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While negotiations, price strategies, contracts and budgets are all common areas in which supply management professionals can expect to work in the future, supply management is a career that can be applied to virtually any area of interest. Supply management departments encompass many different positions at various levels, and supply managers are involved in a truly broad career directly impacting an organization's profit and success.
In the future, supply managers will need to be prepared to add product value, increase quality, reduce costs and increase profits by addressing the needs of external and internal customers through such tools as supplier relations, supplier selection, negotiations, operations, transportation, inventory, warehousing, benchmarking, e-commerce, recycling, technology and customer relations.
Whatever the specific area(s) of interest you choose to pursue, there's no question that supply management plays, and will continue to play, a significant role in business and will continue to be an exciting and influential career opportunity well into the 21st century!
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