The supply chain has been relevant ever since the inception of the first business, and getting it right can play a significant role in the making or downfall of any company. With the advancement in businesses and the introduction of e-Commerce, the industry has undergone rapid transformations while becoming the backbone of the world economy.
If you are interested in becoming a supply chain manager, you must first understand supply chain management and what it takes to become an efficient manager.
Supply Chain and Supply Chain Management
The entire process of procuring and supplying raw materials, manufacturing, distributing, and selling of commercial goods comprises the supply chain. Every function in the supply chain is crucial for an effective output, and that’s where the importance of efficient supply chain management comes into the picture.
An efficient supply management system aims to deliver fast, drive customer value, create a good network, improve responsiveness, and effectively manage cash flows and allocation of resources, among other financial matters.
Supply Chain Manager: Role & Skills Required
As the supply chain is an integral part of every sector, skilled supply chain managers are always in demand. Supply chain managers can take up a variety of jobs in an organisation, such as:
- Logistics/Distribution Manager
- Operational Researcher/Manager
- Warehouse Manager
- Production Manager
- Retail Merchandiser
- Purchasing Agent/Manager
The average salary of a supply chain manager is around ₹8,50,000 per annum.
Essential skills for a Supply Chain Manager are:
- Interpersonal skills including the ability to network, collaborate, manage relationships, and a good understanding of global or cross-cultural aspects while dealing with people.
- Business acumen such as effective leadership, a visionary, customer-oriented approach, and good project and people management skills.
- Awareness about the business operating models for outsourcing, e-commerce, third-party manufacturing on contract, etc.
- Technological grasp and understanding of concepts such as Data Analytics, Artificial Intelligence, Robotics, the Internet of Things, and advanced supply chain management systems.
How to Kick-Start Your Career as a Supply Chain Manager?
After HSC, you can opt for a Bachelor’s degree in a relevant field. Several colleges now offer a BBA in Logistics and Supply Chain Management that helps in setting a good foundation for you. Post this, a Master’s degree or an MBA in Supply Chain Management is best if you are looking for better opportunities and a fulfilling career in this field. Even if you are already into supply chain management after graduation, opting for a higher degree to acquire supply chain skills can offer you better job prospects.
Apart from offline mode, many universities and colleges now offer specialised online supply chain courses. NMIMS Global Access School for Continuing Education also offers a distance MBA in Supply Chain Management and an Executive MBA in Operations and Supply Chain.
The Final Word
If you are planning a career in Supply Chain Management, getting a relevant degree, preferably a Master’s Degree, is crucial. If you’re a working professional, pursuing a Distance MBA is a great option to consider to boost your career in the long run.
