The Indian market is full of opportunities compared to developed markets. The demand for logistics services such as transportation, warehousing and value-added services in India has remained buoyant, as the Indian economy has grown at a CAGR of 8 per cent during the past eight years. This has resulted in the creation of a need for a vast range of supply chain management and logistics solutions that cover several factors such as supply chain, logistics, material handling, storage, warehousing and inventory management.
India is witnessing growth in the manufacturing sector and this trend is likely to gather momentum with the gradual revival of the global economy. Several global third-party logistics providers (3PLs) have already started developing their operations and service networks in India with a purpose to explore the Indian economy. The Indian 3PL market is anticipated to witness a CAGR of around 27 per cent during the forecast period of 2012-14, generating a total revenue of nearly $5.8 billion by 2014. The rating agency Fitch believes that the Indian logistics industry will sustain its growth in the coming years, particularly on the back of retail, automotive and food processing industries. Industry estimates suggest that the logistics industry is expected to grow at 15-20 per cent a year to reach around $350 billion by 2015 from its current size of around $80 billion.
India’s air cargo movements will grow as Foreign Direct Investment (FDI) limit in cargo airlines have been raised by the government from 49 per cent to 74 per cent to attract major overseas players to expand their Indian networks and capacity. Job postings for all types of logistics and supply chain positions continued strong in 2011. More companies are buying long-term recruitment packages from career centers, suggesting that hiring activity will remain robust in 2012. So, the outlook for those seeking jobs in logistics and supply chain management appears to be pretty bright. As logistics involves moving goods from one place to another, most firms have offices and opportunities worldwide.
The logistics sector will require manpower in the days to come. Successful career in logistics can offer exciting challenges, early responsibility, travel opportunities and excellent remuneration. Multitudes of organizations worldwide, ranging from traders, manufacturers, the armed forces, shipping lines, airlines, freight forwarding companies, SCM firms, road transporters, rail freight operators, 3PLs, and warehousing companies. To begin a career in logistics, you must first understand what the shipping, airline and freight logistics companies seek in a candidate. None of them worldwide asks for a diploma in logistics or supply chain management from any university or organization.
The general requirements of logistics companies can be listed as.
- A year or two of experience in shipping, air and ocean freight logistics sales.
- Knowledge of air, ocean freight forwarding and legal aspects of shipping.
- Excellent English communication skills, and fluency in the local language where you want to work. Knowledge of additional foreign languages is always advantageous.
- Proficient in computer applications: Office applications, Internet and fast typing.
- Driving license.
- Excellent sales skills.
Where to study?
You must not select an institute based on outlook, fancy interiors, big advertisements, certificates or diplomas or job guarantee. Your concern must be in the right curriculum covering every aspect of integrated international logistics and profile, capability and expertise of the trainers to transform you with the right logistics knowledge and make you worth hiring. Your institute must educate you on air, ocean freight and legal aspects of logistics. Check if these are covered in the curriculum, as these are very important to get a job and for your career growth. You may also seek testimonials from past students or check with current students. Job guarantee offers can backfire on your career if you have not acquired any job knowledge. More than job guarantee, always look for quality knowledge that will land you the job on merit and give a lifelong mileage in your career anywhere in the world. With the right knowledge, you will be able to tap opportunities easily, get yourself employed and scale the corporate ladder internationally faster.
In India, a senior-level professional in logistics can easily earn up to RS. 25 lakh a year. The pay and lifestyle can be even more attractive if you work abroad. Since without logistics, nothing will happen employment in this sector will be stable and enduring.
Are you ready?
The author is an international corporate trainer and consultant in integrated international logistics, SCM and Trade, and director, SCM Hub. We Provides The Best Logistics Courses in Kerala, India.