Top Reasons to Choose a Supply Chain Career

Are you considering making a career move into the wonderful world of supply chain?

APICS Milwaukee Chapter serves the supply chain community with education and information needed to compete in today’s world. We’ve highlighted below the top reasons to consider making a career move into supply chain.  

What is Supply Chain? Our partner organization, The Association for Supply Chain Management (ASCM) recently shared that supply chain is, “A connected system of organizations, activities, information and resources designed to source, produce and move goods and services from origination to end customer. Supply chain management (SCM) is the active management of supply chain activities to maximize customer value and achieve a sustainable competitive advantage.”

Top Reasons to Choose a Supply Chain Career

1. Career Openings in Supply Chain Management

Per SupplyChainGameChanger, “The talent and skills gap affects the manufacturing and supply chain industries more than almost any other occupation in the U.S. As more workers reach retirement age, the burden of the supply chain skills gap will undermine the future of supply chain management.”

Research from the Supply Chain Talent Academic Initiative found that demand for supply chain professionals exceeds supply by a 6 to 1 ratio, according to Nick Little, Assistant Director of Executive Development Programs at Michigan State University’s Eli Broad College of Business.

2. Variety of Positions within Supply Chain

Career choices within the supply chain field are spread across a large spectrum, leaving you with many different roles to choose. Places of employment may also vary. For example, you could choose to work for a big corporation, small business, local or federal government entity or a nonprofit organization. The possibilities are endless. Here’s a list of some possible career paths to choose from:

  • Supply Chain Manager

  • Strategic Sourcing Manager

  • Operations Manager

  • Buyer

  • Purchasing and Inventory Clerk

  • Procurement Manager/Specialist

  • Commodities Manager

  • Category Manager

  • Supply Chain Planner

  • Demand Planner

  • Production Planner

  • Capacity Planner

  • Logistics Manager

  • Transportation Manager

  • Reverse Logistics Manager

  • Inventory Controller

  • Warehouse Manager

3. Competitive Salaries and benefits in Supply Chain

ASCM’s 2020 Supply Chain Salary Survey Report showed:

SALARIES ARE SOLID: Supply chain professionals with a bachelor’s degree reported a median salary of $78,750, which is 24% higher than the national median salary. Those with an associate degree reported a median salary of $67,000, which is also much higher than the national median salary.

OPPORTUNITY FOR ADDITIONAL EARNINGS AND SIGNIFICANT RAISES: 91% of respondents received some form of additional cash compensation (bonus, profit sharing) to their salary. The average raise increase received in 2019 was 4.7%, which is higher than the national average of 3.5%.

GENDER GAP CONTINUES TO NARROW: For the 2nd year in a row, respondents under 30 reported the same median salary regardless of gender. Women 30-39 reported a median salary that is 93% of what men earn. Although still not acceptable, it’s higher than what women on average nationally earn which is 82% of what men earn.

BENEFITS ARE GOOD: Almost three quarters of supply chain professionals are offered paid family/medical leave and more than 80% receive three weeks or more of vacation time. The majority (79%) of respondents are satisfied with the quality of their benefits.

Overall supply chain professionals tend to be happy with their careers with nearly all (88%) reporting they have a positive outlook.

Looking for more information on supply chain careers and tools? Join us in October for expert led instructor Certified Production, Inventory and Management (CPIM) Part II classes for globally recognized certifications in in-person and virtual for CPIM Part II (Starts 10/19), Demand Driven Planner Certification Workshop (10/22 & 10/23), and a FREE webinar to learn more about the Port of Milwaukee on 10/22!