Description

Vice-presidents (VPs) in supply chain management will be accountable for overseeing all the crucial aspects of the supply chain process within their organization. They are responsible for monitoring their proper functioning and directing a group of employees to meet the company's goals quickly. They work with suppliers, come up with creative solutions to problems in the supply chain and then report on their performance in the direction of the supply chain director or the supervisor of their division. In all their tasks the vice presidents in charge of the supply chain have to adhere to strict guidelines concerning supply chain processes and work to reduce the utilization of resources within the company while maximising profit.

Vice-presidents in supply chain management oversee compliance with regulations and conduct the planning of products. They review the business information and make crucial decisions based on their own observations and experiences. Their primary responsibilities also include managing inventory, coordinating the cost of transportation and routes, deciding regarding distribution and warehousing methods, and establishing solid business relations with vendors.

An undergraduate degree in Supply Chain Management or business administration, logistics or any related area is required for this position. Experience in the field of supply chain management is usually mandatory or preferable as well as leadership certifications could be an advantage. Vice-presidents in supply chain management should have strong interpersonal skills and a keen eye for details, and a an analytical mind. They should be driven by results who are adept at establishing and monitoring cost reduction initiatives. They operate in a highly-spaced work environment which requires rapid thinking and efficient multitasking.

Roles & Responsibilities

As a Vice President VP, Supply Chain Management with 6-9 years of experience in the United States, your main responsibilities include:

  • Developing and implementing strategic initiatives to optimize supply chain efficiency, reduce costs, and improve overall performance.Streamline processes, enhance collaboration with suppliers, and implement advanced technologies.
  • Overseeing inventory management, demand planning, and forecasting to ensure timely availability of products and materials.Monitor inventory levels, analyze demand patterns, and collaborate with cross-functional teams to meet customer expectations.
  • Managing vendor relationships and negotiating contracts to secure favorable terms and conditions.Evaluate vendor performance, drive competitive pricing, and maintain strong partnerships for sustainable supply chain operations.
  • Leading a team of supply chain professionals and providing guidance in areas such as procurement, logistics, and distribution.

Qualifications & Work Experience

For the Vice President (VP), Supply Chain Management job role, the following qualifications are required:

  • Extensive experience in supply chain management with a proven track record of successfully optimizing processes and driving operational efficiencies.
  • Strong leadership skills to effectively manage and lead cross-functional teams, promoting collaboration and achieving business objectives.
  • In-depth knowledge of supply chain strategies, including demand planning, inventory management, logistics, and procurement.
  • Excellent problem-solving and decision-making abilities to analyze complex supply chain issues, identify root causes, and develop innovative solutions.

Essential Skills For Vice President (VP), Supply Chain Management

1

Strategic Mindset

2

Supply Chain Management Software

3

Leadership

Skills That Affect Vice President (VP), Supply Chain Management Salaries

Different skills can affect your salary. Below are the most popular skills and their effect on salary.

Supply Chain Analytics

1%

Strategic Negotiations

4%

Leadership

4%

Career Prospects

The Vice President VP, Supply Chain Management is a crucial role responsible for overseeing the supply chain operations. For professionals in the United States with 6-9 years of experience, there are several alternative roles to consider within the supply chain field. Here are following options:

  • Director of Logistics: This role involves managing all aspects of logistics and transportation, optimizing efficiency, and ensuring timely delivery of goods.
  • Operations Manager: A position focused on streamlining operations, improving productivity, and implementing effective strategies to enhance overall supply chain performance.
  • Inventory Control Manager: This role entails overseeing inventory levels, implementing inventory control systems, and ensuring accuracy in tracking and managing inventory.
  • Demand Planning Analyst: A position focused on analyzing data, forecasting demand, and optimizing inventory levels to meet customer demand while minimizing costs.

How to Learn

The Vice President (VP) of Supply Chain Management role is projected to experience substantial growth in the US market. According to a 10-year analysis, it is expected to see a consistent increase in demand. With globalization and increasing complexity in supply chains, the need for skilled professionals in this field is in high demand. The position offers a wide range of employment opportunities across various industries. As per Google data, the projected growth rate for this role remains positive, indicating a promising future for potential candidates interested in pursuing a career in supply chain management.