We’ve now covered the basics of supply chain management MBAs. Let’s see what you can do when you have one.
Master’s degrees in business administration prepare students to take on a variety of roles as managers, analysts, or entrepreneurs.
Supply chain management MBAs offer additional courses depending on which program is chosen.
- Enterprise Resource Planning
- Global Trade
- Inventory Management
- Risk Management
- Sales & Operations Planning
- Sourcing & Procurement
- Optimizing the Supply Chain
This combination of experience and graduate courses can prepare graduates to manage in any of the areas mentioned.
Also, check out the Executive MBA course by Top College in Mumbai.
Most likely, however, supply chain management courses such as the one above will be used in conjunction with a supply manager. These are some of the most popular supply chain management positions:
- Industry Analyst
- Project Manager
- Global Logistics Manager
- Director Transportation
- Supply Chain Sales
- Consultant for Supply Chain
- Analyst/Purchasing Manager
- Warehousing Manager
Research on primary and secondary markets is performed by industry analysts. Analysts in this position work for third-party consultants who prepare research about how to purchase, deploy, or use specific products. This role can be used in many fields, including manufacturing, IT, and agriculture.
Industry analysts make an average of $70,000 per year. This number can fluctuate depending on their industry.
Managers of project teams are responsible for managing smaller teams that work on specific projects. Projects that a supply chain manager might be responsible for include timely distribution, process improvements in manufacturing settings, analytic or key logistic recommendations, monitoring compliance throughout a product’s lifecycle, and monitoring compliance.
Although project managers typically have a bachelor’s degree in management, many supply chain managers hold master’s degrees. These include a master of supply chain management, or a supply management MBA. Nearly half of all supply chain managers have master’s degrees. At $140,000 per year, the average salary of supply chain project managers is higher than that of general project managers.
Global logistics managers typically focus on one aspect of supply chain management: international logistics. Global logistics management is crucial for corporations that source and delivers products abroad.
As a global logistic manager, your tasks may include overseeing the management of international and regional logistics operations, as well as the establishment of national procurement and logistics protocols and protocols. You may also be responsible for monitoring trends specific to each region that could affect international shipping and distribution.
Global logistics managers can lead small or large teams depending on their organization’s global logistics requirements. Global logistics managers earn an average of $80,000. In some cases, this salary can nearly double.
Operations managers depend on a lot of knowledge in supply chain management. Many supply chain-focused MBAs are also known as operations MBAs. Operations managers manage day-to-day operations across a range of settings.
Operations managers may have to make high-level decisions about HR, such as attracting and keeping top talent, making strategic and policy decisions, analyzing and implementing fixes, filing regulatory and legal documents, and building partnerships and alliances with other organizations.
They are a crucial part of many companies’ operations managers. In many cases, chief operating officers (COOs) are second in command to the CEO.
Operations managers are a highly valued job. They make on average $95,434, and this number increases dramatically with each rank they attain within their organization.
Organizations that provide significant logistical support, such as trucking, rail freight, and air shipping, often employ transportation directors. Transportation directors are responsible for analyzing, researching, and implementing improvements to an organization’s transportation network in relation to procurement and distribution.
Transportation directors make an average salary of $95,130. However, this can vary depending on how large the company you work for.
The supply chain sales manager role fulfills the second part of the sales and operations continuum. The supply chain sales manager is responsible for fulfilling orders and acting as a link between sales and supply chain operations. This crucial intersection is essential for larger businesses as it can lead to inefficiencies and the inability to fulfill customers’ orders.
A supply chain manager is a different type of sales manager that assists companies who provide a supply network to another organization. The supply chain sales manager refers to a sales manager who must have a deep understanding of the supply chain in relation to sales.
The current average salary for supply-chain sales managers is $108,706, but this can change depending on your seniority.
Supply chain consultants are often independent contractors or part of a larger consultancy. These subject matter experts offer a “set of eyes” to help other businesses with their supply chain solutions. Supply chain consultants who are the most highly paid often own their own businesses, and they are also among the highest-paid of all supply-chain-related positions. All supply chain consultants earn an average of $95,000 per year.
The final position for which supply chain management MBAs prepare graduates is that of purchasing agent or procurement analyst. This role has a range of responsibilities, including the inspection and testing of vendor products, the communicating company needs to vendors, negotiating with vendors, documenting costs, and creating reports. The average salary of procurement analysts in the United States ranges from $73, 424 to $73, 424. However, this can increase with higher managerial positions.
Managers of warehouse management focus on a previously unexplored area of supply chain management. Optimization can take place after manufacturing and procurement but before distribution and fulfillment. Everything you have is likely in a warehouse at this point. It can be very important to know how your product is transported from the warehouse to the warehouse.
Managers in warehousing are employed in many industries, including aerospace, general manufacturing, e-commerce, and retail. A warehousing manager’s average salary is $81,303. This number can climb to $100,000 for more senior positions.
Distribution is only one aspect of supply chain management. Customer service is another area of supply chain management. Supply chain management is a key component of industries that deal with returns, trade-ins, and repairs as well as goods returning to consumers. This area of supply chain management can also be important for sectors that ship many different items to different customers. Many large e-commerce businesses have branches that are dedicated to handling returns and deliveries.
Customer service managers make an average of $89,660 per year. The top 10% earn more than this.
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