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Supply chain management is the streamlining of a business' supply-side activities to maximize customer value and to gain a competitive advantage in the marketplace. Supply chain management (SCM) represents an effort by suppliers to develop and implement supply chains that are as efficient and economical as possible.REAKING DOWN 'Supply Chain Management-SCM'. Typically, SCM will attempt to centrally control or link the production, shipment and distribution of a product. By managing the supply chain, companies are able to cut excess fat and provide products faster.
A Bachelor's degree is generally a prerequisite for supply chain managers. A Supply Chain Manager will normally get a salary somewhere between 80000 to 120000 depending on the level of education. Supply Chain Managers will normally receive wages of One Hundred Four Thousand Seven Hundred dollars on an annual basis.Supply Chain Managers can get the best pay in the District of Columbia, where they can get pay of about $124070.People with this job title can get the best pay in Mining, Quarrying, and Oil and Gas Extraction, where they can receive average wages of $124280.The national wage distribution is shown below. Bachelor's degree is generally a prerequisite for supply chain managers. A Supply Chain Manager will normally get a salary somewhere between 80000 to 120000 depending on the level of education. Supply Chain Managers will normally receive wages of One Hundred Four Thousand Seven Hundred dollars on an annual basis.