What Is a Logistics Degree?
When the 21st Century ushered in the Internet age, nobody anticipated the impact the World Wide Web would have on commerce and industry. Logistics is the management of storage and distribution of goods, and although logistics dates back to Ancient times, it has grown significantly in the past decade with the advent of e-Commerce through the Internet.
Logistics inventories, stores and ships goods. Logistics managers must know what’s in inventory, what needs to be shipped, where it needs to be shipped, and the most economical way to store, process and ship it. This requires an extensive knowledge of the shipping and transportation industries, as well the economics of storage and space utilisation.
Without logistics, Ancient militaries would not have had the supplies they needed to win wars. Today, logistics is literally at the centre of many businesses, whose primary focus is the manufacturing, production and/or shipment of goods. Logistics doesn’t merely revolve around military installations anymore; it’s a global force in a global economy, critical to the success or failure of a business.
Students who are interested in working within the shipping and transportation industry should pursue a degree in logistics. The field is growing in importance and popularity, and requires more than just knowing how to ship something. Logistics managers must stay on top of legislative policy, fuel costs and the environmental issues surrounding our planet to ensure they properly store, manage and ship their company’s products to the customer with the highest care at the lowest price.
Logistics Job Opportunities
Graduates with a logistics degree will work toward managing a distribution centre or warehouse. Aside from making sure everything gets where it needs to go within regulation and at the best possible cost, logistics managers are also in charge of the warehouse staff, liaising between corporation and client, staying on top of the IT systems utilised in modern logistics, bringing in new business and ensuring the safety of both the warehouse and its staff.
Upon graduation, logistics students will most likely enter the warehouse in an entry-level position to gain the necessary experience required to manage the facility. Starting salaries range from £15,000 to£18,000.
As graduates work their way through the ranks toward middle management, senior management and finally managing the facility, they will earn anywhere from £19,000 to £60,000, with some companies paying their logistics managers bonuses ranging from 10 to 40 percent.
Logistics curriculum emphasises management and computer skills. Because the warehouse and shipping industries are computer-driven these days, students will spend some of their time working within communications studies to gain a handle on managing and processing inventory electronically. Other studies include economics, transportation, business management and managing employees. Laws and safety regulatory practices are also crucial to the logistics student, who must be prepared to run all facets of the warehouse and its operations.
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