Prestige University in Indore is dedicated to delivering industry-relevant education that empowers students to become innovative leaders in their fields. As a UGC-recognized, MPPURC-approved university and a member of the Association of Indian Universities (AIU), it offers programs designed to address real-world challenges. The MBA in Logistics & Supply Chain is tailored for those aspiring to excel in the fast-evolving landscape of supply chain management. This program emphasizes strategic thinking and practical skills, preparing students to navigate the complexities of global logistics and supply chains effectively.
Trends Shaping the Supply Chain Landscape
The logistics and supply chain industry is undergoing significant transformation, driven by trends such as increasing specialization and rising digitization. These changes necessitate talent equipped with new skill sets to meet evolving demands. According to the Indian Logistics Industry Outlook 2020, the projected size of the logistics market in India is estimated to reach $300-350 billion by 2025, growing at a compound annual growth rate (CAGR) of 8-10%. Furthermore, a report by Teamlease and BCG Analysis indicates that 10,000 to 15,000 jobs for managers in the supply chain and logistics sector will be created between 2020 and 2022, highlighting the sector’s rapid expansion. Globally, there is an estimated demand-to-supply ratio of 6:1 for skilled supply chain professionals, as reported in the DHL Research Brief on The Supply Chain Talent Shortage. These statistics underscore the increasing importance of a robust educational foundation in logistics and supply chain management, making the MBA program at Prestige University an invaluable opportunity for aspiring professionals.
Insights from Industry Leaders on Supply Chain Skills
Industry experts emphasize the critical skills required for success in the logistics and supply chain field. The Co-founder and COO of Jumbotail highlights the dual skill set needed, stating, “There are two important skills needed in supply chain: people management skills to deal with a variety of people from blue-collar workers to strategy teams, and deep analytics/technical skills to solve complex optimization problems. Mathematical orientation and technical skills are critical and largely missing.” Furthermore, an expert from the founding team of Rivigo asserts, “Supply chain is now becoming an important differentiator that can provide a competitive advantage to businesses. Appreciation for the increasing role of technology resulting in effective tracking in logistics, high control over quality, and optimized logistics costs is crucial.”
MBA in Logistics & Supply Chain at Prestige University
The MBA in Logistics & Supply Chain at Prestige University is meticulously crafted to equip students with the skills necessary for navigating the complexities of global supply chains. The program features an industry-relevant curriculum, complemented by practical experience gained through internships and a capstone project. Students will learn to design supply chains that enhance customer experiences, innovate business solutions for complex supply chain challenges, and deploy cutting-edge tech-based solutions to optimize operations. Additionally, the program emphasizes the importance of building sustainable supply chains to meet contemporary environmental standards. This degree opens doors to diverse sectors, including Logistics & Warehousing, Agri Retail Marketing, Commodity Trading, Agri Finance, and Procurement & Sourcing Departments. In the final two terms, students can choose one of three super specialization tracks: Procurement & Sourcing, Process Excellence & Supply Chain Planning, or Warehousing & Logistics, allowing them to develop deep domain expertise in their area of interest.
Employment Scope of a Logistics & Supply Chain Professional
The employment landscape for Logistics & Supply Chain professionals is promising, with the Indian Logistics Industry Outlook 2020 projecting the market size to grow by $350 billion by 2025. Delivering products and services at the right time, place, cost, quantity, and quality is central to logistics and supply chain management. In the retail sector, priorities such as perfect order deliveries, customer responsiveness, and cost-efficiency are vital competitive advantages. Given that every retail organization relies on a robust supply chain, this field offers numerous opportunities for employment across various sectors. At the entry-level, Logistics & Supply Chain professionals in India can expect a median salary of approximately ₹7.35 LPA, reflecting the sector’s potential for career growth and financial stability.
Admissions Open for the MBA in Logistics & Supply Chain
Prestige University is excited to announce that admissions are open for the MBA in Logistics & Supply Chain program. This comprehensive program not only equips students with essential skills and knowledge to excel in a rapidly evolving industry but also provides hands-on experience through internships and real-world projects. As the logistics and supply chain sector continues to grow and transform, there is a critical demand for professionals who can meet the challenges of a globalized economy. By enrolling in this program, students will position themselves at the forefront of this dynamic field, ready to make impactful contributions to organizations. Don’t miss the opportunity to build a successful career in logistics and supply chain management—apply today!
To apply or for more information, click here.