Advantages To Earning A Supply Chain And Operations Management Degree
A supply chain and operations management degree provides students with the educational background necessary to work as qualified professionals within a business or organization. Supply chain and operations management students learn all aspects of the day to day supervisory and financial aspects of the buying, selling, and manufacturing goods within a business. An online supply chain and operations management degree provides one of the best paths for students’ future career success.
Many colleges and universities offer innovative curricula to students via on-campus and online instruction to students managing job or family responsibilities. Most online degree programs offer students virtually the same educational experience, instruction, and materials as their traditional, on campus counterparts. Online courses generally consist of classes of 25 students with 24 hour access to course materials, one on one chats with other students and instructors, and flexibility in course scheduling. Online degree programs are a great way for students to advance educational, personal, and career goals within the field of supply chain and operations management.
What Students Learn Within A Supply Chain And Operations Management Degree
An online supply chain and operations management degree provides students with the skills, knowledge, and training necessary to advance to careers as vital professionals within various businesses, organizations, or agencies. Students within an online supply chain and management program learn the logistics involved in manufacturing products from transporting the raw materials and supplies to the delivery and sale of the final product. Online supply chain and operations management programs provide students with an understanding of operations research, inventory control, distributions systems, and logistics modeling. Bachelor level courses in supply chain and operations management provide students with core educational courses combined with specialized courses in business. Courses at a bachelor level include: supply chain planning and control, business principles and ethics, service management, accounting, quality management, business law, economics, project management, sourcing and supply management, computer applications, marketing and distribution channels, transportation and logistics management, managing technologies in the supply chain, law of contracts and agency, supply chain and operations strategy, and negotiation strategies.
Graduates from a bachelor degree program may advance to entry level jobs or higher degree programs. Courses at a master degree level include: supply chain management, accounting, transportation and distribution, strategic procurement, advanced methods for supply chain analysis, supply chain project management, logistics and strategy, supply chain design and strategy, supply chain transformation and innovation, business statistics, principles of accounting, supply chain models, operations management, and technical risk management. Graduates from a master degree program may advance to employment or doctoral degree programs.
Courses include: management science, applied statistics for managers, management of service operations, six sigma quality management, international supply chain management, production and operations management, information technology tools, managerial accounting, outsource decisions, business strategies, information technology, marketing strategies, managerial economics, financial management, multinational corporate environment, supply chain forecasting, strategic management, quality process management, inbound logistic strategies, supplier certification, responsible corporate leadership, supply chain analysis and research, human resource issues in the global marketplace, e-Commerce, and quantitative analysis for decision making. Graduates from a doctoral level supply chain and operations management advance to professions as researches or instructors within colleges or universities.
Prospective Jobs For Graduates With A Supply Chain And Operations Management Degree
A supply chain and operations management degree is a versatile degree providing graduates with a number of employment options. Individuals who complete an undergraduate program in the field of supply chain and operations qualify for jobs as entry level logistics, supply chain, distribution, warehouse, transportation, and contract managers. Some graduates may even work as inventory controllers or logistic consultants. Graduates who complete a graduate program in supply chain and operations management may work as operations or purchasing managers, inventory specialists, management consultants, or general managers of a business. Graduates who complete a doctoral degree in supply chain and operation management are considered experts within their field. Most work as instructors or researchers within colleges or universities or as independent consultants within self owned businesses.
Salary Range For Graduates With A Supply Chain And Operations Management Degree
The U.S. Bureau of Labor And Statistics predicts plenty of employment opportunities and steady job growth in the field of supply chain and operations management. Graduates who obtain a supply chain and operations management degree will find strong competition for upper level positions within companies as businesses seek ways of increasing efficiency and productivity. Earnings for graduates with a supply chain and operations management degree are dependent upon the level of education, area of specialty, geographic location, and related work experience. Most entry level salaries for graduates of supply chain and operations degree programs range from $37,930 to $67,440 annually. Graduates from a master’s degree program generally earn salaries ranging from $67,370 to $115,830 annually. Graduates from a doctoral degree have earnings exceeding $142,550 annually.
Career Outlook And Advancement Opportunities For Graduates With A Supply Chain And Operations Management Degree
Graduates with a supply chain and operations management degree often build lucrative careers within businesses, corporations and factories with plenty of opportunities to advance their careers through the combination of work experience and educational training. Graduates often find stable job opportunities within factories, business, and other organizations with varied levels of responsibility dependent upon geographic location, education level, area of specialty, and related work experience.
Many graduates with a bachelor degree in supply chain and operations management enter entry level positions and work their way up to management positions supervising employees, maintaining inventory, and working with vendors. Some bachelor degree graduates advance to higher degree programs to attain skills necessary for employment in upper level management. Graduates with advanced degrees often begin within supervisory positions and advance to chief operating officer positions upon gaining relevant work experience or work as researchers or instructors within colleges or universities. Some graduates from supply chain and operations management programs, upon gaining adequate funding and work experiences, begin their own businesses as operating consultants.