You might want further information on the distinctions between logistics and supply chain management degrees, given your BBA. That are two distinct things. Hence, the response is no.
This blog post will discuss the differences between these two degrees, which should help you decide which is best for you.
What is supply chain management, exactly?
Supply chain management controls the flow of goods and services from suppliers to consumers (SCM). From raw materials to finished items, all parties involved in the supply chain must be coordinated regularly.
SCM encompasses a variety of activities, including production scheduling, customer service, transportation, and inventory management. The main goal of SCM is to effectively and efficiently control the flow of goods and services to meet customer demand.
The degrees offered by online supply chain management schools range from an associate's to a Doctorate. Nevertheless, the degree type that is most frequently utilized is a BBA in supply chain management.
Supply chain administration BBA degrees usually need four years to complete and cover various topics, including business, economics, mathematics, and statistics.
What Is Logistics Management?
Logistics management manages resource flow from the point of origin to the end of consumption. Handling a company's products from the point of purchase to the point of consumption is included in logistics management, in other words.
Although the two are separate, supply chain management also involves logistics management. The main difference between logistics and supply chain management is that the latter focuses on moving goods. Contrarily, supply chain management strongly emphasizes the coordination and collaboration of all parties involved in the supply chain.
There are several online degree programs in logistics management similar to SCM. Unlike SCM, most logistics management programs are only offered at the master's level. Customer service, warehousing, and transportation are topics addressed in a two-year master's program in logistics.
How Does Career Development in Supply Chain Management Work?
There are several employment opportunities in supply chain management. Some people work in customer service, logistics, warehousing, inventory control, purchasing, and production scheduling. Others work in sales, marketing, or finance.
To operate as a supply chain manager, you frequently need a BBA in supply chain management. However, in rare cases, a master's degree may be required for employment.
The standard educational requirement for a profession in logistics management is a BBA or higher. For the majority of entry-level jobs in logistics management, a bachelor's degree is the bare minimum needed.
In the US, logistics managers typically earn $74,600 a year. The top 10 percent of earners make more than $120,000 each year.
The duties and responsibilities of a supply chain manager
The duties and responsibilities of a supply chain management vary depending on the size and kind of the company. Yet, all supply chain managers complete a set of everyday duties.
Regular duties of a supply chain manager include developing and carrying out supply chain strategies, collaborating with suppliers, managing inventory levels, and overseeing transportation logistics.
Supply chain managers may also manage larger companies' sales, marketing, financial planning, and budgeting.
As a logistics manager, you must organize the storage and transportation of goods efficiently. This includes planning routes, scheduling events, and solving transportation-related issues. Also, you'll need to keep an eye on things and devise efficient ways to monitor objects as they move.
Are there any job openings in logistics?
The need for jobs in logistics is very high. There are several employment choices in this area. The following are some of the logistics jobs that are most in-demand:
- Demand Forecasting: In this role, you will create models that project future demand for goods and services.
- Inventory Management: In this role, you are in charge of keeping an eye on the company's inventory. This includes monitoring supply levels, placing fresh orders, and ensuring supplies are available as needed.
- Transportation Manager: In this role, arranging the movement of goods is your responsibility. This includes creating delivery schedules, planning routes, and managing any issues arising while in transit.
- Customer service: In this role, you provide excellent customer service. This includes attending to client inquiries and issues, resolving complaints, and guaranteeing that customers are satisfied with the products and services they get.
- Materials Handling: In this role, you are in charge of handling products safely and effectively. After loading and unloading, the goods are moved to the appropriate storage places.
- In this role, you will be in charge of packaging. Suitable materials must be selected, secure packaging must be made, and items must have the correct labels.
- Reverse Logistics: In this role, you are responsible for coordinating the return of goods. Working with suppliers, managing refunds, and seeing that goods are disposed of appropriately all fall under this category.
- Order management: In this role, you must keep an eye on customer orders. This entails resolving issues, planning delivery, and handling payments.
In today’s post, we will know about the full form of BBA, ITI, MI and what it is called, all the information through today’s post.
So guys let’s go to this postMost important full form BBA, ITI, MI best ideas We will talk about the full form of BBA, first we will discuss about BBA, what is BBA, how to do, what should be the qualification to do BBA, how many courses are involved in doing BBA courses, what subjects have to be studied in those courses.
And the top BBA will talk about the college.
