Logistics Analyst Salary
|Salary||$41,517 - $81,540|
|Bonus||$0.00 - $6,114|
|Profit Sharing||$0.00 - $5,018|
|Total Pay (|
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).)
|$39,150 - $80,702|
|Hourly Rate||$14.56 - $29.93|
|Overtime||$20.28 - $43.00|
|Bonus||$0.00 - $6,114|
|Profit Sharing||$0.00 - $5,018|
|Total Pay (||$39,150 - $80,702|
Job Description for Logistics Analyst
Logistics is a catch-all term used by businesses to describe the means by which they get their goods or services to market. A logistics analyst studies all aspects of this supply chain, from manufacturing capacities to storage facilities (and, with perishable goods, shelf life) to shipping and distribution. Usually, logistics analysts are employed by larger companies, which charge them with adjusting the supply chain in such a way that it operates at peak efficiency.Read More...
A logistics analyst's skills rely on a foundation of high-level mathematics and statistics. The analyst models manufacturing capabilities, quotas, and optimal outputs; they also work with market research and engineering teams to help assess demand by demographic and location. He or she then works with plant managers to help optimize production and with warehouse and storage managers to ensure necessary space is available. Additionally, working with sales departments, the analyst helps optimize the efficiency of bringing goods to either specific customers or the general marketplace.
To work in this field, a specialized bachelor's degree in operations analysis, operations engineering, or a related field. Larger companies are likely to prefer candidates with post-bachelor's degrees in analysis, business management, or a related field as well. Many companies also require three to five years of experience in middle management in logistics systems. Analysts must be organized, able to process information from multiple threads, and be fluent in interdepartmental communication.
The analyst normally works in an office setting regular business hours, although, for many individuals in this field, 50- or 55-hour work weeks are common. There also may be some travel involved for the hands-on assessment of plants, storage, and shipping facilities. (Copyright 2017 PayScale.com)
Logistics Analyst Tasks
- Support negotiations with vendors, carriers and suppliers, providing information and analyses as needed.
- Maintain databases, including their structure, input, and accuracy.
- Conduct data mining and data analysis to find trends, patterns and opportunities.
- Collect data from internal and external sources, verifying its accuracy.
- Analyze carrier bids, rates, costs, and tariffs to identify savings or best options.
Common Career Paths for Logistics Analyst
Logistics Analysts who advance into the role of a Logistics Program Manager are fairly uncommon. Logistics Program Managers on average earn $76K per year. When Logistics Analysts are ready for the next step in their careers, they often become Senior Logistics Analysts or Logistics Managers. Those roles pay an additional $15K and $6K, respectively.
Logistics Analyst Job Listings
Popular Employer Salaries for Logistics Analyst
Well-known firms with a reputation for hiring numerous Logistics Analysts include Science Applications International Corporation (SAIC), Lockheed Martin Corp, Penske Logistics, Caci International Inc, and Northrop Grumman Corporation. The biggest paychecks can be found at Northrop Grumman Corporation — the median salary there is $71K. Also paying near the top of the field are The Home Depot Inc. at $65K, BAE Systems Inc. at $62K, and Lockheed Martin Corp, where Logistics Analysts annually earn $57K.
Logistics Analysts will find the worst pay at Penske Logistics, where the median salary crawls in at $46K. Furthermore, compensation is curbed at $56K, leaving little room for growth. C. H. Robinson Worldwide, Inc., Booz, Allen, and Hamilton, and Caci International Inc are a few other employers known for handing out relatively lightweight salaries ($47K, $51K, and $52K respectively).
Popular Skills for Logistics Analyst
Survey results imply that Logistics Analysts deploy a substantial tool kit of skills at work. Most notably, skills in SQL, Logistics Support Analysis, Supply Chain, and SAP Enterprise Resource Planning are correlated to pay that is above average, with boosts in pay of 6 percent. Those listing Customer Service as a skill should be prepared for drastically lower pay. Those familiar with Data Analysis also tend to know Microsoft Excel.
Pay by Experience Level for Logistics Analyst
Pay by Experience for a Logistics Analyst has a positive trend. An entry-level Logistics Analyst with less than 5 years of experience can expect to earn an average total compensation of $51,000 based on 436 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Logistics Analyst with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $59,000 based on 240 salaries. An experienced Logistics Analyst which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $60,000 based on 204 salaries. A Logistics Analyst with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $67,000 based on 91 salaries.
Pay Difference by Location
Stafford offers some of the highest pay in the country for Logistics Analysts, 38 percent above the national average. Logistics Analysts can also look forward to large paychecks in cities like Huntsville (+31 percent), Washington (+24 percent), San Diego (+14 percent), and Atlanta (+7 percent). The lowest-paying market is Cleveland, which sits 30 percent below the national average, proving that location is a significant contributor to overall pay. Employers in Greenville and Boston also lean toward paying below-median salaries (28 percent lower and 15 percent lower, respectively).
Logistics Analyst Reviews
Related Job Salaries
Key Stats for Logistics Analyst
Rated 5 out of 5
based on 128 votes.