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Logistics engineering combines strong managerial skills with a solid understanding of mathematics and numbers. Logistics is defined as a scientific technique in which evaluation is used to control inventory, production, sales, management, and staff in order to keep a solid capital and monetary flow. In this discipline, all aspects of a company's work progress are studied.
Starting with ordering raw materials, logistics engineering oversees these materials as they are turned into a finished product and shipped to the customer. Methods are created to speed up production and shipping without detracting from the quality of a product. People who work in this field consider all factors and develop a strong business process to aid workers, managers, owners, and customers.
To receive a master's degree in logistics engineering at the majority of colleges, a student must successfully complete 45 hours of coursework. Courses include business, math, and communications courses. Potential students must usually have an undergraduate degree in engineering or business management, a grade point average of 3.0, and three letters of recommendation.
Typically, courses in this field are challenging. They may vary from college to college, but most require the following classes in order to earn a degree:
A six-month apprenticeship typically follows the coursework.
Logistics engineering is a growing career field because it is essential for companies to keep up and to coordinate with other companies. Asian companies, for example, often make specific components that are sent off and assembled in other countries, and it is critical to maintain control of where the product is located. This discipline is key to keeping track of each country's inventory.
Go to any part of the country where there are a lot of trucking companies and you'll find a lot of demand for logistics engineers. Those are the guys who make money for trucking companies.
Why? Because trucking is so competitive, the money is in squeezing as much efficiency out of possible though a trucking operation through good logistics. Trucks running without loads, for example, cost companies money. Good logistics planning can avoid those "dead miles" and cut down on other inefficient uses of trucks.