Is Supply Chain a Good Career Path?
If you are interested in a flexible career with great pay, consider a career in supply chain management. This career field focuses on four main pillars: procurement, production, and inventory management. While supply chain professionals usually specialize in one of these areas, they will need to understand the entire process. To get started in your new career, read the following information. Then, you may want to consider pursuing a degree in supply chain management as a career choice.
Supply chain management is a good career path.
If you’re interested in improving business processes, you may want to consider a career in supply chain management. While supply chains can differ between industries, they are fundamental to any business, from manufacturing to retail. Regardless of your interest, you’ll find plenty of job opportunities in this field. There are four main pillars of supply chain management. Developing foundational knowledge in these areas will help you determine which one is right for you.
A logistics career path can begin as a small warehouse or transport operation manager and may progress to regional, group, or executive management roles. Eventually, you may even be running a nationwide logistics network. Finally, of course, only the most successful logistics professionals progress to the CEO level. Despite the wide range of career options, many young supply chain professionals consider the work exciting and interesting.
A survey of young supply chain professionals found that 60% of their work was fascinating. While supply chains are a significant part of the American economy, they expand rapidly. As a result, there are many career opportunities in this field, and new supply chains are being created each day. There are five significant areas in the supply chain, and you can begin to research them by doing your research and completing an internship. If you feel that you’ve found a job you’re interested in, you should pursue it.
While supply chain management isn’t a field that requires years of experience, it does require a basic understanding of supply chain principles. Luckily, entry-level supply chain jobs are available, so you don’t have to wait to get your feet wet. Instead, you’ll be well on your way to a successful supply chain career by building your supply chain skills. And once you’re on the right track, you’ll be well-positioned to take on leadership roles and grow in the field.
It requires a bachelor’s degree.
While supply chain managers are often hired with just a bachelor’s degree, those who want a higher-level role should consider earning a master’s degree. A master’s degree in business administration can provide the foundational knowledge needed to enter a supply chain management role and allow specialization in supply chain management.
Graduate schools may also require additional requirements, including an undergraduate GPA that meets admissions standards, work experience, and letters of recommendation. Many supply chain graduate schools are located at top-tier universities.
A bachelor’s degree in the supply chain is the most common educational requirement for this career. Many supply chain programs focus on accounting, business, or engineering.
To qualify, applicants must have at least three years of relevant work experience and a Bachelor’s degree. In addition to a Bachelor’s degree, candidates should have at least a year of work experience in their specialty area to qualify for admission. Several certifications are available in this field, and many employers require applicants to have at least two years of experience before applying for them.
A Bachelor of Applied Science in Supply Chain Management program focuses on core business administration courses. He enables graduates to develop essential business skills, such as teamwork, communication, and problem-solving. In addition, a supply chain degree program often features a capstone experience, in which students complete a final project that awards them the same credit as core classes.
However, these programs vary widely. It is important to remember that supply chain management is a field that is rapidly growing and considered a hot job track.
In addition to a bachelor’s degree, a supply chain management certification can help you prepare for a career in supply chain management without a four-year degree. Some schools even give credit for supply chain management certification classes. A supply chain management certification is an excellent alternative to a bachelor’s degree and can be earned online or on-campus in one to two years. In addition, certifications typically cost less than a bachelor’s degree.
It’s a flexible career path.
Supply Chain is an excellent choice for people who like a challenge and want a career that offers a diverse range of responsibilities. In addition to being an extremely flexible career path, supply chain professionals are often rewarded with excellent salary prospects. This field is particularly appealing to those with a background in manufacturing or logistics. The eCommerce boom creates numerous opportunities for logistics professionals to move up through the ranks and advance in their careers.
A career in Supply Chain is highly flexible. There are many different opportunities available, and most companies have different requirements. The size and scope of a company will influence whether they are an excellent fit for the supply chain role that interests you. Typically, large corporations will start with a functional area of the supply chain and will have the resources to help employees progress. Smaller companies may have fewer resources and therefore offer fewer career advancement opportunities.
Because Supply Chain touches so many departments, it is easy for people from different backgrounds to gain an entry-level role in this dynamic field. Many of these professionals have a business background and can leverage their skills to establish a career in Supply Chain. Developing hybrid skills like project management and data analytics can help set you apart from other supply chain professionals. Adding this knowledge to your existing skills can help accelerate your growth and success.
If you are interested in a career in Supply Chain, you may want to look into the various offered certifications. For example, the Supply Chain Management Association (SCMA) offers professional accreditation.
This shows potential employers that you’ve met industry standards and is proficient in best supply chain practices. Once you have completed the certification process, you should update your resume with your updated skills. Once you’re hired, the supply chain is a great career option for many people.
It pays well
While the recession has left many jobs unfilled, supply chain careers still pay well. In fact, according to the ASCM, the gender pay gap has decreased, with women earning an average salary of $81,000 compared with men’s median salary of $79,000. In addition, supply chain organizations are willing to pay well to reach diversity goals. However, fewer than half of these organizations publicly report their efforts to improve the diversity of their workforce.
Despite the high salaries of supply chain jobs, there are many advantages to becoming one. This career field has a wide range of opportunities for advancement, and salaries can rise significantly. According to CNN Money, career growth for supply chain workers can be as much as 25 percent. With so many benefits and a high salary, supply chain careers are a lucrative and fulfilling way to make a living. And, because of the nature of the industry, supply chain careers can be lucrative as well.
The industry is also open to those looking for jobs in the logistics sector. One-third of respondents reported finding employment in less than one month. The number of job openings in the supply chain is nearly 20 percent higher than the total number of open positions in other fields. In addition, supply chain professionals can choose between a minimum wage position and a six-figure salary. However, supply chain professionals should remember that this job market is snowballing.
In addition to the pay potential, the supply chain industry is highly sought-after, so it’s no wonder why people are interested in this career. Salaries are competitive with other fields and industries. Those with a bachelor’s degree in supply chain management earn a median salary of $78,750 – nearly two-thirds higher than the national average. The ASCM salary report also reveals that the career outlook for supply chain professionals is bright as the industry grows and there is no shortage of jobs for the right talent.
It requires a strong resume.
If you want a job in the supply chain, you must create a strong resume. It should include a summary of your skills, accompanied by five to ten bullet points, and should be tailored to the job you are applying for. Ideally, your resume will highlight your breadth of experience while maintaining an appropriate balance between specialization and leadership. Likewise, it should be customized to the level you are applying for within the company.
Supply chain management jobs require a unique set of skills that hiring managers are looking for. It is crucial to highlight these skills on your resume, as they can help you land your dream job. Below are some of the essential supply chain skills that your resume should include and how to highlight them. All of these skills will help you land the interview. You can use this tool to analyze the job requirements and craft a resume highlighting them.
Your resume template should show off your organizational skills. For instance, the supply chain manager resume template highlights a clean organizational sense while making it easy for hiring managers to locate critical details. It explains how you analyze daily inventories and waste output, create standard cost lists, and predict materials costs based on performance metrics. In addition to highlighting your work experience, your resume template should highlight your academic qualifications and your ability to learn and improve.
Your resume should also be formatted in reverse chronological order. The reverse chronological order resume lends the most excellent credibility to your accomplishments. Employers and recruiters prefer reverse chronological order resume to show your latest position first. Include dates in both Month/Year and percentages or dollar amounts. Ensure your achievements and show them were made possible by your team. This is the best way to get an interview!