Logistics is a field that comes under Supply Chain Management (SCM). The domain of logistics as a part of the supply chain includes purchasing raw materials, production, packaging, shipping and delivery, and inventory. Primarily refers to the business department that typically oversees and facilitates every step of the supply chain, ranging from business to consumer. Logistics is a very diverse sector integrating almost every part of modern society, also becoming a very popular and lucrative career alternative. The constantly rising demand for professionals within the logistics sector has made MA in Logistics programme a sought-after qualification for building a career in the fast-growing logistics sector.
Logistics is a massive sector offering opportunities to individuals with the right skills and qualifications. The sector is looking for qualified professionals because the logistics industry has evolved drastically over the years with the introduction of the new trade route and digitalised tools. If you are looking to build a career in logistics, then these are some things that you must know about a career in logistics:
Employment projection for logistics looks positive
The demand for professionals in the logistics sector is growing with the rising e-commerce industry. The job outlook for logisticians is 4 per cent as fast as the national average from 2019 to 2029, as projected by the U.S. Bureau of Labour Statistics. Moreover, the global logistics market is projected to grow by $12.68 billion by 2023. That’s not all. The logistics industry’s compounded annual growth rate was estimated to be 3.49% from 2017 to 2023. These figures and growth rates make a career in logistics highly desirable.
Logistics is a vast industry
Any business or organisation manufacturing and selling products need logistics professionals to operate smoothly without disruption. Logistics plays a crucial role in boosting the economic base of any country.
Skills required for a career in logistics
Some of the essential skills required for a career in logistics include project management, stress management, problem-solving skills, communication skills, adaptability, and the ability to look at the bigger picture. A career in logistics requires professionals to be highly skilled as they will be working in a dynamic and fast-growing industry.
Higher education in logistics can help advance career
Pursuing higher education, such as a master’s degree in logistics, can be instrumental in career progression. A master’s degree in logistics can lead to a lucrative career path by enabling them to take on roles based on their expertise.
Diversity of jobs within the logistics sector
Logistics is a vast industry with diverse job roles. Here are some of the most prominent and high-paying job roles offered within the logistics career:
- Supply Manager
- Logistics Analyst
- Fleet Manager
- Production Manager
- Distribution Centre Manager
- Purchasing Manager
- Production Manager
- Commodity Manager
- Procurement Manager
Work location can vary
Logistics is a part of many businesses and organisations. Therefore, building a career in this field can mean working at various workplaces.
According to US News and World Report Best Business, working as a logistician can be highly satisfying. In 2012 the Council of Supply Chain Management Professionals (CSCMP) survey reported nearly 79% of logistics professionals are satisfied with their jobs. Pursuing higher education in logistics can set you up for a remunerative career in logistics.
Now that you are familiar with nearly all facets of a career in logistics, apply for an MA in logistics programme!