Logistics is a business planning framework to manage material, service, information and capital flow between points of origin and consumption to meet customers’ or corporations’ requirements. With the development of various aspects of logistics, the modernday supply chain considers logistics as an entire value chain from the manufacturer to the consumer, with composite and elaborate procedures for flow of goods.
India spends around 13% of its GDP on logistics. With the kind of support the government plans to give to infrastructure projects, the logistics market is expected to grow to about Rs 12,000 crore over the next three-four years, according to reports. The e-commerce boom has opened new avenues in logistics. The industry is at a more mature stage in supply chain solutions in terms of IT, infrastructure and operations than it was a decade ago. There is, however, still a demand-supply gap in terms of human resources at the middle and senior levels. This is because senior profiles require advanced skills to manage and understand customers’ expectations. At an operational level, too, while an organisation trains employees to work with new systems and technology, an analysis of the bigger picture of demandsupply reveals a lacuna in terms of technological expertise.
Recruitment and job op portunities in this field largely depend on how the country’s macroeconomic situation changes. With an improving investment climate and area-related expertise brought in by multinational companies, there is a renewed focus on skill development and employment generation. New trends are emerging in supply chain optimisation, integrated logistics solutions, logistics clusters and network optimisation, among others. Given that newage challenges require such skills, hiring is expected to continue throughout the year.
Given that supply chain and logistics is an emerging field, companies are looking for professionals with new and advanced skills in their fields. Jobs in this sector can be found in several verticals such as sales, marketing, operations, customer service as well as in support functions, including finance, HR and IT.These jobs require domain knowledge as per functional requirements. For example, a person in operations should know about airocean exportimport proce
dure and trade documentation. In addition to functional competencies, companies focus on basic behavioural competencies, like customer and service orientation, business acumen, relationship management and flexibility as well. To do well, most roles require analytical and problem-solving skills.
Entry-level pay in the in dustry ranges from Rs 2.5-4.5 lakh a year. For managers and senior staff, one can find variable salary packages with annual increments ranging from 25-30%.