Median Annual Wage: $73,870
Education: Bachelor's degree (56%); Master's degree (20%); Some college, no degree (12%)
Projected Growth: Much faster than average (22% or higher)
Related Job Titles: Logistics Analyst; Supply Chain Analyst; Global Logistics Analyst
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Source: O*NET OnLine information for Logistics Analysts.
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- Interpret data on logistics elements, such as availability, maintainability, reliability, supply chain management, strategic sourcing or distribution, supplier management, or transportation.
- Provide ongoing analyses in areas such as transportation costs, parts procurement, back orders, or delivery processes.
- Prepare reports on logistics performance measures.
- Confer with logistics management teams to determine ways to optimize service levels, maintain supply-chain efficiency, or minimize cost.
- Remotely monitor the flow of vehicles or inventory, using Web-based logistics information systems to track vehicles or containers.
- Track product flow from origin to final delivery.
- Develop or maintain models for logistics uses, such as cost estimating or demand forecasting.
- Enter logistics-related data into databases.
- Recommend improvements to existing or planned logistics processes.
- Review procedures, such as distribution or inventory management, to ensure maximum efficiency or minimum cost.
- Apply analytic methods or tools to understand, predict, or control logistics operations or processes.
- Monitor inventory transactions at warehouse facilities to assess receiving, storage, shipping, or inventory integrity.
- Analyze logistics data, using methods such as data mining, data modeling, or cost or benefit analysis.
- Maintain logistics records in accordance with corporate policies.
- Compute reporting metrics, such as on-time delivery rates, order fulfillment rates, or inventory turns.
- Write or revise standard operating procedures for logistics processes.
- Monitor industry standards, trends, or practices to identify developments in logistics planning or execution.
- Identify opportunities for inventory reductions.
Source: O*NET OnLine information for Logistics Analysts.
- 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.
- Monitoring - Monitoring/Assessing performance of yourself, other individuals, or organizations to make improvements or take corrective action.
- 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.
- Speaking - Talking to others to convey information effectively.
- Judgment and Decision Making - Considering the relative costs and benefits of potential actions to choose the most appropriate one.
- Writing - Communicating effectively in writing as appropriate for the needs of the audience.
Source: O*NET OnLine information for Logistics Analysts.