Is a degree in supply chain management worth it ?

Definitely, a degree in Supply chain management very demand-able.
Fortunately there are some outlier industries that are still growing and hunting for fresh, new talent to develop. As far as degrees go, engineering, accounting, and nursing remain old standbys, but colleges are also rising to meet the needs of an expanding market for graduates in supply chain management (SCM).
if you’re interested in business, thinking creatively and strategically, and looking for degree with great career potential, check out these reasons to put SCM on your list:
Less competition
Supply chain management is an industry on the rise with positions all over the world that need to be filled. According to the Georgia Center of Innovation for Logistics, the logistics industry is projected to create more than 1 million jobs over the next four years and only 75,000 students will be graduating with related degrees to fill those positions. In fact, every year hundreds of thousands of supply chain jobs go unfilled due to a lack of qualified applicants. The University of North Texas’ logistics degree program even boasts a 100% job placement rate.
Good pay
Salaries for those in SCM range from starting pay at 45k to 60k upwards of 200k for directors and executives. In the current job market, many recent college graduates struggle to even find full-time, benefitted work related to their field of interest – landing a solid pay-check and opportunities for professional development right off the bat is increasingly rare.
The degree is applicable in more than one industry
Critical thinking is a skill valuable anywhere, not to mention the ability to be innovative, strategic and creative. Not only does SCM touch on manufacturing, transportation and trucking, warehouse management, and shipping and delivery, it has an even broader purview of job prospects. Deloitte LLP, the largest international employer of accountants, recruits SCM graduates to consult manufacturing and logistics companies. Purchasing departments at everything from the Department of Defense to FEMA need professionals who understand logistics. The key is having a firm understanding of your skills and to know how to sell yourself in any industry, because there is a way with SCM.
It is becoming more relevant, not less
Complex supply chains are the norm today, and more oversight is needed than ever before to find logistic solutions to get a product to its final destination efficiently and cost-effectively. Globalization and internet store-fronts have transformed some of the most basic parts of the supply chain. Chronicled is the first company to leverage IoT, AI, and Blockchain technologies to power end-to-end smart supply chain solutions.Stiff competition and a move toward sustainability have created a need for innovative management more than ever before. While a lot of traditional manufacturing and trade jobs are disappearing in America, supply chain managers are in high demand.
It is a college-to-career degree
There are a number of great SCM programs all over the nation, either stand-alone or incorporated into MBA degrees, that are all focused on training students how to a do a specific job after graduation. While broader degrees in humanities or business or science have value, a degree in SCM has a clear career path beyond graduation, which allows college professors and advisors to teach students the most relevant and helpful information for their post-graduation life. Moreover, many of these programs have industry contacts and recruiters who work with them to aid students in networking and job searching.

Comments

Post a Comment

Popular posts from this blog

The future of supply chain and logistics

The future of supply chain and logistics, in my view, revolves around several key trends, including the last mile, drones, and self-driving trucks. These trends at the intersection of technology and logistics evolve out of a long history of innovation. In fact, i nnovation in transportation  has helped to shape our world in powerful ways. In 1869, Leland Stanford drove the Golden Spike into the ground in Utah, creating the first coast-to-coast railroad. In 1956, Malcolm McLain refitted an oil tanker to carry 58 shipping containers from Newark to Houston. Both of these breakthroughs helped the US to build a world-class infrastructure and lead the global economy. Today, we are in the early stages of a powerful technology disruption that will reshape our world in even more significant ways. How will drones shift freight patterns? Will self-driving trucks take over the roads? Can 3-D printers enable companies to compress their supply chains? Will “the Amazon effect” spark a new ...
Read more

Musharraf pressured me to read statement on nuclear proliferation, claims Dr Qadeer

Image
LAHORE:  In a letter written to the Lahore High Court chief justice, the pioneer of Pakistan’s nuclear programme Dr Abdul Qadeer Khan claimed that former president General (retd) Pervez Musharraf, under the influence of the United States, had pressured on him to read a statement written by him [Musharraf] on the television. According to Dr Qadeer, Musharraf had promised him that the nuclear scientist would be restored after a few days of the speech but Musharraf did not abide by his promise. Former prime minister Chaudhry Shujaat Hussain and lawyer SM Zafar were also witnesses in this matter, he added. Following no response from the provincial chief justice Sardar Shamim Ahmed Khan, Dr Qadeer filed a writ petition in the Lahore High Court requesting to allow him to move freely and appear in-person in a case already pending at the court, restraining the security officials from creating any hindrance in doing so. Dr AQ Khan makes plea for free movement A lawyers’ delegatio...
Read more

Sustainable Earth – science, policy, society

Image
Earth Day’ was first celebrated in 1970 and gave voice to many concerns about the global environment. Scientists played a major role in drawing attention to our impact on the planet and millions marched in response. Across the world nations, cities, businesses and communities began to address environmental issues. The 1970s and 80s saw the rise of environmental science, environmental protection agencies, environmental policy and environmental assessment with the worst pollution of air, water and land being addressed. But deeper issues about our consumption of energy, materials, food and forests began to surface and serious questions were asked about global limits and the pursuit of single-minded economic development. Should we stop economic growth? What about the 1 billion people in extreme poverty? The UN’s World Commission on Environment and Development in 1987 resolved this issue in theory by creating the idea of ‘sustainable development’. This suggested that we could grow ec...
Read more