Breaking The Myths of Logistics & SCM Job Roles

Logistics and Supply Chain professionals are in great demand these days. Due to infrastructural development, government initiatives, technological advancement, and other factors, this domain has emerged more important today than ever before. A seamless supply chain management is what every eCommerce, manufacturing, and retail business strives to achieve to lower costs and enhance customer satisfaction and profitability.

However, many still erroneously think that a supply chain job means a mediocre job as a courier boy or delivery services, however, it is not at all true. The average salary of a supply chain manager is ₹13.0 lakh per annum whereas a supply chain executive’s starting salary is around ₹2.0 lakh. Well, there are many other myths associated with logistics and SCM jobs. In this article, we will bust the common supply chain career myths and unveil the reality.

Role of Logistics & Supply Chain in E-commerce

E-commerce involves much more than having an online store with payment gateway and managing it well. It also requires a fitting infrastructure along with proper logistics and supply chain management. With a well-managed supply chain, the ultimate goal of satisfying customers can be met suitably. Let’s delve into the role of logistics and SCM in eCommerce.

Enhanced performance

A supply chain is the most important aspect of almost every business including eCommerce. A proper supply channel can increase the potential of any business significantly and efficiently through the better flow of goods and information, better quality control, low overheads, better risks mitigation, and improved overall efficiency. Moreover, it helps in enhancing the reach of the business. Qualified and capable professionals are needed at every level of the supply chain system to ensure seamless functioning.

Maintaining Inventory:

The key to customer satisfaction in eCommerce is timely delivery, which is further dependent on how well inventory is managed. Mismanagement in maintaining inventory can be the biggest nightmare for any business organisation as it can also put on hold the entire business activity on account of inventory shortage. At the same time, it needs to be understood that excess inventory can also add to costs. So, optimisation of inventory is crucial in eCommerce.

Reverse Logistics:

No e-commerce business can succeed without an efficient reverse logistics function. The reason is that to remain competitive, they need to provide exchange and returns facilities to their customers. Hence their SCM functions must encompass effective reverse logistics. In this, they need to focus on the effective movement of goods from the end customers to the point of origin.

Common Myths About Logistics & SCM Career

Supply Chain Management is not a great career option:

This is probably the biggest and the most common myth prevalent among the common masses, which is false. Supply chain management is most certainly an outstanding career option more so today with a huge scope of growth.

This career is not only limited to one industry or functional area. Apart from traditional job roles like warehouse managers or inventory managers, today there are many newer job roles in the fields like Cloud Computing and AI Robotic Process Automation, etc. It is growing at a fast pace and offering immense job opportunities. The traditional job roles are also getting transformed due to the digital revolution. Those with the right knowledge and skills can easily get a promising job that offers job satisfaction and a good pay package.

Logistics is the same as courier service:

Courier services and logistics are interconnected but do not mean the same thing. A logistics company involves planning, implementing, and managing the transportation and storage of not only goods and large shipments (from collection point to the delivery point) but also services and information that are part of the supply chain. So, logistics services involve many functions like transporting goods from manufacturer to warehouse, fulfilling customers’ orders i.e., delivery to the end customer, and tracking goods in transit among others.

Courier service on the other hand involves the delivery of mail, small parcels, and documents from one point to another, locally, domestically, or internationally. Their objective is speedy delivery. To ship products to customers businesses, a streamlined logistics function is needed to be set up in place.

Supply Chain Management offers Limited Job Roles:

SCM offers plenty of job roles. Supply Chain Management involves not only inventory and warehouse management, but also smooth transportation of raw materials and finished goods and lots more. Various supply chain functional areas where one can work are Logistics, Procurement, Operations, Inventory Management, Warehousing, Shipping, Business and Sales.

SCM Fresher job titles are Logistics and Shipping Executive, Warehouse Executive, Logistics Coordinator, Back Office Executive, Supply Chain Logistics Supervisor, Sales Executive

High paying SCM Job roles are Business Analyst, Planning Manager, Purchase/Procurement Supply chain Manager, Supply Manager, Distribution Manager, General Manager – Supply Chain and Logistics Transformation Lead, National Procurement Head, Director – Supply Chain & Last Mile – Logistics/Freight, Head – Supply Chain – eCommerce D2C Startup, Director – Supply Chain Operations – eCommerce/Foods Industry, etc.

Supply Chain Management DO NOT Offer High Paying Jobs:

Many people think supply chain jobs are low paying and are not perceived as high-end jobs or reputable jobs like IT professionals’ jobs. Well, the truth is far different. SCM offers promising jobs with huge growth potential in various functional areas as mentioned above. When one begins at an entry-level job, he can move up on the career path as he gains experience and expertise. For example, one can begin as an Executive and go on to take up Lead, Assistant Manager and even Manager’s roles a few years down the line. The pay packages increase with better job roles.

Supply Chain Manager Salary: Yearly salary range is ₹3.8 lakh to ₹25.9 lakh, and the average annual salary is ₹13.0 lakh per annum.

Purchasing Manager Salary: Yearly salary range is ₹2.5 lakh to ₹18.0 lakh, and the average annual salary is ₹6.6 lakh per annum.

 Logistics Manager Salary: Yearly salary range is ₹2.0 lakh to ₹20.0 lakh, and the average annual salary is ₹6.5 lakh per annum.

Transportation Manager: Yearly salary range is ₹3 lakh to ₹12.5 lakh, and the average annual salary is ₹4.2 lakh per annum.

Logistics Analysts: Yearly salary range is ₹2.7 lakh to ₹12.0 lakh, and the average annual salary is ₹5.8 lakh per annum.

Benefits of doing PGP in E-Commerce & SCM

TimesPro by the Times of India Group is considered one of top names for professional courses including e-Commerce courses in India that covers all the aspects of logistics and supply chain related to e-Commerce, retail, and manufacturing businesses. The most prominent benefits that one may gain from this short-term e-Commerce programmes in India are as follows:

Manage supply chain planning

Turn into a Procurement and Inventory Specialist

Know about ERP and advanced excel toll

Develop decision-making strategies

Become an expert in logistics functions

Understanding e-commerce operations AI and Barcoding

This 3-month Post Graduate Diploma in e-Commerce and Supply Chain Management will prove to be a turning point for your career. There are various short-term courses in logistics and supply chain management available, but the carefully structured, industry-oriented programme by The Times of India Group is the one that you should go for.

To know more: https://timespro.com/breaking-the-myths-of-logistics-scm-job-roles-the-increasing-demand-for-scm-roles/