Is a Supply Chain MBA a good decision for your career?
As always, depends on who you ask and what exactly you want. A Supply Chain MBA is a graduate-level program that would focus on the management of manufacturing, sourcing, and delivering goods to customers. These programs can highlight topics such as inventory management, globalization, data analytics, and operations management. If learning in person, these MBA programs often include case studies, internships, and opportunities to incorporate hands-on learning to help students excel in their field of study.
While MBA programs can offer great networking opportunities, career advancement, and flexibility - there is always a risk associated with every reward. MBA programs can be costly and prohibitive to many, often requiring large amounts of student loans or savings that could be allocated elsewhere. Also, there is the question of theory vs. practice: college programs often offer a theoretical understanding of supply chain issues that may not translate well in the real world in such a volatile industry.
The FreightWaves State of Freight webinar discussed the current state of the freight market, highlighting that while truckload rates remain relatively stable, demand for freight has been strong.