The Job Market for MS GSCM Graduates
Logistics explores the management and control of the flow of goods and information. In the business world, the focus of logistics is within the organization, i.e., the flow of goods and information into, within, and out from one organization.
Supply chain management focuses on the flow of goods, information, and related finance across multiple organizations.
The Master of Science in Global Supply Chain Management (MS GSCM) program at the University of Alaska Anchorage prepares graduates to begin or advance their careers in all areas related to logistics and supply chain management.
Past graduates of the Masters of Science degree are now working in a variety of interesting positions in supply chain management, including supply chain specialists, procurement officers, logistics managers, corporate directors, and company presidents. Our graduates work across a broad spectrum of industries, too, such as transportation, procurement, oil and gas, medical and health services, national and state government, manufacturing, and third party service providers.
According to the “Occupation Outlook Handbook” of the U.S. Bureau of Labor Statistics, the need for logisticians (those who analyze and coordinate an organization’s supply chain) will grow by 7% from 2016 to 2026. Supply Chain 247 reports that there is a strong need for mid-level managers in logistics and supply chain management, and companies are willing to pay for talent. Supply Chain 247’s annual salary survey found that the average base salaries for logistics managers and supply chain managers were $104,705 and $111,994 respectively. The survey also found that the exodus of retiring baby boomers and the need for logistics and supply chain managers with soft skills, especially communicating effectively with the various players across the supply chain, makes finding qualified logistics and supply chain managers particularly challenging.
In this job market favorable to logistics and supply chain managers, having a graduate education that focuses on the technical knowledge and soft skills of supply chain management can put you in a prime position to compete for the jobs you want.