What Is Supply Chain Logistics Management?
Supply chain logistics management systems improve the way businesses find and use raw materials to provide services or to make and deliver products. Find out more about supply chain logistics management education and careers below. Schools offering Global Operations & Supply Chain Management degrees can also be found in these popular choices.
Supply Chain Management: An Overview
A company's supply chain consists of everyone involved in production, from the raw materials sources to delivery to the consumer. A supply chain logistics management operation allows the company to track defective products or components through the entire supply chain and ensure customer satisfaction with delivered products or services. Optimal management in this area ensures cost-effectiveness by combining strategic, tactical and operational functions of a company.
Individuals interested in pursuing a career in this field may want to consider acquiring a bachelor's or master's degree in supply chain management, logistics management or business logistics. Through such programs, students can learn how to identify problems in physical flows or information flows through the supply chain and generate solutions using the latest technology. Courses in these programs often cover topics such as logistics, control systems, inventory planning and supply chain relationships.
Many companies in manufacturing and logistics industries seek individuals with knowledge of supply chain logistics management who have strong leadership, communication and project management skills. Job titles in supply chain logistics management can include logistics manager, supply chain analyst, production manager or supply chain manager.
In September 2014, PayScale.com reported the following annual salary ranges for the majority of those working in these occupations:
- Logistics manager: $38,327-$97,006
- Supply chain analyst: $40,063-$77,819
- Production Manager: $38,618-$94,722
- Supply Chain Manager: $50,730-$122,789
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