Supply Chain Management Minor
What is supply chain management?
A supply chain encompasses all entities such as manufacturers, suppliers, transporters, warehouses, retailers and even customers that are involved, directly or indirectly, with the flow and transformation of goods, services and information in fulfilling an end-user request. Supply chain management (SCM) is the integration of the activities of these entities through improved supply chain relationships, to achieve a sustainable competitive advantage.
An organization’s supply chain performance influences its operational, financial and reputation risks and thus the management of its supply chain has become increasingly important and visible for corporate survival and success. Therefore, the job of a supply chain manager extends beyond the scope of efficiency and value, into the realm of competitive advantage.
Why complete a Supply Chain Management minor?
The objective of this minor is to give Management students an opportunity to learn about operations--one of the core functional areas of any business. Courses within this minor will be focused to enable downstream professional accreditation such as the Certified Supply Chain Professional (CSCP), Certified in Production and Inventory Management (CPIM), and Supply Chain Management Professional (SCMP).
What programs offer a Supply Chain minor?
A four-course minor in Supply Chain Management is available as an adjunct to all majors in the following programs:
- Combined Degrees:
- Arts & Science - BA/BMgt or BSc/BMgt
- Health Sciences - BHSc/BMgt
- Education - BMgt/BEd or Post-Diploma BMgt/BEd
- Four-year Bachelor of Management
- Post-Diploma Bachelor of Management
- Bachelor of Management as a Second Degree
- Management Certificate
In some cases, achievement of the minor and a chosen major will require a student to take extra courses. For students who complete all the requirements, the minor will be acknowledged on the official transcript.
What courses will I take in a Supply Chain Management minor?
What career opportunites are available in Supply Chain Management?
There are many job openings in this new field in manufacturing, government service sectors, oil and gas industries, retail industries, education and health sectors. Even medium-sized manufacturing operations are looking for SCM expertise.
The University of Lethbridge Management Co-op program office currently has employers who have hired co-op students in supply chain-related positions.
The summary of duties of these kinds of positions includes:
- analyzing and optimizing work and business processes
- interfacing directly with Logistics, Manufacturing, Sales, and Research
- gaining exposure to manufacturing processes, consumer packaging, logistics, business to business marketing, business to consumer marketing, and business planning and analysis
- warehousing and receiving
- inventory management
- purchasing of specific commodities
- contract administration
- direct charge purchasing
- assisting the acquisition process (including preparing and issuing competitive bids, evaluations, and contract preparation)
- assisting with the data gathering and planning in preparation for supplier negotiations
- assisting with the review and collaborating with business partner, Law, and Risk Management in the analysis and recommendation of any outstanding contract terms and conditions
- participating in establishing supplier performance measures and assisting in ongoing supplier performance management
- assisting with developing presentations to various business partners
- gathering and analyzing spend data for specific geographic areas, commodities, or partners
- assisting with the development of the Supply Chain newsletter
- researching training programs for Purchasing and Inventory Management
- working with Human Resources to assist in building infrastructure and implementation of process improvements in an effort to lean out and improve existing processes
- supporting labour analytics and reporting in an effort to manage costs
- working in a supporting role to the Financial Planning and Systems, with an emphasis on supporting initiatives to continually improve the system and processes
Summary of Skills/Attributes required:
- Candidates must have a demonstrated high level of academic achievement, good communication and interpersonal skills, be self-motivated, and must be a team player.
- Proficiency using Microsoft Word, Excel, and PowerPoint
- Demonstrated experience working in teams
- Strong verbal and written communication skills
- Strong analytical skills
- Problem solving skills
- Self starter, well organized, and able to work with minimal supervision
A minor in Supply Chain Management is the right step in acquiring these skills.