London School of Planning and Management How to get started in Supply Chain Management and Logistics Introduction
Have you ever wondered how the products you buy end up in your hands? There is a whole system of people and processes behind getting goods from manufacturers to consumers, and it’s called supply chain management (SCM). SCM is a growing field with immense career potential. In this blog post, we’ll explore what SCM is, the benefits of a career in SCM, and how to get started in this exciting field.
What is Supply Chain Management and Logistics.
The definition of Supply Chain Management and Logistics
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Supply chain management (SCM) is the process of planning, executing, and controlling the operations of the company and the resources needed to take a product or service from supplier to customer.
Logistics is a term used to describe the coordination of transportation, warehousing, and inventory management.
Both supply chain management and logistics are concerned with getting the right product to the right customer at the right time. They are both essential to businesses and play a vital role in ensuring that businesses run smoothly.
The history of Supply Chain Management and Logistics
The origins of supply chain management can be traced back to the early days of commerce when merchants would buy goods from suppliers and then sell them to customers. As businesses grew more complex, they began to develop systems for managing these relationships more effectively.
In the early 20th century, companies such as Ford Motor Company and Coca-Cola began using techniques that are now considered to be part of supply chain management. These companies started using assembly lines and standardized production processes, which helped them to increase efficiency and reduce costs.
During World War II, many companies were involved in war production and had to deal with logistical problems such as shortages of raw materials, transportation disruptions, and high demand for their products. After the war, these companies applied what they had learned about logistics to their civilian operations, which resulted in further advancements in supply chain management.
The benefits of a career in Supply Chain Management and Logistics.
Job security and growth potential
A career in supply chain management and logistics offers excellent job security and strong growth potential. The field is expected to grow by 7% from 2019 to 2029, according to the U.S. Bureau of Labor Statistics (BLS). That’s faster than the average for all occupations. And as global trade increases, so does the need for efficient supply chain managers and logisticians.
High salary and benefits
Supply chain management and logistics careers also come with high salaries and great benefits. The median annual salary for a supply chain manager was $74,750 in 2019, according to the BLS. And the top 10% of earners made more than $122,840 per year. Benefits can include health insurance, retirement plans, paid vacation days, and more.
Variety of career paths
There are many different types of jobs in supply chain management and logistics, so you can find a role that suits your skills and interests. Some positions may involve working with technology, others may focus on customer service or managing people, and still others may require knowledge of international trade laws or experience in transportation planning. No matter what your strengths are, there’s likely a role in supply chain management and logistics that’s a good fit for you.
How to get started in Supply Chain Management and Logistics.
The education and experience you need
To get started in a career in supply chain management and logistics, you will need at least a bachelor’s degree or an equivalent diploma in business or a Supply chain Management . However, many compani es prefer candidates with master’s degrees or higher levels of education and experience. In addition to your educational credentials, you will also need to have strong analytical, problem-solving, and interpersonal skills.
The best way to find a job in Supply Chain Management and Logistics
There are many ways to find a job in supply chain management and logistics. You can search online job boards, contact recruiters specializing in this field, or look for postings on company websites. Networking is also an important part of finding a job in this field, so be sure to connect with professionals in the industry through online forums and social media.
The top companies to work for in Supply Chain Management and Logistics
There are many great companies to work for in supply chain management and logistics. Some of the top employers include Amazon, UPS, FedEx, Walmart, Target, Apple, Microsoft, Google, and IBM. These companies offer competitive salaries and benefits packages as well as opportunities for career growth.
The demand for supply chain management and logistics professionals is expected to continue to grow in the coming years. Those interested in a career in this field should consider pursuing a degree or certification in supply chain management or logistics. There are many reputable education providers in the UK that offer great opportunities for those looking to enter the field, such as London School of Planning and Management , so be sure to do your research. With the right education and experience, you can have a successful and rewarding career in supply chain management and logistics.