Supply Chain Management

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Supply Chain Management

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SUPPLY CHAIN MANAGEMENT
  • Supply chain management is the field that ensures that services and goods get into the hands of the customers. The logistics industry acts as a driver of economic development and growth.
EDUCATIONAL REQUIREMENTS
  • Bachelor’s Degree- For entry-level jobs or to work in supply chain management and logistics field.
  • Master’s Degree- Some companies may require a master’s degree or a professional degree for promotion to mid-level and senior-level positions. However, it depends on the level of responsibility.

Most degree programs and courses offer internship opportunities. It is an easy way to get the first-hand experience.

POPULAR PROGRAMS
Particular Details
Associates Associates in Logistics/Supply Chain Management Programs
Bachelors Bachelors in Project Management Programs
Bachelors in Logistics/Supply Chain Management Programs
Bachelors in Operations Management Programs
Masters Masters in Industrial Engineering Programs
Masters in Operations Management Programs
MBA in Project Management Programs
Masters in Project Management Programs
Masters in Logistics/Supply Chain Management Programs
Doctoral Ph.D. in Project Management Programs
DBA in Logistics/Supply Chain Management Programs
Certificates Certificates in Logistics and Related Fields

Economics, accounting, statistics, and business law are some common courses to add-on the most specified supply chain management and logistics material. Professionals are required to have adequate knowledge of several software programs related to SCM.

CAREER OPPORTUNITIES WITH SUPPLY CHAIN MANAGEMENT

Please note the job title may change/vary depending on the geographical location, size of the company, etc.

Project Manager: Professionals responsible for leading the teams of consultants in the daily management of clients’ relation. They work closely with consultants to ensure that the project is executed as per the plans within the time and cost mentioned.

Industry Analyst: They interview candidates in manufacturing, logistics, inventory, procurement and warehousing roles to establish business processes and other supply chain requirements of a company.

Logistics Manager: They manage a huge range of functions that include distribution and warehouse, predicting, planning, customer service, logistics information systems, and buying. They negotiate and contact with carriers and suppliers, create supply chain metrix and strategies, and supervise routine management of the logistic functions.

Supply Chain Sales: They sell supply-related services and outsource work to the third-party vendors along with logistic solutions to the targeted customers in certain industries. The functions of this job role focus on both account and sales management.

Transportation Directors: They are accountable for managing both the outbound and inbound transportation of materials and final products from the distribution center. They oversee carriers, transportation budgeting and costs, freight bill representation and third-party transport providers. These professionals negotiate contracts and ensure cargo transgresses borders effectively and smoothly.

Supply Chain Consultants: Now, many logistics firms work with foreign distribution centers. You, as professional work as a consultant and manage a wide range of companies and provide useful tips and strategies on how to coordinate certain processes.

Purchasing Managers/Procurement Analyst: They work on analyzing the past cost or historical data for materials, predicting future costs and checking out the prospective vendors. This is an important role as you have to identify suppliers of raw materials, negotiate contracts and manage suppliers.

Apart from this, you can kick-start your career in the following fields of supply chain management:
  • General Management
  • Project Management
  • Small Business Management
  • Operations Management
AVERAGE EMOLUMENTS

As per the reports of the PayScale.com, supply chain professionals earn an average annual salary of $81,000 in August 2019. According to this website, most supply chain managers and other professionals of this field may earn between $52,000 and $116,000.
According to the US Bureau of Labor Statistics, the employment in supply chain management is anticipated to grow up to 7% from 2016 to 2026. This growth will demand more well-trained and well-informed professionals to fulfill the needs of this sector.

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