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To be profitable, businesses must build processes to maximize how their products reach consumers. A range of employees with varied talents are required to plan and oversee the efficient and effective movement of goods and information. The best companies for supply chain jobs would make the task easy.
Supply chain careers can provide well-paying jobs critical to an organization’s operations and long-term success.
This article defines a supply chain, the requirements for a supply chain job, and the best companies for supply chain jobs.
What is a supply chain?
A supply chain is a network of people and companies involved in producing and delivering a product to a consumer. The chain starts with the raw material producers and ends when the van delivers the finished product to the final user.
A better supply network leads to cheaper costs and a more efficient production cycle. Therefore, supply chain management is critical. Businesses strive to strengthen their supply networks to cut costs and remain competitive.
What are the requirements for getting a high-paying supply chain job?
Most of the highest paying supply chain jobs are supervisory and management roles, which often require a bachelor’s degree and several years of experience in a specific supply chain field, such as manufacturing. Undergraduate degrees suited for supply chain professions include:
- Transportation and logistics
- Supply chain management
- finance
- Business administration
To get experience and knowledge of the industry, you can also begin your career in an entry-level role, such as an inventory clerk or production associate.
Consider seeking informational interviews with your managers to express your interest in advancing your career and to learn about your opportunities for progression within the organization. Consider looking into tuition reimbursement programs and mentorship options.
10 Best Companies for Supply Chain Jobs
Here are the 10 best companies for supply chain jobs:
1. Cisco Systems
Cisco is well-known for its efforts to reduce greenhouse gas emissions and virgin plastic usage. It was also lauded for introducing circular economy concepts into its supply chain and for increasing its use of cloud technology.
A director of product operations at Cisco who assists in developing product operations strategies typically earns a base salary of $172,000 per year. A supply chain data governance program manager (who works to improve data analytics and architecture) earns more than $134,00 annually.
Cisco prioritizes a candidate’s SCM work experience for each position. The operations director must have at least 15 years of experience, while the program manager must have a master’s degree and at least ten years of experience. Competitive candidates have additional expertise in areas such as data governance.
2. Schneider Electric
Schneider has achieved gains in sustainable development with its Tailored Sustainable Connected (TSC) strategy. They have also made strides in sustainable development, recognizing sustainability as a critical component of the supply chain process.
The supply chain planning manager at Schneider Electric works with warehouse managers and suppliers to offer new items that meet inventory standards. A supply chain planning manager works from start to finish (at all process phases), needs a master’s degree, and earns $121,638 annually.
3. Colgate-Palmolive
Colgate-Palmolive is using analytics to optimize its supply chain system. It established the Sustainable Financing Framework to create and implement projects that benefit the environment and society.
The base salary of a global commodities forecasting manager at Colgate-Palmolive is projected to be between $111,000 and $143,000. A bachelor’s degree in economics or a similar field is required, as well as at least eight years of experience in analytics, product sourcing, and commodity trading. Risk management is the primary concern of forecasting managers.
4. Johnson & Johnson
Johnson & Johnson focuses on sustainability and adopts an “outside-in” SCM approach to support customer growth. To improve supply chain efficiency, J&J focuses on internal and external visibility.
To earn an average base salary of $115,493, supply chain leader applicants must have at least ten years of SCM or engineering experience and a valid bachelor’s degree.
5. Nestlé
For the second year in a row, Nestlé got a perfect ESG score in the Gartner Supply Chain Top 25. The projects include more plain packaging, biodegradable and compostable materials, and more recycled content usage.
Furthermore, the company is expanding its e-commerce operations and developing new direct-to-consumer (DTC) capabilities across its entire supply chain, including customized products, packaging, and fulfillment services.
6. Intel
In March 2012, amid a global chip crisis, Intel announced a $20 billion investment in developing two new semiconductor facilities in Arizona. This demonstrated the company’s commitment to manufacturing and its capacity to devise innovative supply chain solutions in challenging circumstances.
To develop sustainability throughout its supply chain, Intel expects its 9000+ tier 1 suppliers to follow the Intel Code of Conduct and the Responsible Business Alliance (RBA) Code of Conduct and establish corporate responsibility plans, policies, and practices.
7. PepsiCo
One of PepsiCo’s top aims is to invest in digital tools and novel technology to create a more efficient, streamlined supply chain. Two areas of concentration are data integration to help the company better serve consumer requests and sophisticated data analytics to support a more streamlined and cost-efficient chain.
Furthermore, the organization is committed to promoting sustainability throughout its supply chain. PepsiCo, for example, announced this month that it intends to become net water vivacious by 2030 or to replace more water than it consumes. If the project is successful, the company will be one of the most water-efficient food and beverage producers in high-risk watersheds.
8. Walmart
Walmart’s supply chain is frequently praised as one of the most efficient in the world. In the last two years, Walmart has invested $11 billion in e-commerce, supply chain, and technology.
Walmart+, a competitor to Amazon Prime, was launched. It has developed a variety of new fulfillment alternatives, such as curbside pickups, and is modernizing its warehouse management system (WMS) to improve supply chain efficiency.
In addition, the corporation has pledged to achieve zero emissions by 2040.
9. L’Oréal
L’Oréal is among the Top 25 because of its agile, customer-centric, and ethical supply chain operations.
The concept of “Digital Beauty” is a crucial part of the company’s supply chain strategy. This includes a shift to technology-assisted logistics.
10. Alibaba
For the second year, Alibaba is rated in the top 25 after significantly expanding its supply chain capabilities to increase production efficiencies.
For example, in 2020, Alibaba.com Freight will be launched. Small and medium-sized organizations can use this supply chain-as-a-service endeavor to compare, book, manage, and track bulk ocean and air freight in real-time.
