Get the detailed overview of what is supply chain management goal. “Globalization has opened up more competition, leading to increased supply chain requirements,” Dr. Kalina-Kaminsky explains. Supply Chain Management (SCM) consists of a set of approaches to efficiently integrate the flow of materials, finances, and information from suppliers, manufacturers, wholesalers, distributors, retailers to the final customer, and back again. Rather the major challenge is to deliver What is Supply Chain Management: Is it a Good Field for Me? The W. P. Carey business degree in supply chain management develops skills and expertise critical to the success of companies across industries and around the world. Supply Chain Management 2 Supply Chain Management – Advantages In this era of globalization where companies compete to provide the best quality products to the customers and satisfy all their demands, supply chain management plays a very important role. Personally, I’d look at what careers the graduates from each university go to, what doors each university opens, and how that contributes to your overall career objectives. Other job titles The US retailer stocks products made in 70 different countries, operates more than 11,000 stores and manages an epic $32 billion of inventory. 6 years that’s great do you hold some kind of degree for it? I work in supply chain (production scheduling) and find it somewhat interesting. Starting salary should be about 50-60k, New comments cannot be posted and votes cannot be cast, More posts from the careerguidance community. Supply Chain Management (SCM) majors oversee the business’ supply chain processes. Just a supply chain degree might be enough for you, that job market is still great for just a single major, but if you have the skills/interest in something it will only help you find a niche job. How is the job outlook? Supply Chain Websites Best List. What can you do with a major in operations and supply chain management? Patel says a typical path includes beginning as an expeditor, then advancing to become a buyer and moving upward from there. You should have an aptitude for math, problem solving, analytics. WSU is a little cheaper but also the campus experience is very different. Let’s get started. It takes an efficient distribution system for the final product to reach the shelves of your favorite store so you can buy it. 1 Burning-Glass.com (analysis of 41,896 supply chain management degree job … I worked in supply chain for 6 years and really enjoyed it. Supply chain management deals with major issues such as the growth of multinational corporations, partnerships, global brand expansion, and outsourcing. A company creates a network of suppliers (“links” in the chain) that move the product along from the suppliers of raw materials to those organizations that deal directly with users. i will present to the day to day working of a supply chain professional.you can then decide for your self. Commonly expected Technical Supply Chain Interview Questions 3. What is Supply Chain Management? It is. Supply chain management involves overseeing aspects of the supply chain. These majors will set you up nicely if you see yourself working in the technology, operations, or manufacturing side of business. 2. Keep up with supply chain consulting, supply chain solutions, supply chain planning, supply chain management blog, global supply chain, supply chain analysis, supply chain technology by following top supply chain sites. You may not have heard of supply chain management before, but that’s only because new advancements in industries are opening up new jobs that are high in demand. The major I am looking to do is supply chain management. You can use that knowledge in many ways, since you’ll know all … I was wondering if anyone from the school or any alumni can speak on it. If you like, yes. Instead, supply chain managers need to understand the major issues impacting supply chains around the world and create strong reporting and management plans to resolve issues quickly. Because of their importance in fields as diverse as manufacturing, healthcare, and information technology, supply chains are … Is it worth pursuing? I can only speak from my experience in the workplace. There is a good variability in what I do every day, and ranges from very fine detail to very top level. A supply chain is a network of interconnected businesses. With the shifting of business focus from manufacturing to customer value, companies are not much concerned about manufacturing costs or producing high-quality products. One of the common threads found throughout all supply chain management careers is that it’s largely focused on quantifiable figures. What I mean is that some people were numbers and finance people, while others were more right brained and into creative problem solving etc. Let’s get started. Logisticians oversee important phases of a product's life, including allocation, distribution, and delivery. It takes an efficient distribution system for the final product to reach the shelves of your favorite store so you can buy it. Wayne State students also get invited to the MSU Supply Chain Career fair. In fact, we used real-time job analysis software to examine more than 50,000 supply chain job postings and 79 percent of positions called for a bachelor’s degree. Feel free to email the supply chain faculty to ask questions too or even DM the student org GSCMA. It’s one of the Top 25 GSC programs in the nation, though that may only be for the MBA Concentration, I could be wrong. A degree in SCM trains graduates in the areas of logistics, product development, sourcing, and production. If you’re ready to start pursuing your perfect supply chain management career, visit our Supply Chain and Logistics Management degree page for more information. It's