Supply Chain Management

ABOUT CAREERS

Are you interested in finding out more about the national system of distribution for products and services? Do you enjoy working outside? If so, supply chain management is a profession you should think about pursuing.Managing the flow of products and services from the time raw materials are purchased until they are delivered to the final consumer is the main goal of supply chain management. It is a sequence of organized activities that aids in the timely and appropriate delivery of the correct product at the right location. The interconnected network of people, producers, suppliers, distributors, technologies, and procedures is known as a supply chain.Example: From manufacture to international distribution, the apparel company Zara is regarded as having one of the most organized and structured supply chains.

Roles and Responsibilities

  • Confer with supply chain planners: Forecast demand or create supply plans to ensure the availability of materials or products.
  • Define performance metrics: Measure, compare, or evaluate supply chain factors, such as product cost or quality.
  • Analyze inventories: Determine how to increase inventory turns, reduce waste, or optimize customer service.
  • Develop procedures for coordination: Coordinate supply chain management with other functional areas such as sales, marketing, finance, production, or quality assurance.
  • Negotiate prices and terms: Engage with suppliers, vendors, or freight forwarders.
  • Implement new or improved supply chain processes: Enhance existing processes or introduce new methods.
  • Manage activities related to: Strategic or tactical purchasing, material requirements planning, inventory control, warehousing, etc.
  • Develop or implement procedures: Create systems to evaluate or select suppliers.

Salary and Demand

  • Demand is High for Supply Chain Management professionals.
  • Salary levels are Medium for Supply Chain Management roles.
  • For freshers, the average salary is 3 to 4 Lakhs.
  • Fees levels are Low for the Supply Chain Management course.
  • To pursue this course, students need to spend less than 2 Lakhs.
  • The level of preparation for Supply Chain Management is Medium.
  • Students spend about 1 year preparing for the entrance test of Supply Chain Management.

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