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For a business to grow and become professional, its various aspects need to be departmentalised. Each department needs to have management and functioning practices in place. In a manufacturing and product-based business, logistics & supply chain management are two very important aspects. In a few businesses, these are two separate departments, but in most businesses, this is one single department. Logistics & supply chain management is about management and coordination of products, goods, and services from production to supply to the customer.
To understand logistics & supply chain management, the best example would be of a pizza delivery business. From buying the raw material for the pizza to packaging the cooked pizza, assigning the delivery person, and its delivery to the right customer, all aspects involved falls under logistics & supply chain management. There are other aspects as well. And you learn all about them in the PGDM in logistics & supply chain management.
Logistics & supply chain management is such an important part of any manufacturing and product-based business. Therefore, if you are interested in doing a PGDM in logistics & supply chain management, you are choosing a good field that is growing immensely in India. But before you finalise your decision, you must know everything there is to know about the PGDM in logistics & supply chain management. From the fees of the course to the syllabus and the potential careers and earnings, you will find all the information in the blog below. After reading and understanding, you will be able to seriously consider doing PGDM in logistics & supply chain management.
Check Out This Article to Learn More About PGDM Course A Guide To PGDM Course: What Is It About?
Heres a quick look at the highlights of PGDM in logistics & supply chain management. It carries all the information for a quick look. Further below in the blog, you will find more information in detail, along with some additional information that will give you a clear picture of PGDM in logistics & supply chain management.
There is a certain criterion you need to qualify to be able to do PGDM in logistics & supply chain management. First, check your eligibility as this is the very first step.
Here is the is the Eligibility criteria you need for PGDM in logistics & supply chain management:
Choosing the right degree course is of utmost importance, especially for your postgraduate education, because the field you choose is where you will make your career for the rest of your life. PGDM in logistics & supply chain management is one of the best courses to do because of the following reasons.
Manufacturing and product-based industries are always growing, even when the markets slowdown, growth does not stop. Therefore, a PGDM in logistics & supply chain management will keep employed and growing.
If you get a job in the right industry, you can actually make quite a handsome salary. There are many industries where you can make more than INR 10 lakhs per annum.
Any job in PGDM in logistics & supply chain management is a challenging one. Theres never a dull moment. So, if you choose to be in this profession, you will never get bored or burned out.
With technology becoming spurring on growth and the rise of e-commerce, theres something new and exciting every day in this industry. Logistics & supply chain management is getting its due importance.
There are so many different aspects of logistics & supply chain management that you get to choose from many different careers. You can choose what you like, and work will never feel like work.
One of the best things about a PGDM in logistics & supply chain management is that gives you the luxury of choice. You can choose a career that you want, in an industry that is going to pay you well.
Here are a few careers to consider after PGDM in logistics & supply chain that pay well and are quite exciting.
The supply chain manager has to ensure the products and services are being produced and supplied in the right amount to the consumers. They have to anticipate demand and predict issues well in advance. They make upwards of INR 7 lakhs.
Logistics & supply chain management is all about strategic planning. The strategic planner makes the strategies based on sound data for the logistics manager and supply chain manager to plan and make decisions.
They have to study, predict, strategize and execute supply chain operations most profitably for the company. They also develop models for the departments to follow. Logistics managers make more than INR 5 lakhs.
This is one of the most important and responsible positions in a company. The operations manager is in charge of all the daily operations in the company. Operations managers can get a salary close to INR 10 lakhs.
From the storing to raw materials to the storing of the finished goods, the warehousing manager has to oversee all storage activities. They have to ensure goods are stored properly, dont suffer damage and are shipped on time. Warehousing managers make upwards of INR 5 lakhs.
Suggested Reading:Top 10 Job Opportunities After PGDM in Logistics & Supply Chain Management
Todays students are smart. They dont just look at the present state of an industry, they also look at the future. And the future holds a lot of promise for logistics & supply chain management. Heres some data that will showcase this industry’s future scope and potential in India.
In an industry like logistics & supply chain management, the name of an established company matters a lot. Graduates of PGDM in logistics & supply chain management look to get jobs in the best companies, so they can large a lot, and still make an excellent living. Therefore, here are the top 10 companies that hire logistics & supply chain management postgraduates for their operations.
This American consumer goods company has a wide footprint in India and plans to continue expanding across many important domains.
The tech giant has always seen India as one of its most profitable markets. Along with tech support, they might move a part of the production to India.
This FMCG giant is entering different domains and launching scores of products. To succeed, they are expanding their already robust supply chain.
The e-commerce giant has one of the most complex logistics & supply chain management networks, which is one of the biggest reasons for its success.
With fast-food restaurants in all the major Tier 1 and Tier 2 cities in the country, McDonalds India is one of the fastest fast-food chains in the country.
Telecom giants, Vodafone & Idea, joined hands and are expanding connectivity and services even to remotest parts of the country.
Tata is one of the biggest India-born multinational companies in the world. To counter rising competition, they are expanding in the country and overseas.
The American multinational conglomerate has been steadily growing in India, but with a pro-business atmosphere, it will step up the effort.
HP has always had a strong customer base in India. With computer technologies being affordable, accessible, the market is ripe for them.
The computer and smartphone manufacturer has been one of the most successful companies in India in the last few years, and they would like to expand and become the dominant force.
So, what are the industries that most need the services of PGDM in logistics & supply chain management graduates? Any industry with physical goods needs proper logistics and supply chain management. With this, they cannot grow, or even function. The following industries are the biggest employers of PGDM in logistics & supply chain management graduates. You can choose where to make your career.
Growing companies need logistics & supply chain management. Therefore, this department is one of the first departments to get high budget allocations during expansion operations. Logistics & supply chain can really make or break a company. Therefore, there is a lot of importance to this field. Your choosing to do a PGDM in logistics & supply chain management shows that you have the foresight to do well in this industry and make a great career.
PGDM in logistics & supply chain management is one of the best courses to do after your graduation, as it will set you on the right career path, in an industry that is about to see its best days yet. There are many career options for you, in the industries of your choice. With this degree course on your resume, success is a matter of choice.
However, to succeed, you will also need to do the PGDM in logistics & supply chain management from the right institute, and there is none better than ASMs IBMR dual PGDM program in logistics. IBMR is one of the most sought-after institutes for management in the country and has the best faculty, curriculum, and placement record.
To know more, how you can be this esteemed college, get in touch with at the earliest to know everything about the PGDM in logistics & supply chain management.