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A CAREER IN LOGISTICS – WHY?

Logistics Industry is coming up, not just for those looking at entry-level career opportunities, but also for the mid-level to senior-level aspirants trying to spot the next best position for them. Yes, the logistics industry in India is expanding at an unprecedented rate to bring forth a plethora of career-shaping prospects for professionals from all walks of life. In this article, we’ll give you a quick rundown of what logisticians do and what you can expect from a career in this crucial field.

WHAT IS THE WORK OF LOGISTICIANS?

Let’s start with the basics. Logisticians are to manage a business’s supply chain—their work falls under the broader shade of supply chain management (SCM). Typical job duties include developing relationships with customers, ensuring all materials are transported on time, knowing customer needs, and diminishing the cost of moving goods and materials. But that’s just scratching the surface—if this sounds like the type of job that would interest you, read on for additional insight.

LOGISTICS MEANS OPPORTUNITY:

According to Forbes. Com, a staggering 1.8 million jobs will require to be filled in logistics by 2023. Because of this, there aren’t enough candidates to fill the positions. This develops an opportunity for all willing to rise to the occasion to join the fast-paced world of logistics.

LOGISTICS MEANS FLEXIBILITY:

From working from home to working in a high rise, positions within the industry have flexibility. The job roles may be very hectic as each day is a unique adventure–but those experiences don’t happen in a quiet cubical.

LOGISTICS MEANS EXPERIENCE:

In very few industries, do you have to change hats as often as you do within third-party logistics? One moment you will speak to a CFO about the impact of transportation pricing on an organization’s bottom line and the next, discuss route optimization with a contracted carrier partner. Having a robust communication skill-set is an essential trait to have. From inside sales to running a board room presentation, roles within the logistics field give the authority and experience to communicate with individuals at any organizational level.

Is it a logistics career for you?

Logistics has many levels and facets. This allows for advancement opportunities to be available. As the industry and organizations within it grow, high mobility within a company is certain. From building out departments to run sales teams, there is shifting and shaping within organizations, leading to more and more evolution.

WAYS TO BREAK INTO LOGISTICS

Update your resume to highlight skills that align with the opportunity. If you’ve already worked in a role (or completed an internship) where you oversaw inventory management or assisted with the operation, then highlight these accomplishments on your resume. As a logistics manager, you’ll be working with procurement, finance, sales, marketing, and other departments to develop and start strategies. So, if you were cross-trained across multiple organizational departments, point that out on your resume.

As you explore your opportunities in logistics, be sure to follow the advice in this blog and if you want to apply for this exciting career, please visit https://dexters.co.in/career/

 

 

 

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The Impact of E-commerce growth on Logistics

The growth of the e-commerce region has given the logistics industry to develop and broaden its activities. E-commerce represents a rising share of the retail market. As per the findings of the report, total e-commerce sales for the Calendar year 2021 is $67-84 billion, up significantly from $52.57 billion attained in 2020, and $40.44 billion in 2019. The e-commerce sector has become stronger like never, ever since the pandemic. Let’s find out further about the impact of e-commerce on the logistics industry.

Enhanced focus on last-mile delivery

The online shopping trends have affected another essential service area of the logistics industry, namely last-mile delivery. Independent freight forwarders are boosting their last-mile delivery to compete with the services like Amazon.

Changing customer expectations

These days, consumers expect deliveries within one or two days if not the same day. The logistics companies are adjusting to the increasing delivery pressures to match customer expectations. This has led to an increasing alternative for single warehouse locations rather than multiple storage facilities. Freight forwarders are also changing their vehicle fleet composition to manage the demands of e-commerce. For example, they are now investing in small trucks and trailers that are more suitable for short and more last-mile deliveries.

Enhanced reverse logistics

Reverse logistics can refer to all post-sale activities that are done to enhance market activity. Online consumers often return and exchange the purchased items for several reasons, which is why the logistics companies are now coming up with helpful reverse logistics solutions in which customers don’t pay for the return.

