Career Profile (Salary, Job Titles, Grad School Data)
The Operations Management major develops concepts and skills for crafting innovative ways to deliver a firm's goods and services. A process management major typically combines a thoughtful, goal-oriented approach to projects with the business skills necessary to manage systems, people, ideas, and capital. Graduates might start as an operations or strategy consultant, a project manager, a supply chain analyst, or a quality management professional.
How is Operations Management Different from Supply Chain Management? The major difference between supply chain management and operations management is that supply chain is mainly concerned with what happens outside the company – obtaining materials and delivering products – while operations management is concerned with what happens inside the company.
General Management: Professionals in this field oversee the day-to-day operations of goods, services, and employees. Managers are in charge of executing company goals. Most new hires will enter into a management training program that will last between 18-36 months.
Supply Chain Management
- Logistics: Responsible for performing market analysis of vendor competitiveness, support analysis for contract negotiation and review, tracking vendor performance, executing modal analysis, analyzing cost, risk, and service, analyzing transportation asset utilization and optimizing distribution networks.
- Supply Chain Analysis: Work with third-party suppliers and contractors with emphasis on supply/demand market analysis, supply source strategy development, management information systems, financial analysis, bidding and negotiating, contracting, supplier relationship management, and performance management.
- Procurement: The contracting of goods and services with an emphasis on supply source development/analysis, goal setting, bidding, negotiations, and ethical considerations.
