Did you know the demand for skilled people in supply chain management is high as the companies are largely depending on new technology.
The U.S Bureau of Labour Statistics predicts a strong growth of 18% in supply chain and logisticians jobs by 2032. This means new jobs will be created, making it a promising career path However, there are not enough skilled workers to fill all the jobs in the field. This means companies are actively looking for skilled workers.
If you want to work in the area, a masters in supply chain management can help you get better job or advance in your current career This article highlights some of the top benefits of pursuing a masters in supply chain management.
What are the top benefits of studying masters in supply chain management?
Here are a few reasons why pursuing a master’s degree in supply chain management can be a good career move:
- High in demand
New technologies are changing how supply chains work. Companies need skilled people to manage these changes and make supply chain models more efficient.
Because of this demand for skilled workers, it is easier to find a job in supply chain management. In fact, a study by major industry group, the Association for Supply Chain Management (ASCM)’s Supply Chain Profession Report 2023, found that 76% of people looking for jobs in this field found them within three months.
- High salary
Supply chain jobs pay well, and a master’s degree in supply chain management can give you a boost. Here’s why The average salaries for supply chain professionals in the U.S. was $98,570 in 2023, according to ASCM. If you have a master’s degree, you can expect to earn even more- the average salary increases to $113,300.
So, a master’s degree in supply chain management can significantly increase your salary. These programmes are designed in such a way that even a working professional can pursue the master’s degree while working.
- Prepare to lead
A masters in supply chain management equips you with skills and knowledge to manage complex supply chains and take on leadership roles like director of supply chain management.The programme covers all aspects of the supply and logistics chain field, from operations and sourcing to logistics and financing, and develops your leadership skills to help you advance your career.
- Sharpen your skills for a globalised and digitised future
The supply chain and logistics field is a rapidly evolving industry with new technologies transforming the way it works.A masters in supply chain management can help you stay ahead of the curve. You will gain expertise in data analysis, a crucial skill for modern supply chain management.
The programme will develop your understanding of international business, preparing you for managing global supply networks.You will learn how to solve challenges like global crisis and develop solutions for real-world supply chain issues.
- Strengthen your network
A masters in supply chain management allows you to connect with a valuable network of professionals, which is important in advancing your career. You will learn alongside classmates who share your career goals. You can gain insights from experienced professors who are experts in the field.This network can be a great resource for staying informed about industry trends, finding new jobs, and collaborating on projects.
Supply chain professionals are behind the scenes people who keep things moving. They are adaptable, resourceful, solving problems to ensure good and services reach people on time, even in challenging situations.Prepare to lead with a masters in supply chain management course.Enroll today!