Is Logistics Degree Different From Supply Chain Management Degree?
If you are considering getting an online BBA degree, there might be a lot of confusion surrounding the topic of logistics and supply chain management degrees. Some people believe that they are one and the same, while others think that they are different disciplines altogether. So, what is the truth? Are they the same thing, or are they different? The answer is no - they are two different things.
In this blog post, we will discuss the differences between these two degrees and help you get a clear idea of which one is right for you.
What is Supply Chain Management?
Supply chain management (SCM) is the process of managing the flow of goods and services from suppliers to customers. It includes the coordination and collaboration of all parties involved in the supply chain, from raw materials to finished products.
SCM covers a wide range of activities, including procurement, production planning, inventory management, transportation, warehousing, and customer service. The main goal of SCM is to optimize the flow of goods and services in order to meet customer demand in a timely and efficient manner.
There are many different types of supply chain management degrees available online, ranging from associate's degrees to PhDs. However, the most popular type of degree is the BBA degree in supply chain management.
A BBA program in supply chain management typically takes four years to complete and covers a wide range of topics, including economics, business, mathematics, and statistics.
What is Logistics Management?
Logistics management is the process of managing the flow of resources between the point of origin and the point of consumption. That is, logistics management involves the process of management and integration of goods of an organization from the time of procurement to the time of consumption.
Logistics management is a part of supply chain management, but it is not the same thing. The main difference between logistics and supply chain management is that logistics focuses on the movement of goods, while supply chain management focuses on the coordination and collaboration of all parties involved in the supply chain.
Like SCM, there are many different types of logistics management degrees available online. However, unlike SCM, most logistics management programs are offered at the master's level. A master's degree in logistics typically takes two years to complete and covers a wide range of topics, including transportation, warehousing, and customer service.
How to Make a Career in Supply Chain Management?
There are many different types of careers in supply chain management. Some people work in procurement, production planning, inventory management, transportation, warehousing, or customer service. Others work in sales, marketing, or finance.
To become a supply chain manager, you typically need a BBA degree in supply chain management. However, some employers may require a master's degree.
The median annual salary for supply chain managers is $81,390 in the US. The top ten percent of earners make more than $127,000 per year.
If you want to make a career in logistics management, you typically need a BBA degree or higher. A bachelor's degree is the minimum requirement for most entry-level positions in logistics management.
The median annual salary for logistics managers is $74,600 in the US. The top ten percent of earners make more than $120,000 per year.
Roles and Responsibilities of a Supply Chain Manager
The roles and responsibilities of a supply chain manager vary depending on the size and type of company. However, there are some common duties that all supply chain managers perform.
Some of the most common duties of a supply chain manager include developing and implementing supply chain strategies, coordinating and collaborating with suppliers, managing inventory levels, and overseeing transportation logistics.
In larger companies, supply chain managers may also be responsible for financial planning and budgeting, as well as sales and marketing.
In contract, as a logistics manager, your job role is to efficiently organize the storage and transportation of goods. This might include planning routes, organizing schedules, and dealing with any issues that may arise during transport. You will also be required to maintain records and develop efficient ways to track goods throughout their journey.
Are Logistics jobs in Demand?
Yes, logistics jobs are in high demand. There are many different types of careers in this sector. The following are some of the most popular logistics jobs:
Demand Forecasting: In this role, you will be responsible for creating models that predict future demand for goods and services.
Inventory Management: In this role, you will be responsible for managing the inventory of a company. This includes tracking levels of stock, ordering new supplies, and ensuring that items are available when needed.
Transportation Manager: In this role, you will be responsible for coordinating the transportation of goods. This includes planning routes, scheduling deliveries, and dealing with any issues that may arise during transport.
Customer Service: In this role, you will be responsible for providing excellent customer service. This includes answering customer inquiries, resolving complaints, and ensuring that customers are satisfied with the products and services they receive.
Materials Handling: In this role, you will be responsible for the safe and efficient handling of materials. This includes loading and unloading goods and moving them to the appropriate storage areas.
Packaging: In this role, you will be responsible for packaging goods. This includes selecting the appropriate materials, designing packaging that is safe and secure, and ensuring that items are correctly labeled.
Reverse Logistics: In this role, you will be responsible for managing the return of goods. This includes coordinating with suppliers, processing refunds, and ensuring that products are correctly disposed of.
Order Management: In this role, you will be responsible for managing customer orders. This includes processing payments, arranging deliveries, and dealing with any issues that may arise.
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