SCM students and faculty visited the 2015 ProMat tradeshow and conference in Chicago which is the largest material handling and warehouse logistics event in the world. Student and faculty are pictured here with Apple's co-founder Steve Wozniak (seated).
What is SCM?
A method of managing procurement processes for an organization in which the procedures, methods, and sources are constantly re-evaluated to optimize value to the organization. Strategic sourcing, which is considered a key aspect of supply chain management, involves elements such as examination of purchasing budgets, the landscape of the supply market, negotiation with suppliers, and periodic assessments of supply transactions.
Except for the actual purchase price of items, transportation is the largest of all logistics costs. Transportation includes the management of modal and carrier selection, the negotiation of rates and services, and the scheduling of the delivery and services that transportation provides. Basically, successful transportation gets everything to where it is needed, when it is needed.
The overall management of the way resources are obtained, stored and moved to the locations where they are required. Logistics management entails identifying potential suppliers and distributors; evaluating how accessible and effective they are and establishing relationships and signing contracts with the companies who offer the best combination of price and service. A company might also choose to handle its own logistics if it is cost-effective to do so. Logistics has both domestic and global elements including transportation, warehousing, inventory control, material handling, packaging, and documentation.
The movement of goods and services from the source through a distribution channel, right up to the final customer, consumer, or user, and the movement of payment in the opposite direction, right up to the original producer or supplier.
Directing or conducting the activities necessary to reduce, eliminate or mitigate the impact of factors that could lead to injury, loss, damage or failure.
Inventories are stockpiles of raw materials, supplies, components, work in process, and finished goods that appear at numerous points throughout a firm's production and logistics channel. The inventory decisions involved in determining how much, where to locate, when to have, and many other issues are complicated and must look throughout the entire supply chain. The basic goal is to have the stuff you want where it is needed, when it is needed.
Q & A
Are scholarships available for SCM students?
Yes, there are numerous scholarships available through our program and many more available from outside trade organizations (such as CSCMP, ISM, MHI). We have approximately 10-15 scholarships available annually specifically for SCM majors ranging from $750 to $2000 each.
What opportunities will I have outside of the classroom that will help me grow in my knowledge and experience of SCM?
You will have the opportunity to get involved in the Supply Chain Management Student Association (SCMSA), attend SCM-specific recruitment events, attend numerous field trips to businesses, factories, distribution centers, trade shows, and conferences, and complete at least one internship.
What skills do I need to be successful in the SCM program?
The SCM field utilizes a wide-variety of skills including skills in relationship and team-building, communication, problem-solving, decision-making, logic and reasoning, and analysis. However, many of those skills will be learned. To be successful in the program, you must be able to apply logic and reasoning, possess some quantitative (math) and interpersonal (relationship, communication) skills.
What is the job placement rate for graduates of WIU's SCM program?
Currently in the field of SCM, demand for SCM graduates far exceeds the supply. In other words, job placement rates are near 100 percent.
What type of jobs are graduates getting and where?
The job possibilities with a degree in SCM are too numerous to list; however, our graduates are getting jobs with Fortune 50 companies, like Archer Daniel Midland (ADM), Deere & Co., and Caterpillar, as well as jobs with many other well-known companies. See the recruiting companies list for more examples. Additionally, graduates are getting jobs regionally, nationally, and even internationally with excellent starting salaries!
Download additional program details: The SCM Programs at Western Illinois University:
Meeting the Needs of Industry (pdf)