A supply chain analyst is vital to any company that aims to develop operational excellence by developing efficient logistical processes. The supply chain analyst not only analyzes but supervises the execution of all the supply chain operations in a company. Your duties include gathering and analyzing data related to cost, productivity, demand, and transportation.
You will also be responsible for planning and implementing supply chain optimization projects as well as collaborating with relevant IT professionals and other team members to develop more effective systems. You must keep records of all supply chain operations and be ready to provide your input regarding improvement in supply chain operations in the company.
It would be great to have a bachelor's degree in supply chain management or a relevant field at least. You must possess a knowledge of supply chain management and the use of important tools like MS Office, ERP systems, and relational databases. Some of the other skills required for a supply chain analyst are project management, cost accounting skills, business ethics and communication, and soft skills. The average yearly salary is $62,000.
There is more than meets the eye when it comes to being a supply chain analyst. For example, did you know that they make an average of $31.56 an hour? That's $65,639 a year!
Between 2018 and 2028, the career is expected to grow 5% and produce 8,400 job opportunities across the U.S.
There are certain skills that many supply chain analysts have in order to accomplish their responsibilities. By taking a look through resumes, we were able to narrow down the most common skills for a person in this position. We discovered that a lot of resumes listed customer service skills, organizational skills and problem-solving skills.
If you're interested in becoming a supply chain analyst, one of the first things to consider is how much education you need. We've determined that 72.8% of supply chain analysts have a bachelor's degree. In terms of higher education levels, we found that 15.0% of supply chain analysts have master's degrees. Even though most supply chain analysts have a college degree, it's possible to become one with only a high school degree or GED.
Choosing the right major is always an important step when researching how to become a supply chain analyst. When we researched the most common majors for a supply chain analyst, we found that they most commonly earn bachelor's degree degrees or master's degree degrees. Other degrees that we often see on supply chain analyst resumes include associate degree degrees or high school diploma degrees.
You may find that experience in other jobs will help you become a supply chain analyst. In fact, many supply chain analyst jobs require experience in a role such as buyer. Meanwhile, many supply chain analysts also have previous career experience in roles such as internship or customer service representative.