Supply Chain Management vs Logistics Management in PGDM: What’s the Real Difference?

4 Mins to read

Logistics and supply chain management are the lifelines of many national and international businesses that require highly skilled professionals to ensure that products and services reach the customers on time as efficiently as possible while simultaneously ensuring that the seller reduces the overall cost of selling the product or service.

Studies show that the industry was valued at USD 26.25 billion in 2024. It is expected to reach USD 63.77 billion by 2032 at a CAGR of 11.7%, making it an excellent area for students interested in logistics and supply chain management.

In this article, we explain the differences between logistics and supply chain management as subjects of the same discipline in great detail so you can start your journey towards being part of this ever-growing industry.

What is supply chain management? (SCM)

Definition & Scope

Supply chain management is a vast subject that deals with the end-to-end process, from ensuring the procurement of raw materials to delivering them to the final consumers.

The vast and diverse subjects call for individuals who are capable of making objective and decisive decisions to ensure the cost of procuring, storing and delivering the product to the final customer is as efficient as possible while at the same time ensuring that the cost of goods sold is as reasonable as possible.

As the supply chain management course involves equipping the students with theoretical and practical knowledge of the end-to-end process of procuring and delivering the goods, students also develop skills in marketing, sales and customer satisfaction to ensure all the elements of the purchase-sales cycle are carried out seamlessly.

Supply Chain Management Curriculum In A PGDM

As mentioned below, the supply chain management course is a complex program that involves learning the practical and theoretical nuances of a product or service’s purchase and sales cycle. MIT Online, one of the best colleges in India, offers the most comprehensive PG Diploma in supply chain management in India and teaches the students the following subjects to make them experts in the field of SCM –

• Business Management
• Legal Aspects Of Business
• Strategic Management
• Business Analytics
• Supply Chain Analytics
• Warehouse Management
• Production, Planning and Control
• Inventory Management
• Project Management
• Research Projects, Assignments & More.

What Is Logistics Management In PGDM?

Core Concepts Of Logistics Management

Logistics management falls under the ambit of supply chain management and is a vital part of the supply chain process. Logistics management involves the process of warehousing and punctual delivery of goods and services while keeping in mind the need to perform the above functions at the most reasonable cost.

Logistics Specialisation In PGDM

The PGDM in supply chain management course is a diverse program that covers all the nuances of supply chain management. A specialisation in logistics makes the course one of the most potent combinations in the supply chain industry.

MIT Online’s PGDM in Logistics & Supply Chain Management is one of the best online logistics courses that helps students begin their journey in the industry with knowledge about the workings of the entire industry and the processes. Our comprehensive logistics and supply chain management course helps students master topics related to –

• Transportation Management
• Inventory Management and Control
• Warehouse Management
• Human Resources and Technology
• ERP and TMS Systems
• E-Logistics & More.

Differences Between Supply Chain Management and Logistics Management

Logistics is part of a broader field of supply chain management and falls under warehousing and delivery of goods and services. It is crucial to understand that when we talk about the differences between the subjects, the factors are usually with respect to the vertical aspects, and the concepts taught in the two subjects are mutually exclusive.

A few differences between logistics and supply chain management are –

Scope & Strategic Impact

Supply chain management involves every step, from procuring raw materials to delivering them to the customers and ensuring their satisfaction while efficiently using available logistical and financial resources.

Logistics management is integral to supply chain management and mainly deals with warehousing and delivery management. Logistics management ensures that the final vital steps of storing and delivering goods are as efficient as possible.

While the end goal of logistics management is to ensure the optimum use of warehousing and transportation management to reduce the cost of storing and delivering goods, supply chain management’s end goal is to ensure the entire process of cost of goods procured and sold is as cost-effective as possible.

Curriculum and Skill Development in PGDM

As logistics management is a part of supply chain management, there are far more subjects in SCM than logistics management.

Supply chain management deals with subjects like –

• Business Management
• Legal Aspects Of Business
• Strategic Management
• Business Analytics & More

Logistics management deals with subjects that deal with –

• Transportation Management
• Inventory Management and Control
• Warehouse Management & More.

Career Paths After PGDM

The career options after a supply chain management course are –

• Supply Chain Analyst
• Procurement Manager
• Demand Planner & More

Career options for a PGDM in supply chain management certificate holder with a specialisation in logistics management expand the scope of career opportunities to fulfil the job descriptions of –

• Logistics Coordinator
• Distribution Manager
• Logistics Manager & More.

The salary of a PGDM in supply chain management certificate holder is between INR 4-6LPA, and the wages for a PGDM in Logistics & supply chain management are between INR 6-10LPA.

Why Choose MIT Online for Your PGDM Specialisation?

MIT Online leverages modern technology to ensure students gain industry-relevant knowledge from the comfort of their homes without compromising the quality of education. A few other factors that make MIT Online the best college for your PGDM specialisation are –

• Experienced faculty members with decades of experience.

• Well-structured, industry-relevant curriculum.

• User-friendly platform for online classes and projects.

• Live and mock projects to enhance skills and knowledge.

• Access to vast amounts of digital resources.

• Dedicated placement cell with 100% placement assistance.

• Assistance to build top-quality resumes, expert interview preparation guidance, and more.

Our comprehensive logistics and supply chain management course ensures that the students are equipped with all the necessary tools and knowledge to fulfil the supply chain management industry goals while deploying out-of-the-box problem-solving skills to make the industry more efficient.

We hope this article has helped you understand the real difference between supply chain and logistics management. For more information on our logistics and supply chain management course, click here.