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The supply chain management (SCM) function is at the heart of business operations for those entities that provide goods to consumers or business customers. SCM includes all of the activities related to moving raw materials and finished goods among storage facilities, manufacturing plants, distribution hubs, retail establishments and end use customers. Without the efforts of skilled supply chain managers, many consumers could see empty store shelves for critical items like food, and business customers could experience temporary shortages of necessary resources like fuel. Supply chain managers cannot control negative economic changes that impact supply and demand of goods, but they can perform effective risk management exercises that help them to avoid or lessen the impact of those fluctuations upon the organizations in which they serve. Here are some examples of SCM careers, the education and training that is needed to contribute to the career field and career development opportunities for supply chain managers.
Specialized SCM Careers
Entry level supply chain professionals often begin their careers as supply chain analysts. These analysts collect and evaluate data to identify weak links in the supply chain and suggest possible process improvements. They use a variety of specialized logistical software tools to monitor supply chain performance and generate reports in support of a wide range of stakeholders. These business professionals understand applicable regulations regarding tariffs, transport of goods and contracts. They also possess strong analytical and quantitative skills. Another career path for supply chain managers is that of the purchasing manager. These SCM practitioners identify sources of needed supplies, conduct source selections, coordinate negotiations of contract agreement terms and conditions and monitor contract performance. Purchasing managers are usually mid level supply chain professionals who possess strong written communication, cost analysis and interpersonal skills.
Education and Training for Supply Chain Managers
Aspiring SCM professionals usually pursue undergraduate degrees in business administration as a first step towards entry into this career field. In the past, business students could choose among concentrations in operations management, finance or economics to become supply chain managers. However, highly specialize undergraduate and graduate degree programs allow today’s students to directly major in SCM or logistics. Students who want to pursue career opportunities with multinational companies even have the option to earn business degrees in Global SCM.
Related: What is a Masters in Business Logistics?
Professional Development and Certifications
Continuing education is critical to the success of supply chain managers, and this type of training is even more beneficial when it culminates in professional certification. The Certified Professional in Supply Management that is administered by the Institute for Supply Management and the Certificate in Production and Inventory Management that is offered by the Association for Operations Management are two credentials that are recognized by industry experts to help boost careers and job opportunities in SCM. Attending symposiums, conferences and networking functions that focus on SCM is also valuable for career development, and the Council of Supply Chain Management Professionals is a beneficial resource that connects SCM practitioners with these events.
Conclusion
Despite the trendy, grass roots movement that promotes self reliant and sustainable living, modern societies are increasingly dependent on food, beverages, clothing and other consumable goods that are found in their local stores. Most people do not have the time, skills or real estate to produce these items themselves when they can get the goods conveniently and relatively inexpensively at nearby stores. When properly applied, the tenets of supply chain management allow stores to keep critical goods in adequate supply and at affordable prices.