probably better to think of schools moreso in tiers. Given a fixed network, how do I determine optima… Press J to jump to the feed. In the US, two major supply chain centroids have been defined, one near Dayton, Ohio, and a … Supply chain activities involve the transformation of natural resources, raw materials, and components into a finished product that is delivered to the end customer. Big sexy companies generally don’t pay as much because people will work for them anyways just to be associated with them. 1 The curriculum you’ll encounter in a Supply Chain and Logistics Management degree program will prepare you to help organizations find efficiencies and direct the flow of goods from supplier to consumer. For example, according to the BLS, logisticians earned a median salary of $74,600 in 2018, roughly $36,000 more than the median pay for all other occupations. Answer “Dislike” if you tell yourself “Ugh… Sounds boring” or “I’m not sure” Also feel free to DM me if you have any other questions. If you're at all interested in supply chain, I encourage you to pursue it. I think it really depends on your priorities as you can get great opportunities both places. Supply chain positions are open because the subject has yet to emerge in the majority of business schools. Walmart is no small fish in the supply chain and logistics industry. A good portion of your job as Supply Chain Professional goes into … After reading the OP again, I assumed that the OP meant the latter. If any of those get you excited, economics and finance might be a good double major combination. [] Supply chain management involves overseeing aspects of the supply chain. It really depends on what you want in your career life. Supply chain management involves planning and the execution of processes that enable the flow of goods and services, inventory management, logistics, storage, transportation and risk management - all of which enable business success. In terms of Wayne State’s program, If you really enjoy Detroit , want to grow your network in SE Michigan, and have a real interest in the automotive/healthcare supply chain industry? Any skills I should learn to get into supply chain? Supply Chain Management (SCM) consists of a set of approaches to efficiently integrate the flow of materials, finances, and information from suppliers, manufacturers, wholesalers, distributors, retailers to the final customer, and back again.Supply chain management involves coordinating and integrating these flows both within and among companies. Good supply chain management keeps companies out of the headlines and away from expensive recalls and lawsuits. FIU's 120-credit online bachelor of business administration allows students to major in logistics and supply chain management. Supply chain management: the Walmart way. Supply chain management deals with major issues such as the growth of multinational corporations, partnerships, global brand expansion, and outsourcing. Personalized Interview Questions for Supply Chain Professionals Fresher’s, early-mid experience Executive, as well as Supply Chain Managers. sorry i know this thread is really old but what field did you switch into from sc? Yes. Types There are three different What is Supply Chain Management: Is it a Good Field for Me? If you’re willing to move and work for a not-so-sexy company you can make very good money out of college. A place to discuss career options, to ask questions and give advice! From the above graphic, Apple Supply chain management purpose is to fulfill the demand, drive customer value, improve responsiveness, facilitate financial success and build a good network. Ready to make over $70K/yr. Economics and supply chain management. Accounting and supply chain differ in all kind of way. From what I've heard is Wayne actually has a really good supply chain program. Supply chain and logistics management programs train students to procure, plan, and monitor the movement of goods, supplies, and services. Then I’d do Wayne State. Thanks to the demand for supply chain managers across industries, these professionals often command high salaries. To achieve the seamless flow of goods, businesses hire supply chain management professionals to oversee the various aspects of the distribution process. Some of my favorite professors are professors in the Supply Chain program. Press J to jump to the feed. Much of this will be down to predicting problems before they happen, building robust contracts and relying on strong relationship management, collaboration and prioritization to minimize the impact. A place to post links and stories relating to events and happenings in and around Wayne State University. Because a supply chain has so many moving pieces, working in supply chain management absolutely involves some degree of cross-functionality. The major I am looking to do is supply chain management. Double majored in SCM and HRM, I enjoy the work but make sure you find a good company. There is a good variability in what I do every day, and ranges from very fine detail to very top level. In commerce, a supply chain is a system of organizations, people, activities, information, and resources involved in supplying a product or service to a consumer. That is starting to change as supply chain management, a once sleepy subject that used to be the sole domain of MBA students and master’s programs, is becoming a popular, sought-after major on undergraduate campuses. Supply Chain Planning at Apple Inc is the classic example of the New Product Development Process (NPD). Coordinating all the order processing activities that originate at the customer level, such as the process of order generation, order acceptance, entry into order processing system, prioritization, production, and material forecast. I work in supply chain (production