Supply Chain Manager Salary in India - Skills, Qualifications, Job Role
A Supply Chain Manager is a professional responsible for moving goods from manufacturers and suppliers to customers. He or she oversees and manages each stage of the production flow from purchase of raw materials to delivering the final product. It is the responsibility of the Supply Chain Manager to ensure that the right amount of product is made at the right time. He or she coordinates the storage of product. The role of Supply Chain Manager is to organise the movement of goods from distribution centers to customers and stores. It involves forecasting trends as well as inventory management.
Supply Chain Management involves managing the flow of goods and services. It includes transforming raw materials into finalised products. It includes active streamlining of a business’ supply side activities in order to maximise the customer value and gain competitive advantage. Supply chain management ensures minimising the excess costs and delivering products to consumers quick.
Functions of Supply Chain Manager
Sourcing Products: A Supply Chain Manager is responsible for working with procurement managers and buyers to source the appropriate products.
Management: The role of Supply Chain Manager comes with the responsibility of planning and implementing logistics strategy. He or she ensures that targets are met. Supply Chain Manager oversees product storage, handling and its distribution.
Negotiation: Supply Chain Manager job involves negotiating contracts with suppliers and customers. He or she controls manufacturing and delivery processes. The role of Supply Chain Manager involves managing cost and maintaining quality at same time.
Forecasting: Supply Chain Manager works on forecasting and inventories. He or she keeps an accurate record of the process and analyses performance.
Making Improvements: A Supply Chain Manager job involves improving the overall supply chain performance. He or she manages and motivates supply chain staff as well as minimises the risks affecting supply chain.
Also Read: Career as Air Freight Manager
Supply Chain Manager Skills
Budget Management: A Supply Chain Manager is responsible for managing budget. He or she must understand how to optimise resources with data analytics. A Supply Chain Manager utilises tools such as stagger charts, excel spreadsheets and ERP software.
Communication: A Supply Chain Manager must possess excellent communication skills. He or she is required to collaborate with third parties and employees in various sectors such as shipping and warehousing.
Data Analytics: Analytics is a crucial aspect of Supply Chain Management He or she analyses best shipping routes, optimises budgets as well as identifies production inefficiencies.
Flexibility: Flexibility directly contributes to improving business success. It is believed that companies having the ability to move operations between facilities generates more profit than organisations with rigid operations.
Information Technology Skills: Information Technology contributes to improving business capabilities. AI and advanced algorithms leverage data in making crucial decisions. Similarly blockchain improves tracking and record keeping processes.
Also Read: A Career as Logistician
Supply Chain Manager Qualifications
Aspirants who want to become Supply Chain Manager are required to complete an undergraduate level of qualifications in supply chain management. For senior-level positions, employers prefer to hire candidates with an MBA in Logistics and Supply Chain Management.
Supply Chain Manager Job Prospects
Supply Chain Manager is one of the fastest growing professions. Employers prefer Supply Chain Managers having knowledge of modern software and tools. Supply Chain Management careers involve scheduling, purchasing, warehousing, packaging, assembling and other tasks. If the Supply Chain stops functioning, then the larger business will also not work. Supply Chain Managers are required to cut out the excess costs. They are responsible for implementing methods to ensure supply chains remain sustainable. Technologies such as automation and big data make it possible for complex calculations that provide support in saving resources as well as super-charge innovation.
Supply Chain Manager Salary
The Supply Chain Management salary in India varies depending on various factors such as candidates’ skills, qualifications and employing organisation. The average Supply Chain Manager salary in India is Rs. 887374 per annum. We have provided here insights of Supply Chain Management jobs salary in India.
Average Salary of Supply Chain Manager in India
| Experience | Average Salary |
|---|---|
0 -1 year | Rs. 347482 |
1- 4 years | Rs. 501692 |
5- 9 years | Rs. 877364 |
10- 19 years | Rs. 1220023 |
The entry-level experienced average salary of Supply Chain Manager in India is Rs. 347482 per annum. A mid-level experienced Supply Chain Manager salary in India is Rs. 877364 per annum. A senior-level experienced average salary of Supply Chain Manager in India is Rs. 1220023 per annum.
(Source: payscale.com)
Top Supply Chain Manager Cities
The Supply Chain Salary in India also varies depending on the organisation’s geographical location. Supply Chain Managers employed at Gurugram, Haryana earn 51.6 per cent higher salary than the national average. Those employed at Bengaluru, Karnataka earn 21.7 percent higher salary while Supply Chain Managers employed at Chennai, Tamil Nadu earn 12.4 per cent higher salary than national average.
(Source: payscale.com)
Top Supply Chain Manager Employers
We have provided here details of top Supply Chain Manager employers with the average salary provided by them to these professionals.
Hyundai Motor India Ltd.: Rs. 1251954
Maruti Suzuki: Rs. 775000
Mahindra and Mahindra Ltd.: Rs. 952880
Also Read: Career as Purchasing Manager
Conclusion
Supply Chain Management careers come with varying types of job opportunities. Skills such as communication, analytics, problem solving and time management are crucial for a career as Supply Chain Manager.