'The importance of logistics and supply chain management has grown significantly,' says Dr Ki-Soon Hwang, course director of the MSc Logistics and Supply Chain Management degree at Kingston University Business School. 'In any industry goods need to be procured, stored and dispatched. Efficient and effective management of all these business functions is critical in the current business world.
'Someone equipped with comprehensive and integrated knowledge of logistics is a strong candidate in the job market.' The career opportunities afforded to graduates are a massive draw. Every retail organisation has a supply chain, so this is an area where there are multiple opportunities for employment.
'In the retail sector, perfect order deliveries, customer responsiveness and cost efficiency are key competitive priorities,' explains Dr Kostas Selviaridis, senior lecturer in management science at Lancaster University Management School. 'It comes as no surprise then, that logistics and supply chain management are critical competence areas that contribute to satisfying customer demand in a timely and cost-efficient manner.
'Delivering products and services at the right time and place, right cost, and at the right quantity and quality is at the heart of logistics and supply chain management.'