Are you unsure what the terms “logistics” and “supply chain management” mean in a career context? Many aren’t until they understand how pervasive this industry has become in practically every aspect of modern life. The logistics industry ensures that consumers have access to goods when and when they need it.
HOW DO I SELECT SUPPLY CHAIN MANAGEMENT?
Logisticians are responsible for overseeing critical stages of a product’s life, such as allocation, distribution, and delivery. Logistics demand is at an all-time high, so if you’re looking for regular, well-compensated work, this may be the profession for you.
1.Job creation Logistics is a rapidly growing industry that grew even during the depths of the crisis. Now, the profession appears to be even more promising, with the Bureau of Labor Statistics forecasting a 7% job growth between 2016 and 2026.
2.Generous compensationAs of May 2017, a logistician’s median annual salary in the United States was $74,590, or $35.86 per hour. The Bureau of Labor Statistics reports that the bottom 10% earned less than $44,820, while the top 10% made more than $120,120.
3.Relatively low entry barrier
Logistics provides professionals with the ability to obtain well-compensated work without obtaining a graduate degree. While some professions may require graduate degrees or other forms of advanced training, the majority of individuals with a bachelor’s degree may find work in logistics. While associate’s degrees do open up some opportunities, prospective logisticians are generally advised to pursue four years of post-secondary study. Discover how you may obtain an online supply chain degree from JWU Online.
While a graduate degree is not required for logistics success, it can open the door for rapid progress. Although upper management positions are available, they do require further education and experience.
Numerous logistics positions require frequent foreign travel. Although these excursions are more about work than tourism, they provide a wealth of prospects for anyone aspiring to a career in international business.
6.Job opportunities in the neighbourhood
Not all ambitious supply chain management experts aspire to travel frequently; many would rather remain put. This is also true in logistics, which, barring a few hotspots, enjoys widespread appeal across multiple locations.
Professionals in the field of logistics can specialise in sub-sectors such as wholesaling, warehousing, and postal services. Employment opportunities are likewise diverse, ranging from large enterprises to small businesses, not-for-profit groups, and local and federal government institutions.
8.Abundant opportunities for internships
While logistics is a rapidly growing area, many ambitious professionals are concerned about securing their first position. Numerous stepping stones to entry-level work are available, including paid internships with businesses that may give job opportunities to successful interns upon completion of the programme.
9.Acquisition of transferable talents
While many logisticians remain in the business for decades, others transfer their abilities to other fields. Forecasting, workflow optimization, general management, and financial planning are all transferrable abilities developed in the sector of logistics.
10. Personal fulfilment
Although stable employment and a good salary tempt many individuals to pursue jobs in supply chain management, the majority prefer to stay in the sector due to the gratifying nature of their work. According to a 2017 survey by supply chain management research organisation APICS, millennials view supply chain management as a growth opportunity. These optimistic employees trust in their abilities to make a difference in their field while also advancing their own development. Finally, the promise of a truly gratifying job should be the primary motivator for any aspiring logistician to pursue a career in supply chain management.
Making a choice
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