What are the opportunities in the shipping and logistics industry?
An industry that fuels a truly global economy by connecting markets, businesses and people, shipping and logistics facilitates our ability to purchase local supermarket products that have been purchased around the world. Liner shipping transports approximately $ 4 trillion worth of cargo annually, facilitated by a network of more than 200 ports. To put it in perspective, a large container ship on a single trip will carry over 15,000 containers. It would take hundreds of freight planes, many kilometers of railcars and fleets of trucks to transport the goods that could fit on a single large container ship. So what does shipping and logistics involve?
It primarily involves the transportation of goods from manufacturer to consumer and includes segments such as ground transportation (trucking and rail), ocean, air, shipping, customs, warehousing and chain management. supply. The industry needs professionals with various skills such as finance, marketing, marine management, operations, supply chain, logistics, human resources, and legal services to manage operations ashore. It also provides opportunities on board ships for sailors, engineers, doctors, cooks, etc.
“With the influx of digitization, integrated logistics is the buzzword. Everyone involved in this industry has to unlearn and learn every day. Platforms like Cargowise provide logistics solutions for customers and at their fingertips. Anyone who wants real exposure to ‘business and customers’ with a willingness to learn should opt for logistics / shipping as a career, ”says Rajkumar M. of Agility Logistics.
Diversity and inclusion
Shipping and logistics are no longer a male dominated industry. Many organizations now consider diversity and inclusion (D&I) a top priority when hiring. “Diversity is strength through difference. We aim to have a diverse and inclusive workforce to achieve the best in the workplace, where everyone is treated fairly, with a work-life balance and an opportunity to excel, ”says Raghu Shanker, D and myself run at Maersk, Chennai.
Shipping is here to stay, until 3D printing fundamentally disrupts the need to move goods from one place to another. Until then, technologies such as Blockchain, IOT, Big data, Cloud, etc. provide customers with the seamless experience they already enjoy as consumers: ease of access, price transparency and integrated service in near real time. “The blockchain, for example, will secure the distribution and validation of data between parties, which will result in funding, invoicing, payments, document transfers, etc. snapshots, which currently takes a few days. On the other hand, digital platforms will not only enable virtual product offerings, but will also provide customers with information throughout the supply chain to enable businesses to optimize just-in-time delivery, ”he said. said Shahzad Jokhi, a business leader in the sector.
Identifying your interests and pursuing a skills-based degree / diploma will surely provide plenty of opportunities in the industry. There is a good chance that many new opportunities (based on technology) will develop in the industry in the years to come.