The primary role of a supply manager is to oversee the importation and creation of raw materials that the company needs to create new products. They ensure that the production department always has an adequate amount of supplies and that these supplies pass the company's quality standards.
That said, the duties of a supply manager involve coordinating with other supply chain managers, negotiating contracts with vendors or suppliers, overseeing the inspection of deliveries, and responding to emergencies such as supply shortages in a timely manner. Moreover, a supply manager also participates in the development of new strategies to optimize all aspects of the supply chain.
When hiring a supply manager, most employers prefer a candidate with a degree in business, supply chain management, or something similar. More than that, they also often require a substantial amount of prior work experience, preferably in a similar field or job position.
When it comes to salary, supply managers earn an average income of $97,000 per year, which is only fair given the amount of responsibility that they have on their shoulders.
There is more than meets the eye when it comes to being a supply manager. For example, did you know that they make an average of $46.8 an hour? That's $97,347 a year!
Between 2018 and 2028, the career is expected to grow -6% and produce -29,200 job opportunities across the U.S.
There are certain skills that many supply managers have in order to accomplish their responsibilities. By taking a look through resumes, we were able to narrow down the most common skills for a person in this position. We discovered that a lot of resumes listed analytical skills, math skills and negotiating skills.
When it comes to the most important skills required to be a supply manager, we found that a lot of resumes listed 28.2% of supply managers included supply chain, while 14.6% of resumes included supplier performance, and 8.0% of resumes included cost reduction. Hard skills like these are helpful to have when it comes to performing essential job responsibilities.
When it comes to searching for a job, many search for a key term or phrase. Instead, it might be more helpful to search by industry, as you might be missing jobs that you never thought about in industries that you didn't even think offered positions related to the supply manager job title. But what industry to start with? Most supply managers actually find jobs in the manufacturing and technology industries.
If you're interested in becoming a supply manager, one of the first things to consider is how much education you need. We've determined that 50.8% of supply managers have a bachelor's degree. In terms of higher education levels, we found that 10.2% of supply managers have master's degrees. Even though most supply managers have a college degree, it's possible to become one with only a high school degree or GED.
Choosing the right major is always an important step when researching how to become a supply manager. When we researched the most common majors for a supply manager, we found that they most commonly earn bachelor's degree degrees or associate degree degrees. Other degrees that we often see on supply manager resumes include master's degree degrees or high school diploma degrees.
You may find that experience in other jobs will help you become a supply manager. In fact, many supply manager jobs require experience in a role such as purchasing manager. Meanwhile, many supply managers also have previous career experience in roles such as buyer or senior buyer.