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5 Reasons Why You Should Stop Playing and Get A Supply Chain Management Degree.

Why get a supply chain management degree?  Everywhere you turn supply chain is in the news.  COVID brought supply chain to the forefront and now the backlog at shipping ports is making supply chain front page news once again.  Companies like Apple, Amazon, and Walmart have known the importance of supply chain for many years.    Just watch the news and this quote rings truer than ever before – Without supply chain the world stops.  Get involved with SCM and have a great career.

A degree in supply chain management can be beneficial for a number of reasons. Some potential benefits of getting a supply chain management degree include:

  1. Career opportunities: A degree in supply chain management can open up a range of career opportunities in a variety of industries. Companies in many different sectors, including manufacturing, retail, and logistics, rely on supply chain management professionals to plan and coordinate the movement of goods and materials from suppliers to customers.
  2. Strong earning potential: Supply chain management professionals often earn high salaries, particularly those with advanced degrees. According to the U.S. Bureau of Labor Statistics, the median annual wage for logistics and supply chain management professionals was $74,600 in 2020.
  3. Growing field: The field of supply chain management is expected to continue to grow in the coming years, as companies increasingly rely on global supply chains and the demand for effective supply chain management increases.
  4. Transferable skills: A degree in supply chain management can also provide a foundation of transferable skills that can be applied in a variety of business settings, such as problem-solving, analytical thinking, and decision-making.

Overall, a degree in supply chain management can provide a range of career opportunities, strong earning potential, and transferable skills that can be applied in a variety of business settings.

SCM Quotes

  • “The smartest people are constantly revising their understanding, reconsidering a problem they thought they’d already solved. They’re open to new points of view, new information, new ideas, contradictions, and challenges to their own way of thinking.” ~Jeff Bezos, founder Amazon.
  • “Products can be easily copied. But a supply chain can provide a true competitive advantage.” ~Yossi Sheffi
  • “To succeed in this world, you have to change all the time.” ~Sam Walton, founder of Walmart
  • “Why is it important to stay up to date on the latest knowledge and trends in supply chain?  First, the supply chain is changing and evolving faster than ever.  Second, the future of work is changing and people are either part of automation, or being automated.  Third, and most importantly, don’t be that person who wished they had updated their skill set after it is too late.” ~Dave Waters
  • “From conceptual standpoint, IoT is that ability to create digital awareness of the physical world we live in. It’s a digital pulse made up of data that we can aggregate to improve the world around us.”  ~John Rossman
  • “Certainly, a lot of the challenges that we have been experiencing this year will continue into next year.  But there are both short-term and long-term steps that we can take to do something about it. Part of what’s happening isn’t just the supply side.  It’s the demand side. Demand is off the charts. Retail sales are through the roof.  If you think about those images of ships, for example, waiting at anchor on the west coast, every one of those ships is full of record amounts of goods that Americans are buying, because demand is up, because income is up, because the president has successfully guided this economy out of the teeth of a terrifying recession.  Now the issue is, even though our ports are handling more than they ever have, record amounts of goods coming through, our supply chains can’t keep up.  Of course, our supply chains – that’s a complicated system that is mostly in private hands and rightly so.  Our role is to be an honest broker, bring together all of the players, secure commitments, and get solutions that will make it easier.” ~Pete Buttigieg
  • “When everything seems to be going against you, remember that the airplane takes off against the wind, not with it.” ~Henry Ford

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