Logistics & Supply Chain Management

Hi Shobha,
Supply chain management (SCM) deals with the management of a network of interconnected businesses involved in the ultimate provision of product and service packages required by end customers.
Career Prospect:
One can start his or her career as a management trainee, analyst, or front line supervisor. The field has no standard career path, but with a broad base of business skills, knowledge of supply chain processes, and relevant internship/work experience, you will have the opportunity to begin your career with a manufacturer, retailer, carrier, third party logistics firm, or other organization. Starting salary will range between Rs. 10,000 and Rs 15000.
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Hi Shobha,
Supply chain Management is the study relating to the entire operations of a Industry starting from getting the orders from the customers, planning and procuring the materials, production planning, dispatches and delivery to the Customer. All the above stated functions are connected together as a chain and hence the managing of the supply chain is known as Supply Chain Management. The coordination and management of the supply chain activities are known as Supply Chain Management.
Material Management is the study relating to the procurement, storage and dispatch of the materials and it is one part of the supply chain management.
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Hi Shobha,
Logistics Management is a small portion of Supply Chain Management that deals with management of goods in an efficient way. Although, if we talk about Supply Chain Management, it is a broader term which refers to the connection, right from the suppliers to the ultimate consumer. People are quite puzzled between these two concepts.
Logistics Management- The process of integrating the movement and maintenance of goods in and out the organization is Logistics.
Supply Chain Management- The coordination and management of the supply chain activities are known as Supply Chain Management.
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Hi Mohit,
Most companies prefer logistic managers have at least a bachelor's degree, in either fields of business, industrial engineering, or supply chain management.
One of the most common entry-level positions in this field is customer service management. Customer service is an important part of logistics and supply chain management on an individual level, since listening to and helping your consumers is the backbone of any business. You can also work managing product inventory for a business, planning and overseeing product transportation needs, and managing supplies needed for manufacturing.
The logistician is in charge from the very beginning of product acquisition to the very end of secure delivery. Similarly, a supply chain manager examines procedures for opportunities to streamline existing conditions. Overall, both positions direct the movement, storage, and processing of inventory. For those who attain more experience, upper management positions such as presidents and vice presidents are highly sought after.
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