Masters in Industrial Engineering

Industrial Engineer

The fundamental task of an industrial engineer is to optimize manufacturing processes for their company. They are primarily concerned with finding better ways to utilize employees, machinery and other assets to improve operations within a plant. An industrial engineer generally studies reports related to efficiency of processes, checks the production rate and examines factors such as speed, quality control and workers’ safety. Post that, they make strategies which could include improving training, staffing, scheduling changes, using new machine tools or maintenance of existing hardware. An Industrial Engineer assists in maintaining effective standards of production, increasing productivity by carrying out better labor and production processes, and looking after staffing requirements and manufacturing methods through statistical and mathematical calculations.

Manufacturing Engineer

A manufacturing engineer is an expert in charge of researching and developing methods for designing, building, and shipping various items. They determine the best possible ways of using a piece of machinery and maximizing the efficiency of the assembly line workers. In seldom cases, manufacturing engineers also determine what new machinery or policies are required at a company. They perform broad research on existing technology and techniques to determine the most suitable equipment for usage and the stationing of the equipment on the factory floor. A manufacturing engineer also works on ways to improve worker safety and satisfaction. They even write training manuals, develop worker classes, and conduct performance reviews.  Manufacturing engineers work in organizations that produce goods such as building materials, consumer electronics, furniture, automobiles, packaged food, etc.

Business Analyst

The work of a business analyst is to examine data sets and documents to make informed conclusions and decisions. A business analyst facilitates proceedings within an organization to increase the efficiency of the internal departments. They thrive in a high-stress environment and can quickly adapt to the developing conditions of businesses. Generally, a business analyst reports data conclusions to their reporting supervisor to make appropriate judgment based on data. Business analysts are generally employed in financial and administrative industries. They are required to have sharp critical-thinking skills so that they can process huge amounts of information regularly.

Quality Engineer

The job of a quality engineer is to generate a specific plan for improving the business with external suppliers on a monthly basis. To effectively manage this job, quality engineers must be well-versed with computers with a bachelor’s degree in engineering and a minimum of three years of experience in quality insurance. Some major tasks of a Quality Engineer are -  to develop cost effective processes for discarded or rejected products, materials, and equipment that are not meeting required specifications; to confer and monitor inspection staff procedures, product specifications and project status; to develop and implement  manufacturing methods for inspection and testing to promote efficient staff and facility utilization; to plan and direct production and development operations to ensure conformance to specifications and make necessary process or assembly adjustments.

Supply Chain Analyst

A supply chain analyst assists in improving the performance of an operation by figuring out the requirements for a certain project and coordinating with engineers and quality assurance professionals to implement and test their new supply chain methods. Supply chain analysts process the substantial amounts of data and solve the existing problems within supply chains. They could also be entrusted with the task of improving the management structure of a warehouse stocking program, restructuring the supply chain process of material goods, and helping expand on a company's relationships with suppliers and carriers. Supply chain analysts translate business problems into a solution for information technology (IT) technicians and work with SQL analysis tools to find patterns and root causes to problems. Their major tasks are to obtain, analyze and interpret supply chain relevant data; analyse results to improve supply chain processes performance; and to reduce costs and perform analyses on the basis of data using analytical models and mathematical analysis.

Demand

The median pay for 2018 was $87,040 per year. According to the Bureau of labour statistics, the sector estimates to grow at rate of 8% from 2018 to 2028 which is faster than the average for all occupations. As Industrial engineers are not as specialized as other engineers, they are employed in a broad range of industries, including manufacturing industries, consulting and engineering services, research and development firms, and wholesale trade. This versatility arises from the fact that Industrial engineers focus on reducing internal costs to make their work valuable for many industries. For example, their work is important for manufacturing industries that are considering relocating from overseas to domestic sites. Besides, growth in healthcare and changes in the health care delivery methods will create demand for industrial engineers in firms in professional, scientific, and consulting services. Projected declines in overall employment in some manufacturing sectors will temper total growth for industrial engineers.
In the United States alone, 284,600 Industrial engineering employment opportunities were available which is projected to reach 308,400 by 2028, according to the Bureau of labor statistics.