Median Annual Wage: $105,060
Education: Bachelor's degree (67%); Master's degree (15%); Post-baccalaureate certificate (7%)
Projected Growth: Slower than average (3% to 7%)
Related Job Titles: Supply Chain Manager; Supply Chain Director; Global Supply Chain Director; Supply Chain Vice President
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Source: O*NET OnLine information for Supply Chain Managers.
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- Confer with supply chain planners to forecast demand or create supply plans that ensure availability of materials or products.
- Define performance metrics for measurement, comparison, or evaluation of supply chain factors, such as product cost or quality.
- Analyze inventories to determine how to increase inventory turns, reduce waste, or optimize customer service.
- Develop procedures for coordination of supply chain management with other functional areas, such as sales, marketing, finance, production, or quality assurance.
- Negotiate prices and terms with suppliers, vendors, or freight forwarders.
- Meet with suppliers to discuss performance metrics, to provide performance feedback, or to discuss production forecasts or changes.
- Implement new or improved supply chain processes.
- Design or implement supply chains that support business strategies adapted to changing market conditions, new business opportunities, or cost reduction strategies.
- Monitor supplier performance to assess ability to meet quality and delivery requirements.
- Manage activities related to strategic or tactical purchasing, material requirements planning, inventory control, warehousing, or receiving.
- Participate in the coordination of engineering changes, product line extensions, or new product launches to ensure orderly and timely transitions in material or production flow.
- Analyze information about supplier performance or procurement program success.
- Select transportation routes to maximize economy by combining shipments or consolidating warehousing and distribution.
- Collaborate with other departments, such as procurement, engineering, and quality assurance, to identify or qualify new suppliers.
- Develop or implement procedures or systems to evaluate or select suppliers.
- Document physical supply chain processes, such as workflows, cycle times, position responsibilities, or system flows.
- Develop material costs forecasts or standard cost lists.
- Assess appropriate material handling equipment needs and staffing levels to load, unload, move, or store materials.
- Design or implement plant warehousing strategies for production materials or finished products.
- Appraise vendor manufacturing ability through on-site visits and measurements.
Source: O*NET OnLine information for Supply Chain Managers.
- Active Listening - Giving full attention to what other people are saying, taking time to understand the points being made, asking questions as appropriate, and not interrupting at inappropriate times.
- Speaking - Talking to others to convey information effectively.
- Complex Problem Solving - Identifying complex problems and reviewing related information to develop and evaluate options and implement solutions.
- Monitoring - Monitoring/Assessing performance of yourself, other individuals, or organizations to make improvements or take corrective action.
- Coordination - Adjusting actions in relation to others' actions.
- Judgment and Decision Making - Considering the relative costs and benefits of potential actions to choose the most appropriate one.
- Critical Thinking - Using logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions or approaches to problems.
- Social Perceptiveness - Being aware of others' reactions and understanding why they react as they do.
- Systems Evaluation - Identifying measures or indicators of system performance and the actions needed to improve or correct performance, relative to the goals of the system.
Source: O*NET OnLine information for Supply Chain Managers.