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The Rise of Women in the Supply Chain Industry

The importance of women in the supply chain industry has been proven by the fact that only one-third of managers at top companies in the world are women, and that companies with more gender diversity have a better return on equity (ROE) than those with less.

The study conducted by McKinsey & Company revealed that female leaders tend to outperform their male counterparts when it comes to managing profitability and shareholder value. The study also showed that firms with greater representation of women in management produced higher returns, and McKinsey & Company believes this is due to women possessing a higher ability in communications.

It is important for businesses to have diverse leadership teams in order for the company to attract more female applicants. In addition, having more women leaders will help balance out the workforce and improve overall productivity. Diversity also increases creativity, makes companies more innovative, and helps reduce bias within organizations. These benefits are all positive aspects of having a diverse company culture.

Why Aren’t There More Women in Supply Chain

In the modern day, supply chains are becoming increasingly important. Companies rely on suppliers to provide them with the parts and resources they need in order to manufacture their products. Supply chains are also responsible for supplying items such as food, water, and fuel. Women make up a large percentage of the global population, but only a small fraction of employees in supply chain industries such as manufacturing.

In 2016 there were around 22 million employed women in America which is less than 4% of the total American labor force. A report by McKinsey & Company found that companies that have more women in leadership positions tend to make more money than those with an all-male leadership. The study was conducted on 246 companies from across the globe and studied what each company did with their gender pay gap. The researchers found that the median return to its investors was 9% for female-led firms and 13% for male-led firms, marking a 30% advantage for female-led firms.

How to Encourage More Women to Explore Careers in the Supply Chain Industry

Women have always been a vital part of the supply chain industry. However, it is not as well-known that women are a major force in the distribution, logistics, and transportation industries. There are many women who are interested in exploring careers in the supply chain industry, but they might be discouraged by some of the common misconceptions.

The supply chain industry is a great place for women to explore their career options. It offers a wide range of opportunities and provides ample space for creativity and innovation. The industry is also evolving at a fast pace, with new technologies being introduced all the time, so there’s plenty of room for growth and progression.

The misconceptions about this industry may be discouraging women from exploring it further. Women have been largely absent from supply chain careers in the past, but that’s not because they can’t do it or don’t want to do it. Rather, these misconceptions have been discouraging them from taking up such careers.

There are many reasons why women should explore careers in this industry, such as:

  • Women have an opportunity to be part of a rapidly changing and growing field
  • Supply chain careers can be flexible and can allow for more time with family
  • The supply chain field has many opportunities for women who want to make a difference in the world

What is the Traditional Career Path for a Woman Working In Supply Chains?

The traditional career path for a woman in supply chains is to start out as a clerk and then progress to jobs such as warehouse manager, distribution manager, or logistics manager. This is due to the fact that there are more men in this profession, and this is seen as the most prestigious position.

Women can also work as a general manager, operations manager, or transportation manager. Women can also work in material management, supply chain management, or warehousing.

Women make up over half of the workforce in the United States. However, they are underrepresented in supply chain management. In order to get into the field of supply chain management, women need to start by getting an education in business administration or logistics at the undergraduate level.

Female Leaders Who Have Made Their Mark on the Supply Chain Field

The supply chain industry is a male-dominated field. With only 9% of women working in it, it is one of the most gender-unequal industries in the world. However, there are still some women who have made their mark and succeeded in the industry. These women have proven themselves as a leader and an inspiration to many people in the industry.

1) Susan E. Brennan-Cox

2) Margaret H. Whitman

3) Meg Whitman

4) Marissa A. Mayer

5) Irene Rosenfeld

6) Ursula Burns

7) Indra Nooyi

8) Christine A. Day

9) Anne M. Mulcahy

10) Ellen J. Kullman

Conclusion!!

All in all, women are putting in more efforts to develop their own area within the field of supply chain and logistics. It will not be very late that they will occupy a major portion in this business field as well.

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