scheduling) and find it somewhat interesting. I like supply chain since it more broader. "Supply Chain" is a field that is rapidly growing with a huge amount of opportunity. A supply chain is a network of interconnected businesses. In this career quiz, there are 10 questions that will give you a pretty good perspective on whether the career of a Supply Chain Manager is right for you. Clarkson’s Global Supply Chain Management program is ranked one of the nation’s top 20 Supply Chain Management … The use of Excel Tips & Tricks forms a major part of this daily picture. Supply chain management is the handling of the entire production flow of a good or service — starting from the raw components all the way to delivering the final product to the consumer. Hello all, I'm a senior in high school that will potentially attend Wayne. Supply chain management is an umbrella term that includes many different positions. Accounting is more about numbers and figures. Also what position names should I look for in supply chain? But in this day and age it is almost so generic as to say "business" is a field people would go into. Supply chain management is the management of the flow of goods and services as well as overseeing the processes that convert original materials into final products. A major in operations and supply chain management. Press question mark to learn the rest of the keyboard shortcuts. Marquette's graduates go on to work as logistics planners, distribution managers, production planners, buyers, supply chain analysts and inventory managers. To learn more about common admission requirements and coursework in logistics and supply chain management … All the companies are highly dependent on effective supply chain process. Supply chain management is the integrated process-oriented planning and control of the flow of goods, information and money across the entire value and supply chain from the customer to the raw material supplier. Supply Chain Websites Best List. You can definitely make a good living out of it. This includes a major in Global Supply Chain Management. 2. So I'm basically just wondering if it's worth going into a bunch of debt and going to MSU or WMU for supply chain, or not as much debt and coming to Wayne. The university offers over 60 undergraduate and graduate programs. The nice thing about supply chain is that there are a lot of different things you can do, different avenues to take. There are 3 answers to each question: Dislike, Okay and Like. Ready to make over $70K/yr. Also, I found that there were many different varieties of people and personalities who worked in supply chain, so the diversity is really nice. I got accepted into Michigan State as well as Western, and I know that their supply chain programs are supposedly some of the best. Press question mark to learn the rest of the keyboard shortcuts. Entry level is cool with me if it would lead to advancement. For supply chain management, a centroid is a location with a high proportion of a country's population and a high proportion of its manufacturing, generally within 500 mi (805 km). Delivering products to their destinations and customers — that’s the role of an effective supply chain. Get the detailed overview of what is supply chain The good news from that is, ASU has one of the best supply chain management programs and is ahead of the pack. Why Choose Supply Chain Management. Does it pay well? In the US, two major supply chain centroids have. I was wondering if anyone from the school or any alumni can speak on it. You should also be a people person in that you will often need to work with people to solve problems. I have a degree in marketing that I’m not using and looking to find a new career. Supply chain management (SCM) enables enterprises to source the raw materials or components needed to create a product or service and deliver that product or service to customers. Computer information systems and supply chain management Computer information systems adds value to any business degree. Operations and supply chain management major careers and jobs. And the money is good too, like you mentioned. Today’s supply chains function as a result of extensive research into how a supply chain behaves, its chief concerns, successful risk management, diverse markets, widespread collaboration, and technological advances.However, current supply chains fall victim to the problems of inefficiencies, inexcusable rigidity, and failure to recognize the growing demands of consumers. Knowledge-based Supply Chain Interview Questions and Answers, which will turn out to be extremely helpful. Im not quite sure why you would want to (trust me, my Wife is in Finance and I am in Supply Chain, so I have a direct comparitor, and Finance is much more stable and lucrative) - but the two do have some complimentary elements. What is Supply Chain Management? As a supply chain management major, you might be surprised with how much your salary might vary depending on the industry you choose to work in. From what I've heard is Wayne actually has a really good supply chain program. I'm considering a career in supply chain, however I don't think I am interested in management : I noticed that Supply Chain Planners and Analysts also appear to have good job outlook and salaries, therefore I am interested in learning more about the two fields. MSU will give you your more traditional college campus experience. As a logistician, you are focused on achieving a systematic delivery of products and services. 