If the pandemic has made anything clear, it’s that the supply chain and logistics industry badly needs skilled, capable, and agile leaders. In these turbulent times, great unknowns are bogging down the sector. When will demand patterns change? Will labor and parts shortages persist? How to operate in this new normal? And how can you leverage data to better prepare?
“The current situation is a complex, delicate and tangled series of events, involving the pandemic, long-term trends in the evolution of global industries and supply chains, as well as trade and politics,” writes Professor Benny Mantin from the Luxembourg Center for Logistics and Supply Chain Management (LCL).
Potential solutions do not seem to be lacking. Blockchain, for example, is touted as the answer to eliminating inefficiencies and lack of transparency, as well as benefiting the “invisible workers” of global commerce. More sophisticated technologies for exchanging complex data between supply chain participants can help identify quality issues and segregate suspect parts when issues arise, among other things.
LCL offers a Master in Logistics and Supply Chain Management that responds to industry challenges to keep our interconnected global economy running smoothly – academically, but deeply rooted in practice and responsive to the needs of the sector.
From the start, students in the program learn the leadership and analytical decision-making skills they need to excel as future supply chain and logistics managers. In addition to their lessons, teachers are always available to provide personalized advice and coaching. Peers, who come from all over the world, complement them with their ideas.
More benefits can be drawn from the cosmopolitan and interdisciplinary environment of the Faculty of Law, Economics and Finance of the University of Luxembourg, which is well connected to the logistics and supply chain management sector. supply of Luxembourg and the Greater Region, offering students the opportunity to build their personal networks.
“I came to the University of Luxembourg thanks to the Master in Logistics and Supply Chain Management”, shares You Wu, a graduate of the program from China. “The program is part of the MIT Global SCALE network, which is the world’s leading supply chain community.”
One of the advantages of being a member of this network includes a unique opportunity: to participate in the three-week MIT SCALE Connect conference organized by Massachusetts Institute of Technology (MIT), as part of the world leader MIT Master in Supply Chain Management, ranked No. 1 worldwide by Eduniversal. Apart from this, students can also learn from distinguished guest speakers from MIT and the SCALE network.
Anticipating the next trends and market challenges, the Logistics and Supply Chain Management program has launched a Digital supply track. Research has shown that 92% of companies have not chosen to halt their technology investments during the pandemic. This validates the value of a digital supply chain in helping organizations navigate disruptive forces. Given this, there has never been a better time for students to stand out with a unique combination of an academic background in operations management with the study of digitization and its impact on purchasing.
All the while, students get first-hand exposure to the industry. “The program has good industrial connections,” adds Wu. “Weekly research and industrial seminars are held to give students a better knowledge of cutting-edge technologies, as well as information about certain companies.” In addition, students work on their master’s thesis with an international organization headquartered in Luxembourg or with local companies. The proximity of the Kirchberg campus to the European institutions and the main industry players certainly contributes to this.
All of these connections help students build a network that makes it easier for them to find their next job. Graduates of the program now work with major companies in a number of sectors, including transport and logistics, biotechnology and pharmaceuticals, food and beverages, higher education, telecommunications, etc. Renowned names such as Amazon, Unilever, Ferrero and ExxonMobil are just a few of the many companies that have recruited LSCM graduates and partnered with LCL.
The program is the ideal springboard for recent graduates or young professionals who want to develop their career in logistics and supply chain, working professionals who want to improve their performance and career prospects, or even financiers and analysts who seek a better understanding of an industry. undergoing a profound paradigm shift. Every LCL student graduates with a deep awareness of how to meet the challenges facing industry – something that, in our time of struggle and conflict, the world desperately needs.
The University of Luxembourg is a fairly young institution as the LCL has just welcomed its fifth cohort of Master’s students in Logistics and Supply Chain Management. Yet the University’s international, progressive and research-driven outlook means that it has attracted the attention of some of the best institutions and organizations in the world. It is ranked #3 for international outlook in the Times Higher Education (THE) World University Rankings 2022.
Students can choose from a range of first cycle and postgraduate programs through 13 departments. The university is inherently multilingual; the programs are usually taught in two languages. Some, including the Master in Logistics and Supply Chain Management, are taught entirely in English.
At the same time, the university is known for maintaining an intimate atmosphere within its student community. Classes are small, allowing each student to form meaningful relationships and connections with the university’s network of 1,420 academic staff. At the University of Luxembourg, each professor, assistant professor and lecturer actively contributes to the research of their specialized programs, ensuring that what is taught in the courses remains up-to-date and relevant to their industry.
Apply for the Master in Logistics and Supply Chain Management here or visit its website for more information.
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