National Avg. Salary

$77,470 More Salary Data →

Job Growth Rate

1.9% More Growth Data →

Recommended Degree

Bachelor's Programs & Degrees →

Attributes

  • Don't Take Work Home
  • Flexible Hours
  • Growing Industry
  • Office Work Environment

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A supply chain analyst has the responsibility of assessing the efficiency and performance of all processes of a business – from the seamless transport of commodities to warehouses, to stocking up popular products in the inventory.

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Job Description

Duties

As a supply chain analyst, you can expect to perform the following typical duties:

  • Providing inputs related to data analytics and reporting for all verticals within the Supply Chain Department: this can range from lifecycle management and materials planning to distribution.
  • Work on multiple projects in collaboration with other personnel in Supply Chain to evaluate and suggest improvements to the ‘end to end’ process for maximizing customer value.
  • Communicate findings to provide clarity for various contexts such as financial reviews, supply chain strategy meetings and supplier feedback.
  • Undertake detailed analysis of areas facing challenges and offer sound recommendations for optimizing processes on project-based assignments.
  • Establish and nurture relationships with internal stakeholders to make certain that supply chain strategies are aligned with overall business goals while also addressing customer needs.

Day In The Life

Supply chain spend their days mainly evaluating various business processes that are currently in place for an organization. This means collecting information on aspects such as productivity, shipping procedures, expenditures, etc. and sharing findings via reports. You may also work in a supervisory capacity to optimize the performance of logistics workers and address challenges in the business process. Through accurate data analysis, the role of a supply chain analyst focuses on predicting and assessing business growth and performance levels, minimizing delays in shipment and processing, organizing inventories, etc.

An example of the daily workload is – a company may be using outdated software applications to print shipping labels at the warehouse, which is then leading to fewer shipments per day. It is up to the supply chain analyst to point out this problem for senior management, by running the data on how this is affecting other business variables. The report you present to high level management, would include pertinent numbers such as loss of income, versus costs of buying and installing new software. Ultimately, your primary job is to promote the most productive work environment while encouraging better service provision for all customers.

Work Schedule

Supply chain analysts enjoy a normal office work environment with regular business hours. Sometimes, you might also have to do site visits but there is usually no work during weekends, holidays or late hours.

Growth Of The Job

Supply chain management will enjoy a positive outlook in the years ahead. Career advancement is also possible for aspiring supply chain analysts – you can work your way up to logistics engineer, operations manager and logistics manager positions. When it is mid-career, candidates that possess functional experience in supply chain management will have an advantage over other qualified candidates. If you have advanced skills in enterprise resource planning (ERP) software packages, e.g. SAP or Oracle – this also leads to faster progress up the career ladder.

Typical Employers

Supply Chain Analysts are employed by a wide range of companies which retail businesses, manufacturing companies and logistics service providers. Some may also choose to work as consultants or freelancers on a project basis, depending on their specialty.

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Supply Chain Analyst Salary Data

We've provided you the following to learn more about this career. The salary and growth data on this page comes from recently published Bureau of Labor Statistics data while the recommendations and editorial content are based on our research.

National Annual Salary

Low Range

$57,890

Average

$77,470

High Range

$115,960

National Hourly Wage

Low Range

$28/hr

Average

$37/hr

High Range

$56/hr

How do Supply Chain Analyst salaries stack up to other jobs across the country? Based on the latest jobs data nationwide, Supply Chain Analyst's can make an average annual salary of $77,470, or $37 per hour. On the lower end, they can make $57,890 or $28 per hour, perhaps when just starting out or based on the state you live in.

Salary Rankings And Facts

  • #152 Nationally for All Careers

  • Above Average Salary Nationally

What Will Your State Pay?

State Hourly Annual
California $00.000 $00.000
Texas $00.000 $00.000
Florida $00.000 $00.000
Washington $00.000 $00.000
Tennessee $00.000 $00.000

Find Out Your State's Average Salary Based on the Latest Jobs Data.

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How To Become

If you are aspiring for a professional career in supply chain analysis, you must be very comfortable applying data analysis skills, and have a clear understanding of mathematical concepts. While it is not necessary for a supply chain analyst to have college training in a specific subject area, possessing a bachelor’s degree in relevant disciplines like communications, software engineering, systems management or business studies is beneficial for candidates looking to have the upper hand. In recent times, employers also look for an accreditation to distinguish an experienced individual from others in the market. Joining an accredited training institution with APICS certification will help you succeed on this career path, with specialized training in inventory management and production.

Other skills you should cultivate in the field include an interest in planning and organization, to take the lead on projects and find immediate solutions to problematic business processes. Having superior communication skills is also helpful since you may act as a point of contact for colleagues in other departments like design, sales, and operations while also addressing issues with external vendors. Gain early experience in retail and inventory through internships and junior programs at the college level, for hands-on analytical skills.


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Quick Summary

  • Recommended Min. Degree

    Bachelor's

Programs and Degrees

Here are the most common degrees for becoming a Supply Chain Analyst. a Bachelor's is usually recommended and specifically a degree or coursework that prepares you for the particular field, see below.

Highest Education Among Supply Chain Analyst

  • 1%   Doctorate
  • 10%   Masters
  • 33.3%   Bachelors
  • 11.3%   Associates
  • 27.5%   College
  • 15.3%   High School
  • 1.4%   Less than High School

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Job Growth Projections and Forecast

2014 Total Jobs

130,400

2024 Est. Jobs

132,900

Job Growth Rate

1.9%

Est. New Jobs

2,500

How does Supply Chain Analyst job growth stack up to other jobs across the country? By 2024, there will be a change of 2,500 jobs for a total of 132,900 people employed in the career nationwide. This is a 1.9% change in growth over the next ten years, giving the career a growth rate nationwide of Above Average.

Growth Rankings And Facts

  • #553 Nationally for All Careers

  • Above Avg. Growth Nationally

Is There Growth in My State?


State No. of Jobs Job Growth
California 00% 00%
Texas 00% 00%
Florida 00% 00%
Nevada 00% 00%
New York 00% 00%
Chicago 00% 00%

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What Companies Employ The Most Supply Chain Analysts

Industry Current Jobs New Jobs Needed % Increase
Federal government, excluding postal service 28,500 -2,800 -3%
Management of companies and enterprises 0000 0000 0000
Management, scientific, and technical consulting services 0000 0000 0000

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