Supply chain management has a huge spectrum of job roles under its umbrella. There are various job roles and functioning areas, including operations, planning, purchasing, warehousing, distribution, and logistics.
Below are a few of the many career paths when you do an MS in supply chain management.
1. Apply as a purchasing manager
If you are a person who is good at negotiating, data analysis, and decision making. You can pursue a career in purchasing management, as purchasing manager you are responsible for buying the best equipment, supplies, and services for the company at competitive costs. This position requires the ability to process purchasing innovatively and efficiently to plan and direct the activities of buyers and officers involved in purchasing processes.
A purchasing manager plays a significant role in an organization’s success, therefore earns a lucrative average salary of around 25-30 lakh-INR per annum, while pursuing this profession you will find yourself in an engaging, interactive, and rewarding position.
2. Work as a logistics manager
As a logistic manager, your main focus will be on Coordination and organization. They are mostly involved in the international coordination of freight and inventory management to satisfy the customers while minimizing the risk and optimizing availability.
Their day-to-day operations include managing a company’s purchasing, distribution, customer service, and as well as managing the personnel and systems involved in daily logistics.
An MS program in supply chain management will provide key insights about, Transportation and Logistics, Planning and Production, providing the skills to succeed within the plan and process facilitation of this job.
Oil and gas extraction is one of the highest paying industries for logistics managers, giving an annual salary of more than $150k.
3. Work as operation manager
After completing your master’s in the supply chain you can prefer to be an operations manager. You will have more interactions within the overall operations of an organization.
As a manager, you coordinate activities dealing with production, pricing, sales, and distribution.
As an MS in Supply Chain Management, your developed communication skills help you to excel in working across multiple departments and teams, resulting in more efficiency. Operations managers can also put in efforts to work in reviewing performance data and identifying areas that need cost reductions or process improvements.
According to the Bureau of Labor Statistics, the average salary for an operations manager is more than $100K.
4. Industry options
As a master’s in supply chain management, you always have the privilege of choosing from various job domains relating to within the field of logistics, operations, and professionals can pursue a specialization in the sub-sectors like wholesaling warehousing, and postal services.
Places of employment also can differ from big corporations, small businesses, not-for-profit organizations, or federal government entities.
Conclusion-
Supply Chain Management is a broad field that provides a diverse range of opportunities at the top ranks in a company.
An MS in supply chain management prepares graduates for career options within multiple business fields thanks to its huge selection of applications.
If you already work in a supply chain job and you are interested in directing your career into logistics, procurement, and the like, an MS degree in supply chain management will help you speed up in a short period of time with specialized skills.
