Updated: Apr 21, 2020
What is Operations & Supply Chain Management
Operations & Supply Chain Management is looking at business as a whole when comparing expenses and profits. A business won't last very long if the expenses to run it are more than the profits it gains. The production of a company's product requires a lot of communication with suppliers, customers, transportation teams, and separate departments within the company. Suppliers will provide the resources to make the product, customers will provide the order for how much of a product they need, transportation teams will ship the product from the factory to consumers or stores and departments will need to in contact will each other to ensure everything runs smoothly. All of these factors also come at a cost. Operations and Supply Management will consider all components running a business, analyze the financial data, and make improvements where necessary. For additional information on supply chain management read our blog "What Is Supply Chain Management" .
What Will You Learn from an Operations and Supply Chain Management
Significance of Operations Management
Principles of Supply Chain Management
Logistics Transportation and Operations
E-commerce in Supply Chain
Understanding Little's Law and how to Allocate Resources
Types of Business Performances
How to Minimize Costs in Supply Chain Applying the Logistic Model
Capability and Calculating Capability Index
Operations and Supply Chain Management Jobs & Salary
The Bureau of Labor Statics reports that as of May 2018 jobs for Transportation, Storage and Distribution Managers are expected to grow 6% creating thousands of new jobs. The average salary for this occupation averaged nationally at $94,730. State data for the average salary varies depending on location. In states like Delaware, New Jersey, and New York the average income is over 120k, while in states such as West Virginia, Iowa, and Idaho the average salary is around $80,000.