Docstoc

PURCHASING AND PROCUREMENT MANAGEMENT (DOC)

Document Sample
PURCHASING AND PROCUREMENT MANAGEMENT (DOC) Powered By Docstoc
					                                      SUPPLY CHAIN MANAGEMENT


        In recent years, companies have worked to connect the different areas of their businesses to
achieve efficient movement of goods and services to the consumer. Supply chain management fills the
gaps that exist between departments and connects trading partners to create a smooth flow of
information, services, and products through the supply chain.

        The supply chain management major combines courses in accountancy, decision sciences,
management, and marketing. This “aerial view” of the four disciplines allows supply chain management
students to understand the interaction among them and how to move goods and services in the most
economical way. This area of study is on the cutting edge of business practice. Students learn practical
industry applications with the aid of field trips, guest speakers, and simulations in the classroom.

                                                INTERESTS

         Students attracted to this major should be capable of applying quantitative techniques, working
well with information technology, and interacting with people. To be successful in the field one will need to
use principles of economics, cost accounting, operations management, purchasing, business-to-business
marketing, and written and oral communications.


                                             COMPETENCIES

Technical                                                 Communications
Scheduling activities between firms                       Leading discussions
Understanding operations                                  Presenting plans
Understanding reliability                                 Writing reports
Estimating quantities                                     Explaining procedures
Projecting future needs                                   Persuading individuals
Making financial comparisons                              Planning with others
Creating time-lines
Managing materials                                        Management Skills
Analyzing the market conditions                           Planning for the future
                                                          Understanding inter-firm processes
People Skills                                             Attending to finances
Eliciting divergent opinions                              Keeping communications open between supply
Reaching consensus                                        chain partners
Working out strategies                                    Evaluating personnel
Relating to individuals                                   Understanding quality
Maintaining perspective in                                Evaluating supplier performance
 disagreements                                            Monitoring inventory

Managing groups

Problem Solving
Evaluating information
Analyzing data
Assessing needs
Innovating solutions




                                                      1
                                       CAREER OPPORTUNITIES

Business: all types                                      Service Industries
Product planner                                          Buyer
Procurement manager                                      Planner
Buyer                                                    Router
Traffic manager                                          Product manager
Expediter                                                Management trainee
Purchasing analyst                                       Facilities manager
Cost/value analyst
Supplier
Logistician
Materials manager
Quality specialist

NOTE: Some of the listed career options may require additional education and/or training beyond the
bachelor's degree.

                       GRADUATE/PROFESSIONAL SCHOOL OPPORTUNITIES

        An undergraduate degree in supply chain management prepares students for graduate study in
public and business administration.

                                   EXPERIENTIAL OPPORTUNITIES

        Summer or part-time work in business organizations of all types is helpful as well as volunteer or
paid work in public or private agencies and institutions. Involvement in student organizations such as
Ingenuity, Inc.: The Student Entrepreneurial Society; International Association of Students in Economics
and Business (AIESEC); the Student Chapter of American Production and Inventory Control/The Institute
for Supply Management (APICS/ISM); and other student groups that provide career guidance as well as
on-the-job experience.

                              SOURCES OF ADDITIONAL INFORMATION

Department of Management                             Career Services
3056 FSB, 529-4215                                   1022 FSB, 529-1712
   Curriculum Requirements                          200 Hoyt, 529-3831
   Career Opportunities                                Career Resource Center
                                                        Occupational Outlook Handbook
Business Academic Advising                              Dictionary of Occupational Titles
1022 FSB, 529-1712                                      Computerized Career Development Programs
   Requirements                                        Career Advising
   Course Selection                                    Mock Interviews
                                                        Job Search & Career Exploration Presentations
Student Organizations and Development                   Career Fairs
1022 FSB, 529-1712                                      Internship Services
   Student Organizations
   Portfolio Admission

Developed by the School of Business Academic Advising Staff and the academic departmental offices
with adaptations from Liberal Arts and Sciences - Skills - Career Opportunities, Career Planning and
Placement Office, University of Michigan.

2/11

                                                     2

				
DOCUMENT INFO
Shared By:
Categories:
Tags:
Stats:
views:0
posted:12/15/2011
language:
pages:2