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5 Reasons To Pursue a Career in Supply Chain Management

People in supply chain really like their jobs…and are the opposite of bored.

Every phase of a product’s life cycle, from acquisition, distribution, allocation to delivery, falls under the supply chain umbrella. The list goes on and is rapidly evolving with the introduction of new technologies like blockchain and cloud computing. Your organization will rely on you to forecast where the market will go, make sure the right people are in the right place, ensure parts come in on time and to be quick-on-your-feet if they don’t. You are the priority-triaging guru, master of getting the job done. Your expertise and skills make everyone else’s roles possible, which can be incredibly rewarding.

The industry is growing, fast.

Supply chain opportunities are expanding from both ends, from global sourcing of goods to distribution, sales and fulfillment. The Bureau of Labor Statistics projects that supply chain jobs are on the rise at twice the rate of all other jobs in the US. But this isn’t just a domestic trend. Shortages of skilled professionals have been reported in Hong Kong, China and other Asian countries.

Pays Well $$$

Supply chain jobs are typically financially rewarding, the median pay in 2017 was $74,590.  Which is real close to the perfect salary for happiness, according to the famous Princeton study. (We hear it’s closer to $83,000 now, actually, but it’s fine keep reading…)

There is tons of room for career growth

Due to the highly structured and tiered nature of supply chain management, there are plenty of opportunities to advance for ambitious and driven people. In fact, CNN Money found that there’s an average of 25.5% career growth over 10 years for people in the industry. The trends indicate that you can advance as much as you want to.

Lots of options

Supply chains have a lot going on. Take a look at some of the varied roles available within the industry:

  Procurement Analyst
   Business Analyst
   Logistics Manager
  Purchasing Manager
  Distribution Manager
  Operations Research Analyst
  Supply Chain Manager
  Director of Operations
  Senior Consultant
  Project Manager
  Warehouse Operations
   Procurement Manager