What does a Supply Chain Analyst do?
A Supply Chain Analyst has an important role in the planning and carrying out of large-scale projects. A Supply Chain Analyst collects data and then analyzes in order to make improvements to the supply chain system. They work to promote top-notch performance from workers and lower the costs of items used in projects.
A Supply Chain Analyst serves as the contact point for many large purchases made from outside of the company for projects. They research fair prices and negotiate with company representatives to ensure the parent company is receiving the best possible price for good solid. Additionally, they are aware of the stock on hand and actively monitor what is being used to support other team members by making sure they have the tools they require.
- Design and implement methods to gather and manage supply chain data
- Research and seek out the most cost-efficient shipment procedures and methods
- Review and analyze gathered data to locate was areas in the supply chain process and develop methods to improve
- Research partner companies and seek to negotiate best-price contracts to increase business revenue
- Plan and implement supply chain optimization projects
- Maintain a friendly and professional relationship with vendors while promoting company initiatives and values
- Assist in promoting a positive image and inter-business relationship with business partners and vendors
- Seek to improve all aspects of the supply chain department by reviewing current methodology and processes
- Experience analyzing and improving supply chain data, information and processes
- Supply Chain Management certification is not necessary though strongly preferred
- High-level understanding of all aspects of supply chain processes
- Previous experience with supply chain processes strongly preferred
- Experience working in and maintaining databases using Microsoft Excel and others relevant to company processes
- Professional communication skills are essential when conversing and negotiating with vendors
- Exceptional ability to conceptualize large-picture projects and foresee challenge and needs to be addressed
- Ability to research companies and determine the best vendors to reach out to for various projects
- Experience working to improve all aspects of the supply chain by streamlining steps and locating the best prices for inventory
Supply Chain Analyst Salaries
Average Base Pay
Supply Chain Analyst Career Path
Learn how to become a Supply Chain Analyst, what skills and education you need to succeed, and what level of pay to expect at each step on your career path.
Years of Experience Distribution
Supply Chain Analyst Insights
Chainalytics“Salary hike is good depends on how well you work and how you can demand.”
Penske Logistics“My number 1 gripe about this job is that getting raises above 3% every year is difficult.”
Target“You gain a great skillset working for one of the fastest growing teams in retail.”
Kroger“It is a great organization to grow and learn about a new industry or focus area without taking a major career risk.”
Spectrum“Dental and Vision benefits are not as good as some places I have worked.”
Vivint“I enjoyed the people I worked with and did believe in the product we were selling.”
Boston Scientific“not the best compensation available”
Genpact“Employee career aspiration is not heeded”
Frequently asked questions about the role and responsibilities of a Supply Chain Analyst
When working as a Supply Chain Analyst, the most common skills you will need to perform your job and for career success are Excellent Communication, Powerpoint, SUPPLIERS, Microsoft Office Suite and Microsoft Access Database.
- Demand Planner
- Planner
- Supply Chain Manager
- Supply Chain Specialist
The most common qualifications to become a Supply Chain Analyst is a minimum of a Bachelor's Degree and an average of 0 - 1 of experience not including years spent in education and/or training.