Every parent wants his/her progeny to acquire a good degree and make a good living out of it. Many people desperately try to find courses that can help their children get to great heights. The great scope of MBA in logistics and supply chain management has motivated many parents to persuade their children to pursue that degree. Even the students are motivated to take up logistics and supply chain management as a career option because of the ever-increasing popularity of the department. The job opportunities available in the stream will leave you astonished.
Logistics and supply chain management is stream that gained a lot of popularity and importance in the recent past. This is the main reason why there are numerous good job opportunities available in the stream. Most of the people are reluctant to go for MBA course as the main area in which the people who have MBA degrees are placed is the banking and finance sector. The remunerations in this area is not that motivating when compared to high educational cost.
Every industry should have a good logistics and supply chain management team nowadays. It has become the part and parcel of every industry within no time as the global aspect of businesses came into being. Most of the business sectors are dreaming about going global in some point of time. This can only be attained with the help of a sound logistics and supply chain management department. The truth is that the booming nature of industrial economy has had a great positive impact on the rise of popularity of the supply chain management scenario.
The foremost objective of the logistics management team is collecting the raw material from different suppliers and delivering the products to end customers. Apparently, the supply chain management deals with managing the entities that are involved with the trading process apart from the logistics. In short, the main entities that are involved with the supply chain management are manufacturers, distributors, sales channels, service providers and the customers or the end users.
It is a known fact that the logistics department works hand in hand with the industries like international trade, airlines, IT, national defense, and military, retail, mining, natural gas, public transportation, food & grocery, railways, hotel and hospitality and a lot more.
The domestic logistics industry in India is estimated to have a business having worth of more than 110 billion dollars in the succeeding two years. This is the reason why having an MBA degree in this area is considered to be a great career move.
This degree can help you in technically developing your analytical and crisis solving skills and critical thinking that are considered necessary for exercising business management when the business scenario is complex.
The curriculum aims in enabling the MBAs to make use of their theoretical knowledge and in-depth knowledge in the different business processes that are involved in logistics and supply chain. The fact that India is now the second economy in terms of the pace in which the growth is happening also contributes to popularity of the MBA degree in logistics and supply chain management.