Supply chain management is all about business at the big-picture level. Lots of people focus on specific avenues in business.
In commerce, supply-chain management (SCM), the management of the flow of goods and services, involves the movement and storage of raw materials, of work-in-process inventory, and of finished goods from point of origin to point of consumption.
Large corporations value good supply chain managers because they improve the efficiency of plants, warehouses, and transportation vehicles in a supply chain. Cash flow is directly increased because the delivery of a product is in a timely manner, and consumers can purchase their goods.
Here are four main elements to supply chain management.
- Integration. This could be considered the brains and heart of the supply chain.
- Operations. This link in the supply chain coordinates the specifics of day-to-day operations for the company.
- Purchasing
- Distribution
What are the courses for supply chain management?
The Supply Chain Management Specialization is made up of four basic courses in logistics, operations, planning, and sourcing, followed by a capstone course in Supply Chain Management Strategy. The Supply Chain Logistics course will cover transportation, warehousing and inventory, and logistics network design.
Career options:
- Purchasing agent.
- Operations manager.
- Logistics analyst.
- Purchasing manager.
- Supply chain manager.
- Logistics manager.
- Production, planning and expediting clerk.