Online MBA in Operations Management vs. Supply Chain Management: What’s the Difference?

Today world is driven by precision, speed, and innovation, and companies rely on operations and reliable supply networks to stay competitive in market. Aspiring professionals and mid-game changers must choose the best MBA program to shape their careers. The two popular MBA programs are Online MBA in Operations Management and MBA in Supply Chain Management. These two courses are in high demand.

MBA in operations management focus on the refining internal process, streamline the business activities, and enhance productivity. Online MBA in Supply Chain Management teaches you about the movement of goods, data, and relationships across suppliers, distributors, and manufacturers. In this blog, we tell you about the MBA in operations management and MBA in Supply Chain Management, curriculum and core subjects, career opportunities, emerging technologies and trends, etc. These aspects understand you about the difference between Operations and Supply Chain, help you to choose the best MBA specialization, and make your rewarding career.

About MBA in Operations Management

MBA Operations Management revolves around the efficient design, implementation, and management of approaches that rework inputs into completed services or products. It's the art and science of streamlining operations to maximize productiveness whilst minimizing fees. Here are key aspects of an Online MBA in Operations Management

•                    Process Design and Development: OM involves designing and improving operational tactics to achieve efficiency, quality, and customer satisfaction. This includes analyzing workflow, figuring out bottlenecks, and enforcing process updates.

•                    Capacity Planning: OM consists of determining the high potential and sources required to satisfy production demands while balancing costs and client expectancies.

•                    Quality Management: OM involves enforcing excellent control measures, tracking product or service quality, and continuous development projects to enhance customer satisfaction.

•                    Resource Allocation: OM includes allocating assets such as hard work, systems, and materials to maximize productivity, limit waste, and optimize human resource utilization.

•                    Efficiency and Productivity: OM specializes in improving efficiency and productiveness in the company internal operations to supply items or services successfully and acquire cost savings.

About MBA in Supply Chain Management

Supply chain management consists of material sourcing, product production, and transport to the consumer. Supply chain managers collaborate with providers, logistics teams, and customers, working globally to manage buying, warehousing, and forecasting. The area also require for comparing providers, enhancing customer support, and coordinating with different departments. Supply chain management enables to reduce costs, improve customer service, and respond quickly to market demands. Here are key aspects of  Online MBA in Supply Chain Management 

·         Supplier Management: SCM consists of choosing and handling providers, negotiating contracts, and establishing together useful relationships to ensure a reliable supply of raw materials or components.

·         Inventory Management: Efficient inventory management is important in SCM to balance deliver and demand for, minimize wearing charges, and save you stockouts or overstocking.

·         Demand Planning and Forecasting: The scope of the Online MBA in Supply Chain Management increases demand for planning and forecasting. It helps to optimize production, manage stock levels, and meet customer demand efficiently.

·         Logistics and Distribution: SCM includes managing the movement and storage of goods, choosing appropriate transportation modes, and optimizing distribution networks to ensure well-timed delivery to clients.

·         Collaboration: SCM emphasizes collaboration and information sharing among supply chain partners to improve efficiency, reduce expenses, and improve client satisfaction.

Core Subjects & Curriculum Comparison

Before you enroll in MBA Operations Management or MBA in supply chain management, you must look at the syllabus below.

Key subjects covered in MBA Operations Management

Operations Management offers a basic course throughout all the huge areas of operations in a company. The knowledge acquired via this MBA specialization prepares students to improve performance, reduce costs, and gain a competitive edge in the company. The curriculum also covered the company legal environment, accounting, global business management, business potential development, and industry coverage and strategic management. Here is the list of subjects covered in the MBA in Operations Management Syllabus.

Semester 1	Semester 2
Financial Accounting and Reporting	Corporate Finance
Management Theory and Practices	Services Operations Management -I
Accounting for Business Decisions	Planning & Control of Operations
Business Communication - I	Business Communication - II
Business Research Methods	Marketing Management
Digital Business	Human Resource Management
Indian Economy	Operations & Supply Chain Management
Verbal Communication	Geopolitics & World Economic Systems
Business Systems & Procedures	Organizational Behavior
Personality & Leadership Lab	Supply Chain Management
Information Systems for Managing Business	Inventory Management
Managerial Economics	Advanced-Data Analysis
Research Methodology and Statistics	Financial Management
Organizational Behavior	Macroeconomic Theory and Policy
Economic Analysis for Business Decision	Contemporary Frameworks in Management
Basics of Marketing	Start-up & New Venture Management
Management Fundamentals	-
Entrepreneurship Development	-
MS Office & Excel	-
Current Event Cases	-
Aptitude & Reasoning	-
Organizational Design, Change, and Transformation (S)	-
Semester 3	Semester 4
Strategic Management	E-Supply Chain & Logistics
Materials Management	Operations Strategy
Analytics and Business Forecasting	Business Ethics
Logistics Management	Strategic Supply Chain Management
Toyota Production System	Advanced Decision Modelling
Entrepreneurship Management	Industry 4.0
Quality Management	International Business
Management of Technology	Enterprise Resource Planning
Services Operations Management -II	Project Management
Manufacturing Resource Planning	Services Operations Management
Six Sigma For Operations	-
Legal Aspect of Business	-
Entrepreneurship Management	-
Legal Aspect of Business	-

 

Key subjects covered in MBA SCM

The curriculum is designed to provide students with comprehensive expertise in supply chain operations and strategic planning and optimization skills. The syllabus for the MBA Supply Chain Management is listed below.

Semester 1	Semester 2
Supply Chain Management	Operations Management
Managerial Functions	Export-Import Procedure & Documentation
Financial Accounting and Budgeting	Global Economics & Management Decision
Logistics Management	Costing and Financial Management
Quantitative & Modeling Techniques	Management Information System
Management Information System	Supply Chain Management II
International Trade & Commerce	Multi-Modal Transport
Warehouse Management	Logistics Management
Semester 3	Semester 4
Business Law