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Logistics and Supply Chain Management

Logistic and Supply Chain Management is an important aspect in the growth of any organisation. A well planned and scientifically backed network to manage the flow of raw materials and finished goods to customers is imperative for increasing profits. Organization’s with  complete network for movement of raw material from the resource to the consumer in the form of final product have set successful business models employing supply chain methodologies. The study includes implementing, controlling and planning the flow about how the product or service is going to reach from the supplier to the consumer. Mainly supply chain management and logistics are interrelated as logistics monitors the actual competence of the flow of resources which is basically a part of the larger field of Supply Chain Management. Few supply chains are simple, while others are rather complex.

Few courses offered in this field: -

    Diploma in Supply Chain Management
    Bachelor of Supply Chain Management
    Bachelor of Commerce in Supply Chain Management
    M.B.A in Logistics and Supply Chain Management
    M.B.A in Material and Logistics Management
    M.B.A in Supply Chain Management
    Post Graduate Diploma in Materials and Logistics Management
    Post Graduate Diploma in Supply Chain Management

Basic Eligibility

UG:

For admission into bachelor's degree a student must pass higher secondary examination or 10+2 or equivalent / 3 years Diploma from a State Board of Technical Education. The duration for this program is of 3 years.

PG:

For admission into master's degree a student must have a bachelor's degree with at least 50% marks from a recognized university or institution. The duration for this program is of 2 years.

Others:

Eligibility for Diploma Programs: -

For admission into diploma program a student must pass higher secondary examination / 10+2 / bachelor's degree / post graduate degree from any stream. The duration for this program is of 1 year.

 

Specializations

Few specializations in this field: -

    Marketing
    Inventory
    Transportation
    Purchasing
    Manufacturing
    Planning

Job Prospects

Career in Logistic and Supply Chain Management is booming and has a lot of demand in this industry. Today in every organization globalization has introduced a lot of changes. In order to meet the international challenges and to control the purchase supply chain performance the organizations are making efforts to bring changes in their organizational structure. These changes have generated several jobs in logistics and supply chain field in India and abroad.

There is a high demand for supply chain managers in almost all sizes and kinds of organizations. Several management graduates start their career as Management Trainee, Supervisors and Analysts. When one starts gaining managerial experience, he/she can move to superior level with much more responsibilities and higher salary. Few major employers in this field are L&T Ltd., Anchor Electricals, Tata Steel, Dell, Toyota, Nokia etc.

Remuneration: -

A candidate after completion of his/her course in Logistics and Supply Chain management from reputed institute is usually recruited as a management trainee and the income offered ranges between Rs. 6 lacs to 12 lacs per annum. Skilled professionals working in various sectors such as financial institutions, export/import industries, banking sector, public and private sectors, hospitality, securities firms, travel and tourism industry, manufacturing and city planning can earn handsome salary.

 

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