Vice President (VP), Supply Chain Management Salary
|Salary||$109,319 - $222,142|
|Bonus||$12,822 - $65,554|
|Profit Sharing||$0.00 - $45,615|
|Total Pay (||$123,928 - $270,160|
Job Description for Vice President (VP), Supply Chain Management
Vice presidents (VPs) of supply chain management are responsible for managing all crucial aspects of the supply chain processes in their company. They are in charge of overseeing their correct functioning and motivating a group of individuals to achieve company goals in a timely manner. They interact with vendors, find innovative solutions to supply chain issues, and report their progress to the supply chain president or supervisor in their department. In all tasks, vice presidents of supply chain management must follow strict regulations regarding supply chain processes and strive to minimize use of company resources while maximizing profitability.Read More...
Vice presidents of supply chain management coordinate regulatory compliance, as well as conduct product planning. They analyze business data and make key decisions based on their observations and experience. Their main functions also include performing inventory management, managing transportation costs and routes, making decisions on warehousing and distribution methods, and developing strong business relationships with vendors.
A bachelor's degree in supply chain management, business administration, logistics, or a related field is required for this job. Previous experience in supply chain management is generally required or preferred, and leadership certifications may be a plus. Vice presidents of supply chain management must possess strong interpersonal skills, excellent attention to detail, and strong analytical skills. They must be results-driven individuals that are proficient in creating and monitoring cost-reduction initiatives. These professionals work in a fast-paced environment that requires quick thinking and effective multitasking.
Vice President (VP), Supply Chain Management Tasks
- Develop company supply chain strategy that meets company performance objectives and customer expectations.
- Optimize routines to ensure delivery of supplies and improve supply chain metrics in terms of cost and service.
- Maintain compliance and minimize company risk in regards to environment, health, and safety (EH&S).
- Develop supply chain management best practices in areas such as systems integration and optimization, inventory control, and demand planning.
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