Logistics and Supply chain management involve all procedures, including turning raw materials into finished products. The movement of goods and services to the desired location is also included in Supply chain and Logistics.  

The advantage of incorporating a scm logistics in the business is that it reduces unnecessary expenses and transportation time allowing the company to provide the goods to the customers more quickly. 

Businesses can reduce unnecessary expenses and provide goods to customers more quickly and effectively by using supply chain management (SCM).

Suits, costly product recalls, and negative press can all be avoided with effective supply chain management.

The five important stages of logistics and supply management are- planning, sourcing, production, distribution and return. Some of the responsibilities of supply chain management are avoiding supply shortages and regulating and cutting costs. 

BBA in Supply Chain Management is a three-year undergraduate program. This program is preferred by students who want to work as business operations managers, strategic sourcing managers, global sourcing managers or vice presidents of supply chain operations. The eligibility criteria for a BBA in the supply chain is a class 12 pass in any stream from any recognised board and school with at least an aggregate of 50%. or more. Management entrance exam scores of exams like CUET UG, AIMA UGAT and SET are required to get admission to top colleges around the country. 

Some of the areas where the graduates can acquire leadership positions include manufacturing, retail, e-commerce and logistics. Graduates in supply chain management can work as supply chain analysts, procurement managers, logistics directors and operations consultants, among other roles.

The average course fees range from ₹ 3.45 lakhs to ₹ 11.07 lakhs. The jobs after this degree have salaries ranging from ₹11.0 lakhs per annum to ₹ 33.0 lakhs per annum. Amazon, Wipro, FedEx and Reliance Industries are among the leading recruiters of BBAs in supply chain management. The Bachelor of Business Administration (BBA) program in Operations and Supply Chain Management is one of the best examples of excellence in the industry. The program offers a comprehensive curriculum that equips students with the skills and knowledge needed to succeed.

MBA in Supply Chain Management is a postgraduate program for 2 years. This trains graduates to work as business operations managers,  strategic sourcing managers, global sourcing managers, and vice presidents of supply chain operations. Candidates must have completed graduation in any subject with an average cumulative score of 50% or above. Management entrance exam scores of exams like CAT, XAT, SNAP, CMAT and NMAT are required to get admission to top colleges around the country. 

Some of the areas where the graduates can acquire leadership positions include manufacturing, retail, e-commerce, and logistics. Graduates in supply chain management can work as supply chain analysts, procurement managers, logistics directors, and operations consultants, among other roles.

The average course fee ranges from ₹ 0.29 lakhs to ₹ 22.65 lakhs. The jobs after this degree have salaries ranging from ₹14.50 lakhs per annum to ₹ 35.92 lakhs per annum.  Blue Dart, BHEL, Jio, Accenture and TCS are among the leading recruiters of MBAs in supply chain management. Master of Business Administration (MBA) program in Operations and Supply Chain Management is one of the best examples of excellence in the industry. The program provides a well-rounded curriculum that prepares students with the knowledge and skills to succeed.

What is Logistics and Supply Chain Management

Graduates in Logistics & Supply Chain Management are better equipped with the skills and knowledge to manage and handle the flow of goods and services over international networks. The objectives of transportation logistics and supply chain management program is to make processes in supply chains more effective for cost-cutting endeavors and optimisation of operations. Other important topics include procurement, operations management, inventory control, logistics and risk management. With the increased importance of sustainability and technology students also research how supply chain operations can be achieved smoothly through digital tools such as artificial intelligence, blockchain and data analytics. Graduates of this program are prepared to take leadership roles in industries where supply chain management is crucial to success including manufacturing, retail, healthcare and technology. Logistics & supply chain management enhances critical thinking, problem-solving and strategic planning abilities, enabling professionals to adapt to market changes, mitigate risks and drive innovation. It offers a strong foundation for individuals who enhance business operations and contribute to organizational growth.

The first stage is customers as they initiate the chain of events when they choose to buy a product or a service. Then comes planning where the team will make plans to develop the product the customer asks. Third comes purchasing as this department is responsible for collecting the raw material needed to make the final product. Then comes the fourth stage which is inventory as this team is responsible for transferring the raw materials that are received from the suppliers, inspected for quality and accuracy and transferred to the warehouse. Then comes the last stage of production where the raw materials are transported to the production floor based on a production schedule. 

