What is supply chain management? It is the acquisition, storage and movement of inventory, raw materials plus finished goods. Proper management of suppliers is essential for the overall success of any business. The way a company sources and distributes its inventory and raw materials always has an impact on its bottom-line. This is why most companies are now hiring people who have acquired a degree in supply chain management.
This job requires people who can work with local as well as foreign markets so as to produce the best results. Firms are constantly looking for highly trained and qualified staff to carry out the supply functions. Those who are qualified will therefore discover that their career opportunities are limitless. Supply chain management degree programs are ideal for people interested in obtaining supply chain management certification for enhancing their careers in business, government, nonprofit, or military settings. These graduates are able to compete quite competitively for the lucrative jobs available in the market. This page has details on the programs, where they can be found, career prospects, and more.
What do supply chain management degree programs cover?
Those who undertake this degree are later employed by firms to provide the appropriate skills and knowledge in the supplies department. During the training, certain skills are imparted including written and verbal communication skills, aptitude for technology, analytical skills, team work and professionalism. This enables the graduates to deal with policy making, product development, planning and formulate management strategies.
This is a wide course and covers various modules. They include strategic alliances, negotiations, price/cost analysis, logistics, supply chain optimization, and legal aspects of supply chains. Inventory, internet technology, economics and contract management are also covered. Other courses may include computer systems, marketing, contract analysis and finance. This gives the graduate a strong background in business and finance.
What are the prospects in the supply chain management field?
Due to the continuous growth and expansion of businesses those who have attained a relevant degree will always be in great demand. Those who complete this course successfully have a wide range of jobs in supply chain management to choose from including: contract negotiator, purchasing manager, inventory manager or materials manager. One can also become a supplier relations specialist, transportation manager, commodity manager or operations manager among other posts. Such jobs focus on e-commerce, benchmarking, technology, recycling, customer relations and warehousing.
The supply chain management careers outlook is bright. This is a field that is growing and will continue to grow as long as new businesses continue to be opened and as long as companies continue to grow, merge and expand. Each of these businesses requires highly qualified staff to handle materials and supplies, and to meet with business executives to make essential contract decisions and also the project the company’s future needs. They also have to negotiate so as to get materials of highest quality at reasonable prices. So, this is a growing field that is here to stay and those who undertake this course have a bright career ahead. The prospects of working both locally and internationally are also very high.
The supply chain management salary may vary from one company to the other. The salary may also depend on experience, company size, the industry, job responsibilities, operating budget and business climate. Purchasing agents may earn about $58,000 annually on the average. Purchasing managers could earn about $95,000 with the highest wage reaching about $150,000 annually. It is therefore clear that this is a lucrative field.
List of schools and programs
Earn Your Degree from U.S. News & World Report-Ranked Florida Tech – 100% Online
Grounded in a tradition of excellence since 1958, a degree from Florida Tech puts you in good company. With a longstanding reputation of unmatched academics, Florida Tech has educated NASA scientists, CEOs of Fortune 500 companies and highly decorated military generals. Join distinguished alumni and empower yourself with a career-building degree that employers value.
- Master of Science in Supply Chain Management
- MBA Project Management
- Business Administration with Emphasis in Supply Chain Management B.S.
- Business Logistics A.A.S.
Keiser University offers accredited degree programs in today's in demand careers: Healthcare, Technology, Paralegal, Business, Nursing and Legal Studies.
- Bachelor of Arts in Business Administration with a concentration in Transportation and Logistics
Capella combines outstanding academics with a supportive faculty and staff in a program designed for working adults.
An education that blends theory and practice to fuel your career
- DBA - Global Operations and Supply Chain Management (ACBSP-accredited)
- MBA - Global Operations and Supply Chain Management (ACBSP-accredited)
- DBA - Project Management: Business
- And more...
Further your education at Rasmussen College.Choose from seven schools of study including programs in business, nursing, technology, and more. You could earn your bachelor’s degree in as little as 18 months and help advance your career through our AcceleratED program.
- Supply Chain Management Bachelor's
Brandman University, part of the prestigious 150-year-old Chapman University system is a private, non-profit regionally accredited university that offers a high quality education for non-traditional adult students.
At Brandman University, students can choose from over 50 undergraduate, graduate, credential and certificate programs in Arts and Sciences, Business and Professional Studies, Education and Nursing and Health professions.
- BA in Applied Studies - Supply Chain Systems
- BA in Organizational Leadership - Supply Chain Systems
- BBA in Business Administration - Supply Chain Systems
As the largest private university in North America, University of Phoenix has locations nationwide, and is available online in most countries around the world. Whether you're seeking a college degree at an associate's, bachelor's, master's, or doctoral level, we can help you reach your academic goal and sooner than you might think.
- BS in Business/Integrated Supply Chain and Operations Mgmt
DeVry University provides quality education that employers respect, and is accredited by The Higher Learning Commission of the North Central Association (ncahlc.org), the same organization that accredits many other well-known public and private schools.
- Bachelor's - Business Administration - Operations Management
- Bachelor's - Business Administration - Project Management
We at University of Roehampton, London Online provide engaging online environment, developed in partnership with Laureate International Universities - a global network of high-quality, innovative, accredited institutions of higher education - combines the benefits of networking with a diverse community of like-minded students and faculty from around the world with the academic rigor of a UK masters degree programme.
- MSc in Strategic Supply Chain Mgmt
- MSc in Project Management