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- Study Transportation and Logistics in the US
- Is a Degree in Logistics Right for You?
In the increasingly competitive global economy, a college degree is an essential part of any professional resume.Spending four years on the wrong degree, however, can be a terrible waste of time. Before choosing your degree,evaluate the types of careers that will become available to you, know which skills will be valued and how yourskillset might be rewarded. If you are considering studying transportation and logistics, you will want to considerthe following:
Skill Requirements
Potential Salary
Career Goals
Skills and Job Requirements
The transportation and logistics industry is built on the mathematics of distribution; companies use equations andcomputer systems to analyze various market factors. Increasingly, however, the logistics industry has a wide varietyof employees in many different roles which may not involve mathematics at all. The following skills are valuedwithin the transportation and logistics industry:
Quantitative Math Skills:
One of the most important parts of the logistics business is data. Companies rely on data to evaluate theirperformance and to recognize trends or problems. Gathering and interpreting data requires familiarity withlogistics systems and planning concepts, spreadsheet data management, and statistics applications. More thanever, data is collected through computer systems, but it takes a strong mathematical mind to manage thosesystems. Jobs with strong mathematics components include: Analysts,Logistics Engineers, and Inventory Managers.
People Skills:
It might be surprising that an industry so interested in number-crunching would also put an emphasis on socialskills, but it’s true. Logistics companies depend upon communication between their many parts to identifyproblems and implement changes. Analysts who have solved a problem must be able to tell importers and exportershow to implement that solution; sales executives must be in contact with analysts so they can explain a solutionto a client. For logistics companies, communication with their clients is important, but such communication isoften built upon communication within the company. Jobs requiring strong communication skills include: Analysts,Consultants, Managers, Sales Executives, and Customer Service Specialists.
International Business Skills:
The United States has the largest and most diverse consumer market in the world, but in order for goods to reachthat market, it relies upon an expansive international trade network. Increasingly, goods found in one countrymay have had their start in another country (or many other countries!). Logistics companies rely onprofessionals who are familiar with international customs laws and regulations, and who can keep track ofchanges to those laws (knowledge of international banking is also a plus). Typically, this sort of knowledgecomes from experience as an importer/exporter who has developed a business relationship with foreign clients andcollaborators; independent knowledgeof international business, however, is valuable. Jobsthat value international business knowledge include: Importers/Exporters, Consultants, Transportation Managers,and International Logistics Managers.
Management Skills:
Nearly every position for degree-holders involves some amount of management. Consultants who work with clients onspecific problems have to manage their client relationships, as well as the staff working on their project;inventory specialists have to manage the accumulation and distribution of goods and resources; customer servicespecialists have to manage the relationships of the sales staff with their clients. Whether managing people orgoods, transportation and logistics involves many different moving parts; managers are responsible for thelogistics of logistics!
Mix-And-Match:
By now, you likely realize that most positions within this industry require a mix of different skills. Analystsare expected to crunch numbers and solve problems, but also to communicate their solutions throughout thecompany. Inventory specialists must manage not only their goods but the people responsible for acquiring andensuring the quality of those goods. Logistics professionals are required to have technical expertisewithin their field, but also a business-savvy disposition which makes it easy to collaborate.
Salaries and Compensation
Look at a list of Fortune 500 companies and you’re bound to be looking at several hundred logistics employers. Largecompanies need distribution solutions for their large markets and they’re eager to reward those logisticsprofessionals who can do it for them.
According to a survey conducted by William M. Mercer, Inc., the compensation rates among first-level logisticsprofessionals are as follows:
| Position Type | 10th Percentile | Average | 90th Percentile |
|---|---|---|---|
| Analyst | $28,500 | $39,400 | $52,300 |
| Customer Service Manager | $35,200 | $50,900 | $70,300 |
| Transportation Coordinator | $29,000 | $35,700 | $43,100 |
| Warehouse Outbound Operations Manager | $36,700 | $54,000 | $54,000 |
Because many logistics professionals are employed by large corporations, compensation can also include health orfinance benefits that might help employees avoid thousands of dollars in personal expenditures.
Another important factor to consider is that the transportation and logistics industry is still expanding and thereare consistently more open positions than recent graduates.
Want To Make a Difference?
An important factor of any job is whether it brings you a sense of fulfillment. Transportation and logistics isresponsible not just for distributing commercial goods, but for distributing food, health care, and vitaltechnologies around the globe. Acareer in transportation and logisticswill keep you connected with the entire world and let you know that you’re making a difference everywhere.
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Study Transportation and Logistics in the US
