What Is the Importance of Supply Chain Management in Operations Management?

What Is the Importance of Supply Chain Management in Operations Management?

Both operations and supply chain management are expected to offer value to the organisation by facilitating more efficient procedures and, eventually, increasing revenue. Indeed, the two jobs are inexorably intertwined in the achievement of those objectives. Supply chain management is in charge of the process by which the product is manufactured; without it, operations management would have no product to oversee.

Numerous businesses require supply chain and operations management, regardless of whether the organisation is delivering services, products, raw materials, data, or money to its consumers.

In smaller businesses, these jobs may also overlap or be fulfilled by the same individual or department, as the required skill set for both roles is comparable, including the following:

  • Organization \sDecision-making
  • Goal-setting
  • Leadership that transcends functional boundaries
  • Communication

What Is the Distinction Between Supply Chain and Operations Management?

The primary distinction between supply chain and operations management is that supply chain is mostly concerned with what occurs outside the firm – acquiring materials and delivering products – whereas operations management is primarily concerned with what occurs within the company.

This means that the supply chain manager is often responsible for negotiating contracts and evaluating suppliers, whereas the operations manager is frequently responsible for planning and supervising everyday operations and processes. While supply chain management activities are generally consistent across industries, operations management duties and responsibilities vary significantly depending on the type of product or service produced by the firm.

Which is Better for You: Supply Chain Management or Operations Management?
While both professions share many abilities and even overlap, prospective professionals should decide whether they prefer the external focus of supply chain managers or the internal focus of operations managers.

If worldwide markets, quality control, transportation and logistics, and value creation in the supply chain are more important to you, you may want to explore supply chain management. Alternatively, if you prefer to oversee production, planning, workflow, and staffing, an operations management position may suit you well.

Professionals interested in either industry should receive a bachelor’s degree in management, business administration, or a closely related field. Professionals frequently seek a competitive edge through extra degrees or certificates that provide in-depth understanding of essentials required for these professions. This may entail pursuing a Master of Science in Supply Chain Management or a Master of Business Administration degree (MBA).

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