Supply Chain Management

About the Supply Chain Management Program

Every business has a supply chain, which is the entire system that a firm uses to provide goods and services to its customers. In today’s world, companies rely more and more on supply chain management for their success. Managing a supply chain involves several interrelated activities such as:

  • Managing suppliers
  • Acquiring raw materials
  • Transportation of goods
  • Financial management
  • Inventory planning
  • Warehouse management
  • Managing flows of information

Developing more responsive, resilient, and sustainable supply chains has become more important than ever, putting a premium on professionals who exhibit a solid command of supply chain terminology and logistical capacity. Supply chain management is of the most growing professions. The wealth of different roles that a graduate can take in this area leads to several different job opportunities and several different career paths. You can work in a manufacturing company or a service company; in a big company or in a startup; in a profit organization or a non-profit organization. You can specialize in procurement, logistics, import/export operations, or demand planning. Opportunities that await supply chain graduates are vast. According to the Bureau of Labor Statistics states “that employment of logisticians is projected to grow 5 percent from 2018 to 2028 (8,400 new jobs), as fast as the average for all occupations. Just as importantly, professionals working in this area are excited about their jobs. According to a 2019 survey that was conducted by Council of Supply Chain Management Professionals “79% of young supply chain professionals surveyed described their work as satisfying, and 65% said their work is exciting.” To help prepare you to be a part of this ever-growing profession and your dream career path, MET offers the MS in Supply Chain Management with three concentrations. You can choose from:

  • Global business concentration
  • Logistics concentration
  • Quantitative approaches concentration

We also offer a certificate in Supply Chain Management available after completing four courses. Offered online and on-campus, our stellar hands-on courses are industry relevant and are updated continuously to meet the needs of the market. Our courses are taught by a unique teaching team that is composed of a mix of seasoned professionals, authors, and academic researchers.

Academics

We welcome early- or mid-career professionals who want to advance up the job ladder, mid-career leaders who need better skills in the area of supply chain management to improve their decision-making, as well as applicants with no work experience.

Candidates for admission to the degree program are selected on the basis of academic transcripts, academic and professional references, and often interviews. Degree candidates have six years to complete the program from the date of their first course.

Supply Chain Management Program

Over the past half-century, the area of supply chain management has grown from outsourcing labor-intensive processes to managing complex global networks. Overseeing a modern, global supply chain means developing and mobilizing complex international networks—putting a premium on professionals who have the knowledge and capability to navigate these geographically and culturally dispersed entities efficiently, while exhibiting a solid command of supply chain theory, logistics, and international trade. According to the international trade association MHI 2017 Annual Industry Report, 63 percent of industry leaders see hiring and retaining a skilled workforce as a top challenge. Moreover, Bureau of Labor Statistics states that “ employment of logisticians is projected to grow 5 percent from 2018 to 2028 (8,400 new jobs). Now is the time to prepare for a career in supply chain management.BU Met offers a master of science in SCM and a graduate certificate in SCM both programs are offered online and encamps

Curriculum

A total of 40 credits is required. All students must satisfy the degree core courses, specialization courses, and electives as indicated. Waived courses from core or concentration areas must be replaced by an elective course in order to meet the 40-credit-hour requirement.

Application Deadlines

To learn more on application deadlines click here.

Core Courses

METAD605 Operations Management: Business Process Fundamentals

This course will provide students with the analytical tools to analyze, manage, and improve manufacturing, service, and business processes. Coverage includes various options to lower operational costs and improve responsiveness to customers' needs, including operating system design, product & service design, capacity analysis & buffering, waiting line optimization, and process quality analysis using statistical approaches. Quantitative methods include application of stochastic simulation, analysis of random outcomes, statistical analysis routines (confidence intervals, hypothesis testing, machine learning), system reliability analysis, and statistical process control. The Deming philosophy of management, Lean operations principles, and Six Sigma process improvement methodologies form the underlying foundation of the course coverage.

[4 credits]

METAD632 Financial Concepts

Introduction to the concepts, methods and problems of accounting and financial analysis. Includes accounting principles, measurement and disclosure issues, financial statement analysis, time value of money, cash flow projection and analysis, capital budgeting and project evaluation, bond and equity valuation, cost of capital and capital structure. 4 cr. Effective Fall 2021, this course fulfills a single unit in each of the following BU Hub areas: Quantitative Reasoning II, Critical Thinking.

