salary tilts the scales in its favor, and needless to say, it makes a strong case to enroll in a Master of Science in Supply Chain Management program right away. Here are a few occupations with their job descriptions, median pay, and job outlook:
Occupations | Job Description | Median Salaries | Job Outlook |
---|---|---|---|
Logistician17 | Logisticians analyze and coordinate an organization’s supply chain | $77,520 | 18% |
Transportation and Distribution Logistics Manager18 | Plan, direct, or coordinate transportation, storage, or distribution activities following organizational policies and applicable government laws or regulations | $ 103,930 | No Data Available |
Manager Supply Chain and Logistics19 | Direct or coordinate production, purchasing, warehousing, distribution, or financial forecasting services or activities to limit costs and improve accuracy, customer service, or safety. Examine existing procedures or opportunities for streamlining activities to meet product distribution needs. Direct the movement, storage, or processing of inventory. | $123,400 | No Data Available |
Fleet Manager20 | The Fleet Manager is responsible for effectively managing the acquisition, operations, and maintenance of the organization’s fleet of motor vehicles. They oversee the scheduling and dispatch operations for both vehicles and drivers. Additionally, the Fleet Manager evaluates, purchases, leases, and disposes of vehicles to ensure the smooth functioning of the fleet. They also play a crucial role in developing and maintaining strong relationships with vendors and service providers for fuel, maintenance, and other essential services. Furthermore, the Fleet Manager administers insurance policy coverage, negotiates agreements, and actively participates in claim resolution processes. | $103,257 | No Data Available |
Technically speaking, a candidate doesn’t need any certifications. However, having an educational background in Supply Chain Management is not a bad idea. Just like field experience is a “nice to have” and not mandatory for Supply Chain managers, a Supply Chain certification is helpful but not 100% necessary for all job seekers. Not all of them can be called cheap supply chain certification, but they certainly add to the career progression opportunities to a Supply Chain Management degree. Below are a few coveted ones:
Supply Chain Management professionals can enhance their knowledge and network by engaging with industry associations and resources. Organization membership offers access to exclusive events, publications, and networking opportunities. These platforms provide valuable insights, updates on industry trends, and a collaborative environment, empowering professionals to stay informed, build connections, and continuously advance their expertise in the dynamic field of Supply Chain Management.
APICS – The Association for Operations Management24 | APICS is a Professional organization for those working in operations management, “including production, inventory, supply chain, materials management, purchasing, & logistics.” APICS has info on certification programs such as the Certified Supply Chain Professional. It also offers white papers, industry news, a buyer’s guide, & information on educational opportunities. Additional information is available to APICS members, such as best practices, the APICS Dictionary, & a database of enterprise software reviews. |
Institute for Operations Research and the Management Sciences (INFORMS)25 | “The Institute for Operations Research and the Management Sciences (INFORMS) is the largest professional society in the world for professionals in the field of operations research (OR.) |
Council of Supply Chain Management Professionals (CSCMP)26 | A professional association for SCM professionals (formerly the Council of Logistics Management – CLM). CSCMP also offers information on membership, conferences, other educational opportunities, case studies, and a career center. |
Supply Chain Council27 | “Supply Chain Council (SCC) is a global non-profit organization whose framework, improvement methodology, training, certification, and benchmarking tools help member organizations make dramatic, rapid, and sustainable improvements in supply chain performance.” The site has info on the Supply Chain Operations Reference (SCOR) model. |
Production and Operations Management Society28 | “Production and Operations Management Society (POMS) is an international professional organization representing the interests of POM professionals worldwide.” |
Warehousing Education and Research Council (WERC)29 | WERC is a professional association for distribution professionals. |
A Supply Chain Program is an educational curriculum that systematically coordinates processes in producing, distributing, and delivering goods or services. It encompasses various disciplines, including logistics, procurement, inventory management, and transportation, to optimize the efficiency and effectiveness of supply chain operations.
Florida Institute of Technology
New England Commission of Higher Education (NECHE)
Middle States Commission on Higher Education (MSCHE)
Higher Learning Commission (HLC)
Southern Association of Colleges and Schools Commission on Colleges (SACSCOC)
Northwest Commission on Colleges and Universities (NWCCU)
Western Association of Schools and Colleges (WASC) Senior College and University Commission (WSCUC)
Supply Chain Management and Capacity Planning
Supply Chain Management for E-commerce
Supply Chain Analytics Specialization
Supply Management Scholarship & Award: R. Gene and Nancy D. Richter Foundation
Transportation and Distribution Logistics Manage
Manager Supply Chain and Logistics
APICS Certified Supply Chain Professional certification (CSCP)
SOLE Certified Professional Logistician (CPL)
SCPro Council of Supply Chain Management Professionals (CSCMP)
APICS – The Association for Operations Management
Institute for Operations Research and the Management Sciences (INFORMS)
Council of Supply Chain Management Professionals (CSCMP)