Saturday, October 9, 2010

Career Prospects in Logistics and Supply Chain Management

The staggering growth of Logistics and Aviation industry in India is a clear indication of the prospects of career opportunities in this sector. By 2015 nearly 4,20,000 skilled manpower will be required to meet the increasing demands of human resources.
The scope of careers in logistics and aviation industry has manifold considering the fact that India aviation sector recorded a steeped increase by 25% in the last 5 years. In plan terms, Logistics and Supply Chain Management broadly refers to the process of physical management of business materials starting from the procurement process, storage and transportation, subjected to its safe handling in both ends-business premises and consignment destination.

Logistic businesses are interlinked with almost all the existing industries because they are the main driving force in forming a chain between the supplier, producer, distribution center, retailer & the consumer. In the process transportation poses as the link between all the stages namely- transportation firms, third party logistics firms, manufacturing firms, merchandizing firms, service institutions and other organizations. So, the role of a logistician work in close connection with other business sectors like- Automobiles, Clothing & Apparel, International Trade, Food & Grocery and Retail to name a few. It is an upcoming industry in India with its business estimation going to be worth $110 billion in the next two year.

Therefore, opting for a career in Logistics and Supply Chain Management can be a smart choice given the fact that the global supply chains are expanding enormously. Today, there are many educational institutes offering Bachelors as well as Masters level courses in Logistics and Supply Chain Management. Few important points must be kept in mind before you register with an institute. First of all, it is important know if the institute is affiliated with educational Government body like the UGC (University Grant Commission).

After all, there are many institutions operating without UGC approval, falling into the trap of one of these institutions may jeopardize your academic prospects. Secondly, a good institute is easily identifiable from its successful placement rates which means a thorough study on the institute's placement history can help you decide on your call. Thirdly, like in every other academic firm it is important to find out the quality of the academic faculty of the Supply Chain Management Training Institute.

Source: http://ezinearticles.com/

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