Supply chain management refers to the process of moving raw materials from their source to the customer in the form of finished products. This involves using resources such as distribution, inventory and labour efficiently. As growth in the retail industry advances, there is an exponential increase in the demand for professional supply chain and logistics managers.
What’s in it for students wanting to explore a career in Supply Chain Management?
Careers in supply chain management typically do not follow a standard path. Rather, students have the opportunity to pursue a wide range of career options determined by their skill, aptitude and personal choice. The opportunities for growth and nature of work also depend to a large extent on the type and size of the organization and its geographic scope. Jobs in supply chain management include the following areas:
- Logistics and transportation
- Procurement and vendor management
- Inventory management
- Technology-related roles
Besides broad based business skills, students should also be well acquainted with supply chain processes and have some practical work experience.
Fresh entrants typically begin working as management trainees, analysts or front line supervisors and move to more responsible positions depending on their performance. Having a flexible approach is essential to succeed in this field as the work involves interacting with people from various departments throughout the company such as manufacturing, marketing and logistics. Career opportunities in supply chain management can be found in diverse organizations ranging from manufacturing and retail companies to specialists in supply chain like consulting companies, transport providers and the third party logistics industry, courier and freight companies.
Students graduating in supply chain from Future Innoversity have the added advantage of leveraging our association with Future Group. This is accomplished in the practical training they receive through visits to retail establishments, transport hubs and warehouses. Along with our innovative approaches towards all round individual development, this translates into excellent prospects for a career in supply chain management.