Why Logistics Specialisation?
What should I take as specialization in MBA? HR? Marketing? Finance? Systems? IT? Logistics and Supply chain Management? Why should I do MBA Logistics? Is there any Job scope? What is a career in Logistics like? Sounds like a very familiar scenario.
In a recent Logistics seminar as part of Emerging Kerala, the speakers of seminar highlighted on Kerala’s strategic location in the international waterways, thereby paving way to an upcoming area of importance: logistics. A much needed boost to Kerala economy. Logistics – the management of the flow of resources from the source point to the point of destination – was the main topic of discussion.
Globalization has transformed and joined different markets and Business partners to attain synergies and redefined how products and services are designed, developed and delivered, thereby highlighting on the importance of Logistics and Supply Chain function. It’s critical for any business to have at least a solid understanding of how their products and services – and those of their competitors – are developed and distributed.
MBA Logistics or MBA Supply Chain and Logistics specialization provides MBA aspirants with the knowledge and skills necessary for understanding just how these products and services are best developed and distributed in a global economy. Logistics and Supply chain MBA specialization helps students to understand how to import and export supplies and products to/from different global markets, achieve efficiencies of scale in production, give an insight and understanding into what your competition is doing, and helps in developing an analytical framework for identifying business challenges and opportunities.
A spread of business skills, knowledge of the logistics process, and relevant internship/work experience would help one leverage and give one ample opportunity to begin one’s logistics career with a manufacturer, retailer, carrier, 3PL (third party logistics) firm, or other similar organization. MBA Logistics professional would likely begin as a management trainee, analyst, or first line supervisor.
Students taking logistics management as their area of specialization in MBA will have career opportunities in the following areas
(1) Management roles in transportation and warehousing companies.
(2) Functional areas of Distribution, Logistics, materials or traffic management departments of manufacturing, retailing, and wholesaling firms; or
(3) Functioning in Research and administrative agencies of government concerned with transportation and logistics matters.
Prof. Pradeep Kumar , B.Tech, MBA (Former Senior Manager – Wipro Consluting Services)