5 Reasons Why Logistics Management is a Popular Field to Study

Logistics management has seen a boom in recent years, since the popularity of online shopping has skyrocketed. You might be wondering, “What is the importance of logistics management?” Think of logistics management as a detailed process of implementing and organising the workflow of an operation. The customer has expectations when purchasing a product.

The logistician maintains the organisation’s reputation and meets the customer’s expectations by planning out an intricate workflow from beginning to end. The scope of logistics management ranges from tangible products such as supplies, equipment and materials to food and other items. To illustrate, the logistician manages the flow of information, material handling, packaging, warehousing, transportation and security while utilising management tools. Someone who is interested in venturing into this field should expect to analyse and optimise complex logistical circulation with the use of dedicated simulation software.

Listed below are 5 reasons why you might want to consider picking up logistics management.

1. Logistics is critical to a healthy world economy

If you are passionate about making a difference in a healthy world economy, logistics management is for you! The global logistics sector is valued today at $8.6 trillion. Estimates indicate that logisticians are responsible for moving hundreds of billions of dollars in freight annually ¹. If you are impressed with the current statistics, this upward trend is expected to reach new heights as technology evolves and new processes are implemented into the workflow.

2. Every retail organisation has a supply chain

Among the benefits of studying logistics and supply chain management is that you will most likely never run out of places to submit your resume. Retail organisations rely heavily on their supply chains to keep up with consumer demand.

3. Have a better understanding of how commerce works

Commerce connects us all to various cities, states and countries. Some say that commerce makes the world seem flat because there is no curve too far for goods to travel. Why logistics management is a good course to study in a university lies solely in its flexibility and value. By understanding how commerce works, you have the advantage of knowing the fundamentals of business negotiation, teamwork, processes and time management.

4. Logistics and supply chain jobs are plenty

One of the key benefits of studying logistics and supply chain management is the variety of job opportunities you will be presented with. Listed below are the various jobs you can acquire if you take up a diploma or degree in logistics management:

1. Purchasing Agent
2. Operations Manager
3. Logistics Analyst
4. Purchasing Manager
5. Production, Planning & Expediting Clerk ²

5. A career field with high earning potential

A Diploma in Logistics Management is a good course to study at university if you’re looking for a high-paying industry. This is due to its high demand and its importance to various industries. The average salary ranges from RM2,600 (the lowest) to RM7,700 (the highest), depending solely on your level of experience ³.

If you choose to pursue a Diploma in Logistics Management, consider UNITAR International University as a starting to your career. Take advantage of your prior learning experiences to gain admission through APEL learning, which gives you the opportunity to reduce costs and your study duration. So what can you do with a diploma in logistics management? There is no correct answer! Graduates have the freedom to choose the path that fits their own interests and skill set.