All About Logistics And Supply Chain Management - Check the complete details

In a rapidly evolving business ecosystem, the importance of logistics and supply chain management is undeniable. When a customer demands a product, it goes through the entire cycle of sourcing, warehousing, inventory management and distribution. The process that holds all these stages together is known as supply chain management, which contributes around 13% to India’s GDP at the moment.

This Story also Contains

1. What is Logistics?
2. What is Supply Chain Management?
3. Difference Between Logistics and Supply Chain Management
4. Why Logistics and Supply Chain Management Learning is Essential for your Business Career?
5. Courses in Logistics and Supply Chain Management
6. Logistics & Supply Chain Management Career Opportunities

If you are interested in gaining more knowledge in this field, you can pursue some of the Logistics and Supply Chain Management Certification Courses listed on our website.

Read more:

• Top 15 Supply Chain Analytics Software for Supply Chain Managers to Use
• 13 Colleges in India Offering Logistics and Supply Chain Management Degrees

What is Logistics?

Logistics is part of the supply chain management process like planning, implementation, and control efficiency, effective together with reverse flow and storage of products, services, and related informational data between organization and consumption to fulfil the customer's requirement.

In logistics management, there are two boundaries inbound and outbound transportation management systems. Also, logistics involves the integration of information, raw material handling, manufacturing, packaging, transportation, and warehouse. In business logistics, the main goal of logistics management is to deliver the right amount of the resource or supply at the right time. It also ensures that it reaches the specified location in good condition when supplying it to the right internal or external buyer.

What is Supply Chain Management?

Supply Chain Management involves the planning and management of all activities included in procurement and procurement, transformation, and all logistics management activities.

In particular, it also implies information sharing and collaboration with channel partners, which may be suppliers, third-party service providers, intermediaries, and consumers. Generally, supply chain management integrates supply and demand management through enterprises.

Difference Between Logistics and Supply Chain Management

Logistic management is a small section that comes under Supply Chain management. Global Logistics is the process of the flow of goods, products, shipment, and freight to their customers/owners to their doorstep. On the other hand, Supply Chain Management is a wider term for the shipment of raw materials, tools, foods, goods, procurement of consumer requirements and the like.

The basic difference between the two is the process of flow and storage while supply chain management can be considered as the process of the whole movement of the shipment. Another basic difference between the two can be is that logistics organisations focus more on customer satisfaction while supply chain management companies focus more on competitive service and advantage.

Also Read:

• Why Supply Chain Management is an Important Aspect of Business?
• Free Logistics And Supply Chain Management Courses & Certifications

Why Logistics and Supply Chain Management Learning is Essential for your Business Career?

One of the main advantages of studying supply chain management is the application of the field in some industries and positions. Pursuing logistics and supply chain management certification courses or a related area will provide you with transferable skills and expertise in accounting, marketing, the global economy, ethics, and various analytical methods.

More importantly, supply chains – but still transferable – are optional in the fields of warehousing, strategic sourcing, demand fulfilment, and simulation modelling. Students and graduates who are graduates of logistics and supply chain management certification courses and have the expertise to develop company processes, find and communicate with the best supply chain partners and shorten the manufacturing cycle are far more important to employers.

Candidates with a degree in logistics and supply chain management certification courses are the most important to any shipping business. Here are some of the reasons why knowledge in logistics and supply chain management is crucial to making a successful business career:

1) Improves Products Efficiency

Producing visibility into a company's supply chain can further enhance production efficiency. Business management can use the analyzed data and tracked movements of goods in and out of business from the transport management system to optimize processes and avoid potential disruptions. Pursuing a logistics and supply chain management certificate course makes you learn how to improve the product’s efficiency in a logistics firm.

2) Ensures Seamless Product Delivery

Logistics management is important to successfully deliver the products in the right place on time. Besides, professionally organized logistics help ensure safe and reliable shipping, warehousing, and delivery of products to customers by selecting an experienced team of experts. Therefore, such firms are on the lookout for candidates who have pursued logistics and supply chain management certificate courses because they understand the need for customer satisfaction in the firm.

3)Logistics is a Major Factor in a Successful Supply Chain

Logistics is an essential part of a successful supply chain that helps to improve the sales and profits of companies engaged in the production, distribution, warehousing, and delivery of products. Also, a reliable logistics service can enhance the value of a business and help maintain a positive public image. Candidates who have done logistics and supply chain management certificate courses understand these factors very well.

