Businesses today are trying to find every competitive advantage that they can. The unique challenges these businesses face require the aid of supply chain and operations management experts. Persons skilled in these areas provide important insights and understanding to small business owners and corporations on how to improve efficiency, effectiveness, and profitability in their current supply chains.
Supply chain management is a highly needed and up and coming field. The need for people with this knowledge will continue to increase as businesses find new ways to compete for the attention and purchases of consumers.
Overview of the Supply Chain and Operations Management Degree
In a supply chain and operations management degree, you will start with some general business administration classes. This will progress to more focused courses on subjects such as:
- Supply Chains and Vendor Relations
- Flow Charting
- Organizational Skills
- Project Planning
- Business Decision Making
There will likely be other courses which cover transportation issues, manufacturer agreements and relations, and production processes. This is aimed at giving you an overall understanding of how a product gets from a conceptual idea to a consumer.
Career Possibilities with this Degree
A degree in supply chain management will help you find jobs like these:
- logistics manager
- logistics consultant
- quality control manager
- cost estimator
- manufacturing manager
Logisticians are highly skilled and are able to work in all of these areas. They manage and coordinate the supply chain of several businesses to ensure a product moves smoothly from the manufacturer to the final customer.
Potential Annual Salaries
According to bls.gov, logisticians had an average annual salary of $70,800 in 2010. Candidates entering this field are expected to have at least a bachelor’s degree and this field’s employment is expected to grow 26 percent from 2010 to 2020.
Other potential occupations related to this degree had an average annual salary of $57,860 up to $87,160. A noteworthy occupation is the cost estimator which has an expected growth rate of 36 percent from 2010 to 2020.
There are three possible degrees within this field of study: a bachelor’s degree, a Master’s of Business Administration, and a doctorate or Ph.D.
The bachelor’s degree goes by different names such as:
- Supply Chain Management
- Operations Management
- Logistics Management
These degrees typically take four years to complete when courses are taken at a full-time student status. Many distance learning programs offer a supply chain management or internal logistics degree and can be completed at your own convenience from home.
The Master’s of Business Administration degree offers an emphasis or concentration on Supply Chain Management. These take one to two years to complete.
Some distance learning programs offer a doctorate of operations management degree. This will provide a highly focused, research centered program. This degree will allow you to teach and research at a post-secondary education level. This degree varies in length depending on the program and the commitment level of the student.
Types of Courses In This Degree
Getting a degree in supply chain and operations management will require you to take several business courses. These courses will include subjects like:
- Project Management
- Inventory Management
- Information and Operating Systems
- Supply Chain Management
- Business Operations Management
- Business Marketing
- Leadership in Business
These courses give you a well rounded knowledge of many business functions and how they all fit into a business’s supply chain. Individuals with such skills and knowledge are in high demand in today’s business world. You can get a degree in supply chain and operations management by starting a distance learning program today.