What exactly does a logistics career mean? Even if you have a general understanding of the industry, you should absolutely do further research before making any significant decisions for your future. You are at the proper location. We’ll offer you a brief summary of what logisticians perform and what to anticipate from a career in this important industry in this post.
Let’s take a closer look at what you could have missed in your job hunt as careers in logistics and supply chain are often disregarded by the general public.
i) Logistics is a HUGE Industry
Not many individuals consider logistics as a profession on a daily basis. But the reality is that this sector of the economy is VERY important. The U.S. Department of Transportation estimates that in 2015, our national transportation network carried 18.1 billion tons of cargo worth about $19.2 trillion. The vast size of this significant but sometimes underappreciated business is shown by projections that total freight will reach 27 billion tons by 2045 and reach a value of $38 trillion.
To make sure that business operations run well, a company needs logistics professionals whether it manufactures or sells products that another company manufactures.
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ii) Logistics Employment Prospects are Promising
It should not be surprising that there is a consistent need for competent logistics specialists given the growth of this employment sector. According to the Bureau of Labor Statistics, employment in logistics is expected to increase by 4% between 2019 and 2029, which is in line with the national average.
While the Baby Boomer group is starting to leave the workforce, there is a general lack of attention dedicated to this sector, which may work in your favour. Most individuals are aware of the chances for nurses, accountants, and attorneys and plan their studies in accordance with those opportunities; nevertheless, fewer people may pursue the education required to thrive in this sector.
iii) Jobs May Change
Daily tasks for logisticians are many, but where precisely do they operate from? There is no typical work environment, according to Rohit Sharma, a 12-year SCM veteran and current CEO of Perchingtree Inc. From a factory to an office to a movable site like a delivery or pickup facility, logisticians may operate everywhere.
Because there are so many alternatives, he suggests that you clarify with prospective employers what type of setting you’ll be working in. Another aspect of the work environment to think about is if you’ll need to travel often to various supply chain sites depending on your function.
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iv) It could be a Stressful Profession
Everyone else will be able to do their duties thanks to your forethought and dedication, but when unexpected occurrences happen, you could run into uncomfortable circumstances.
The majority of sites of failure in the SCM domain come during logistical tasks, which makes logistics itself a particularly difficult sector, according to Sharma.
For instance, on certain days you could be in charge of creating a backup transportation strategy that might have a significant financial effect on the company. You will thus need to remain composed under strain and communicate clearly with stakeholders who are also probably under pressure.
v) It’s Crucial to Comprehend Supply Chain Management in its Whole
Although it is just one piece of the SCM jigsaw, logistics is an essential component. The most effective logisticians, according to Sharma, have a solid grasp of SCM as a whole.
People working on specific pieces don’t always understand how the parts go together, which leads to a lot of issues, according to Sharma.
To prevent this, he suggests learning more about supply chain management (SCM) and the function that logistics performs by looking into the courses and training that APICS, an association for supply chain and operations management professionals, offers. Furthermore, a degree program specifically designed for supply chain and logistics management may provide students with a solid basis for understanding how each component of supply chain management fits into the whole.