Focus on visibility

End-to-end visibility of shipments is of utmost importance for seamless e-commerce operations. Most e-commerce retailers update their customers about the shipment status until they delivered it. Therefore, logistics service providers are now investing in a robust data sharing system along with effective fleet management and route optimization technologies.

Adoption of digitization

Using Big Data solutions in logistics has become indispensable in the post-pandemic world, where a vast section of consumers is buying their goods online and these platforms also help to create a better understanding of customer expectations. Handling Big Data is allowing freight forwarders to collect the required data and analyze it in real-time for better customer service. We are also witnessing a rise in using online payment methods via cards, mobiles, and net banking.

Requirement Based Packaging

With packaging, quite a few numbers of choices become available and you have the liberty to select the type of packaging material following your product. This is essential so that the product reaches the customer in an undamaged manner and completes a satisfying shopping experience. Here, the calculation of the shipping cost becomes crucial again and therefore makes sure that it aligns with such other respective factors.

Logistics systems crucial

Storage locations are increasing and spreading out. The ability to know where your items are, how many of them there are, and where they should be for greater efficiency is vital. To access critical data from a variety of locations, in close to real-time is a crucial element in the future of logistics. In a world where consumers desire same-day delivery, technology is essential to bring together all the elements of inventory, storage, packaging, and delivery.

Thus, the mounting popularity of eCommerce is no more a fantasy game; people know it, companies are working hard to survive in the race and the economy is progressing as well. When things roll at a high speed, the only concern remains the rate of survival. ECommerce industry will grow in leaps and bounds and with heavy potential and demand in the coming future too, logistics have to be equally active and emergent about new ideas and strategies.

Having a symbiotic understanding ratio between both logistics and eCommerce suggests that, if one is growing, the prospering chances of the other one automatically increase.

 

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Difference between a Freight Forwarder and 3rd Party Logistics Provider

Shipping your goods to a distinct region is a complicated and time-consuming process as it contains multiple tasks that have to be completed within a specified time frame. It is really confusing to determine how to move your bulk goods from one place to another. To solve these problems, many companies have evolved as service provider to navigate the complex shipment arrangements and they are freight forwarders and 3PLs. Both freight forwarders and 3PL deal with the shipping, but the way of their service is different. They have their own capabilities, costs, and working styles.

Freight Forwarder

A freight forwarder company helps in moving shipment from one place to another by using single or multiple shipping modes and carriers. While shipping from one country to another, there may involve shifting goods from one or more shipping modes, and this makes the process hassle. So, freight forwarders help you in this process by making necessary arrangements. The freight forwarders are not the shipping companies but they are service providers and are liable for setting up all of the shipping services that a customer needs with the carrier. Some freight forwarders provide limited storage of goods with respect to shipping.

Third-Party Logistics Provider

A third-party logistics company is a complete service company that takes care of everything that is involved in the shipping process. The complete care includes the entire supply chain from warehousing to shipments and to logistics, and is solely responsible for the shipment. If any problem arises in the shipping process the third-party logistics service providers decide to tackle the problem and the customer needs not have to worry. All decisions, including carriers, packers, warehouses, or shipping methods, are done by 3PL. The customer has to just concentrate on their business goals and the rest shipping process is carried out by the service providers

It is helpful to use 3PL service providers as they make it easier to get real-time updates and tracking of the shipment since their business is equipped with web and mobile-based application software. 3PL also makes business economical and reliable as they cut unnecessary time and cost

A 3PL offers additional services that are benefitted by the customers whereas freight forwarders are just middlemen or mediators between the customer and the shipping company. 3PL has an additional role like a carrier, keeper of warehoused goods, packer, and biller all in one. They are experts in solving logistics problems and well experienced in implementing solutions.

So choosing between freight forwarder and 3PL depends on the requirement like distance of movement of goods, kinds of goods, and the deadline. Usually, customers are more satisfied with the 3PL service.

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