A logistics analyst is responsible for the planning and coordination of logistical operations for a company. These operations may include product shipment, distribution, packaging and handling. Excellent management and multitasking skills are a must for successful job performance. Prospective analysts also require extensive knowledge of the industry they desire to work within.
Most logistics analysts are responsible for ensuring the productivity, efficiency and management of various logistics operations, including tracking product shipments, contract negotiations for independent contractors, preparation of budget and cost analysis statements, creation of more efficient logistical planning, coordination of various methods of shipment, and providing inventory reports for management.
A Variety of Skills
Because logistics analysts have an interdisciplinary role, they need a solid understanding of various financial statements, transport logistics, regulatory laws and corporate policy. The analyst should have a firm grasp of accounting measures and statistical inference in order to apply company financial matters to contract negotiations and corporate policy. As transport is a primary concern of the logistics analyst, he should be able to ensure the methods he employs are cost-effective. The analyst should also have extensive knowledge of regulatory and corporate policies when making all logistic decisions.
Multitasking and Problem-Solving
Paramount to the job are excellent multitasking and management skills. The logistics analyst must handle a variety of tasks and work as a liaison among industry management personnel. So, excellent interpersonal communication skills are also a must. Employers desire analysts who show a strong desire to promote efficiency in their work. Finally, the logistics analyst must be a problem-solver and work well under time constraints.
Education and Prior Experience
The logistics analyst is usually required to hold a bachelor's degree, though the discipline is not always specified. The academic training should provide the analyst with the creative thinking and problem-solving capabilities required for the job function. Applicants are expected to have three to five years of experience within the industry in which they wish to work. Though it is not required that the applicant hold industry experience in a supervisory manner, it is generally preferred.
Good Job Outlook and Salary
The Bureau of Labor Statistics projects a 19 percent job growth rate for management analysts through 2022 -- much faster than the national average. Due to the independent contractor capabilities and high earning potential for this job industry, the BLS states that job competition will remain high, even with the job growth. According to Indeed.com, the average logistics analyst salary was $48,000, as of May 2014.
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