Other duties of a logistics manager include:
- Management of shipping operations
- Use IT for metrics and data analysis
- Manage supply chain functions, including inbound and outbound transportation
- Formulate and implement safety policies in the logistics department
Payscale’s research shows that the average salary for logistics managers in 2020 is $75,000+, including bonuses and commissions.
Elements of logistics services
The logistics system comprises several elements that together form logistics components. These elements include key fields and functionalities in supplies and materials sourcing, production planning, inventory management, and transportation.
Others include packaging and materials handling, information processing, storage and warehousing, demand forecasting, and customer service.
The elements of logistics can also cut across functions in return of goods and recycling. What happens is that different organizations will use logistics elements that best fit their operations. In general, elements of logistics fall into these five categories:
- Data and information control
Data and information control is an element of logistics key to the flow of goods and other operational procedures. Companies need to have all the necessary data and information for their inventory, transport, warehousing, and distribution.
Packaging is one of the key elements of logistics and which contributes to the 7 Rs of logistics. You want to have the right packaging to get the right quantity and delivery of goods in the right condition.
- Transport storage, warehousing, and material handling
The element of logistics that deals with material handling and storage are vital to the movement of goods. The choice of trucks and shipping modes is one of the concerns addressed with proper transport logistics. It also includes all the equipment and facilities required to aid in logistics management.
Inventory control deals with managing the flow of goods, both for inbound and outbound logistics. Apart from warehouse stock, inventory control also allows for sales data analysis and using software for demand forecasting.
Supply support is an element of logistics that looks at the components needed to support logistics operations. Other than transport and warehouse facilities, companies need computers, software, communications, and material handling equipment.