“Price is what you pay, Value is what you get”
In recent years, logistics and supply chain management sector is booming rapidly due to technology.
What are logistics and supply chain management?
Logistics is nothing but the part of supply chain management which entirely works for the flow of goods starts from production till it reaches the end consumer.
Every logistics industry has a perspective of satisfying their customer. Here, important 7R’s system mentioned which is followed by the logistics industry includes Right Product which is in the Right Quantity at Right Condition to the Right Customer with Right Price at Right Time and Place.
Let us see some famous logistics and supply chain industry in India and also in the world.
- Mahindra Logistics
- Gati Limited
- All cargo Logistics Ltd
- Adani Logistics Company
- United Parcel Service (UPS)
Logistics field is growing rapidly and there are huge career as well as business opportunities available in overall the world.
Now, here we have some job opportunities:
- Logistics Executive/Manager
- Logistics Engineer
- International Logistics Manager
- Supply chain Manager and so forth.
For cracking the logistics interview, one must know all the information about the company, the logistics process, etc.
Why the logistics and supply chain are so important?
All people want their need for the choice of product. In this, the logistics and supply chain play their active role in satisfying the people’s needs and wants. Logistics management plan and then implement the flow of goods and transport it from the global to satisfy the people’s need
Future of Logistics and Supply Chain Industry:
The future will be drastically changed due to technological trends. Some trends to be used in this industry are:
- Artificial Intelligence
- Supply Chain Digitalization
- SaaS in supply chain management
- Internet of Things (IoT)
- Agile Supply chain
Soon, the logistics and supply chain industry will become digitalized with technology. The most important part is that the individual should upgrade with advanced technology to get successful.