As the demand for products and services rises, supply chain specialists are in great demand. Earning an online degree in supply chain management can help you get a competitive edge in the field.
These online degrees are designed to accommodate busy professionals balancing work and school. They also require self-discipline to ensure you complete your coursework on time.
Supply Chain Analyst
Supply chain analysis is an excellent career for anyone who enjoys crunching numbers and helping businesses streamline their processes. It offers various job options with competitive salaries and growth opportunities.
If you’re interested in this career, you can begin by getting a bachelor’s degree in a related field like business administration. You’ll also want to brush up on your skills in analytics and communication.
Then, you can start applying for jobs. You can find supply chain analyst positions in various industries, including manufacturing and retail.
You can even find entry-level jobs if you have yet to gain experience. Some companies even offer training programs to help you gain your needed skills.
A supply chain online degree can provide a solid foundation to build upon as you progress in your career. You’ll be able to apply the knowledge you learn to finding efficiencies, directing the flow of goods from supplier to consumer, and managing inventory.
Inventory analysts are responsible for managing an organization’s purchasing inventory. They coordinate with project managers and warehouse employees to order and track inventory shipments. They also prepare and write reports on inventory counts and discrepancies.
This career is an excellent choice for those with good multitasking and problem-solving skills. They may work in retail, distribution, manufacturing, supply, or wholesale industries.
They typically work full-time and can remotely work if needed for the company’s needs. They are often employed by larger organizations that require a lot of coordination.
Inventory analysts track inventory and purchase products that meet customer demands and production needs. They ensure that the company purchases enough goods to satisfy their needs and that they only purchase a little, which can create a financial burden.
Supply Chain Manager
The modern marketplace depends on a supply chain that coordinates the movement of must-have products around the globe. As such, supply chain managers must be able to save companies money by optimizing transportation and inventory costs.
These professions often require a bachelor’s degree in supply chain management, logistics, or a similar discipline. They also need to have skills in computer technology, warehousing, inventory, transportation, and business intelligence.
According to the United States Department of Labor, jobs in this field will grow 7% from 2016 to 2026, making it a great time to begin your supply chain career. While a bachelor’s degree can help you land a position in the field, pursuing graduate-level education, certifications, and specialized training can improve your job opportunities significantly.
Purchasing agents buy all the raw materials, goods, and supplies a company needs. They may work in a factory or warehouse but can also be found at retail stores, such as grocery stores or auto parts stores.
The job duties of a purchasing agent include preparing purchase orders, reviewing requisitions for goods, and analyzing price proposals. They also negotiate contracts with vendors and manage vendor relationships.
If you have a passion for business and supply chain management, a career as a purchasing agent might be the right fit for you. This career requires excellent negotiation skills and knowledge of industry standards.
According to the Bureau of Labor Statistics, purchasing agents can earn a median salary of $62,120 per year. However, this salary varies widely based on the job’s location and experience.