[4 credits]

METAD680 Global Supply Chains

This course covers the quantitative analysis tools to support operations management for a supply chain that is geographically dispersed and culturally diverse. The tools necessary to assure that the products/services are delivered/provided in the quality and timely manner include demand forecasting, inventory and capacity buffer optimization, delayed differentiation, statistical risk pooling, and stochastic inventory optimization. These tools are applied to decisions such as offshoring, multi-country outsourcing, push-pull, reverse supply chains, and risk mitigation. Particular attention is given to sustainability, information technology and digitalization, and creating resiliency.

[4 credits]

METAD715 Quantitative and Qualitative Decision-Making

The purpose of this course is to help improve business problem solving and managerial decision-making through the use of quantitative and qualitative decision-making tools and techniques. This course will provide the student with an overview of how decisions are made to solve management problems in the business environment. It introduces the fundamental concepts and methodologies of the decision-making process, problem-solving, decision analysis, data collection, probability distribution, evaluation, and prediction methods. Students will learn how to apply different quantitative and qualitative analytical tools commonly used in business to provide a depth of understanding and support to various decision-making activities within each subject area of management. Through the use of case studies of decisions made by managers in various production and service industries and a business simulation package specifically prepared for this course, the scope and breadth of decision-making in business will be described.

[4 credits]

Logistics Management Concentration Courses- Select Three

METAD642 Project Management

The course explores modern project management by providing an enterprise- level, experiential view of the discipline focused on connecting projects to the organization's mission, vision, and values. The theme of the course is applying key project management tools and techniques, through case-based group work, which will help students identify, analyze, and develop practical proposals to real-world issues. Groups select, plan, report, and then present on their project's scope, schedule, cost, risk, quality, and communications elements using tools such as the WBS, network diagram, PERT estimate, Gantt chart (including the use of MS Project), risk register, and heat map. Students also gain familiarity with important new concepts in project management: Agile frameworks, actionable sustainability thinking, and Benefits Realization Management, all of which will be important for their success not only in other graduate courses, but as they lead projects for their organizations so as to provide lasting, triple-bottom-line value. The course is aligned with the latest PMBOK? Guide from the Project Management Institute.

[4 credits]

METAD690 Strategic Logistics Management

This course covers quantitative approaches to logistics management. It teaches network optimization techniques and center gravity models for location analysis, mathematical programming for selecting the optimal transportation modality, statistical distributions for modeling the statistical uncertainty around the arrivals of trucks to a warehouse or a store, and inventory modeling for optimizing distribution centers. The course introduces mathematical models for warehouse layout decisions, learning curve models, and logistics network design in the context of today's increasingly digitalized supply networks.

[4 credits]

METAD734 Quality Management

Course participants will be exposed to the fundamental principles involved in the analysis and management of quality for enterprises and their supply chain. Quality is defined in the broadest sense, encompassing all performance components that drive customer satisfaction. The course focuses on management principles, statistical modeling and analysis, and their application in a variety of industrial, service, healthcare, and educational environments. Topics include the Deming philosophy of management, Six Sigma and the DMAIC project framework, quality certification systems, statistical data analysis & presentation, statistical modeling using control charts, and statistical analysis of process capability. Students will earn a Six Sigma Green Belt based on satisfactory performance on the final examination.

[4 credits]

METAD760 International Trade and Logistics

This course provides extensive insight into international trade practices and corporate decision-making criteria attendant to global import/export and other market entry strategies, and management of international logistics operations including global sourcing, global transportation, facility network design, intermediaries, and trade documentation. Topics include operations, government agencies, import/export channel networks, and the evaluation of international opportunities with the help of a business simulation package specifically prepared for this course. It is designed to provide students with the skills and tools necessary for international trade and international logistics management.

[4 credits]

Global Business Concentration Courses

METAD755 Doing Business in North America

Students are introduced to the latest requirements, techniques, procedures, and practices for successfully 'Doing Business in North America'. Emphasis is placed on managing in the most competitive business environment in the world; preparing, implementing, and maintaining sustainable international business transactions and operations. We begin with a description of driving forces and starting conditions for being a competitive and sustainable business enterprise including the role of the market integration in the NAFTA region. Included is consideration of corporate market entry strategies such as import and export agreements and transactions, contractual agreements, strategic alliances, and direct foreign investments. Factors of risk management, business continuity management, and performance management (on project and corporate levels) are considered. Regional policies, international trade development, opportunities in international trade development, and forward- looking challenges are examined. All participants attend live online lectures, partake in discussion boards and complete a group term project involving business simulation. The project is developed in stages (decision rounds) throughout the term and teams compete during each stage.

