The goal of logistics Management is to satisfy the needs of the ultimate consumer—you. Simply stated, logistics professionals ensure that the right product, in the right quantity, in the right condition, is delivered to the right customer at the right place, at the right time, at the right cost.
In other words “Logistics is the process chain management of transport flow and the storage of goods and services from its origin to its consumption.”
The spending in the logistics in the India stands at Rs 4 trillion, whereas the same is Rs 90 trillion globally. The IT spends in the Indian logistics industry will grow to approximately INR 1,000 crores from the existing INR 400 crores in the next 5 years (CAGR of 20 – 22 %).
The domestic logistics industry, which is estimated to generate business worth $110 billion in the next two years, will need over 420,000 additional pair of hands in the next four to five years. At present, the number of warehouse managers required in the organized sector is estimated to be around 14,000 which would grow up to around 35,000 by 2015.
The scholarship winners have the options of choosing one of the following courses:
In other words “Logistics is the process chain management of transport flow and the storage of goods and services from its origin to its consumption.”
The spending in the logistics in the India stands at Rs 4 trillion, whereas the same is Rs 90 trillion globally. The IT spends in the Indian logistics industry will grow to approximately INR 1,000 crores from the existing INR 400 crores in the next 5 years (CAGR of 20 – 22 %).
The domestic logistics industry, which is estimated to generate business worth $110 billion in the next two years, will need over 420,000 additional pair of hands in the next four to five years. At present, the number of warehouse managers required in the organized sector is estimated to be around 14,000 which would grow up to around 35,000 by 2015.
| ILAM Endowment Scholarship | |||||
| First prize has one award | Second prize has two awards: | ||||
| The winner of the first prize will get 100% concession on the fees. 100% of the fees will be paid by ILAM* |
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The scholarship winners have the options of choosing one of the following courses:
- MBA in Logistics & Supply chain Management
- MBA in Aviation Management
- BBA in Logistics & Supply chain Management
- BBA in Aviation & Travel Tourism
OR
- Scholarship Winners have to abide by all the Terms and Conditions of ILAM
- All exam fees to be paid by the student to Prist university
- The candidate should clear the foundation year (semester 1&2) in first attempt to avail the scholarship benefits for the second year
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ILAM is the pioneer and the most prevalent Logistics & Aviation learning solution Provider in India. In use at numerous Logistics & Aviation companies......
An estimate of the quantum of logistics spends (INR 90 trillion globally; INR 4 trillion in India),
Aviva Life Insurance Company India Ltd.