Logistics is the art and science of managing and controlling the flow of goods, energy, information and other resources from the source of production to the marketplace. Logistics is concerned with strategically managing the supply chain so that the right goods get to the right place, in the right quantity, at the right time, in the best condition & at an acceptable cost. It is a practical discipline, concerned with planning and management, and is very much focused on getting things done. A centre focus of all business organizations today is the management of their supply chains.
A typical supply chain for a product involves input from the supplier, producer, distribution centre, retailer & consumer, whilst transport is the link between all stages – Transportation firms, Third-party logistics firms, Manufacturing firms, Merchandizing firms, Consulting firms, Service institutions and other organizations.
The domestic logistics industry, which is estimated to generate business worth $110 billion in the next two years, would need 420,000* skilled manpower by 2015.
The number of warehouse managers required in the organized sector is estimated to be around 14,000 which would grow up to around 35,000* by 2015. Expenditure on logistics (INR 90 trillion globally; INR 4 trillion in India) indicates the importance of this sector and justifies a deeper look at its unique characteristics, a very important one being its manpower intensity.*According to Deloitte, CII & KPMG Report.
Kochi is set to alter the development map of Kerala, by ushering in huge investment in the coming years. The Rs. 2118 crore ICTT (International Container Trans-shipment Terminal, Vallarpadam), India’s first global hub terminal, is cleared by the Centre in August 2004. The ICTT project is also set to launch a series of ventures including the Rs. 1600 crore LNG terminal, the port-based Special Economic Zone (Rs. 1510 Crore), International Ship Repair Complex (Rs. 315 crore), SBM (Single Buoy Moorings) for Kochin Refineries Ltd. (Rs. 720 crore), Petro-chemical complex for Gas Authority of India (Rs. 7000 crore), International bunkering terminal, Bulk cargo terminal, Cruise ship terminals, International Marina etc.
All these investments put together Kochi will become the biggest hub for Logistics in India. This in term will create a huge employment woe, with which the present skilled manpower is less than 1%, therefore, the employment opportunities for the skilled manpower is more compared to other sectors.
India’s first international container trans-shipment terminal (ICTT) in the Special Economic Zone at nearby Vallarpadam Island, Kochi designed to handle the largest container ships, was opened by Prime Minister Manmohan Singh. The country’s first global hub terminal, the ICTT is in strategic proximity to international sea routes.
Cochin Port Trust said that Kochi is an ideal location for the development of an ICTT due to its proximity to trunk sea-trade routes, from Europe and West Asia to the Far East and Australia, and well-established network of railway and highway connections across the country. The port also has a large green-field area for future development. Taking into account the potential, the Government of India took a decision to develop Cochin Port as a Container Transshipment Port.
The terminal has opened up the immense potential for allied industries such as container freight stations, ICDs, port-based SEZ, movement of cargo through inland waterways, logistics and warehousing centers, and so on. Being labour-intensive industries, these are expected to generate substantial employment opportunities in Kerala.
SLMT assists the students in not just getting placed with the Logistics Companies but also in the various sectors of the economy. The number of opportunities is huge and provides a great platform for fresher talents.
Logisticians work in virtually every industry in the business world, including:
There are various positions or designations to fulfil the goal. Following are the different positions in Logistics.