If the goal of SCM is to provide high product availability through efficient and timely fulfillment of customer demand, then how is the goal accomplished?
Obviously, you need effective flows of products from the point of origin to the point of consumption. But there’s more to it. Consider the diagram of the fresh food supply chain. A two-way flow of information and data between the supply chain participants creates visibility of demand and fast detection of problems. Both are needed by supply chain managers to make good decisions regarding what to buy, make, and move.
Other flows are also important. In their roles as suppliers, companies have a vested interest in financial flows. As you can understand, suppliers want to get paid for their products and services as soon as possible and with minimal hassle. Sometimes, it is also necessary to move products back through the supply chain for returns, repairs, recycling, or disposal.
Take another look at the diagram. Do you see all the processes that have to take place at the different types of participating companies? What should this signal to you? That’s right - opportunity! Each company needs supply chain managers to help improve their flows of product, information, and money. Not only does SCM offer a wide variety of career options, these excellent paying positions will boost the amount of money flowing into your wallet!