Logistic matters

Logistic matters

Logistics acts as catalyst linking supply and demand, and the most important operations for business development. Other than the core competency of delivering goods on time, logistics companies add value to their clients’ businesses by designing and executing complex supply chain cycles, project management and inventory reduction. Transport and logistics has been identified as one of the priority sector by the Government.

The sector  at present employs over 16.74 million people and is projected to employ around 28.4 million people by 2022, according to the recently launched HR and Skill Requirement reports by Ministry of Skill Development and Entrepreneurship and NSDC. There is plethora of job opportunities in the sector. Indian logistics sector is estimated to have grown at a healthy 13-15 per cent in the last five years.

In the logistics sector, there is a wide range of roles open to at varying levels. Second, there are people employed in logistics related roles in sub-sectors. In addition, there are people who may use logistics skills as part of their job. Around 15-18 per cent of the roles in the logistics sector are in management.

There will be optimisation in the lower skilled roles, with focus on certification and skill enhancement. There would be demand for IT professionals in the logistics industry. The IT is the backbone of effective logistics.

(The writer is Akash Bansal, Business Head, Om Logistics Ltd)



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