Logistics Analyst III

Last Updated:
September 19, 2023

Job Description Overview

Looking for a career in the transportation industry? Consider becoming a Logistics Analyst III! As a Logistics Analyst III, your primary responsibility will be to analyze and optimize transportation and logistics operations within a company. This includes identifying issues and inefficiencies within transportation networks, such as shipment delays, and developing solutions to improve productivity and reduce costs. Additionally, you will work closely with suppliers, customers, and internal teams to ensure that supply chain operations are running smoothly. To thrive in this role, you need excellent communication and problem-solving skills, as well as a strong background in logistics and transportation. Many companies require a bachelor's degree and relevant experience in the field. If you're looking for a fast-paced and challenging career in transportation, logistics analyst III job description could be just what you're looking for!

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Job Duties and Responsibilities

  • Analyze logistics data to identify areas where cost savings can be achieved
  • Develop and implement logistics plans and strategies to optimize transportation operations
  • Monitor shipment statuses and ensure timely delivery and customer satisfaction
  • Ensure compliance with regulatory requirements and industry standards
  • Evaluate vendor performance and negotiate contracts to achieve cost savings
  • Develop and maintain relationships with shipping carriers and vendors
  • Provide logistics expertise and support to cross-functional teams
  • Conduct research and analyze industry trends to identify opportunities for improvement and innovation
  • Utilize logistics software and technology to optimize transportation and logistics operations
  • Manage logistics projects from conception to implementation to achieve desired results.

Experience and Education Requirements

To become a Logistics Analyst III in the transportation industry, you typically need a combination of education and work experience. Education can vary, but having a Bachelor's degree in business administration or logistics is common. Experience is just as important and can include at least 3-5 years working in related fields such as supply chain management, logistics or transportation. Employers also want to see that you have specific skills such as a strong understanding of transportation regulations, proficiency with software programs like Excel or ERP systems, and the ability to analyze data to improve efficiency. As a Logistics Analyst III, you will be responsible for making sure products get from point A to point B in the most cost-effective and efficient manner possible.

Salary Range

As a Logistics Analyst III in the Transportation industry, you can expect to earn an average salary range of $65,000 to $85,000 per year in the United States. However, the salary range may vary depending on your experience, location, and the size of the company you work for.

In some countries, such as Canada and Australia, Logistics Analyst III professionals can also expect a similar salary range of around CAD 56,000 to CAD 83,000 per year and AUD 70,000 to AUD 95,000 per year, respectively.

According to PayScale, Logistics Analyst III professionals in the U.S. typically earn an average of $70,000 per year. However, those with more experience can earn up to $97,000, while those who are just starting out can expect to earn around $53,000.

Overall, a career as a Logistics Analyst III in the Transportation industry can be quite lucrative, especially for those who possess strong analytical and problem-solving skills.

Sources:

https://www.payscale.com/research/US/Job=Logistics_Analyst/Salary

https://www.glassdoor.com/Salaries/canada-logistics-analyst-salary-SRCHIL.0,6IN3_KO7,24.htm

https://www.glassdoor.com.au/Salaries/australia-logistics-analyst-salary-SRCHIL.0,9IN16_KO10,27.htm

Career Outlook

A Logistics Analyst III plays an important role in the transportation industry by analyzing data, developing transportation strategies, and managing logistics operations. According to the Bureau of Labor Statistics, employment of logisticians (which includes logistics analysts) is projected to grow 4 percent from 2019 to 2029, about as fast as the average for all occupations.

As e-commerce continues to grow, logistics analysts will be in high demand to create innovative and efficient transportation solutions. Additionally, with the increasing use of technology in logistics operations, analysts with strong analytical and technical skills will have an advantage in the job market.

Overall, the career outlook for a Logistics Analyst III in the transportation industry is positive and expected to grow over the next 5 years.

Frequently Asked Questions (FAQ)

Q: What is a Logistics Analyst III?

A: A Logistics Analyst III is responsible for identifying and analyzing data related to transportation and logistics operations to improve efficiency and cost-effectiveness.

Q: What are the typical job duties of a Logistics Analyst III?

A: Typical job duties include analyzing transportation data, identifying opportunities for cost savings, developing logistics strategies, managing vendor relationships, and ensuring compliance with regulations.

Q: What skills are required to become a Logistics Analyst III?

A: Skills required include analytical thinking, problem-solving, strategic planning, communication, and the ability to work with data and technology systems.

Q: What education and experience are needed to become a Logistics Analyst III?

A: A bachelor's degree in logistics, mathematics, or a related field is typically required, along with several years of experience in transportation and logistics.

Q: What is the job outlook for Logistics Analyst IIIs?

A: The job outlook is positive, with a projected growth rate of around seven percent over the next several years. Demand for skilled logistics professionals is expected to remain high in a competitive global market.


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