What is Logistics & Supply Chain Management ?
Logistics is the process / Chain management of transport flow and the storage of goods and services from its original to it consumptions.
It includes both inbound & Outbound movements of goods & Services
Supply Chain Management (SCM) is the oversight of materials, information, and finances as they move in a process from supplier to manufacturer to wholesaler to retailer to consumer.
The goal of logistics activities is to satisfy the need of the ultimate consumer - you. Simply stated, logistics professionals ensure that the right product, in the right quantity in the right condition, is delivered to the right customer at the right place, at the right time, at the right cost.
About the Industry
The domestic logistics industry which is estimated to generate business worth 135 billion dollars by 2020 would need 4, 30,000 skilled manpower by 2020.
The spending on logistics in India stands at INR. 4 trillion, whereas globally it is INR. 90 trillion.
The sector currently employs over 40 million people in the world.
Indian Logistics industry would need 28.4 million skilled people in the “Senior Resource Category” in warehouse management by 2022.
Indian logistics industry is at an inflection point and will reach a market size of over $125 billion in coming years.
Deliverables Of The Program
Real time exposure with Internship / Training programs in Logistics industry
GD and Interview preparation.
Industry Attachments with Project work / Presentations / Industrial Visits / Guest lectures / Seminars / Conferences / Practical Assignments.
This program provides a blend of practical and classroom teaching which makes you a preferred candidate by your future employer.
Significance Of Logistics And Supply Chain Management
Workers in the logistics and supply chain management (SCM) field make sure that goods and services get into the hands of consumers. The logistics industry is an important driver of economic growth and development.
All types of businesses, big and small, need logistics managers to help with inventory and accounts receivable. A small business may have one person in charge of these duties, while large corporations have entire logistics and supply chain departments.
Customer service specialists are not required to have college degrees or entry-level knowledge of logistics, but the best customer service usually features both. Whether acting as a sales team or managing existing clients, customer service acts as an intermediary between clients and the rest of the logistics team.
One of the most common entry-level positions in this field is customer service management. Customer service is an important part of logistics and supply chain management on an individual level, since listening to and helping your consumers is the backbone of any business. You can also manage product inventory for a business, plan and oversee product transportation needs, and manage supplies needed for manufacturing.
Employment Opportunities
Demand Planning Analyst
Procurement Manager
Distribution CEnter Supervisors
Supply Chain Consultant
Customer Service Specialists
Depot Supervisors
Other Areas Of Specialization In Logistics And Supply Chain Management Also Include:
Manufacturing
Inventory
Distribution
Retail
Customer relations
Operations research
