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
Ready to jump in to a career in supply chain management? Check out the UW Foster School of Business Master of Supply Chain Management Program.