Why study Supply Chain Management? Here are 3 compelling reasons!

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In today’s fast-paced and demanding world of e-commerce, supply chain management graduates are in even more demand than before. In almost any industry you can think of there is generally a need for goods to be procured, stored and dispatched. Understanding the logistics behind this and how to efficiently manage a steady flow of operations is critical to the current business world. So, if you’d like to know why you should study a Supply Chain Management programme, there are a number of very good reasons.

What is supply chain management and its functions?

Supply chain is the flow of material, information and money from raw material suppliers through factories and warehouses to the end consumers. This flow consists of value-adding activities and processes that are managed by people, who specialise in supply chain functionalities. The effective management of the supply chain plays an important role in any business in any sector. The importance of SCM is a direct contributor to a success or failure as it contributes to the company’s turnover rates, ability to meet high customer demands and to effectively produce complex products and services to an evolving and changing market.

Given the the importance of supply chain management in the industry, some of the main reasons to consider taking up a supply chain management programme are:

  1. Customer satisfaction never goes out of style

    Regardless of the goods, customers always expect the correct product assortment and quantity to be delivered. They also expect products to be available at the right locations – from auto repair shops to supermarkets. Delivering goods on time and to the correct information is critical for many businesses to continue functioning. This means that graduates with a grasp of the logistics with a Supply Chain Management programme will always have future job security in many industries within an economy.

  2. Creating cost-efficient operations are a challenge

    Successful logistics and supply chain managers become a critical aspect of an organisation’s financial well-being. From decreasing purchasing and production costs to finding ways to lower the total supply chain cost, you’ll find yourself troubleshooting and strategising on a daily basis. This challenge is exciting and incredibly rewarding over the long-term. Many professionals in this arena derive a lot of job satisfaction through overcoming seemingly impossible logistical challenges.

  3. You could even use your logistical powers for good

    People with inquisitiveness and a desire to understand patterns and trends within data are seen as particularly employable by commercial entities. However, studying Supply Chain Management can also you take you in a direction that puts you in the centre of several humanitarian causes rather than just focusing purely on profit. Whether you’re strategising on how to decrease pollution and energy use in an organisation or how to create more jobs in an economy or even assisting in human healthcare, there are dozens of philanthropic applications for this skillset.

Bachelor of Commerce Honours: Supply Chain Management at MANCOSA

MANCOSA offers two accredited supply chain management programmes. There is the Higher Certificate in Supply Chain Management, which is offered part-time. This programme provides basic skills that allows the graduate to enter the job market quickly. There are also more intensive Bachelor of Commerce: Supply Chain Management programmes, including Bachelor of Honours in Supply Chain Management.

Start your future with MANCOSA

At the end of the day, a Supply Chain Management programme comes with various employment opportunities, job securities and future growth potential. If you’d like to know more about studying in this field, contact our offices to discuss your options. Our course advisors are standing by to assist with any questions you may have.