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Course Description and Career Prospects

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Supply Chain Management / Logistics

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Supply Chain Management / Logistics

Course Curriculum :

Logistics Management also known as Supply Chain Management (SCM) is all the activities that take place to get a product in your hands - from the time of raw materials extraction to the minute you pay money or use your credit card to buy the final product. SCM focuses on planning and forecasting, purchasing, assembling the product, moving, storing and keeping track of a product as it flows toward you and other consumers. In other words, Logistics management is that part of the supply chain which plans, implements and controls the efficient, effective forward and reverse flow of goods & services, its storage and related information between the point of origin and the point of consumption in order to meet customer and legal requirements. Logistics is a channel of the supply chain which adds the value of time and place utility. In an increasingly globalized supply chain, it has become necessary for businesses to provide their customers 'the right item in the right quantity at the right time at the right place at the lowest cost'.

A logistic manager is responsible for collaborating with the other officers of the company such as purchasing officers, transport and warehouse managers, to ensure that the goods produced by the company are received in the company's depot on time. A logistic manager is also responsible for making sure that the goods are stored in a proper and safe manner in addition to looking after their timely dispatch to outlets. In essence, supply chain management integrates supply and demand management within and across companies. A professional working in the field of logistics management is called a Logistician.

A broad base of business skills, knowledge of supply chain processes, and relevant internship/work experience will give you ample opportunity to begin your career with a manufacturer, retailer, carrier, third party logistics firm, or other organization. You will likely begin as a management trainee, analyst, or front line supervisor. As you demonstrate your managerial capabilities, you can progress to SCM positions of greater responsibility. You may also decide to gain experience in other parts of the organization.

Career Prospects :

There is no standard career path in SCM. You are in control of your own destiny and have the opportunity to pursue hundreds of potential career paths. Your career path will be largely influenced by your skills, interests, and personal decisions. It will also be impacted by the size, type, geographic scope, and organizational structure of the firm that you choose to work for.

One key to your success in this field is flexibility. You will work with people throughout your company-logistics, manufacturing, and marketing. Depending on the size of your company, your initial responsibilities may deal with one or more logistics functions. Some positions will require you to specialize in a specific area of SCM. There are numerous opportunities and career paths in this field-it is up to you to seek them out and develop the appropriate skills to be successful.

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