What you Can Do with a Supply Chain Management Degree

Business is one of the enormous fields; some career paths are better comprehended than others. If you’re not interested in becoming a CEO at some esteemed firm and want some job satisfaction – here is when supply chain management comes in. 

Before beginning your career, there are thousands of questions that pop up in your mind like; what does a supply chain management career demand? What can you do with an SCM degree? And what is the salary of a supply chain manager?

The good news is that you’ll find numerous supply chain management jobs out there. In this article, we’ll discuss the various supply chain management career paths that you might want to pursue. Have a look.

What is Supply Chain Management?

Before getting to know about the distinctive supply chain management careers, let’s discuss what SCM is. In simple words, supply chain management is also known as logistics. It is related to the production, distribution, and shipment of the products. Everything ranging from inventory to sales comes under this category. 

Supply chain management professionals work closely with clients and customers. Therefore, they need to make sure that everything is completed on time within a given budget. However, the duties and responsibilities of every individual working in supply chain management vary depending on the position. 

Jobs in Supply Chain Management

How can you acquire hands-on training and practical knowledge to launch a supply chain management career? The best answer is – get formal education. 

This article will discuss the different supply chain management jobs that you can familiarize yourself with and quickly pursue a career in this direction. 

Purchasing Agent

This is an entry-level supply chain management job. The responsibilities of a purchasing agent include buying equipment, services, or parts required for the operation or manufacturing setup. Other than this, preparing purchase orders, review demands, and soliciting bid proposals are also some of the responsibilities of a purchasing agent. The average salary of a purchasing agent is approximately $64,380, which increases annually depending on the job position. 

Operations Manager

With a median annual salary of $100,780, an operations manager’s job ranks among the best. They are responsible for the operations of private and public organizations. They also coordinate the activities that deal with pricing, sales, production, and distribution of products. Moreover, the operation manager also reviews performance data to analyze productivity and recognize areas that require cost reduction. 

Logistic Analyst

The job duty of a logistic analyst includes analyzing the supply chain processes to recognize and commend optimizations and improvements. They also uphold databases that organize and compile the logistics data. Moreover, they provide ongoing analyses in parts procurements, backorders, transportation costs, and delivery processes. The annual salary of a logistic analyst is $74,700, which can be enough for a beginner. 

Supply Chain Manager

The Supply chain manager directs and manages supply chain processes to improve accuracy, limit costs, safety, and customer services. They are responsible for monitoring forecasts and identifying changes to analyze their effect on the supply chain actions. 

They also represent the companies in settling and bargaining, formulating policies and contracts with numerous suppliers. They interview the staff and train the existing employees for the company’s success. The average salary of a supply chain manager is $110,630 – enough pretty annual income, right?

Purchasing Manager

Purchasing manager usually directs and plans the activities of purchasing officers, buyers, and other individuals involved in buying products, materials, and services. They represent the companies to negotiate contracts and form policies with numerous suppliers. The average salary is $121,110 – which makes it among the highest paid ones in this category. 

Logistics Manager

Logistics managers play a significant role in this field. They help in coordinating an organization’s distribution, customer service, planning efforts, and forecasting. Along with this, they are also tasked with managing personnel and systems included in daily logistics operations.

Conclusion

So, if you are thinking of what to do with a supply chain management degree, this article is the answer. Supply chain management graduates can choose any of the above career paths depending on their skills and interests. So, no matter what supply chain management career path you choose, every career path can lead you towards success – all you need to do is work hard and consistently.

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