Supply chain management is an area of business that centers on the production, distribution, and transportation of products. This field is primarily concerned with the logistics behind manufacturing products and getting them to market. Earning a degree in supply chain management can open up the door to a range of different business-focused careers in various industries.
There are several types of master’s degrees in the field of supply chain management, including Master of Business Administration (MBA), Master of Science, and Master of Engineering degrees. Despite the difference in name, all these degree types have a similar focus on supply chain management.
Supply Chain Management Degree
First, to understand what types of jobs you can pursue after earning a supply chain master’s degree, you need to understand what kind of subjects you study in a program of this kind. Typically, students are required to take around 30 credits of coursework. Although curriculums vary by university, you may take courses that center on:
- Project Management
- Data Analysis
- Distribution Fulfillment
- Logistic Systems
- Pricing Tactics
- Customer Analytics
- Global Supply Chains
- Contracting and Procurement
Along with coursework, you might also get the opportunity to complete an internship where you can gain valuable professional experience that will help you land the perfect job. Master’s programs in supply chain management also usually require that you complete a thesis or final project that consists of a long paper based on research you conduct.
Supply Chain Management Jobs
Below, you can find just a few examples of the kind of jobs you will be ready for after you earn a master’s degree in supply chain management. All of these positions have unique job duties and all pay well.
Operations Research Analyst
Operations research analysts function as the brain of an organization where they identify problems and come up with solutions that work. Your exact duties in this type of position depending on the type of business you work within. You may work with a food company where you must come up with pricing strategies, source ingredients, and solve transportation issues.
As an operations research analyst, you will use statistical software, simulations, and data analysis to solve the issue before you.
According to the US Bureau of Labor Statistics (BLS), which tracks salary information in the country, operations research analysts earned a median salary of $84,810 in 2019.
A logistician is a supply chain expert who is responsible for all the logistics of a business or organization. In this role, you shepherd a product from design to market, which means you must source and allocate supplies, complete inventories, plan transportation, and manage people. Logistician work in a wide variety of industries, including in manufacturing, wholesale trade, and even in government.
The BLS has reported that logisticians made a median salary of $74,750 in 2019.
Supply Chain Manager
Supply chain managers are one of the most important positions in any organization, as they are responsible for coordinating and overseeing a whole host of different areas. As a supply chain manager, you will be responsible for determining what your company needs and how to fulfill those needs.
You will plan what equipment, labor, and materials are needed. You might also oversee inventory, choose transportation routes, and analyze all supply chain processes.
With a big job comes and a big salary, and O*NET OnLine, which is a website that provides occupational information, reports that, in 2019, supply chain managers earned a salary of $110,630.
Purchasing managers are in charge of buying all of the services, products, and materials that a company needs to operate. Their exact job duties include finding suppliers, negotiating contracts, and getting the best deal they can. They must also conduct research into products their company needs, manage budgets, and create procurement policies.
Purchasing managers work in many industries, and in 2019, those in this position made a median salary of $69,600, according to the BLS.
Storage and Distribution Manager
A storage and distribution manager focuses on the warehouse side of supply chains. In this position, you mostly oversee warehouse workers, ensure worker and warehouse safety, and manage vehicles and equipment needed for disturbing materials. You also must keep track of all materials, supplies, and inventory within your warehouse or warehouses and ensure that they get where they need to be in a timely, safe manner.
According to O*NET OnLine, storage and distribution managers made a nice median salary of $94,560 in 2019.