Business

Benefits of Supply Chain Management Graduate Certificate Online in 2022

 

If you’re a recent college graduate, you might be wondering how you can improve your salary, job prospects, and value for your future employers. There’s an easy way to accomplish all of these with the help of a supply chain management certificate online! Now, more than ever, it’s important to improve your education and stand out among the competition so you can begin to experience all the benefits of having a graduate certificate, especially one in supply chain management.

What is Supply Chain Management?

Supply chain management is the practice of managing the flow of goods and services, overseeing the development of raw materials all the way into goods that can be sold to consumers. For instance, you might be involved in the overseeing of coconuts from their shipment in the Caribbean, coming to the United States, and then being processed into coconut oil, coconut water, or other goods.

This supply chain is vital to American consumerism and also agriculture. There is virtually no business that does not have its own supply chain. Even farmers that grow their food need help from the supply chain to provide food for their plants, use pesticides, and ship their goods to other parts of the country.

As a supply chain manager, you will oversee this vital part of the American economy.

The Supply Chain in 2022

Unfortunately, the supply chain is in drastic turmoil, ever since the start of the COVID-19 pandemic and ongoing war in certain Eastern European countries. These factors have wreaked havoc on a supply chain that has already been impacted numerous times by the global pandemic.

Some of the many struggles the current supply chain faces include:

  • Halt in productions due to changes in protocol, employees getting sick, and putting employee health first
  • Increase in costs of material due to rising inflation
  • Conflicts in Eastern Europe that have lead to drastic changes in the availability of raw materials and price hikes
  • Lack of truck drivers
  • Microchip shortage, which has impacted industries from the automotive industry to technology companies

What Companies Need

Right now, what companies need most are people who are skilled in understanding the supply chain issues, and who have the practical skills and applicational knowledge to find solutions for these supply chain issues.

Now, more than ever in 2022, it’s important for companies to hire the right individuals that:

  • Can provide the knowledge and skills necessary to improve production
  • Prevent halts in the supply chain
  • Increase revenue
  • Streamline operations.

Benefits of a Graduate Certificate

A supply chain management graduate certificate online can give you the skills necessary to understand the supply chain and become an expert in managing these issues.

In addition, a graduate certificate is less costly than a master’s degree and can be obtained at a lower cost in just a few semesters. For online certificates, other benefits include:

  • Saving money on transportation
  • Keeping your full-time or part-time job while you study
  • Flexibility for stay-at-home parents or those with young children
  • Less money on tuition
  • Better learning environment for people that need additional resources, such as PowerPoint presentations 

By obtaining a supply chain management graduate certificate, you can help improve your chances of being hired by a logistics company as a manager or as a consultant. The salary for someone with a graduate certificate is also better than for someone with only a bachelor’s degree.

People with graduate certificates earn an average of 15% to 25% more than those without one, according to Forbes magazine. With the global pandemic leading to more and more job loss and insecurity, it’s vital to gain as many skills as possible to increase your chances of obtaining a steady job with a good starting salary.

Final Thoughts

Not only can a supply management degree help you improve your skills in logistics and operations, but it can also help you improve your overall job prospects and potential income. In 2022, the supply chain continues to struggle, as companies scramble to find the best, most talented individuals to help them stay afloat and problem solve.

There’s no better way to prove you’re the right person to keep a company alive and improve their supply chain logistics than with a supply chain management certificate online.