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Keeping Up With the Demand for Supply Chain Management

By University Alliance
Keeping Up With the Demand for Supply Chain Management

Recent circumstances have made supply chain management (SCM) an in-demand field. First, economic conditions both at home and abroad are requiring businesses to improve efficiencies and cut costs in order to remain competitive. And in many industries, significant opportunities for growth exist only in emerging markets, thus making their supply chains more complicated.

Since advanced supply chain management is considered by many to be one of the best ways to improve profitability, the demand for talent in this area is growing. But many firms find they are lacking in supply chain talent, just as their needs are growing.

A Growing Lack of Supply Chain Talent

Particularly in emerging markets, many companies face a gap between the need for supply chain expertise and the pool of qualified SCM professionals. Individuals with proven skills are often recruited into higher positions; while a lack of training and education leaves few qualified candidates for the jobs that are left behind.

As a result, many firms are failing to meet the demand for their products and services. As they watch their customers seek out alternative sources, some are forced to scale back or even discontinue operations. It’s clear that talented supply chain managers are crucial to the growth and profitability of countless companies of all sizes, in all industries, around the globe.

What Traits Make a Good Supply Chain Manager?

Most employers agree that a core set of skills is essential for success in supply chain management. In addition to creativity, big-picture thinking and cultural awareness, employers tend to look for the following:

  • Analytical Skills – The ability to analyze data, recognize trends and spot problem areas.
  • Communication Skills – Transferring information in a timely and understandable manner, to a wide-ranging audience.
  • Leadership Ability – Building a strong team, both in house and with outside partners, to achieve the company’s goals.
  • Quantitative Skills – Applying mathematical skills to solve real-world problems.
  • Resource Development – Finding and developing partnerships with vendors, manufacturers and suppliers, to fill a variety of needs.

Individuals with these skills are well matched for the demands and rewards of a supply chain management career. They just need the right educational program to get started in this field.

Supply Chain Management Education and Training

For aspiring supply chain professionals, now is the time to begin laying the groundwork that can lead to new opportunities. Step one toward a supply chain management job is getting the proper education. While qualifications will vary according to the industry and employer, most supply chain management positions will require at least a bachelor’s degree in business, engineering or a related field. Employers will typically assess a candidate’s work experience and industry certifications, as well.

Qualifying for senior-level supply chain management positions often requires established skills that come with extensive experience or an advanced degree. Many employers will show preference to candidates with a Master’s in Supply Chain Management, because of the proven techniques and broad base of knowledge this program provides, including:

  • Improving supply chain operational efficiencies.
  • Understanding and applying supply chain analytics.
  • Mastering principles of demand forecasting, aggregate planning and project management.
  • Recognizing, evaluating and managing risk in the supply chain.
  • Applying supply chain initiatives to improve financial performance.

Getting your foot in the door with an entry-level SCM position and then enrolling in a master’s degree program is possible. Some employers offer tuition-assistance programs to employees who wish to advance their educations.

What Other Qualifications Do Employers Seek?

Some employers will require candidates to hold supply chain management certifications. These professional credentials demonstrate a high level of skill in crucial areas of supply chain management. One well-known industry certification is the SC ProTM certification from the Council of Supply Chain Management Professionals (CSCMP)TM. A master’s degree program in supply chain management can help prepare you for industry certification exams.

Earn Your Master’s Degree in Supply Chain Management Online from Florida Tech

Now you can earn a Master of Science in Supply Chain Management degree 100% online from Florida Tech University Online. Enrolling in the MS in Supply Chain Management program can enhance your career possibilities, by providing a strong foundation in the key tools and techniques that today’s employers need to fill supply chain management positions.

Learning from Florida Tech’s distinguished experts is more convenient than ever for busy professionals, who can take advantage of the program’s online courses. With online instruction, you maintain complete control over your class schedule, so it fits into your work and home life. If you’re thinking about the opportunities presented by a high demand for supply chain management professionals, you owe it to yourself to learn more about Florida Tech’s Master of Science in Supply Chain Management Program, offered 100% online.

You Can Help Fill the Demand for Supply Chain Management Professionals

In light of increased competition, a complex global marketplace and increasing opportunities, companies worldwide will be adding to their talent pipelines for supply chain management positions. If you possess the attributes needed to succeed in this field, then why not plan to get the education that will impress employers and give you an edge over the competition? Check out Florida Tech’s Master of Science in Supply Chain Management, and position yourself for a successful career.

Category: Supply Chain Management