Is supply chain management beneficial? Specifically in physical trading?

Hey guys,

Are there any ex-supply chain management people/supply chain majors who work in physical commodities/energies trading or even in financials/derivates/market making? I see there are lots of people in this industry who have engineering backgrounds. 

Cheers 

 

Im in physical commodities, not energy. One of our senior traders was not a supply chain major but had a supply chain background at the beginning of their career. I would say it helps, because it teaches you to understand product flows and the importance of logistics in this job, but its not the reason why they are where they are in their career. It is the soft skills to build the relationships and a book of customers to be successful. Physical Trading is transforming through time, space, and form. Supply chain experience gives an insight into advantages in how to transform through space

 

In my opinion, a supply chain management degree (or formal training) isn't particularly useful. I have an economics degree, and have several years experience in commodities operations.

College supply chain management programs probably make it seem more academic than it is. Whereas I've found operations in commodities to all be about 1) thinking on your feet 2) being able to communicate your way out of problems 3) being able to handle stress.

None of those things can really be taught through some university course showing you GANTT charts or Microsoft project management tools  

 
Most Helpful

Iste quam odio voluptatem laborum sed. Suscipit modi eos iure deleniti ipsa esse dolores. Maxime earum aliquid aut porro ipsa dolores est. Odit et dolor est cumque.

Distinctio dolore rerum dolorem. Odit eos veniam sint aliquid. Enim est et libero veritatis ut adipisci quo.

Array

Career Advancement Opportunities

May 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Lazard Freres No 98.8%
  • Harris Williams & Co. 25 98.3%
  • Goldman Sachs 17 97.7%
  • JPMorgan Chase 04 97.1%

Overall Employee Satisfaction

May 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

May 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

May 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (21) $373
  • Associates (91) $259
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (68) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
BankonBanking's picture
BankonBanking
99.0
3
Betsy Massar's picture
Betsy Massar
99.0
4
Secyh62's picture
Secyh62
99.0
5
GameTheory's picture
GameTheory
98.9
6
CompBanker's picture
CompBanker
98.9
7
dosk17's picture
dosk17
98.9
8
kanon's picture
kanon
98.9
9
Linda Abraham's picture
Linda Abraham
98.8
10
bolo up's picture
bolo up
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”