What does a Supply chain manager do?
Supply chain management is the backbone of today's business world, with supply chain managers working behind the scenes to ensure a smooth flow of goods and services from suppliers to consumers. In this post, we'll explore what it takes to excel in this dynamic role—covering daily responsibilities, earning potential, and the industries and states offering the highest salaries. We'll also delve into the educational paths and certifications that can set you apart, the job outlook for the field, and the essential skills needed to thrive in this ever-evolving industry.
What does a supply chain manager do?
A supply chain manager coordinates and optimizes the entire supply chain process, from sourcing raw materials to delivering finished products to customers. Their primary duties include:
Developing and implementing supply chain strategies
Managing inventory levels and ensuring timely delivery
Negotiating contracts with suppliers and vendors
Monitoring and analyzing supply chain performance metrics
Identifying and mitigating potential supply chain risks
Collaborating with cross-functional teams to enhance efficiency and reduce costs
How much does a supply chain manager make?
According to the U.S. Bureau of Labor Statistics, supply chain managers earn an average annual wage of $99,200. In Tennessee, the average salary for these professionals is slightly lower, at $91,380 per year.
Top high-paying industries
Some of the highest-paying industries for supply chain managers include:
Computer and Peripheral Equipment Manufacturing - $227,910
Scientific Research and Development Services - $176,530
Software Publishers - $165,820
Credit Intermediation and Related Activities - $164,650
Natural Gas Distribution - $163,410
Top high-paying states
The states offering the highest salaries for supply chain managers are:
Delaware - $148,440
District of Columbia - $146,990
New Jersey - $140,000
New York - $135,960
Washington - $128,960
Top highest-employment states
California - $119,250
Illinois - $112,480
Ohio - $104,900
Texas - $106,720
Florida - $103,570
Top highest-employment industries
Management of Companies and Enterprises - $156,580
Warehousing and Storage - $104,760
Merchant Wholesalers, Nondurable Goods - $103,400
Truck Transportation - $95,900
Merchant Wholesalers, Durable Goods - $94,990
How to become a Supply chain manager
Most supply chain manager positions require a bachelor's degree in supply chain management, business administration, logistics, or a related field. Some employers may prefer candidates with a master's degree, such as an MBA with a focus on supply chain management.
Additionally, professional certifications like the Certified Supply Chain Professional (CSCP) or Certified in Production and Inventory Management (CPIM) can significantly enhance job prospects and demonstrate your expertise in the field.
Job outlook and career opportunities
Supply chain management is a growing field with a bright outlook. Employment for supply chain managers in the U.S. is projected to increase by 8% from 2022 to 2032, with an average of 15,900 job openings each year—outpacing many other professions. In Tennessee, the growth rate is even higher at 19% annually. As global supply chains become more complex and businesses focus on efficiency and cost reduction, the demand for skilled supply chain managers is expected to stay strong. This creates exciting career opportunities across a variety of industries, including manufacturing, retail, healthcare, and logistics.
What skills does a Supply chain manager need?
Success as a supply chain manager requires a well-rounded skill set that blends technical, analytical, and interpersonal abilities. Key skills include:
Strong analytical and problem-solving abilities
Excellent communication and negotiation skills
Proficiency in supply chain management software and tools
In-depth knowledge of logistics and transportation processes
Leadership and collaboration with cross-functional teams
Adaptability and quick decision-making in a fast-paced environment
The future of supply chain managers in the EV battery industry
As the world transitions to electric vehicles (EVs), the demand for EV batteries is surging, creating a prime opportunity for supply chain managers specializing in this industry. These professionals will be pivotal in managing the smooth flow of raw materials, optimizing production processes, and overseeing the distribution of EV batteries to automakers globally. With the EV market poised for significant growth in the coming years, supply chain managers adept at navigating the complexities of the EV battery supply chain will be in high demand and can look forward to promising career prospects.
Looking to Explore Your Potential as a Supply Chain Manager?
The job outlook is bright, with significant growth projected in the coming years. As Impel Careers, a leading staffing agency focused on the EV sector, we’re excited to help connect talented professionals with opportunities that align with their career goals.
Whether you're looking to enter the field or advance your career, supply chain management offers diverse and rewarding opportunities. Embrace the challenges, leverage your skills, and be prepared to thrive in this ever-evolving industry.
