Supply Chain is one of the fastest growing field. Even many industrial associations and governments predict that it is going to be the new IT or the sun rise industry for India. But at the same time we know that there is a great demand for the supply chain skill set and organisations are constantly struggling to build their supply chain capability.
The question here is how to build the supply chain capability? There are two ways one is to pursue Certified Supply Chain
Professional (CSCP) certification and the other is doing MBA in a leading institution such as IIMs. Both option comes with pros and cons.
Pursuing CSCP Certification
CSCP is offered by ASCM, a global leader in supply chain body of knowledge. It is a general belief among the supply chain professionals that someone who has CSCP will never look back in their supply chain career. That is the popularity of the certification. The core strength of this certification is its body of knowledge. It is an end-to-end supply chain management certification and addresses all the aspects of supply chain as it is practiced in western countries. CSCP requires a serious study than an academic program. I would say there is no MBA in the world that is covering supply chain as intensive as CSCP certification. In my opinion the typical ROI for pursuing CSCP certification is about 3 to 6 months, when you get an upgrade in your position.
There are so many MBA programs available across the world. Ensure that you are getting into the right institution where they have experts available in SCM. Doing a generic MBA program may not be very helpful to launch yourself or to succeed in supply chain career. At the sometime, MBA focuses on several functions such as accounting, sales, marketing, organisational behaviour, economics etc. Hence you will acquire many skills in an MBA program, but at the sometime the focus on supply chain will be very little.
If you are looking for an in-depth, end-to-end supply chain knowledge CSCP would be the best option. You will learn the global best practices in supply chain and will be upto speed to transform your organisations supply chain processes.