Supply Chain Management Minor

The Supply Chain Management (SCM) minor presents an additional, separate and unique, program of study for BIA majors and minors, as well as other majors in the business school. By adding a major in Supply Chain Management to the existing curriculum, students will obtain the specialized knowledge required for supply chain decisions and efficiencies in operations. This area of study has been around for many years, but with major disruptions and increased technical applications, is one of the most important frontiers in industry and will be important for many years to come.

The SCM minor provides official recognition of the specialized nature of a student’s educational background, enabling students to more effectively communicate this information to potential employers. According to the Council on Supply Chain Management Professionals:

“Supply chain management encompasses everyone involved in maintaining the supply chain. Behind every product you use – electronics, coffee, clothing, lawn mowers – there are SCM professionals making it possible to get your products better, faster, and cheaper.

Each year, these products get bigger and better, yet the prices drop. How is it possible? It’s the end result of SCM professionals working together – LCD glass panel fabricators in South Korea, semiconductor manufacturers in Taiwan, television assembly plants in Mexico. These global partners collaborate across time zones and oceans to decrease costs and increase performance in ways no single company ever could.

In essence, supply chain management integrates supply and demand management within and across companies. Companies like Dell, Nokia, Proctor & Gamble, Toyota, and Walmart consider SCM to be a key factor in their overall success.

Not only is supply chain management important to the world’s leading organizations, this fast-paced, global field offers tremendous employment opportunities. Nearly every size and type of organization needs motivated, well-prepared individuals to become their supply chain leaders.

Supply chain management has a language of its own and numerous acronyms that are used in the industry. In fact, there are thousands of terms specific to managing supply chain processes. These terms are generally explained in supply chain textbooks, but you can also access online supply chain tools that discuss the meaning of logistics and supply chain terms.”

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