A logistics analyst needs to have great communication skills as he/she would be leading a number of meetings with various stakeholders for the purpose of delivering on strategic goals. This is particularly necessary in the area of transportation operations, material management and forecasting and even sales. He or she is solely responsible for identifying issues related to supply chain, creating and implementing solutions, etc. Apart from participating in meetings, the analyst also shares his views in the form of reports.
Logistics Analyst salaries vary greatly on experience and location. Average salaries can provide a good indication of what you can expect to work on your career path. This article will give you a general breakdown of what you can make working as a logistics analyst.
As a logistics analyst, you could earn anywhere from $50,000 to $80,000 per year. Most of your salary will depend on the type of company you work for and what kind of responsibilities they give you.
Employers that hire logistics analysts include large companies like UPS and FedEx, as well as small startups who are trying to compete with larger companies by using technology or software to cut costs and increase efficiency.
If you’re looking for a job as a logistics analyst in San Francisco or New York City, then it’s likely that your salary will be higher than if you worked in a smaller city like Tacoma, WA.
The average annual salary for a logistics analyst is $51,000. However, the range of salaries for this position varies widely depending on factors such as location and experience.
Salary for logistics analyst
What is a Logistics Analyst?
Example of Logistics Analyst Job Analyze product delivery or supply chain processes to identify or recommend changes. May manage route activity including invoicing, electronic bills, and shipment tracing.
What Do Logistics Analysts Do On a Daily Basis?
- Compute reporting metrics, such as on-time delivery rates, order fulfillment rates, or inventory turns.
- Arrange for sale or lease of excess storage or transport capacity to minimize losses or inefficiencies associated with empty space.
- Monitor industry standards, trends, or practices to identify developments in logistics planning or execution.
- Recommend improvements to existing or planned logistics processes.
- Determine packaging requirements.
- Write or revise standard operating procedures for logistics processes.
Skills Needed to be a Logistics Analyst
Below is a list of the skills most Logistics Analysts say are important on the job.
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:
- Inventory Manager
- Procurement Specialist
- Supply Management Specialist
- Supply Chain Planner
- Supply Chain Analyst
Job Outlook for Logistics Analysts
There were about 148,700 jobs for Logistics Analyst in 2016 (in the United States). 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. The BLS estimates 15,600 yearly job openings in this field.
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.
How Much Does a Logistics Analyst Make?
The typical yearly salary for Logistics Analysts is somewhere 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 |
What Tools & Technology do Logistics Analysts Use?
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
How to Become a Logistics Analyst
Learn what Logistics Analyst education requirements there are.
How many years of work experience do I need?
Where do Logistics Analysts Work?
Logistics Analysts work in the following industries:
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