Logistics & Supply Chain Management

Hi,
Choose the stream in which you have interest.
Finance:
Financial is the backbone of any economy. Based on placement data from top colleges, it has been observed that Finance is one of the highest paying specialisations in India. Holding its position amongst the oldest existing specialisations, Finance is still a hot option amongst MBA students. Students choosing this specialisation are required to have a thorough understanding and information of financial world.
Supply chain management:
From collecting raw material to manufacturing to reaching the consumers - a product goes through a chain of events before it reaches you. The career in managing various activities in this chain is called Supply Chain Management (SCM) or Logistics management. This fuction is extremely critical to the whole retail industry.
For example a supply chain for HDTV will have:
Various companies contributing to building the components
assembling the final product and
moving it through the supply chain. The objective of the supply chain is to have the final product accessible for purchase from your favorite store or website.
With efficient supply chain management we can also bring down the cost of goods considerably. A job profile in this field will also include planning, implementation and controlling the flow of goods & services and legal requirements.
https://www.shiksha.com/10-most-popular-mba-specialisations-with-job-profiles-top-recruiters-article-11387-1
https://www.shiksha.com/10-most-popular-mba-specialisations-with-job-profiles-top-recruiters-article-11387-12
https://www.shiksha.com/supply-chain-management-article-4690-1
All the best.

Hi,
Operations management:
Generally speaking, an operations manager plans, directs or coordinates the operations of public or private sector organizations.
Specifically, an operation manager might be tasked with:
Directing and coordinating activities of businesses or departments concerned with the production, pricing, sales, or distribution of products.
Reviewing financial statements, sales and activity reports and other performance data to measure productivity and goal achievements and to determine areas needing cost reduction and program improvement.
Managing staff, preparing work schedules and assigning specific duties.
Directing and coordinating an organization's financial and budget activities to fund operations, maximize investments and increase efficiency.
Determine goods and services to be sold, and set prices and credit terms, based on forecasts of customer demand.
Supply chain management:
The job of a supply chain manager is to direct or coordinate production, purchasing, warehousing, distribution and/or financial forecasting activities for a company or organization, as well as streamlining these activities.
Specifically, someone in this role might be tasked with:
Conferring with supply chain planners to forecast demand or create supply plans that ensure availability of materials or products.
Monitoring forecasts and quotas to identify changes or to determine their effect on supply chain activities.
Analyzing inventories to determine how to increase inventory turns, reduce waste or optimize customer service.
Manage activities related to strategic or tactical purchasing, material requirements planning, inventory control, warehousing or receiving.
Developing procedures for coordination of supply chain management with other functional areas, such as sales, marketing, finance, production and quality assurance.