Historically, the supply chain sector has been one of the most misunderstood industries in the market. Originally considered to be a ‘blue collar’ department and treated as something of an afterthought, supply chain functions were once undervalued and largely unsung. This changed as manufacturing became increasingly internationalised: businesses across the globe recognised that the growing complexity of supply chains required the attention of top talent.
In today’s market, supply chain jobs are now some of the most lucrative and opportune roles available. As a business function, supply chains deliver a core capability and enable companies to win market share and operate profitably. With skilled professionals recognising this fact and realising the enormous benefits of supply chain jobs, the sector is becoming a hotspot for talent. We’ve compiled a list of the top benefits of supply chain jobs to shed light on a rapidly growing business function.
Opportunities within supply chain are extending
In a complex international market where success is largely dependent on the speedy, accurate distribution of resources, supply chains are essential to keeping businesses operational. The cumulative effort required to ensure that products reach their required destinations is phenomenal: from manufacturer to shipper to retailer to consumer, supply chains allow businesses and consumers alike to take advantage of the many benefits of globalisation.
For those working in supply chain jobs, this greater interconnected trade means that new and diverse opportunities are constantly on the horizon. Not only are there more supply chain jobs than ever before (with 44% of employers expecting headcount to increase), these jobs span a variety of sectors. A job in supply chain could see you working in retail, engineering, energy, food service, manufacturing, healthcare or public sector, amongst many others. The job could also see you working in almost any location: supply chains are renowned for offering international careers. There’s simply more on offer: more jobs, more role diversity and more choice of where you want your career journey to take you.
Supply chain jobs are offering increasing benefits
Despite being largely unheralded, jobs in supply chain come with highly attractive remuneration packages. According to a UK salary survey, the average wage for a supply chain professional at mid-management level is £42,500, though this can rise to three figure sums for top tier roles. In the last year, 11% of supply chain employees have asked for a pay rise and been successful and only 19% believe that they won’t receive a pay uplift, reflecting the upwards curve in the market.
Aside from the rising pay up for grabs, job satisfaction is high in supply chain. Recent research from Payscale shows that 100% of employees surveyed are “extremely satisfied” with their job, rating it at a full 5/5. Whether this result is due to the pay, the growth and travel opportunities or the diverse nature of the role, supply chain jobs are increasingly proving to be well-enjoyed and well-rewarded.
People of various educational backgrounds can thrive in supply chain jobs
Traditionally, supply chain jobs were largely within warehousing and distribution, but this has long since evolved into an abundance of different roles spread out across various levels and specialisms. Highly educated and analytical talent is needed to meet the challenges faced in supply chain, and quite often people are needed with strong knowledge of current geopolitical issues and international trends.
Since supply chain management is still a relatively new field of study and a great deal can be learnt on the job, many employers only require a Bachelor’s degree for consideration. Of these degrees, the most commonly accepted are fields related to engineering, logistics, supply chain management and business management (though this is by no means a comprehensive list). Any qualifications relating to communication, computing or analysis can also be beneficial, as supply chain jobs require individuals who can approach a problem, think of original solutions and communicate and support those solutions. In short, almost anyone with intelligence and a strong business focus can thrive in supply chain.
Career growth opportunities in supply chain are plentiful
Supply chain jobs offer significant upwards movement. Due to the multiple aspects of supply chain, its structured tiers and its growing complexity, opportunities to advance are readily available for those who apply themselves and show a strong work ethic.
The very nature of supply chain sets employees up for development: since you’re likely to gain experience in a variety of sectors and positions, your transferable skills and industry expertise quickly grow. Working in supply chain offers exposure to fast-paced decision-making and professional accountability, meaning that the role itself primes you for promotion. Your journey will be varied and progressively challenging, and will ultimately be as successful as you want it to be.
If your appetite for supply chain has been whet with this article, view our latest list of lucrative roles here. Alternatively, if you’d like to speak confidentially to one of our specialist supply chain recruiters, contact Tom Birrane on 0300 456 9164.