Today’s Supply Chain Management Graduates Have Solid Future Ahead, Experts Say
Jobs in the supply chain have long suffered from a stigma of low-paying, blue collar work, according to SCM Talent Group president Rodney Apple. This misconception has led to a shortage of well-trained and highly qualified workers in the field. This meant that even during the recent severe recession, graduates in supply chain management still were able to get work after graduation.
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However, now that many reputable colleges and universities are opening supply chain management programs, both online and in their brick and mortar classrooms, more graduates are choosing the supply chain as a viable major of study.
In fact, 20 percent of all ThomasNet.com North American Scholarship recipients (6 out of 30 students) have chosen to major in supply chain management. According to Apple, these graduates are becoming increasingly important to the workforce.
The University of Washington now offers an online program called Master of Supply Chain Transportation and Logistics, which requires both engineering and business classes to train students in all aspects of supply chain management.
Rick Blasgen, CEO and president of The Council of Supply Chain Management Professionals, said there are a number of specific skill sets companies are looking for when hiring supply chain professionals. Among these are: analytical skills, math skills, problem solving abilities, reasoning abilities, the ability to take action with confidence, and the ability to influence others to change.
Blasgen said many large third-party logistics companies are expanding their supply chain practices, which is opening many new jobs to graduating supply chain management professionals with the right skills set. He mentioned Ernst & Young, Deloitte, and Pricewaterhouse.Coopers as examples of companies ready and willing to hire these graduates.
The starting salary for supply chain management graduates is between $40,000 and $60,000 per year, according to Glassdoor.com. Many job candidates are also offered significant bonuses to sign with the company. The median salary for all supply chain professionals is $65,250, and there are a number of overseas positions for the student interested in travel or working abroad. [/show_to]
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