Supply chain and logistics are important aspects of any business operation, whether the business is small or large. It has become ever more crucial with the advent of digitalisation and pandemic-led changes. The pandemic has made every organisation realise the importance of investing in technology for the resilient and agile supply chain management.
The supply chain and logistics in India is one of the largest and fastest growing sectors, and the Indian logistics market is estimated to grow to 380 billion dollars by 2025. However, there is an acute shortage of trained supply chain experts to address the challenges in the logistics sector. The logistics and supply chain management courses available in India are trying effectively to cater to the growing demand in this sector.
- The transformation of logistics and supply chain operations in India
India is fast gaining worldwide recognition for the exponential growth of its economy, with many multinationals from the retail industry planning to set up their operations in the country. Apart from multinationals, large local retailers are also planning to expand their operations in India. With increasing investment directed to developing infrastructures like logistics parks, hubs, and other initiatives by the public and private sector, logistics and supply chain operations are transforming for the better. An improved logistics infrastructure will help to keep costs low and operational efficiency at an all-time high. The increasing capability of the service providers in adapting themselves to the utilisation of technology in supply chain operations has made it possible for the growth of this sector.
The transformation of logistics and supply chain operations in India was further accelerated by the disruption and loss faced during the pandemic period. The adoption of modern technology like artificial intelligence, machine learning, the Internet of Things, blockchain, and cloud computing has helped supply chain management to transform into a well-oiled automation process. Technology has made it possible to enhance enterprise-wide connectivity, conduct real-time analytics, automate tracking processes, and optimise resources with detailed accuracy. The enhanced real-time visibility of operations helps provide customers with accurate and detailed information at any given point during the movement of goods in the supply chain.
While India’s supply chain logistics are continuously improving, there are still a lot of hurdles faced that devalue its global logistics performance. To achieve global acclaim, India must harness the power of cutting-edge technology to have long-term sustainability.
- 5 best career options for logistics and supply chain professionals in 2022
There is a lot of scope for Supply Chain Management (SCM) in India due to the increasing complexity of supply networks, shorter product life cycles, shorter delivery timelines, and globalisation of business. The potential for jobs is very high as there is a wide variety of responsibilities in SCM. A certificate in logistics and supply chain management would be beneficial for job seekers interested in pursuing a career in this sector.
A few of the career opportunities in Supply Chain Management are discussed as follows:
- Purchase Manager
A Purchase Manager is also known as the purchasing director or supply manager. Their role is to procure goods and services for use or resale. While sourcing for suppliers, their role involves evaluating suppliers, reviewing the product quality, determining the frequency of orders, negotiating contracts, and ensuring the purchase meets the company’s criteria. They try to procure goods or services that are the best at the lowest available price without compromising on quality.
- Inventory Managers
Inventory managers are responsible for ensuring that the company’s inventory is up-to-date and sufficient for any projects a company wants to undertake in the future. Professionals with this profile define the annual plans for a company to source raw materials. They are also responsible for recording daily deliveries, evaluating new shipments, and analysing suppliers.
- Operations Managers
Operations managers oversee the business activities related to the company. They are responsible for hiring, supervising, and training employees, managing quality assurance programs, and strategizing process enhancements at the company. They plan and control the entire operation process and devise strategies to improve performance.
- Logistics Managers
Logistics managers supervise the purchasing as well as distribution of products in a supply chain. They are responsible for providing efficient and timely delivery of the product to the customers. They also need to keep track of warehouse inventory, monitor and manage budgets, select carriers for transportation, negotiate with carriers for the best price possible, and resolve problems that occur in the supply chain.
- Warehouse Manager
Warehouse managers are responsible for all activities of the warehouse, expediting the shipping and receiving of goods, and ensuring the organised and efficient storage of goods. They need to ensure that the productivity targets for the warehouse are met. The proper utilisation of warehouse space and proper handling of mechanical equipment are also a part of their job.
6.Certification that offers you a career edge
The job market today is filled with challenges and is more competitive than ever before. The need of the hour is for job seekers to be equipped with additional qualifications in the supply chain management field to be gainfully employed. One of the courses that can boost your employability is the exclusive programme by TimesPro, the Post Graduate Programme in Logistics & Supply Chain Management (PGPLSCM), which guarantees placement and lucrative salary in one of India’s 350+ leading companies.
This Post Graduate Programme is designed using research, new business models, and trending technology by sector specialists, vertical veterans, and industry watchers to gear up your career in the competitive field of Supply Chain Management. This program is exclusively catered to aspiring operations professionals to gain an understanding of SCM and how to leverage technology to improve operational efficiency and decision-making across the supply chain.
India’s Logistics & SCM sector has witnessed a booming growth in demand for qualified and trained SCM professionals across industries and functional roles, with around 13.9 million people to be employed by 2022.
A few highlights of PGPLSCM are as follows:
● In-depth coverage of all relevant Supply Chain topics
● The intensive curriculum delivered in just 4 months
● Blended learning with hands-on project experience
● Built-in industry certifications
● Career counselling and placement assistance
To know more: https://earlycareer.timespro.com/blog/5-best-logistics-and-supply-chain-career-options-in-2022/
