10 Things to know while choosing a career in logistics
Logistics industry plays a crucial role in our economy. Many questions may arise in our mind while Choosing a career in logistics. Here are a few things that can help students get answer to those questions.
1. Scope and diversity of the logistics industry
The logistics industry ensures the smooth flow of goods and services from the point of origin to the point of consumption. It includes various activities such as transportation, warehousing, inventory management, and supply chain optimization. Both logistics and supply chain management are interrelated. Supply chain management deals with activities between separate entities, and supports the overall purchasing, production, and distribution of goods, while logistics focuses on the internal movement of goods and the storage of goods between different points in the supply chain. The scope of logistics and supply chain management is very broad and diverse. Since it is not limited to manufacturing operations, logistics plays an important role in all types of organizations, be they government or private companies, wholesalers, or retailors.
Whether it is transportation of goods, express cargo delivery services, warehousing, freight booking, shipping services, container services, or clearances, it is the job of logistics personnel to ensure that goods are delivered to the customer without interruption. Furthermore, the import and export of goods are an essential part of the economy, which means that logistics and supply chain management will never die out. So, there are tremendous opportunities for students who have completed a course in logistics and supply chain management.
2. Some of the skills that align with the logistics sector
- Problem solving
- Warehousing and storage
- Risk management
- Quality control
- Transportation management
- Leadership and management
- Collaboration and communication
The curriculum of the logistics and supply chain management course at Techshore Institute Kochi is designed to develop all the skills that are required in the logistics industry.
Our course curriculum highlights:
- Fundamentals of logistics and supply chain management
- Warehouse and transportation management
- Lean supply chain management
- Procurement and Sourcing management
- Introduction to export and import
- Dangerous goods regulations etc.
3. Education and training requirements for a career in logistics
For establishing a career in logistics Techshore Institute offers:
1. PG Diploma in Logistics and Supply Chain Management
- Duration-1 Year
- Eligibility-Degree
- Certification-BECIL/STED with NSDC
2. Diploma in Logistics and supply chain management
- Duration-6 months
- Eligibility-10th/+2/Degree
- Certification-BECIL/STED with NSDC
3. Certification in Logistics and supply chain management
- Duration-3 months
- Eligibility-10th/+2/Degree
- Certification-STED with NSDC
4. Educational requirements for a career in logistics
- Logistics administrator- they are involved in the facilitation of incoming and outgoing shipments for a company.
- Purchasing and procurement manager- they work with suppliers to source and order inventory for the business.
- Logistics analyst- utilizes data to uphold the quality of a company’s logistic process.
- Warehouse manager- they train and manage warehouse employees to enable the processing of shipments.
- Inventory manager- they forecast and manage inventory levels through data analysis to make sure companies have sufficient inventory to cater to their manufacturing and supplier needs.
- Logistics manager- their duties include processing and preparing orders for shipment.
- Load planner- they are responsible for compiling consumer orders into truckloads.
- Demand and inventory planner- they utilize the inventory database to improve efficiency and aid logistics professionals on supply and demand.
- Supply chain manager- they are involved with inventory, storage, and transportation at all parts of the production process.
- Fleet and transportation manager- they are responsible for managing the maintenance and registration records of their vehicles to ensure the safety of employees and inventory.
5. Some trends in logistics
- Supply chain Agility- To meet the ever-changing demands of the supply chain, a company must be able to change its strategy quickly, especially in the areas of delivery, inventory management, and procurement. Companies with supply chain agility are better able to deal with change, adapt to changing market conditions, and take advantage of new business opportunities.
- Automation – refers to both machines and software. Some common machines that support logistics operations include drones, robotic arms, and automated storage retrieval systems. Operations are carried out more efficiently as they enable transit and shipment, track materials as they move through the supply chain, and deliver them on time.
- Supply chain visibility clear view of inventory and activity are provided by the ability to track various commodities and/or products in transit. By monitoring inventory in motion, providing proactive status updates, limiting disruptions, and mitigating risk, shippers can improve customer service and cost control. A strong and flexible supply chain can be achieved through proper visibility.
- Green logistics-The term refers to methods used to reduce the negative impact of logistics on the environment. Green logistics protects a healthy bottom line without compromising environmental protection and consumer satisfaction.
6.Technological advancements in logistics
- Artificial Intelligence (AI) & Machine Learning (ML)
- Blockchain Technology
- Transportation Management System (TMS)
- Cloud Logistics
- Internet of Things (IoT)
7. Pros of working in the logistics industry
- Variety of jobs and career opportunities-The logistics sector offers a variety of employment and career opportunities.
- Job security- as the economy has no impact on this business
- Good pay and benefits-competitive compensation and benefits packages that often include health insurance, retirement plans, and paid time off.
- Travel opportunities-some jobs require you to travel to other parts of the world
- Growth opportunities- a sector that is constantly changing and facing various difficulties
8. Salary Expectations
Logistics jobs salary in India ranges between ₹ 0.2 Lakhs to ₹ 6.2 Lakhs with an average annual salary of ₹ 2.2 Lakhs. Salary estimates are based on 729 latest salaries received from Logistics jobs.
9. Challenges in logistics and supply chain management
- Transportation cost
- Planning and risk management
- Supplier/partner relationships
- Customer service
- Government and environmental regulations
10. Selection of Institute
Choosing the right institute is also relevant just like choosing the right career path. Techshore institute of Management and technology is the right choice for students who wish to pursue logistics and supply chain management courses.
Our specialties:
- Assured placement assistance
- Top-level certificates
- Faculties with several years of experience
- Training partnership with NSDC, HSSC, UPES, Skill India, BECIL, ASCE, etc.
