Match your Logistics knowledge and skills to salary

Roger OakdenGlobal LogisticsLeave a Comment

Match your Logistics Knowledge and Skills to Salary

Job attributes that are in demand.

Do you have the personal attributes most in demand for executive and technical jobs in logistics?

Logistics Executive review of the Australian logistics jobs market says that people most sought after are: “innovative in their thinking; able to multi-task; are customer focussed with a strong empathy and capable of problem solving, with solutions design and implementation experience”.

It reads like an employer’s wish list, but are the attributes different from five years ago? In my book A Framework for Supply Chains, I noted that the Supply Chain Futures group, sponsored by GS1, identified the following attributes required of graduates working in aspects of logistics.

  • Communication and social interaction
  • Technology literacy allied to strategic/critical thinking, analysis and problem-solving skills
  • Knowledge of supply chains related disciplines, finance and budgets, contracts and business relationships
  • Knowledge and application of sustainable business practices and ethics
  • Change management and project management

So, the essential requirements have not substantially changed. I noted in my book that for success in your job, a logistician must have the “capability to identify, understand and wherever possible, reduce uncertainty; that is variability, constraints and complexity in the supply network, while managing the risks”.

Do logistics jobs reward the attributes required?

In the Asia Pacific region, the LPI Report identifies countries that rank as having ‘developed logistics services’; Australia is in this group, along with Singapore, Japan, Hong Kong, Taiwan, New Zealand and South Korea. In each county of the group, a logistics professional would be expected to be paid a similar weightings to the county’s average wage (excluding bonus, car and travel allowances).

Logistics Executive review lists the following weightings for a sample of job types in Australia:

  • Supply Chain Analyst 0.9 – 1.5 x average wage
  • S&OP facilitator 1.75 – 2.3
  • Materials Manager 1.0 – 1.6
  • National Logistics Manager 1.9 – 2.5
  • Inventory Manager 1.0 – 1.5
  • Logistics Analyst 0.9 – 1.5
  • DC Manager 1.75 – 2.30
  • Warehouse Manager 1.25 – 2.0
  • National Transport Manager 2.2 – 2.5
  • Procurement Manager 1.06 – 1.60
  • Category Manager 1.5 – 1.9

As the average wage paid to professionals in IT and communications is about 1.24 and accountants 0.8, salaries for professionals in supply chains and logistics disciplines are roughly comparable. Whether the salary actually values the attributes required for a particular job is a matter for your negotiation!

The challenge for many professional logisticians is that employers are often not able to match the attributes required for the proposed job with the actual situation in the business. This is caused by the lack of understanding at senior levels within some companies concerning the strategic nature of their supply network and the underlying flows of items, money and information.

For a professional logistician to fully use their knowledge and skills, organisations need to change from departments based on command and control thinking to organisation structures based on the management of flows – into, through and out of the business.

Share This Page

About the Author

Roger Oakden

Facebook Twitter Google+

With my background as a practitioner, consultant and educator, I am uniquely qualified to provide practical learning in supply chains and logistics. I have co-authored a book on these subjects, published by McGraw-Hill. As the program Manager at RMIT University in Melbourne, Australia, I developed and presented the largest supply chain post-graduate program in the Asia Pacific region, with centres in Melbourne, Singapore and Hong Kong. Read More...

Leave a Reply

Your email address will not be published. Required fields are marked *