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Procurement agent vs supply chain analyst

The differences between procurement agents and supply chain analysts can be seen in a few details. Each job has different responsibilities and duties. It typically takes 4-6 years to become both a procurement agent and a supply chain analyst. Additionally, a procurement agent has an average salary of $72,384, which is higher than the $67,450 average annual salary of a supply chain analyst.

The top three skills for a procurement agent include supply chain, strategic sourcing and supplier performance. The most important skills for a supply chain analyst are supply chain, logistics, and customer service.

Procurement agent vs supply chain analyst overview

Procurement AgentSupply Chain Analyst
Yearly salary$72,384$67,450
Hourly rate$34.80$32.43
Growth rate11%28%
Number of jobs45,19837,979
Job satisfaction2-
Most common degreeBachelor's Degree, 69%Bachelor's Degree, 73%
Average age4841
Years of experience66

What does a procurement agent do?

A procurement agent develops profitable measures to save the client money and ensure the quality of goods supplied. Procurement agents obtain the purchased items through suppliers, monitor them, and expedite the orders. They oversee the activities and performance of the suppliers for compliance. Their duties include the verification of item receipts, resolving shipment-related problems, and authorizing purchase payments through documentation. The necessary skills for this job include being accomplished, decisive, and strong communication skills.

What does a supply chain analyst do?

A supply chain analyst is responsible for handling the supply chain operations of an organization, aligning processes, and identifying areas of improvement to initiate procedures and create smooth supply delivery transactions. Supply chain analysts monitor the adequacy of stock inventory, including the trends in the market industry, to meet the public demands and ensuring that the business provides those interests. They also evaluate the supply cycle, from the planning stages to the final distribution, and analyzing aspects to minimize complexities and cost-reduction without compromising the quality of services.

Procurement agent vs supply chain analyst salary

Procurement agents and supply chain analysts have different pay scales, as shown below.

Procurement AgentSupply Chain Analyst
Average salary$72,384$67,450
Salary rangeBetween $49,000 And $106,000Between $50,000 And $90,000
Highest paying CityRichmond, CAArlington, VA
Highest paying stateNew JerseyVirginia
Best paying companyMcKinsey & Company IncMeta
Best paying industryTechnologyManufacturing

Differences between procurement agent and supply chain analyst education

There are a few differences between a procurement agent and a supply chain analyst in terms of educational background:

Procurement AgentSupply Chain Analyst
Most common degreeBachelor's Degree, 69%Bachelor's Degree, 73%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaStanford University

Procurement agent vs supply chain analyst demographics

Here are the differences between procurement agents' and supply chain analysts' demographics:

Procurement AgentSupply Chain Analyst
Average age4841
Gender ratioMale, 51.4% Female, 48.6%Male, 59.3% Female, 40.7%
Race ratioBlack or African American, 8.8% Unknown, 4.4% Hispanic or Latino, 12.2% Asian, 7.6% White, 66.2% American Indian and Alaska Native, 0.8%Black or African American, 10.3% Unknown, 5.7% Hispanic or Latino, 19.8% Asian, 11.4% White, 52.5% American Indian and Alaska Native, 0.3%
LGBT Percentage7%9%

Differences between procurement agent and supply chain analyst duties and responsibilities

Procurement agent example responsibilities.

  • Achieve $200k cost savings buy locating excess material from OEM.
  • Manage project size OEM bills of material from supplier negotiation through final invoice.
  • Monitor and manage cost of components for bill of material (BOM), schedule lead times and performance with budgets.
  • Prepare strategic commodity business plans for globally manage commodities, performing spend analysis, and identifying part cost drivers.
  • Process purchase requisitions to POs for different commodities for MCI s end-user community.
  • Perform category spend analysis of indirect spend for hotel expenses to determine hotel candidates for 2010 RFP corporate rate negotiations.
  • Show more

Supply chain analyst example responsibilities.

  • Manage and develop various SQL queries to extract, analyze, and report trends and inventory needs.
  • Raise capital, set up PMO office & lead cross-functional team to deliver a document management technology solution.
  • Overhaul inventory management and replenishment methodology until introduction of ERP and policies upon ERP integration.
  • Decrease overtime percentages significantly by restructuring workloads, and material cost savings by reducing inventory levels and implementing MRP principles.
  • Coach and train staff to have a working knowledge of PeopleSoft for a successful go-live.
  • Validate BOM entry and routing in BPCS and monitor product development and supply chain until first complete delivery.
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Procurement agent vs supply chain analyst skills

Common procurement agent skills
  • Supply Chain, 15%
  • Strategic Sourcing, 6%
  • Supplier Performance, 6%
  • Customer Service, 5%
  • Inventory Control, 4%
  • Purchase Orders, 4%
Common supply chain analyst skills
  • Supply Chain, 18%
  • Logistics, 8%
  • Customer Service, 6%
  • Power Bi, 5%
  • Continuous Improvement, 4%
  • Chain Management, 4%

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