Career as a Logistics Analysts
About Logistics Analysts
Logistics Analysts are also known as logistics specialist coordinate and analyze the logistical functions or supply chain of an organization or a company. They look after the entire life cycle of product, from purchase to distribution to internal allotment, release and final clearance of resources.
These professionals help their employers enhance performance by determining and reducing inefficiencies and checking the loopholes. Through their analysis, logistics analysts help streamline operations and identify the best way to use the company’s resources to achieve its goals.
Responsibilities of a Logistics Analysts
- Creating and Reviewing Standard Operating Procedures for Logistics Processes
- Monitoring Industry trends and Logistics Planning
- Track Product Flow from Origin to Final Delivery
- Opportunities for Inventory Reductions
- Coordinate Delivery Schedules
- Supervise and Manage Supply Chain Activities
Logistics Analysts Required Skills
- Analytical Skills
- Computer Skills
- Mathematical Skills
- Problem Solving
- Conflict Management Skills
- Negotiation Skills
Also, it is very important for Logistics analysts must have quantitative skills and must be familiar with logistics and production. Computer proficiency and knowledge of databases, statistics applications, spreadsheets and logistics programs are essential for this position. These professionals must be comfortable collaborating with other employees at different organizational levels so they can communicate findings, give recommendations and facilitate change effectively. Management skills are also necessary for this job.
Eligibility to become Logistics Analysts
Step 1: Earn a Bachelor’s Degree
Candidates willing to make a career as a logistics analyst are required to have a bachelor’s degree in engineering, business management degree in engineering, business management, supply chain, mathematics or a related field. Internships in the respective field can add an extra edge to the resume.
Step 2: Master’s Degree
To make a career as a logistics analyst you will be required to have a master’s degree in Supply Chain Management. Senior and executive level positions typically require an advanced degree, additional work experience, or both.
To enhance your knowledge and skills in the field of supply chain management, professionals can be a part of various certificate and diploma course which will increase their employability.
Fees to Become a Logistics Analyst
To become a logistics analysts it is mandatory to have an MBA degree in Supply Chain and Management. A degree in supply chain and management can cost you between Rs.5,0,0000 to Rs.18,00,000.
Types of Job Roles Logistics Analysts
There are numerous job roles available for logistics analyst as their skills are transferable from one sector to another. Some of the popular job roles for logistics analysts are as follows:
Logistics Consultant: Logistics Consultants help companies to optimize their warehouse activities. They also identifying solutions to increase efficiency, and monitoring supply chain performance.
Logistics Team Leader: Logistics Team Leaders supervise employees responsible for the storage and distribution of goods. A logistics team leader should have leadership qualities, attention to details should be able to manage the staff.
Logistics Manager: Logistic managers are responsible for planning and managing logistics, warehouse, transportation and customer services. They are also responsible for directing, optimizing and also coordinate order cycle.
Logistics Coordinator: Logistics Coordinator oversee and facilitate the supply chain operations in an organisation or the company they work. They will be the one to coordinate personnel and processes to achieve the effective distribution of goods. It is very important to have good communication and negotiation skills to become a logistics coordinator.
Material Manager: Materials manager’s job is to manage the inventory and purchasing procedures of raw materials and other supplies used in our company. They have experience in supply chain and inventory control
Shipping Manager: Shipping manager has to look after and manage daily shipping and distribution operations. They will be the one to ensure complete orders are shipped and delivered in a timely manner. A successful shipping manager is analytical, well-organized and excels in communication.Supply Chain Analyst: Supply Chain Analyst has to conduct data analysis to improve our supply chain operations. Their job is to increase the efficiency and reduce the costs of all the operations in an organisation.
Employment Opportunities for a Logistics Analysts
Logistics Analysts are in demand and the employment opportunities for them are available worldwide. Some of the popular employment opportunities for logistic analyst are as follows:
- Government Contracting
Top Recruiting Companies for Logistics Analysts
Check out the top recruiting companies for logistics analysts and other related fields here:
- Aegis Logistics Ltd.
- Blue Dart Express Ltd.
- Container Corporation of India Ltd.
- Allcargo Logistics Ltd.
- Fedex Express
Pay Scale/Salary of Logistics Analysts
The starting salary of a logistic analyst is between Rs.3,50,0000 to Rs 4,50,000. The potential salary of a logistic analyst may vary depending on location, professional experience, education and the type of organisation.
The salary packages are relatively better abroad as compared to India.
Books & Study Material to Become Logistics Analysts
Logistics and Supply Chain Management books are a great way to enhance your knowledge about the management and operations of the same. These books are helpful for logistics professionals at all levels. Some of the popular logistics and supply chain books are as follows:
- Operation Management 7th Edition by Prof. Nigel Slack
- Logistics and Supply Chain Management by Martin Christopher
- Operations and Supply Chain Management by F.Robert Jacobs
- Essentials of Supply Chain Management by Michael Hugos
Pros of becoming a Logistics Analysts
The skills of logistics analysts are easily transferable which opens a lot of career choice for them.
There is a lot of capital involved in logistics. Therefore executive and top managerial job posts offer great salary packages and a promising career.
It is a great career choice for people who like to start and carry out projects.
Career as a logistics analysts is a great career choice for professionals who prefer desk job and enjoy working indoors.
Cons of becoming a Logistics Analysts
It is hard to get into this career. A considerable amount of work-related skill and knowledge is required to be successful in this career.
The job of a logistic analyst is very hectic, sometimes they are required to work 40 hours a day.
This career is not for someone who enjoys travelling and helping others or society through their work.