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What Are The Best-paid Jobs In Supply Chain Management?

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By Author: theknowledgereview
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Have you ever thought about how the item in your hands made its way to you? If you’ve pondered this, you’re likely familiar with a management system that ensures you get what you want on time. It’s called supply chain management (SCM). SCM is the discipline overseeing the flow of supplies throughout a production cycle. Any organization involved in projects, manufacturing, or services relies on SCM to maintain a consistent flow of resources.
Why Choose a Career in the Supply Chain?
Choosing a career in supply chain management brings up a plethora of alternatives for people seeking a vibrant and influential career. Supply chain management is an exciting as well as rewarding career path since it plays a critical role in organizing the smooth transportation of goods, information, and services.
Top-paying SCM Jobs
Some of the highest-paying jobs in supply chain in supply chain management are:

Purchasing managers- Purchasing managers oversee the acquisition of materials and goods for a company. They find potential suppliers and engage in contract negotiations to secure favorable terms. These managers ...
... actively seek the best deals for crucial items, aiming to optimize value for their business. As an important role in the supply chain, the position of a procurement manager holds significant responsibility. The annual average compensation for this position is INR 1,022,838.
Retail merchandisers- Retail merchandisers play an essential role in connecting buyers to the sales floor. Their primary objective is to maximize sales and margins by carefully placing the appropriate merchandise in the right location at the right time. These specialists make product selection judgments for department stores and supermarkets. Their responsibilities include ensuring that the right product mix is stocked and exhibited efficiently, resulting in greater sales and profitability. This position pays an average monthly salary of INR 21,320.

Operations managers- Operations managers oversee day-to-day operations and a variety of responsibilities such as hiring and training employees, supervising operations, managing quality assurance projects, and implementing process changes. Operations managers get an average yearly pay of INR 998,022.

Production managers- Production managers are in charge of budgeting and shooting schedules, as well as supervising production operations and personnel below the line. Candidates interested in budget organization, planning, and negotiation should apply for this position. With an annual compensation of INR 727,949, it is one of the top positions in the supply chain.

E-commerce logistics managers- An e-commerce logistics manager is in charge of planning, executing, and supervising the transportation, storage, and distribution of items in a supply chain. In this position, one is in charge of overseeing the entire process, including coordinating with suppliers and manufacturers, as well as managing warehouse, transportation, and distribution networks. Entry-level logistics managers typically earn around INR 280,600 per year, while experienced professionals can get paid up to INR 905,000 per year.
How can You Earn these Skills?
Supply chain management is an advanced and ever-changing field. You can find the best supply chain jobs and develop a successful career with the correct education, abilities, and necessary certifications. Entry-level supply chain management positions normally require a bachelor’s degree or diploma in SCM or a related subject. You can now pursue an undergraduate or master’s degree in supply chain management online, which will give you the certifications you need for a successful career in this industry.

Read More: https://theknowledgereview.in/what-are-the-best-paid-jobs-in-supply-chain-management/
Source: https://theknowledgereview.in/
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