Supply Chain Analyst

Career Area: Business Management and Operations

Occupation Group: Logistics and Supply Chain Analysts/Specialists

Salary

Percentile wages tell how much a certain percentage of an overall population in a geographic area or within a given industry or field makes. The percentile wage estimate is the value of a wage below which a certain percent of workers fall.

An example would be the 25th percentile, 25 percent of workers employed in that occupation earn less and 75 percent earn more than the estimated wage value. At the 75th percentile, 75 percent of workers employed in that occupation earn less and 25 percent earn more than the estimated wage value.

A typical Supply Chain Analyst earns the following wages (national and state):

State

The average salary in North Carolina for those pursuing this career is $67,206

National

The average salary in the United States for those pursuing this career is $67,110

What Does a Professional in this Career Do?

Analyzes data to identify inefficiencies and potential improvements in the supply chain system for a company or organization. Analyzes workflow and costs associated with procurement, production, and distribution; analyzes sales and customer demand data; completes cost benefit analysis for proposed changes in production processes.

Employment Trends

The job demand and job growth statistics shown here were derived from job posts over the past year. Expected job growth projections are extrapolated from year-over-year job post listing history.

Job demand and job growth is expected at the following rates:

Skills

A professional in this position typically utilizes the following skills in the course of everyday work in this exciting and challenging field:

Baseline Skills

The following are baseline skills every Supply Chain Analyst is expected to have in order to experience success in this field:

• Communication Skills: The ability to convey information to another effectively and efficiently.
• Microsoft Excel: Microsoft Excel is a spreadsheet developed by Microsoft for Windows, macOS, Android and iOS. It features calculation, graphing tools, pivot tables, and a macro programming language called Visual Basic for Applications.
• Planning: Working experience with the process of thinking about and organizing the activities required to achieve desired goals.
• Teamwork / Collaboration: Experience working in collaborative efforts with a team to achieve a common goal or to complete a task in the most effective and efficient way.
• Problem Solving: Problem solving consists of using generic or ad hoc methods, in an orderly manner, for finding solutions to problems.

Specialized Skills

These skills are specific to working in this career:

• Supply Chain Knowledge: A supply chain is a system of organizations, people, activities, information, and resources involved in moving a product or service from supplier to customer.
• Supply Chain Management: In commerce, supply chain management (SCM), the management of the flow of goods and services, involves the movement and storage of raw materials, of work-in-process inventory, and of finished goods from point of origin to point of consumption.
• Logistics: Logistics is generally the detailed organization and implementation of a complex operation.
• Procurement: Procurement is the process of finding, agreeing terms and acquiring goods, services or works from an external source, often via a tendering or competitive bidding process.
• SAP: Experience of using SAP, which is an enterprise resource planning software developed by the German company SAP SE. SAP ERP incorporates the key business functions of an organization. Business Processes included in SAP ERP are Operations (Sales & Distribution, Materials Management, Production Planning, Logistics Execution, and Quality Management), Financials (Financial Accounting, Management Accounting, Financial Supply Chain Management), Human Capital Management (Training, Payroll, e-Recruiting) and Corporate Services (Travel Management, Environment, Health and Safety, and Real-Estate Management).

Distinguishing Skills

Any Supply Chain Analyst that possesses the following skills will stand out against the competition:

• Inventory Planning: The process of determining the optimal quantity and timing of inventory for the purpose of aligning it with sales and production capacity.
• Supply Chain Coordination: Channel coordination (or supply chain coordination) aims at improving supply chain performance by aligning the plans and the objectives of individual enterprises.
• Transportation Management Systems: Transportation Systems Management is a set of techniques used to increase the capacity of a piece of transportation infrastructure without increasing its physical size.
• Supply Chain Strategy: Working experience of Supply Chain Strategy, which is an iterative process that evaluates the cost- benefit trade-offs of operational components. Business strategy involves leveraging the core competencies of the organization to achieve a defined high-level goal or objective.
• Logistics Engineering: Logistics engineering is a field of engineering dedicated to the scientific organization of the purchase, transport, storage, distribution, and warehousing of materials and finished goods.

Experience

This position typically requires the following level of experience. The numbers presented in the pie charts below were derived from actual job posts over the past year. Not all job postings list experience requirements.

Common Job Titles

It is possible to find work in this field in positions commonly listed as the following job titles:

• Supply Chain Analyst
• Supply Chain Planner
• Senior Supply Chain Analyst
• Transportation Analyst
• Fulfillment Coordinator

Similar Occupations

If you are interested in exploring similar occupations, you may want to research the following job titles:

• Logistics Analyst
• Supply Chain Planning Analyst
• Supply Planner
• Logistics Management Specialist