In recent years, the face of business around the world has changed drastically. And with that, the scope of supply chain management has evolved. Many new fields have emerged in this area, like planning, sourcing, manufacturing, and delivering. There are several activities in the flow of goods and services – from purchasing raw materials to transforming them into final products.
With the growing opportunities in this domain, supply chain management certifications are also increasing. For instance, by pursuing the supply chain management course from IIM, you can acquire the relevant skills required to learn about the different fields. Moreover, this course provides you with a 360-degree comprehensive knowledge of all relevant SC concepts.
Until you decide to enrol in one, let’s try and understand the importance of supply chain management in a business. Let us also look at the high-paying jobs you can land after acquiring these skills.
Role of Supply Chain Management
One of the most essential fields of any business is its supply chain management. Whether you are a striving manager or a supply chain professional, a supply chain management course from IIM can help you understand and analyse the SCM issues in a firm. There are various benefits of having a supply chain manager in a company, some of which include:-
- Boost Customer Service
While buying a product, customers have some expectations from the quality and service of that product. They expect the correct products and quantities to be delivered at the right location and time. Moreover, customer satisfaction diminishes if they are not able to obtain quick after-sale services.
Having proper supply chain management ensures that all the fields of the SC are handled by people who know how to manage the tasks. This further helps the customers have a satisfactory buying experience with the company.
- Increases Profits
Supply chain managers effectively analyse and reduce the operating costs of the firm. These professionals ensure delivering the final products to the customers at minimised purchasing and production costs. They further save the expenses in effectively managing the inventory and avoiding any corrections in orders and supplies. Reduced overall costs of the firm result in increased profits for the business.
- Handles the Supply in Critical Situations
In situations like pandemics and natural disasters, supply chain managers have a crucial role in ensuring that necessities like medicine, cloth, and food reach the affected areas as early as possible. Any negligence at this point in supply chain management can cost many human lives. Therefore, it becomes vital for any business to ensure effective supply chain management at all times.
Lucrative Jobs in Supply Chain Management
There are several tasks involved in supply chain management. Here are some best jobs you can choose from for the start of a robust career.
- Supply Chain Manager
Supply chain managers are responsible for managing all the supply chain activities, namely planning, sourcing, production, distribution, and disposal. They make sure to achieve high efficiency while maintaining minimum costs. In addition, they evaluate supply chain schemes, recommend improvements for business growth and safety.
Skills essential to become a supply chain manager include:-
- Problem-Solving and leadership Skills
- Influencing and negotiation skills
- Customer Service Skills
- IT literacy
- Enterprise Resource Planning (ERP) Skills
- Logistics Manager
The logistics manager has the responsibility of overseeing the purchasing and distribution of products in the supply chain. Moreover, they facilitate business relationships with their clients and suppliers and supervise the logistics team’s tasks.
Some of the skills for the position of a logistics manager include:-
- Strong problem-solving Skills
- Organisational Skills
- Excellent leadership Skills
- Business Communication Skills
- Able to adapt to changes
- Procurement Manager
Everyday tasks of a procurement manager include overseeing the procedure for procuring raw materials. They assess the requirements of purchasing materials and negotiate deals with the suppliers. Furthermore, they are also responsible for hiring and managing the buying teams in the organisation.
Skills required to land the role of procurement manager include:-
- Decision-Making and leadership skills
- Ability to deliver to deadlines
- Negotiation skills to obtain the best price
- Strong project management skills
- Knowledge of Procurement Software
- Production Manager
Production managers have a crucial role in monitoring the production process and increasing the efficiency of the manufacturing equipment. In addition, they are responsible for maintaining the set quality of products while manufacturing.
Acquiring the below-mentioned skills from a supply chain management certification can come in handy to become a production manager.
- Leadership and motivational skills
- Technical skills to deal with various technological programs
- Excellent problem-solving and communication skills
- A results-driven strategy for work
- Teamwork that makes the dream work
- Distribution Manager
The task of the distribution manager is to keep a check on the distribution of goods. They ensure that the correct goods are delivered to the right locations. Moreover, they are responsible for planning the routes for distribution carriers. They also promote the growth of the business by gaining new clients and contracts.
The skills required to become a distribution manager include:-
- Time management skills
- Excellent Communication Skills
- Problem-solving and decision-making skills
- Negotiation skills
- Ability to manage change
- Quality Manager
Quality managers, also known as quality assurance managers, ensure that the quality of the company’s goods and services meet the set standards. They monitor, produce, report, and advise on the quality management of the products and services. Moreover, they are responsible for reviewing the customer requirements and ensuring that they are fulfilled.
Skills required to effectively handle the internal and external quality requirements of a product include:-
- Attention to detail
- Numerical skills
- Communication and interpersonal skills
- Ability to lubricate changes
- Ability to motivate and influence a team
Are You Ready to Land a Productive Job For Yourself?
Evidently, a supply chain management certification can help you grab several lucrative career options. Ranging from procurement, production, quality to distribution, these job options provide high compensation and benefits.
Accredited online SCM courses can help you acquire skills by working on real-life supply chain problems. The supply chain management course from IIM is the best course in supply chain management to help you grab a high-paying job in this field. So, what are you waiting for? Enrol yourself TODAY!