Reasons to Earn a Degree in Logistics
Logistics is a booming industry, full of opportunity and growth. A logistics degree is now a popular degree among aspiring business professionals.
But what else makes a logistics degree so valuable these days? We’ve put together a list of five reasons why earning a degree in this field is a wise career move with the potential for awesome professional and personal payoff.
Reason #1: Salary
Let’s face it. Money is a motivator, and logistics careers typically pay well. The Bureau of Labor Statistics reported a median annual wage of $73,400 in May 2013. Not bad, right? Imagine what you can earn after you’ve worked in the field for a few years; erhaps a six-figure salary is in your near future. If you earn an advanced degree in this field, the opportunity to earn more increases. You might want to consider pursuing a master’s degree in order to boost your earning potential.
Reason #2: Unlimited Opportunity
No matter what, companies will always needs employees to help with distribution of merchandise. Without logisticians, manufacturing and other businesses would have a very hard time succeeding. Logistics keeps the supply chain flowing, which in return, keeps you employed. Logistics is definitely a field with limitless potential.
Reason #3: Jobs at Every Education Level
You don’t have to have a master’s degree to land a job in logistics. This field has entry-level positions as well as career opportunities for job seekers with more experience. Entry-level opportunities include forklift operator, material handler, and truck drivers while mid- to upper-level positions include operations managers, logistics analysts, and purchasing agents. However, by earning an advanced degree, you might qualify for leadership positions. But a bachelor’s degree will get your foot in the door and off to a great start in the industry. Below are a few of the typical entry level positions:
- Planner or Analyst – Responsible for assembling data, identifying problems, and developing recommendations which support the management of a supply chain.
- Buyer – Identifies sources of supply, evaluating and selecting suppliers, negotiating contracts, and managing relationships with suppliers.
- Inventory Specialist – Responsible for inventory quality and accuracy, monitors inventory flow, and works on stock location and order picking strategies to optimize work flow and labor productivity in distribution facilities.
- Materials Planner – Coordinates with purchasing, manufacturing, and supplier to ensure reliable, cost efficient delivery of materials.
- Transportation Coordinator, Traffic Analyst – Manages relationships with carriers and customers to ensure the timely delivery of goods.
- Production Coordinator / Operations Planner / Analyst – Coordinates daily production schedules and forecasting future production needs.
Reason #4: Plenty of Variety
Logistics is a diverse industry with a wide variety of sub-sectors, keeping your daily schedule both interesting and challenging. You’ll learn about many different industries and how they function. You can work for profit as well as non-profit organizations. It’s all up to you and what you’re most interested in doing. A great way to determine what industry best suits you is securing an internship while in school. You can intern at a large corporation, a non-profit, a government agency, and many other places that need individuals with a passion for logistics.
Reason #5: Gain International Business Experience
Perhaps the most exciting reason to earn a degree in logistics: gaining international business experience is pretty cool. You’ll develop relationships with professionals around the globe if your employer deals with international customers – and most do! Who knows, you might score a few travel opportunities to Asia, South America, or anywhere for that matter. If you decide to work as a consultant, you can choose which companies you want to work for, which leads to more opportunity to travel and work with a variety of clients.
What degree options are available in logistics?
Having a relevant education is critical for anyone interested in a logistics career. Logistics degree programs cover subjects such as management, managerial decision-making, distribution and logistics and supply chain management. Given the broad scope of the field, some programs are referred to as an operations management degree or logistics and supply chain management degree. Some schools offer a degree in transportation and logistics.
It’s important to find the right program for your career goals. Below you’ll find a list of accredited schools that offer a number of quality degree options.
Colorado Technical University
For information about on-time completion rates and median loan debt of students who completed each program, visit ashforddisclosures.com. Degree programs may not be available in all states.
Southern New Hampshire University
There are plenty of useful resources out there to help you learn as much as possible about the logistics industry. Check out the list of sites below to access some interesting data and career information about this ever-growing industry: