Job Description
Do you have an eye for numbers and details, solving problems, and helping things run smoothly? Then a job as a Supply Chain Analyst may be an excellent fit for you.
Supply Chain Analysts review all aspects of how goods are moved from manufacturing and storage stages through each channel to their end consumers. Optimizing this flow of products and materials — the organization’s supply chain — is critical, making this position crucial.
Supply Chain Analysts keep a close eye on everything from delivery times and routes, warehouse space use, stocking limitations, and even weather patterns. They make recommendations and adjustments to save the organization from wasting money or resources while also storing, moving, and delivering goods efficiently.
Supply Chain Analysts typically work in a fast-paced, ever-evolving environment that’s as challenging as it is rewarding. They perform jobs that can have a substantial positive effect on their organizations.
Typical Duties and Responsibilities
- Analyze and direct the allocation of materials, supplies, and products
- Evaluate market dynamics and insights to improve and forecast operational performance
- Develop business relationships with suppliers and clients
- Design strategies to minimize the cost or time required to store and transport goods
- Review logistical systems, and identify and recommend areas for improvement
Education and Background
This position requires a bachelor’s degree in business, systems engineering, or supply chain management.
Skills and Proficiencies
- Robust data and information analysis abilities
- Aptitude for counting and inventory management
- Managerial and business management skills
- Organizational, communications, and problem-solving skills
- Keen attention to detail
Compensation
According to Payscale the median annual salary of a Supply Chain Analyst with
1 Year of Experience:
- Orlando, Florida: $46,000
- Tampa, Florida: $48,000
- Jacksonville, Florida: $45,000
- Miami, Florida: $51,000
- Atlanta, Georgia: $61,000
- Chicago, Illinois: $54,000
- Houston, Texas: $48,000
- Los Angeles, California: $54,000
- New York City, New York: $65,000
- Seattle, Washington: $57,000
- Overall: $53,000
5 Years of Experience:
- Orlando, Florida: $586,000
- Tampa, Florida: $62,000
- Jacksonville, Florida: $57,000
- Miami, Florida: $61,000
- Atlanta, Georgia: $72,000
- Chicago, Illinois: $75,000
- Houston, Texas: $63,000
- Los Angeles, California: $76,000
- New York City, New York: $76,000
- Seattle, Washington: $66,000
- Overall: $64,000
Similar Job Titles
Career Path
The path to becoming a Supply Chain Analyst typically begins with a bachelor’s degree in business, systems engineering, or supply chain management. Earning certification from The International Society of Logistics or The American Production and Inventory Control Society can help boost advancement opportunities.
Position Trends
Employment growth in the logistics field should be driven in part by the need for logistics in the transportation of goods across a global economy. The increased use of technology, including radio frequency identification (RFID) tags and hand-held devices that read barcodes automatically, is expected to allow fewer warehouse and logistics workers to do the same amount of work.
Job Outlook
According to the U.S. Bureau of Labor Statistics, the job outlook for logisticians should grow five percent through 2028, about an average growth rate across all occupations.
Typical Hours
The typical work hours for a Supply Chain Analyst are from 9 a.m. to 5 p.m., Monday through Friday, in a warehouse setting. With materials often shipping around the clock, overtime or weekend hours may be necessary.
Where You Can Find Jobs
- 4 Corner Resources
- Career Builder
- Glassdoor
- Indeed
- Monster
Are You Interested in Becoming a Supply Chain Analyst?
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