Logistics

Logistics is a process of planning, implementing, and controlling the efficient and effective flow of goods, services, and information from the point of origin to the point of consumption. It may involve the management of various activities, including transportation, warehousing, inventory management, packaging, and related activities, to ensure that products are delivered to the right place, at the right time, and in the right condition. Logistics plays a crucial role in Supply chain management, which involves the co-ordination and integration of all activities involved in delivering a product or service to customers. It encompasses the movement and storage of raw materials, work-in-progress goods, and finished products, as well as the management of information flows, such as order processing and tracking.

What is Logistics? Logistics management is a Supply chain management. The primary objectives of logistics are to optimize the flow of goods, minimize costs, and meet customer demands and expectations. Logistics management aims to ensure that products are available when and where they are needed, reduce transportation and inventory costs, streamline processes, enhance customer satisfaction, and improve overall operational efficiency.

Types of Courses: Certificate, Diploma, Bachelor's and Master's level.

Courses Availability:

❖ Certificate Program in Logistics and Warehousing Management

❖ Certificate Program in Supply Chain Management

❖ Diploma in Logistics and Supply Chain Management

❖ Postgraduate Diploma in Logistics and Supply Chain Management

❖ BBA in Logistics and Supply Chain Management

❖ B.Com in Logistics and Supply Chain Management

❖ B.Tech in Logistics and Supply Chain Management

❖ MBA in Logistics and Supply Chain Management

❖ M.Com in Logistics and Supply Chain Management

❖ M.Sc in Logistics and Supply Chain Management and more.

Eligibility Criteria:
UG: For a Bachelor's degree in logistics, like BBA or B.Com in Logistics and Supply Chain Management, A candidate needs to Complete 10+2 or equivalent from a recognized board or institution. meet the minimum percentage of around 50% of merit is required. This course duration is 3 years.

PG: For a Master's degree in logistics, like an MBA or M.Sc. in Logistics and Supply Chain Management, he/ she needs to Completion of a Bachelor's degree in any discipline from a recognized university or institution is required. This course duration is 2 years.

Diploma/ Certificate: For Diploma or Certificate programs in logistics or supply chain management, the eligibility criteria may vary depending on the institution. who have completed their 10+2 or Bachelor's degree, regardless of the field of study required.

Entrance Exams: CAT, XAT, MAT etc,. 

Logistics Fee Structure: 
Bachelor's: INR. 30,000 to INR. 2 Lakh per year

Master's: INR. 1 Lakh to INR. 5 Lakh per Annum

MBA: INR. 2 Lakh to INR. 10 Lakh per 2 year course.

How to get in that career? In the first step, need to check your eligibility criteria for the logistics course you are interested in. need to complete 10+2 for undergraduate programs and a bachelor's degree for postgraduate programs. after that, Some institutions may require you to appear for entrance exams.. like, CAT, XAT, MAT, CMAT, etc, later on, staying updated with industry trends, and practicing for interviews or group discussions. A candidate who completed their intermediate or graduation is primarily eligible for choosing this career. must have a diploma in supply chain management or a bachelor's degree in operations analysis, operations engineering, or a relavant field. and also get some required skills, and experience in this field may get a chance of various opportunities in the job market.

Skills Required:

❖ Good talkative and written skills

❖ Leadership skills

❖ Time Management

❖ Interpersonal skills

❖ Analytical Thinking skills

❖ People Management skills

❖ Positive attitude

❖ Self motivated and etc,.

Top Institutions:

❖ Indian Institute of Management, Visakhapatnam

❖ Indian School of Business, Hyderabad

❖ Indian Maritime University, Visakhapatnam

❖ Osmania University, Hyderabad

❖ Acharya Nagarjuna University, Guntur

❖ GITAM Institute of Management, Visakhapatnam

❖ Vignana Jyothi Institute of Management (VJIM), Hyderabad

❖ Indian Institute of Management (IIMs)

❖ Indian Institute of Technology (IIT)

❖ Indian School of Business (ISB)

❖ National Institute of Industrial Engineering (NITIE)

❖ Symbiosis Institute of Operations Management (SIOM)

❖ Amity University

❖ Institute of Logistics and Aviation Management (ILAM)

❖ Indian Maritime University (IMU).

Top Sectors:

❖ Retail

❖ Pharmaceuticals

❖ Healthcare

❖ Food Industry

❖ e-commerce

❖ Construction

❖ Parcel

❖ Manufacturing

❖ FMCG and many more.

Roles/ Designations:  

❖ Supply Chain Manager - ranges from INR. 8 Lakh per annum

❖ Logistics Manager - up to INR. 15 Lakhs per year

❖ Warehouse Manager - Approx. 5.8 Lakh per annum

❖ Transportation Manger - INR. 6.9 Lakh per annum

❖ Procurement Manager - Average of INR. 15 Lakh per annum

❖ Inventory Manager - INR. 5 LPA

❖ Operations Manager

❖ Customer Broker

❖ Retail planner

❖ Logistic co-ordinater

❖ Customer Service Representative

❖ Freight Forwarder and many more. 

❖ As per the demand of logistics managers will get an initial salary pay was INR. 4 Lakhs to 15 Lakhs per Annum. who have more exeperience in this field may consider of above INR. 20 Lakhs per Annum.

How is career? The Logistics industry in India has a significant growth in recent years, driven by factors such as increasing trade, e-commerce expansion, and infrastructure development. This growth can create a demand for skilled professionals at various logistics functions. The logistics sector offers a wide range of career opportunities. With experience and expertise, professionals can get managerial or leadership roles. Logistics professionals with the right skills and expertise can get vulnerable remuneration and benefits. Finally, the logistics sector in India offers promising career prospects, the right skills, knowledge, and adaptability, individuals can build successful and fulfilling careers in the logistics industry in India.

Top Hiring Companies with their salaries:

❖ DHL

❖ Blue Dart Express Ltd

❖ FedEx

❖ Mahindra Logistics

❖ Amazon

❖ Flipkart

❖ Reliance Industries Ltd

❖ TCS

❖ Walmart

❖ Jindal Stainless Ltd

❖ Hindustan Unilever

❖ Adani Group

❖ TVS

❖ L&T Infrastructure Development Projects Ltd

❖ Future Supply Chain Solutions Ltd.

Conclusion: A career in the Logistics sector in India offers a diverse range of opportunities allowing individuals to specialize in specific areas of interest, and there are ample chances for career progression and advancement. With job stability, exposure to global markets, competitive compensation, and continuous learning and development opportunities, a logistics career in India can be rewarding and fulfilling. While challenges exist, such as infrastructural limitations and complex regulations, individuals with the right skills, knowledge, and adaptability can thrive in the dynamic Logistics industry in India.