Is there money in supply chain?

Supply chain salaries remain solid, even during a global pandemic. According to ASCM’s 2021 Supply Chain Salary and Career Report, the typical salary for individuals entering supply chain is $60,000. The median salary is $86,000 and $90,000 for professionals with APICS/ASCM certifications.

What are the main advantages of supply chain management?

Here’s a look at eight of the most important benefits of effective supply chain management.

• Better collaboration.
• Improved quality control.
• Higher efficiency rate.
• Keeping up with demand.
• Shipping optimization.
• Reduced overhead costs.
• Improved risk mitigation.
• Improved cash flow.

What are the advantages and disadvantages of Supply Chain Management?

So check out advantages and disadvantages of Supply Chain Management discussed below. It helps to achieve better inventory control. Supply chain management also helps to achive higher revenues and increases performance and profitability. It is used to understand and provide better information of customer needs, tastes etc.,

What is supply chain management (SCM)?

Supply chain management ( SCM ) is the process of planning, commissioning execution and control of the operations of the supply network in order to meet the needs of customers as effectively as possible .

What is the difference between SMC and logistics?

According to the CSCCMP, logistics involves the planning and control of all activities related to the supply, manufacture and distribution of goods and services of a company; For its part, the SMC is the chain that unites any company from the acquisition of raw materials to the delivery of the finished product.

What are supply chain projects?

Supply chain projects involve multiple departments, such as purchasing, planning, manufacturing, distribution and Information Technology.