Logistics Analyst

Logistics Analyst

Your Fit?
Income

$59K

Preparation

Considerable

Growth

18.3%

What is a Logistics Analyst?

A Logistics Analyst is a professional who analyzes and coordinates an organization's supply chain, meaning the system that moves a product from supplier to consumer. They optimize logistical procedures to increase efficiency and reduce costs.

Sample job titles:

Logistics Analyst, Logistics Management Analyst, Supply Chain Analyst, Transportation Analyst

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How much does a Logistics Analyst earn

Typical annual income Income by country/state/province

Income data is from Employment and Social Development Canada's 2024 wage tables. The closest match for this career in Canada’s occupational classification system is Logistics Analyst.

Bottom 10%Bottom 25%Median (average)Top 25%Top 10%
$42K
per year
$50K
per year
$59K
per year
$72K
per year
$90K
per year

Compared to other careers: Median is $6.34K below the national average.

See income by country/state/province

What does a Logistics Analyst do?

Work environment Quick task list Full task list Areas of specialization Description

Work environment

Logistics Analysts typically work in an office setting but may occasionally visit warehouses, distribution centers, or manufacturing plants. They often work for manufacturing firms, government agencies, or logistics companies, usually full-time with standard business hours, though some projects may require overtime.

Quick task list

  • Analyzes logistical functions and identifies areas for improvement.
  • Develops strategies to enhance supply chain efficiency.
  • Coordinates and optimizes transportation methods and routes.
  • Manages inventory levels to meet project requirements.
  • Implements logistics plans and monitors their execution.
  • Collaborates with vendors and supply chain partners.
  • Utilizes logistics IT systems for process management.

Areas of specialization

  • Supply Chain Management: Focuses on overseeing and managing the entire supply chain.
  • Transportation Analysis: Specializes in optimizing transportation methods and routes.
  • Inventory Management: Concentrates on maintaining optimal inventory levels.
  • Distribution Coordination: Involves managing the distribution aspects of the supply chain.
  • Procurement Analysis: Deals with the acquisition of materials and resources.

Description

A Logistics Analyst plays a critical role in the supply chain by ensuring efficient product movement and storage. They analyze the entire lifecycle of a product, from procurement to delivery, identifying inefficiencies and proposing solutions to streamline operations. This role demands a keen understanding of the various components of the supply chain, including transportation, inventory, and distribution.

Analysts use advanced software and analytical tools to track product flow and forecast future needs. They also work closely with suppliers, manufacturers, and retailers to coordinate logistics operations. Communication skills are essential, as they must explain their findings and recommendations to non-specialists.

In the ever-evolving global market, Logistics Analysts must stay informed about the latest trends and technologies in logistics and supply chain management. They play a pivotal role in optimizing operations, reducing costs, and improving customer satisfaction.

Job Satisfaction

Sources of satisfaction What makes a good fit Pros & cons

Sources of satisfaction

You might make a good Logistics Analyst if you are...

Pros:

  • High demand in a variety of industries.
  • Opportunities for problem-solving and innovation.
  • Potential for career advancement and specialization.

Cons:

  • Can involve high pressure and tight deadlines.
  • Requires continuous learning due to rapidly changing technologies.
  • May have limited interaction with colleagues in some settings.

How to become a Logistics Analyst

Typical education High school After high school More resources Similar careers

Typical education

Most Logistics Analyst positions require a bachelor's degree, typically in business, supply chain management, or a related field. This usually translates to four years of undergraduate education.

High school preparation

Courses:

  • Mathematics, particularly algebra and statistics.
  • Computer science or information technology.
  • Business studies and economics.
  • Geography, to understand global supply chains.

Extracurricular Activities: - Joining a business club or participating in supply chain simulations. - Volunteering or interning at local businesses to understand basic business operations. - Developing computer literacy and data analysis skills.

Preparation after high school

Courses:

  • Bachelor's degree in Supply Chain Management, Business, or related fields.
  • Courses in logistics, operations management, and data analysis.

Experiences:

  • Internships in logistics or supply chain departments.
  • Participation in case competitions or supply chain workshops.
  • Networking through professional logistics and supply chain associations.

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