If you’re not quite sure what ‘supply chain management’ and ‘logistics’ mean in terms of your career, then you’re not alone. Many aren’t until they realize the impact that this industry has on practically every facet of modern life. The logistics sector ensures that consumers can access goods as and when they need them; logistics professionals are required to oversee the important phases in a product’s life cycle including allocation, distribution and delivery. And, the demand for professionals in the logistics industry is currently at an all-time high around the world, so if you’re looking to enter a career where you can find steady, interesting, and well-paying work, this could well be the ideal industry for you. We’ve put together nine great reasons to consider pursuing a career in logistics and supply chain management.
#1. Career Growth:
Logistics today is a rapidly expanding field that was experiencing growth even during the height of the recession. And today, this field is even more promising for those who want to hit the ground running with a career that offers a wide range of great progression, growth and promotion opportunities.
#2. High Rates of Pay:
In May of 2017, the median annual pay for a logistician in the U.S. reached almost $75,000, a figure that’s been growing ever since and yes, you guessed it – is expected to grow even more into the future. According to figures from the Bureau of Labor Statistics in 2017, the lowest 10% earned less than $44,000 and the highest 10% were earning over $120,000 per year.
#3. Relatively Low Entry Barriers
The good news is that there are several different options available to those who wish to enter the logistics and supply chain management industry. You can go down the traditional route by earning a bachelor’s degree and then going on to earn an online supply chain masters to provide you with all the knowledge and skills you’ll need to get stuck into your new career straight away, but this isn’t the only option available. In fact, logistics offers professionals the opportunity to land high-paying work without the need for an advanced degree; although some roles may require graduate education or at least some form of relevant, advanced training, many individuals with a bachelor’s degree alone can find work in the logistics sector.