Back in October, the Center for Integrated Risk Management and Corporate Governance co-sponsored the first of two seminars (pictured above) dedicated to the topic, "supply chain risk." Recently, the Graduate School of Business also announced the introduction of a Master of Science in Supply Chain Management program, which will debut in the fall of 2012.

The Graduate School of Business has found another way to be on the cutting edge of management, with the new Master of Science in Supply Chain Management program debuting fall of 2012.

Maciek Nowak, director of the supply chain management program and professor in the Graduate School of Business, says supply chain management is a quickly growing field with a need for educated professionals.

“In the last 10 years, there has been a push to professionalize supply chain management,” he says. “Given that Chicago is this really international supply chain hub, there was really a need for educating these professionals.”

The program, which consists of 14 to 18 courses, will address how to work with all different parts of a supply chain, including synchronizing various partners, coordinating complex purchasing contracts, and coordinating multiple transportation modes. On a daily basis, Nowak points out that people could be a materials manager, bringing in the raw materials from around the world, or a transportation manager, who ensures that goods efficiently make their way from facilities to distribution, in addition to many other roles.

In addition, Nowak points out that there will be an emphasis on the ethics behind supply chain management.

Nowak asks, “In terms of working with foreign suppliers, when we are sourcing our product, in emerging economies, are we taking advantage of the people there? How do we keep that from happening? How do we make sure that we are not [negatively] leaving a mark environmentally?”

The program is also only one of two supply chain management programs in the Chicagoland area and the only Association to Advance Collegiate Schools of Business (AACSB) accredited program in the state of Illinois. Nowak says he is excited to be on the cutting edge of a new career field and is excited to give Loyola students the chance to get on board early.

“I think being in Chicago and being in this very vibrant hub of supply chain activity, there are so many opportunities for jobs, for developing a strong career in supply chain in this community,” he says. “Having a specialized degree can open so many doors here in Chicago, as well as nationally and abroad.”

To find out more about the program, visit the program website here.