Subjects

The design of the course is provided by experienced academicians and industry experts. The teaching method is designed to give exposure to the necessary software and the latest methods used in the industry. Students can engage with senior management figures from the industry and stay updated with the latest developments through expert discussions. Here is a list of some of the subjects under this program:

Skill Development 

A wide variety of skills are acquired by the person with a qualified degree in Supply Chain Management applicable to different industries. One important skill is the ability to manage and handle difficult supply chain operations to ensure an efficient flow of goods from suppliers to customers. Students graduating with this degree gain expertise in inventory management, demand planning and procurement. This is to minimize costs also make the operation more efficient. 

Efficient problem-solving skill is enhanced through the degree program that allows students to pick the minute issues and initiate effective solutions responsive to market changes. Global supply chain knowledge and skills of the person is also enhanced to make students applicable to face and handle the challenges. The challenges include global logistics, environmental footprints and risk management. 

Development of leadership & decision-making skills: If a candidate pursues a BBA in supply chain management, effective and quick decision-making skills are necessary. By logistics, managing procurement and vendor relations, candidates can develop their leadership and problem-solving skills. They learned to analyse various situations, handle problems and make informed decisions.

Development of Time Management & Multitasking Skills: BBA in supply chain management taught candidates to prioritise tasks. Students learn to develop strong time management and multitasking skills by managing shipments, inventory and distribution networks.

Development of communication skills: professionals interact with suppliers, clients and team members, so effective communication is required. Along with effective communication skills team management skills are also enhanced in individuals as operations in logistics involve coordination with suppliers, transport providers and in-house teams. Candidates can improve their communication skills through reports, presentations and meetings.

Career prospects 

A Logistics and Supply Chain Management degree provides a broad array of career opportunities in any number of industries. This is because effective supply chain management is important to companies globally. There are numerous career opportunities available for graduates after the completion of the degree in supply chain management. Some of the career opportunities are supply chain analysts, logistics coordinators, procurement managers and operations managers where they control the flow of products and services. Some of the more specialised job postings such as warehouse manager, inventory control specialist and transport manager. All these specialised job postings aim at specific functions of logistics. 

The skills and abilities gained after completing the degree such as strategic planning, data analysis and problem-solving help the graduates to enhance efficiency and cut transportation costs. In today’s scenario e-commerce and international trade are on the rise which further increases the demand for supply chain professionals to handle and take care of the minute and complex international trade operations. 

Also additionally the incorporation and emergence of software technologies such as Artificial Intelligence, Blockchain and Automation in Logistics has given rise to new working opportunities related to supply-chain management where they integrate the technology with the supply chain. 

With companies continuing to grow internationally and face issues such as sustainability and risk management there will be plentiful career prospects for professionals in logistics and supply chain management. These working opportunities will be available in different career routes both in the private and public sectors.

Future Scope  

The Supply Chain Management program offers job opportunities in import and export businesses, warehouses and multinational logistics. The Indian logistics industry is expected to reach USD 200 billion by the end of 2025. According to a World Bank survey, India is ranked 13th in terms of FX logistics implementation.

According to a recent report this industry employs over 45 million people and is growing at a pace of 15% annually with subparts growing at a rate of 40%. This sector is expected to grow at a rate of 12% in the next three years. This in turn will create hundreds of employment opportunities in the supply chain management sector. The future of graduates in supply chain management looks bright with global trends including growing globalization, technology breakthroughs and the need for more efficient logistics.

Increasing Role in E-commerce and Retail: Online shopping has increased the need for effective logistics and last-mile delivery options. Retailers like Amazon, Flipkart, Walmart and Alibaba are increasing their supply chain networks and creating opportunities in warehouse administration, logistics coordination and demand planning.

International career opportunities: Supply chain management is a globally applicable field that offers career opportunities in multinational organisations, logistics companies and global trade businesses. Nations with strong trade and manufacturing economies, like, Canada, Germany, UAE and Singapore offer a high demand for supply chain professionals.