BS Major in Supply Chain and Marketing Sciences

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1 BS Major in Supply Chain and Marketing Sciences RBS Newest and Fastest Growing Major Learn more go to Rutgers Web site and search Undergraduate Major SCM Dr. Lei Lei, PHD Department Chair Paul Goldsworthy Instructor and Senior Industry Advisor

2 Global Supply Chain for Jeans Thailand Yarn to Fabric and Buttons Singapore Cut Pattern Malaysia Fiber to Yarn and Thread Indonesia - Sewing India - Labels China - Remove Impurities Hong Kong - Zippers U.S. - Cotton Singapore Sew Designer Labels

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4 SCMMS Draws on Multiple Skill Sets Total Quality Management R & D Engineering Manufacturing SCM Marketing Accounting / Finance Law Inform. Tech.

5 Do you like. Meeting new people Solving problems Traveling domestically and internationally Learning how products are made How products get from one place to another Working on teams Being rewarded and recognized for your work Having every day different from the day before

6 A Sample of Work in the Life of a SCM Professional Working on a team with Marketing, R&D, Finance, Manufacturing and IT for your company s new product development Identifying the best potential suppliers to make critical parts of your company s new product. Visiting those suppliers anywhere in the world and touring their facilities Meeting Sr. Executives at the suppliers to discuss your company s requirements Presenting to your Sr. Management your findings and recommendations Negotiating with suppliers using your legal staff to make sure the proper contracts are included Attending Training seminars to keep your skills up to date

7 How Secure is a Career in SCM? Recessions & Economic slowdowns require cost cutting CEO s / CFO s look to SCM professionals as 40-50% of company s costs are with 3 rd party suppliers Risk evaluation is critical to ensure companies have viable suppliers Companies rely on SCM professionals as they are trained in these areas Boom & economic growth requires innovation Develop strong suppliers to handle increased growth Lead project teams that develop and launch new products Find new suppliers capable of introducing alternative materials, processes and services

8 Supply Chain Management Salary Trends According to a recently completed Industry Week's 2010 Salary Survey, the average supply chain manager in the manufacturer sector was $98,130, up slightly from In another salary survey from the Institute for Supply Management (ISM) (Procurement), the average annual salary was reported in their 2010 Salary Survey was $98,200, again up slightly from Lastly, Logistics Management published their 26th Annual Salary in March, indicating the median salary for logistics professionals was $88,000 in 2010, up over $3000 from Despite the recent challenging economic environment, compensation for supply chain management remains competitive. In these studies, both education and experience continue to be the leading factors in salary rates. In a recent study (2010), SCM-MBA degree professional showed 36% improvement over a bachelor s degree. [1] [1] Ilya Leybovich, 2010 Supply Chain Salaries, Industry Market Trends, June 22, 2010.

9 Dream Jobs: Six-Figure Salaries and a Bright Future from March 3, 2011 CBS Market Watch Global Supply Chain Manager Salary: $135,000 Projected job growth: 10 percent by 2012 Training Required: Those with operations, purchasing, or logistics education and/or experience have the best chance of getting into this field. Global supply chain managers are the unsung heroes of companies who have to get products from point A to B, on time, and on budget- and now across continents and time zones as well. The job calls for calm problemsolving ability, high tech handiness, and diplomatic skill a triple threat that s hard to find. According to industry analysts, there is a growing shortage of these specialists as companies streamline and speed up every link in the supply chain to stay competitive.

10 Careers in SCMMS Sr. VP, Supply Chain Management Vice President, Strategic Sourcing Buyer/Senior Buyer Procurement Director Director, Strategic Planning Supplier Relationship Manager Director of Contracts, Pricing and Procurement Purchasing Agent/Analyst Materials Analyst Director, Supply Chain Management Logistics Director Demand Manager Vice President,Supply Chain Management Senior Procurement Specialist Director, Contracts and Procurement Materials Manager Procurement Manager Operations Manager Commodity Manager Sr. VP, Operations Six Sigma/Lean Manager Inventory Manager Director of Corporate Materials Vice President/Director of Procurement and Supplier Quality Manager New Product Procurement Planner Vice President, Supply Management Distribution Manager Director, Worldwide Procurement Supplier Management Analyst Director of Supplier Quality & Procurement Vice President Customer Service & Logistics Production Planning Manager Team Leader-Key Accounts Supply Manager Chief Procurement Officer Supply Chain Manager

11 1 Penn State 14.5 Lehigh 3 Georgia Tech 14.5 Marquette 3 Arizona State 16 Syracuse 3 Rutgers 19.5 Indiana 5 Michigan State 19.5 South Carolina 6 University of Texas/Austin 19.5 Auburn 7.5 Ohio State 19.5 Texas Christian 7.5 University of Wisconsin/Madison 19.5 University of Nevada/Reno 9.5 Texas A&M 19.5 Kansas 9.5 Tennessee 23 North Texas 12 Maryland 24.5 Iowa State 12 Western Michigan 24.5 Rider 12 Stanford

12 1 Penn State 14 University of Wisconsin/Madison 2 Michigan 15 University of Texas/Austin 3.5 Michigan State 16 Texas A&M 3.5 Rutgers 17 Indiana 5 Arizona State 18 South Carolina 6 Syracuse 19 San Diego 7 MIT 20 Florida 8 Ohio State 21 Maryland 9 Georgia Tech 22 NC State 10 Tennessee 23 Oklahoma 11 Stanford 24 Kansas 12 Lehigh 25 Auburn 13 University of Texas/Dallas

13 Rutgers SCM Facts 100% of Juniors obtained co-op or internships 2009 and 2010 Co-op pay range $16.50 to $20.00 per hour 90% of graduating seniors in 2010 landed jobs by July 2010 Average starting salary $54,000 (range $46,000 to $60,000) 50% of graduates are double majors Hiring Companies Goldman Sachs, Morgan Stanley, Accenture, Toys R US, M&M Mars, Citi Group, L Oreal, Phillips Lighting, Becton Dickinson, Kraft, J&J, Bristol Myers Squibb, Goya Foods, Ferrero Foods, Barclays, Verizon. Rutgers, Unilever, Met Life, Panasonic

14 Scholarships Corporate SCM Honors Scholarship (company sponsorships) - $2000 plus internship or co-op Johnson & Johnson - BMS Novartis - L Oreal Panasonic - Rutgers Procurement Unilever - DHL Burlington Coat And more ISM Scholarships - $1000 plus trip to annual convention CSCMP - $250 - $1000 plus trip to annual convention Chancellor's Newark Scholarship for Minority Leadership in SCM - $2000 each ( for 2011/2012 academic year) Academic Excellence Awards - $1000 each

15 Scholarships How Many are Available Corporate Honors Track Scholarships 14 + Institute for Supply Management 2-4 Council of Supply Chain Management Professionals 2-6 Chancellor's Scholarship for Minority Leadership in SCM 3 Academic Excellence Awards 3 Available Scholarships and Growing

16 Student Activities, Certification and Special Topic Courses SCM student club - Active on campus with direct links to outside companies Real life industry experience before graduation - Client projects - Guest executive speakers - Six Sigma, ERP/SAP, Project Management courses - Certificate programs 23 Industry Corporate sponsors - Help develop the course curriculum based on industry needs, hire our graduates, sponsor on site events, etc. Case Competitions - ISM - APICS - Johnson & Johnson - Regional SCM competition at Michigan State