Global trade is facilitated by a systematic set of mechanisms that guarantee goods are delivered promptly to customers across continents. This approach relies on exact coordination, quantifiable planning, and well-defined strategies rather than conjecture or innovation. Every product, including food, electronics, industrial machinery, and apparel, passes through a systematic flow that includes distributors, manufacturers, transporters, suppliers, warehouses and retailers.
Knowing which field supports this entire global mechanism is important for students who wish to pursue their higher education in this business major. While many business courses are important, only one major is in charge of facilitating cross-regional trade, ensuring that items are available, avoiding delays, and cutting expenses avoiding delays, and assisting with global business operations.
Because this business major creates the structural framework that links raw materials, producers, distributors, and final customers, Supply Chain Management or SCM,is called the backbone of global trade.
Which Business Major is called the Backbone of Global Trade?
The business major, which is called the backbone of Global Trade, is Supply Chain Management or SCM, which also includes areas such as Logistics. Business majors are frequently assessed by students based on worldwide relevance, industry demand, and career advancement. Due to its widespread use in global corporate systems, supply chain management satisfies all of these requirements.
The planning, management, and execution of the effective movement and storage of products, services, and associated data from the point of origin to the point of consumption across international borders make supply chain management and logistics important.
Given below are some of the important reasons why supply chain management is considered the backbone of global trade:-
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What are the career opportunities available after a Business major in SCM?
There are several functional pillars that make up the supply chain management. These pillars work together to produce a constant flow of goods and services rather than operating separately. Those students who pursue their higher education in supply chain management are introduced to various tools and techniques for structured decision-making that are employed in a variety of businesses.
Given below is a list of some of the career opportunities available for those students who wish to pursue supply chain management:-
| Logistics Manager and Coordinator | Transportation Planner and Manager |
| Procurement Manager | Warehouse Manager and Supervisor |
| Supply Chain Analyst | Capacity Planner |
Because it keeps the organised flow of commodities across international marketplaces, supply chain management is acknowledged as the backbone of global trade. It offers excellent academic instruction, industry applicability, and a broad range of employment opportunities.