All About Logistics Analysts
Job Description: Analyze product delivery or supply chain processes to identify or recommend changes. May manage route activity including invoicing, electronic bills, and shipment tracing.
Daily Life Of a Logistics Analyst
- Develop or maintain models for logistics uses, such as cost estimating or demand forecasting.
- Write or revise standard operating procedures for logistics processes.
- Identify opportunities for inventory reductions.
- Reorganize shipping schedules to consolidate loads, maximize vehicle usage, or limit the movement of empty vehicles or containers.
- Develop or maintain freight rate databases for use by supply chain departments to determine the most economical modes of transportation.
- Maintain logistics records in accordance with corporate policies.
What Skills Do You Need to Work as a Logistics Analyst?
These are the skills Logistics Analysts say are the most useful in their careers:
Reading Comprehension: Understanding written sentences and paragraphs in work related documents.
Critical Thinking: Using logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions or approaches to problems.
Complex Problem Solving: Identifying complex problems and reviewing related information to develop and evaluate options and implement solutions.
Systems Analysis: Determining how a system should work and how changes in conditions, operations, and the environment will affect outcomes.
Systems Evaluation: Identifying measures or indicators of system performance and the actions needed to improve or correct performance, relative to the goals of the system.
Active Listening: Giving full attention to what other people are saying, taking time to understand the points being made, asking questions as appropriate, and not interrupting at inappropriate times.
Related Job Titles for this Occupation:
- Provisioning Analyst
- Procurement Specialist
- Inventory Analyst
- Operations Logistics Analyst
- Acquisition Analyst
Are There Job Opportunities for Logistics Analysts?
In 2016, there was an estimated number of 148,700 jobs in the United States for Logistics Analyst. New jobs are being produced at a rate of 6.9% which is above the national average. The Bureau of Labor Statistics predicts 10,300 new jobs for Logistics Analyst by 2026. Due to new job openings and attrition, there will be an average of 15,600 job openings in this field each year.
The states with the most job growth for Logistics Analyst are Nevada, Utah, and Florida. Watch out if you plan on working in Washington, Alaska, or Maryland. These states have the worst job growth for this type of profession.
Do Logistics Analysts Make A Lot Of Money?
The average yearly salary of a Logistics Analyst ranges between $44,440 and $119,950.
Logistics Analysts who work in District of Columbia, Maryland, or Alabama, make the highest salaries.
How much do Logistics Analysts make in different U.S. states?
| State | Annual Mean Salary |
|---|---|
| Alabama | $87,600 |
| Alaska | $86,860 |
| Arizona | $74,780 |
| Arkansas | $70,320 |
| California | $84,260 |
| Colorado | $75,700 |
| Connecticut | $77,940 |
| District of Columbia | $95,000 |
| Florida | $69,100 |
| Georgia | $70,900 |
| Hawaii | $84,540 |
| Idaho | $74,700 |
| Illinois | $67,490 |
| Indiana | $70,830 |
| Iowa | $63,560 |
| Kansas | $72,990 |
| Kentucky | $73,610 |
| Louisiana | $79,010 |
| Maine | $70,620 |
| Maryland | $91,710 |
| Massachusetts | $78,910 |
| Michigan | $80,150 |
| Minnesota | $75,250 |
| Mississippi | $75,200 |
| Missouri | $76,540 |
| Montana | $71,800 |
| Nebraska | $58,920 |
| Nevada | $72,790 |
| New Hampshire | $71,930 |
| New Jersey | $84,240 |
| New Mexico | $80,400 |
| New York | $76,240 |
| North Carolina | $76,600 |
| North Dakota | $64,300 |
| Ohio | $76,090 |
| Oklahoma | $75,160 |
| Oregon | $75,260 |
| Pennsylvania | $80,370 |
| Rhode Island | $105,730 |
| South Carolina | $68,280 |
| South Dakota | $73,940 |
| Tennessee | $61,940 |
| Texas | $86,500 |
| Utah | $73,860 |
| Vermont | $70,590 |
| Virginia | $86,230 |
| Washington | $90,240 |
| West Virginia | $69,620 |
| Wisconsin | $62,690 |
| Wyoming | $79,020 |
Tools & Technologies Used by Logistics Analysts
Although they’re not necessarily needed for all jobs, the following technologies are used by many Logistics Analysts:
- Microsoft Excel
- Microsoft Word
- Microsoft Office
- Microsoft PowerPoint
- Microsoft Outlook
- Microsoft Access
- SAP
- Microsoft Windows
- Microsoft Project
- Spreadsheet software
- Microsoft SharePoint
- Microsoft Visio
- The MathWorks MATLAB
- IBM Notes
- Microsoft Visual Basic
- IBM SPSS Statistics
- Microsoft SQL Server
- Oracle PeopleSoft
- Minitab
- Oracle JD Edwards EnterpriseOne
Becoming a Logistics Analyst
Education needed to be a Logistics Analyst:
How many years of work experience do I need?
Where do Logistics Analysts Work?
Logistics Analysts work in the following industries:
Related Careers
Those interested in being a Logistics Analyst may also be interested in:
Are you already one of the many Logistics Analyst in the United States? If you’re thinking about changing careers, these fields are worth exploring:
References:
Image Credit: Mike Moore via public domain
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