4) Delivers Great Customer Satisfaction

Satisfied customers are extremely important and help define the true success of a business. Good logistics management provides effective solutions that help deliver superior services to satisfy customer demand. Also, a company would be able to receive repeat orders by creating goodwill for the supplier every time a better and/or timely delivery is completed.

Courses in Logistics and Supply Chain Management

To get a good career option in logistics and supply chain management, it is very crucial to have a degree programme in the related fields. Here are some of the logistics and supply chain management courses:

BBA Logistics and Supply Chain Management

Are you actively looking for a logistics and supply chain management course? Decided to start the same as your graduate qualification? The BBA (Bachelor of Administration) course in Logistics and Supply Chain Management BBA logistics is a lucrative career that is gaining enormous momentum in the modern era.

Logistics Management is referred to as the management and management concepts for making the overall process of logistics operations as seamless as possible. Logistics management is considered to be part of the supply chain management process.

MBA in Logistics Management System

MBA in Logistics is a management development programme that helps to build students' skills to deliver customised logistic solutions. Master in supply chain management students are equipped to identify issues such as scope and scale of market value, customer needs, supply-side creativity, level of service, and quality management.

The logistics course discusses fields such as product manufacturing, supply chain, inventory control, transport management, and customer service. The primary purpose of the curricula is to educate students during the entire period of delivery of products from supplier to consumer.

PGDM in Supply Chain Management

The PGDM in Supply Chain Management offers opportunities for vertical growth. Students develop technical expertise in material handling and logistics, leading to enhanced work skills and self-enrichment. The programme begins by laying the groundwork for a comprehensive understanding of what supply chain management is and how it can be efficiently and successfully used to increase an organization's efficiency and profitability.

Diploma in Supply Chain Management

The logistics and supply chain management diploma course is a one-year course that offers an introduction to the principles of Supply Chain Management and also describes its applications in the field of jobs. The e-commerce market is booming and is rising rapidly. Businesses are moving to the international stage, and there is an immediate need for timely delivery, efficient resource management, and optimization of all processes. It provides the best education qualification in a specialized area.

Logistics and Supply Chain Management Certifications

Logistics and Supply Chain Management is considered to be one of the most important sources of competitive advantage in recent times. It aims to strengthen conventional management by concentrating on the organization and coordination of the various supply chain partners to boost their management and thereby provide greater value to the customer.

Supply chain management pros with at least one certification are paid 19 per cent more than non-certified pros and those with two or three certifications are paid 39 per cent and 50 per cent higher than the median. If you already have a career in supply chain management or just want to break into the profession, here are five supply chain management certifications that can round out your job description and give you a leg up against the competition.

• APICS-certified Supply chain professional certification (CSCPC)
• APICS Certified Production and Inventory Management (CPIM)
• APICS certified Logistics, Transportation, and Distribution (CLTD)
• ISM-certified professional in supply management (CPSM)

Supply Chain Management Online Courses

Successful Supply Chain Management requires knowledge and practical skills with tools and techniques used to overcome enormous logistical challenges, particularly with third-party logistics. Get started with outstanding online logistics and supply chain management courses like SCM edX training programmes from MIT, UCL, and other top universities around the world.

Online logistics and supply chain management certification courses are very helpful for those who are not able to join the campus classes.

Related: Popular Providers Offering Logistics and Supply Chain Management Certificate Courses

• Edx Logistics And Supply Chain Management Courses & Certifications
• Vskills Logistics And Supply Chain Management Courses & Certifications
• Udemy Logistics And Supply Chain Management Courses & Certifications
• TimesPro Logistics And Supply Chain Management Courses & Certifications
• Coursera Logistics And Supply Chain Management Courses & Certifications
• Nulearn Logistics And Supply Chain Management Courses & Certifications
• Emeritus Logistics And Supply Chain Management Courses & Certifications
• Simplilearn Logistics And Supply Chain Management Courses & Certifications

Logistics & Supply Chain Management Career Opportunities

There is no doubt that the demand for supply chain management experts is high and increasing. Companies are now searching for people who can have effective supplier relationships, understand risk management, have a solid supply chain strategy, and work with supply chains in the United States and around the world. Here are some of the job opportunities in logistics and supply chain management:

• Customer Service Manager
• Fulfillment Supervisor
• Supply Chain Manager
• Transportation Manager
• Warehouse Operations Manager
• Shipping Coordinator
• Supply Chain Analyst

Logistics and supply chain management is one of the flourishing industries and provides a plethora of job opportunities. But, to get placed at high-profile companies and get a lucrative salary, you will have to outsmart fellow applicants with skills as well as degrees. logistics and supply management degree are a step into a successful career in financial security.