Supply Chain AnalystJob Description, Salary, Career Path, and Trends
Every day, hundreds of millions of products need to leave somewhere and arrive at their next destination. The faster and more efficient this can happen, the more affordable and eco-friendly it is for everyone.
Supply chain analysts are vital in the process of making a supply chain run as smoothly and efficiently as possible. They assess a company’s logistic processes and gather data to optimize the supply chain. They continue to monitor and improve the supply chain and create reports for supervisors, managers, and stakeholders.
These experts need to be strongly suited for critical thinking and possess a high level of quantitative analysis. They’ll need to be able to convey these complex ideas to others, and as such, need to have excellent communication skills. Having strong problem-solving skills alongside organization and time management are major pluses.
Sample job description #1
Analyzes route schedules or load plans, historical activity and customer trends in order to provide recommendations for improvements to routing efficiency and solution effectiveness
Support the design and implementation of a developed supply chain solution
Identify cost savings opportunities for the customer
Handle reoccurring analysis and tasks driving continuous cost savings initiatives
Examine current processes and implement or recommend improvements to drive out waste
Proactively monitor and manage key performance indicators and execute root cause analysis utilizing TM operating systems
Interact with customers in resolving problems and coordinating implementations
Develop and distribute weekly customer metrics and develop customer performance reports
Meet customer deadlines and develop metrics dashboards that highlight customer specific analytics
Applies network changes and synchronizes execution with TM system
Maps and documents standard operating processes
Applies tactical processes daily within the established business rules
Use discretion and independent judgment to answer customer requests and propose solutions
Work with internal subject matter expert to resolve problems and support implementations
Follow processes that are set by engineering and help implement any process changes and transportation design changes
Other projects and tasks as assigned by supervisor
High School Diploma or equivalent required, Bachelor’s degree preferred
1 year of inventory/auditing/transportation experience preferred
Fundamental understanding of transportation, supply chain and logistics
Ability to learn and operate various inventory and transportation management systems, in addition to extension applications
Ability to follow processes and procedures
Data Analysis skills required
Strong problem solving and time management skills required
Must have strong verbal and written communication skills
Ability to work independently and multi task required
Ability to follows process and standard procedures
Experience analyzing large sets of data preferred
Advanced computer skills including Excel and Outlook required
Regular, predictable, full attendance is an essential function of the job
Willingness to travel as necessary, work the hours necessary to accomplish the job duties, work at the specific location required, complete Penske employment application, submit to a background investigation (to include past employment, education, and criminal history) and drug screening
The physical and mental demands described here are representative of those that must be met by an associate to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals
Sample job description #2
Summary of responsibilities
Receive and record all non-Purchase Order (“PO”) freight invoices, distribute to the appropriate approvers, and monitor to enable a timely response (either approval and payment or initiate a dispute) to vendors and carriers
Monitor and report invoices from companies who are not approved vendors and handle as directed by management
Handle or re-direct inquiries and billing exceptions from Accounting to appropriate parties in Logistics
Respond to logistics vendor inquiries for payment status
Monitor payables aging for major logistics and processing vendors and facilitate resolution
Prepare management reports and information regarding invoice activity, spend, and exceptions, or other key indicators
Work with manager to develop an invoice management process and provide recommendations to improve reporting, processes, and procedures to improve the accuracy and velocity of invoice approvals
Bachelor’s degree in Business or at least two (2) years of relevant logistics or accounts payable experience
Team player with strong interpersonal skills, capable of working within a diverse, cross-functional, internal, and external team across different time zones
Strong planning, time management, communication, interpersonal, and problem-solving skills with a strong results orientation
Ability to travel periodically to other Cliffs facilities
Organized, detail-oriented administrative skills, i.e., record keeping, filing, etc.
Understanding of logistics and transportation management
Bachelor’s degree in Supply Chain Management or Accounting
Computer skills – MO Office Products, including, Excel, Word, PowerPoint, and Outlook
Experience in CC legacy systems, On Base, etc. would be a plus
Self-motivation, problem solving, and organizational skills
Demonstrated work ethic
Sample job description #3
Provide feedback to Corporate and Branch Operations regarding process improvement and product storage issues
Oversee supply chain/inventory control/velocity team to guide progress on velocity code planning/sizing/slotting
Analyze product movement data
Respond to all communications regarding current velocity projects and status of new catalog item slotting
Contribute to the planning of overall facility layout and design
Ensure various reports and code changes are in line with all corporate supply chain/inventory control/velocity procedures
High school diploma or equivalent. Bachelor’s degree preferred
5+ years warehouse experience preferred
Excellent verbal and written communication skills
Detail-oriented and ability to multitask
Experience with Microsoft SQL or Access
Ability to analyze data and make recommendations for process improvement
Average salary and compensation
The average salary for a supply chain analyst is $68,900 in the United States. Position salary will vary based on experience, education, company size, industry, and market.
Los Angeles, California
Minneapolis-St. Paul, Minnesota
New York City, New York
Sample interview questions
Why are you interested in working as a supply chain analyst?
What experience do you have in this field?
What analytical skills do you think will be most important for this role?
Can you tell me about a time when you had to work with someone from another department to resolve an issue?
What type of software do you feel most comfortable using? What programs can you quickly learn if they aren’t already familiar to you?
Do you have any active professional certifications related to this position?
What were your responsibilities as a supply chain analyst at your last job?
How many people were on your team, and what was the size of your budget?
How do you handle stress while working? Do you have any examples of when you’ve been able to successfully manage a difficult situation?
What are some of the most important things you’ve learned in your previous jobs that will help you in this position?
How would you respond if your findings revealed a huge rise in demand vs. supply for an essential product?
What are some of your professional goals right now, and how might this position help you achieve them?
Would you be willing to travel occasionally for work?
What do you think are the biggest challenges facing the supply chain industry right now? Do you have any ideas on how to overcome them?
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