Pursuing a career in logistics and supply chain may be the most rewarding decision you ever make. The industry is estimated to employ more than 1.3 million people, providing the efficient and effective transportation and storage of goods to customers across the entire globe.
Without logistics, many other fields would not be able to operate. Specialising as a logistics professional can make you a key player in an increasingly critical field. It can provide you with a job that challenges you, forcing you to think on your feet and constantly seek positive opportunities. There are a number of reasons why one should consider pursuing a career in logistics and supply chain management, with five of the most important below.
1. There have never been more opportunities to pursue a career in logistics
As the global economy expands, logistics is becoming one of the most important industries to be a part of. Australia’s logistics industry was estimated to account for 8.6% of GDP, adding $131.6 billion to our economy in 2015. These statistics prove the rapid expansion and growth that the field has experienced, even in the height of the recession.
The Bureau of Labour Statistics predicted a 22% job growth between 2012 and 2022, which is double the average growth rate across all professions. There has never been a more exciting time to be a part of the industry, with ample opportunities being provided to all that enter it.
2. Australia resides at the heart of the logistics boom
Historically, the world’s logistics hotspots were located in North America and Europe. In recent years, this has completely shifted. China is now known as the “factory of the world,” responsible for a significant amount of the world’s manufacturing. Being right on our doorstep, Australia plays a major role in getting goods from China to their destinations around the world.
Seas and airports are filling up with freight traffic in the same way that the roads are congested with cars, therefore logistics professionals must always ensure affordable and efficient transportation. The planning and actioning of freight around the world is a critical issue and something that Australia is at the forefront of; there has never been a more exciting time to be involved in the logistics industry.
3. The logistics industry is showing no sign of slowing
In the world of real estate, the most sought after properties in today’s market are warehouses, distribution centres and any site suitable for storing freight. In terms of industrial leases, logistics and transport overwhelm the category. Currently sitting at 39%, this is up 33% from all industrial leases within the last year. These figures indicate a constant growth in demand for industrial floor space, creating a positive outlook for those working within the industry or planning a career in supply chain and logistics.
4. There are plenty of opportunities for advancement
When selecting the right career for you, whether you are looking to pursue a career in logistics or not, it is important to consider how your industry will challenge you and provide opportunities for professional and personal development. As the logistics industry has so many levels and facets, advancement prospects are always available. Companies prefer to invest in their employees, training from the ground-up rather than hiring externally. This means that the most innovative and hard-working employees are rewarded for their efforts, encouraging you to work smarter and more efficiently.
5. It has never been easier to pursue a career in logistics
For those looking to pursue a career in logistics, the time is now. This is the kind of industry that offers professionals a range of employment types at all education levels. Although some are lucky enough to score high paying work without an advanced degree, a Diploma of Logistics or relevant adult training opportunities can fast track your career within the industry. Aspiring logistics professionals are advised to pursue further study, familiarising them with regulations, laws and ensuring they are consistently delivering the highest standard.