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Introduction To Supply Chain Management V2

This document provides an introduction to supply chain management. It defines supply chain management as the process of integrating supply and demand management within and across organizations to efficiently move products from inception to customers. The document outlines the importance of supply chain management in introducing benefits like anticipating problems and improving inventory levels. It also discusses job opportunities in supply chain management, typical salaries which range from 3.4 lakhs to 1.5 crores annually depending on experience, and required skills which include budget management, data analytics, and communication skills.

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30 views

Introduction To Supply Chain Management V2

This document provides an introduction to supply chain management. It defines supply chain management as the process of integrating supply and demand management within and across organizations to efficiently move products from inception to customers. The document outlines the importance of supply chain management in introducing benefits like anticipating problems and improving inventory levels. It also discusses job opportunities in supply chain management, typical salaries which range from 3.4 lakhs to 1.5 crores annually depending on experience, and required skills which include budget management, data analytics, and communication skills.

Uploaded by

nhân trần
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© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as PPTX, PDF, TXT or read online on Scribd
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Introduction to

Supply Chain
Management

– Created by upGrad Sales Training Team & Authored by Vedant Chirania


Index

1. What is Supply Chain Management?


2. Importance of Supply Chain Management
3. Job Opportunities
4. Salaries Offered
5. Required Skills for Supply Chain management
What is Supply Chain Management ?
The supply chain includes all the activities, people, organizations, information, and resources required
to move a product from inception to the customer.

Supply Chain includes:

● The concept of the supply chain, encompassing the process of moving a finished good from
procurement to fulfillment in a cycle.
● The industry, which includes the carriers and regulations that oversee transporting goods.
● The function, which is the practice of managing the operations, logistics and inventory levels.

Supply chain management is the process of integrating the supply and demand management, not only
within the organization, but also across all the various members and channels in the supply chain so
they work together most efficiently and effectively.
A short video explaining Supply Chain Management!
Importance of Supply Chain Management
Supply chain management is crucial for any organization because doing it well can introduce several
benefits to the organization; however, poor supply chain management can result in very expensive
delays, quality issues, or bad reputation. In some cases, poor supply chain management can also cause
legal issues if suppliers or processes are not compliant. Technology advances have unlocked huge
potential for supply chain management, enabling supply chain managers to work closely – and in real
time – with members of the supply chain. With supply chain management, organizations can:

● Anticipate problems
● Dynamically adjust prices
● Lowered cost and Increased revenue
● Improve inventory and fulfillment
● Improve Asset utilization
Examples of Supply Chain management
Job Opportunities

Supply Chain Management(SCM) is one of the big things in global industrial scenario. According to the
management experts, there is a lot of scope for Supply Chain Management(SCM) globally due to
increasing uncertainty of supply networks, shorting of the products life cycle, and globalization of
business. The employability potential of learners is very high here. The career opportunities for Supply
Chain Management are:

● Purchase Manager
● Strategic Planner
● Materials Analyst
● Supply Chain Manager
● Warehouse Manager
● Logistics Manager
● Operations Manager
● Distribution Manager
Salaries Offered
Supply Chain Management salaries in India vary depending on the location, experience levels and the
companies they are employed in. The annual compensation for Supply Chain Management in India
starts from ₹3.4 Lakhs and goes upto ₹1.5 Crores.

● Early-Career — Someone with upto 4 years experience in managing supply chains can earn an
average of ₹340,334 annually.
● Mid-Career — With upto 9 years of experience, a supply chain manager stands to earn average
compensation of ₹821,516 annually.
● Experienced —  An average compensation of ₹1,487,178 per year is given to an experienced
supply chain manager with over 10 years of experience.
● Late-Career — This level requires a minimum of 20 years of experience. Here, someone in the
SCM position can earn upto ₹1,503,217 annually.
Required Skills for Supply Chain Management

● Budget management
● Data analytics
● Information technology and Automation skills
● Time Management Skills
● Legal and regulatory knowledge
● Economics and Market Dynamics
● Flexibility
● Communication skills & Ethics
Thank you

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