[4 credits]

METAD760 International Trade and Logistics

This course provides extensive insight into international trade practices and corporate decision-making criteria attendant to global import/export and other market entry strategies, and management of international logistics operations including global sourcing, global transportation, facility network design, intermediaries, and trade documentation. Topics include operations, government agencies, import/export channel networks, and the evaluation of international opportunities with the help of a business simulation package specifically prepared for this course. It is designed to provide students with the skills and tools necessary for international trade and international logistics management.

[4 credits]

METAD763 Multinational Finance and Trade

Prereqs: AD 630, AD731
Applies the concepts of corporate finance and risk mitigation to the problems of multinational financial management. Major topics include foreign exchange risk, and construction of hedging strategies using derivative instruments such as forwards, futures, and swaps to reduce multinational corporate risk. Addresses international financial flows and their impact on foreign exchange rates, capital flows, speculation, analysis of alternative foreign investments, analysis of sources and uses of corporate funds abroad, multinational tax and profit.

[4 credits]

Quantitative Approaches Concentration Courses- Select Three

METAD510 Mathematics & Statistics in Management

The goal of this course is to introduce to students foundational mathematics and statistics knowledge that will provide them skills and tools necessary to succeed in their area of study.

[4 credits]

METAD616 Enterprise Risk Analytics

Prereq: METAD571
The course offers an overview of the key current and emerging enterprise risk analytical approaches used by corporations and governmental institutions and is focused on understanding and implementing the enterprise risk management framework on how to leverage the opportunities around a firm to increase firm value. The major risk categories of the enterprise risk management such as financial risk, strategic risk, and operational risk will be discussed and risk analytics approaches for each of these risks will be covered. Students will learn how to use interlinked data inputs, analytics models, business statistics, optimization techniques, simulation, and decision-support tools. An integrated enterprise risk analytics approach will be demonstrated with examples from different functional areas of the enterprise. R, SQL, and Power BI software are used in this course.

[4 credits]

METAD724 Quantitative Approaches in Management

The goal of this course is to introduce to students advanced quantitative approaches and methods that will provide them skills and tools necessary to succeed in their area of study.

[4 credits]

METAD734 Quality Management

Course participants will be exposed to the fundamental principles involved in the analysis and management of quality for enterprises and their supply chain. Quality is defined in the broadest sense, encompassing all performance components that drive customer satisfaction. The course focuses on management principles, statistical modeling and analysis, and their application in a variety of industrial, service, healthcare, and educational environments. Topics include the Deming philosophy of management, Six Sigma and the DMAIC project framework, quality certification systems, statistical data analysis & presentation, statistical modeling using control charts, and statistical analysis of process capability. Students will earn a Six Sigma Green Belt based on satisfactory performance on the final examination.

[4 credits]

Capstone Project

METAD804 Capstone Project for Supply Chain Management

This course provides an opportunity for supply chain students to apply various methodological tools to solve a real world problem supported by an external sponsor or generated as a research project. Projects require the use of quantitative and qualitative tools to analyze supply chain performance, quantify supply chain risks, optimize logistics networks, optimize inventory levels, or evaluate capacity decisions. Specific methodologies include mathematical modeling, data mining, statistical analysis, inventory optimization, network optimization, process analysis, and waiting line modeling and optimization.

[4 credits]

Elective Courses

BU MET Business & Management Degree Programs & Courses

Class Schedule

To learn more about class schedule click here.

Academic Services

The Administrative Sciences department faculty and staff provides academic support and development opportunities to you throughout your career as a student in our program. The College offers a wide range of services that are focused on helping you to be successful in the classroom and prepare you for a career after college.  You will have an opportunity to participate in:

  • Webinars that describe the program and your potential study plan
  • Orientation
  • Communication with your program advisor
  • Registering for classes at orientation
  • I-20 and Student Visa for international students

SCM Career Explorer

The area of Supply Chain Management offers a myriad of career opportunities. You can specialize in several areas including but not limited to procurement, quality management, logistics, import/export operations, or can be a consultant to more established companies or start-ups. Please visit our career explorer to gain insights on a career in Supply Chain Management. In the explorer, you will find information regarding a specific career, the number of job listings in that area, the companies offering that career as well as the salary.