Manufacturing Operations Vice President Jobs
Manufacturing Operations Vice President Overview
Devising policies and strategies to ensure the completion of company goals, manufacturing operations vice presidents plan, coordinate, and direct the various operational duties of manufacturing corporations. Reporting to a board of directors, vice presidents generally direct or oversee the company's budgetary and financial activities, consulting with the board members, staff, and other executives about the general operations. These chief executives approve and negotiate contracts by analyzing the financial statements, performance indicators, and sales reports, identify policies to cut or improve and appoint departmental managers. With an intense pressure to succeed, vice presidents often have numerous staff on hand to assist with the completion of daily tasks. Individuals who enter this industry need to be prepared to work long hours, including weekends and evenings. These chief executives often need prior experience in manufacturing and production management or in a similar role, such as a vice president of business development.
Manufacturing Operations Vice President Education Requirements
Most large manufacturing corporations only hire those who have a bachelor's or master's degree in business administration or a related field. Students take various introductory courses, covering the fundamentals of business operations, business communications, business information systems, and financial management. Most programs require students to complete subjects in social and natural sciences, humanities, math, and English, which will prepare them for the delegation of employees and overseeing of financial records. Aspiring vice presidents can increase their chances of advancement by earning a Certified Manager credential through the Institute of Certified Professional Managers, which entails passing three exams and successfully meeting the educational and experience requirements.
Manufacturing Operations Vice President Job Market
Recent statics show that the employment outlook for top executives is predicting an 11 percent increase by 2022, providing an additional 261,500 manufacturing operations vice president jobs across the United States. In order to be eligible for this position, most companies require individuals to have at least five years of managerial experience in the manufacturing operations industry.
Manufacturing Operations Vice President Salary
According to current studies, vice presidents in the manufacturing industry can expect a median annual salary of $168,140. Top executives just starting out in this role may earn around $76,220 per year, and those with additional credentials and experience may make more than $187,200 per year.