2. Each business contributes one aspect of the chain, from production to the procurement of raw materials to the transportation of materials to the manufacturing process to the consumer market to the final act of consumption. I think technical skills, critical thinking, attention to detail are key here. Supply chain management is data driven. If you have more specific questions feel free to DM me. I studied industrial logistics, which includes technical overviews over different branches (automotive, steel), supply chain management and IT-specific subjects. Supply Chain Management 6 Supply chain management can be defined as a systematic flow of materials, goods, and related information among suppliers, companies, retailers, and consumers. Is supply chain management a good field for recent grads? As a result, there are now increased demands that can’t be met by the existing older workforce. You think more jobs would be created in the future and it won’t be dying out right? Thanks to anyone that reads. Supply chain management purpose is to fulfill the demand, drive customer value, improve responsiveness, facilitate financial success and build a good network. If you look at the U.S. News methods for ranking programs, it is largely based on reputation among business school deans so I wouldn't give the exact number much weight. Program Features. Supply chain management is the oversight of the flow of goods and services––a simple definition for a complex system. The first one was a modest affair, attracting 112 students and 20 companies. I don’t want to do accounting it’s so boring. … I hold a History degree, and most of my coworkers did not get degrees in supply chain, so I think you can get a job, at least one like mine, with or without a supply chain degree. Sadly they both will cost me a lot of money, and as I can commute to Wayne it would be much cheaper. Keep up with supply chain consulting, supply chain solutions, supply chain planning, supply chain management blog, global supply chain, supply chain analysis, supply chain technology by following top supply chain sites. The annual supply chain management department’s Meet & Greet event at Rutgers Business School was launched five years ago as a way to connect undergraduate supply chain management majors with potential employers in the field. So, let’s get started … It is working with tons of data and using lots of software, so if you are good with that you will do well. However, if you are a professional in supply chain management, then you should know the Excel Tips & Tricks mentioned in this blog. If the second set of options are what's being presented, then I can understand the OP's concerns. To achieve the seamless flow of goods, businesses hire supply chain management professionals to oversee the various aspects of the distribution process. When a business has an effective supply chain management, it has a competitive advantage in its industry that allows you to decrease the inherent risks when you’re buying raw materials and selling products or services. You can get that at WSU but you need to work a little harder because many students commute. There are many different benefits of supply chain management. It is working with tons of data and using There are 3 answers to each question: Dislike, Okay and Like. 3. Key 7 Advantages and Benefits of Supply Chain Management. You're not just stuck doing one thing only if you don't want. If you pick logistics as your major, you’ll get in-depth understanding of the supply chain. 2. This field is very data and process driven, according to Kathleen Ivanca, strategic account executive for Vizient, a … A supply chain consists of various activities that create and distribute all types of products and services to … Feel free to message me if you have any For example, if you were to work in the transportation industry, you might only make $58,255 annually, but you could make $80,402 in … Some questions that are commonly evaluated as a part of this process are: 1. upon graduation & over $100K by age 30 (& change the world)? Do you feel like the curriculum is preparing/prepared you well? Supply Chains A supply chain … I have friends from WSU who have went to Tesla, Google, The CIA, GM, Ford, FCA, Toyota, Rivian, Beaumont, Henry Ford Health, Countless Automotive Suppliers, Startups and so many more. How did you find an in to this job with a history degree. We would suggest you to read this blog because this blog gives an insight of the following: 1. The demand for logistics is currently at an all-time high, so if you hope to find steady, high-paying work, this might be the career for you. For supply chain management, a centroid is a location with a high proportion of a country's population and a high proportion of its manufacturing, generally within 500 mi (805 km). upon graduation & over $100K by age 30 (& change the world)? In this career quiz, there are 10 questions that will give you a pretty good perspective on whether the career of a Supply Chain Manager is right for you. Supply chain network design is the process of building and modeling a supply chain to better understand the costs and time associated with bringing goods to market with the resources and locations available. MSU has also been hit harder by COVID than WSU overall. I sadly can’t speak much for MSU as I’m not super familiar but can say that Wayne State’s program is what you make of it and will probably be, like you said, less pricey. Supply chain management deals with three issues: 1. How do I design my supply chain network to deliver the required service at the lowest possible cost? The top 25 is for the MBA, but it's a very good program for undergrad too. What is Supply Chain Management? I keep hearing mix feelings about supply chain is it worth pursuing is even a good degree can you really have a good income from it. =D. I’ve heard it’s a great career with a lot of growth but i don’t know how to get started. The concept of supply chain management is not new but it has become increasingly important for the last few years. 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