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Supply chain analyst hiring summary. Here are some key points about hiring supply chain analysts in the United States:
Here's a step-by-step supply chain analyst hiring guide:
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.
The supply chain analyst hiring process starts by determining what type of worker you actually need. Certain roles might require a full-time employee, whereas part-time workers or contractors can do others.
A supply chain analyst's background is also an important factor in determining whether they'll be a good fit for the position. For example, supply chain analysts from different industries or fields will have radically different experiences and will bring different viewpoints to the role. You also need to consider the candidate's previous level of experience to make sure they'll be comfortable with the job's level of seniority.
This list presents supply chain analyst salaries for various positions.
| Type of Supply Chain Analyst | Description | Hourly rate |
|---|---|---|
| Supply Chain Analyst | Logisticians analyze and coordinate an organization’s supply chain—the system that moves a product from supplier to consumer. They manage the entire life cycle of a product, which includes how a product is acquired, distributed, allocated, and delivered. | $24-43 |
| Planner/Buyer | The role of buyers/planners is to ensure that office materials and equipment are well-supplied within their organization. They decide and purchase the materials needed for use or resale by their organization... Show more | $17-37 |
| Buyer | A buyer's duties include product sourcing and comparing resources for the best product range that would suit the specific needs of the business. Buyers must have excellent communication and negotiation skills to evaluate items that most likely benefit the customer and improve the sales of daily operations with cost-efficient products... Show more | $17-36 |
Including a salary range in your supply chain analyst job description helps attract top candidates to the position. A supply chain analyst salary can be affected by several factors, such as geography, experience, seniority, certifications, and the prestige of the hiring company.
For example, the average salary for a supply chain analyst in South Dakota may be lower than in Virginia, and an entry-level supply chain analyst usually earns less than a senior-level supply chain analyst. Additionally, a supply chain analyst with certifications may command a higher salary, and working for a well-known company or start-up may also impact an employee's pay.
| Rank | State | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | Virginia | $87,001 | $42 |
| 2 | California | $85,469 | $41 |
| 3 | Washington | $80,017 | $38 |
| 4 | Utah | $68,702 | $33 |
| 5 | New York | $68,206 | $33 |
| 6 | Massachusetts | $67,027 | $32 |
| 7 | Pennsylvania | $65,969 | $32 |
| 8 | Colorado | $65,214 | $31 |
| 9 | Missouri | $64,231 | $31 |
| 10 | Texas | $63,939 | $31 |
| 11 | Ohio | $63,253 | $30 |
| 12 | Minnesota | $62,822 | $30 |
| 13 | North Carolina | $62,012 | $30 |
| 14 | Tennessee | $60,726 | $29 |
| 15 | Indiana | $60,304 | $29 |
| 16 | Arizona | $59,293 | $29 |
| 17 | Illinois | $59,150 | $28 |
| 18 | Wisconsin | $57,525 | $28 |
| 19 | Georgia | $57,151 | $27 |
| 20 | Florida | $56,474 | $27 |
| Rank | Company | Average salary | Hourly rate | Job openings |
|---|---|---|---|---|
| 1 | Meta | $113,525 | $54.58 | 24 |
| 2 | Apple | $108,629 | $52.23 | 16 |
| 3 | $103,036 | $49.54 | 50 | |
| 4 | Intuitive Surgical | $98,574 | $47.39 | 1 |
| 5 | TechnipFMC | $98,108 | $47.17 | |
| 6 | Bunge | $96,817 | $46.55 | |
| 7 | Slalom | $93,710 | $45.05 | 46 |
| 8 | Xilinx | $93,165 | $44.79 | |
| 9 | Cloudflare | $92,791 | $44.61 | |
| 10 | Univar | $92,245 | $44.35 | 1 |
| 11 | AT&T | $91,989 | $44.23 | 7 |
| 12 | The Dow Chemical Company | $91,784 | $44.13 | |
| 13 | The Chemours Company | $91,671 | $44.07 | |
| 14 | Zulily | $91,625 | $44.05 | |
| 15 | Texas Instruments | $91,273 | $43.88 | |
| 16 | Clariant | $89,646 | $43.10 | |
| 17 | Cargill | $89,458 | $43.01 | 1 |
| 18 | Celanese | $89,247 | $42.91 | |
| 19 | Uber Technologies | $89,025 | $42.80 | |
| 20 | Pure Storage | $88,950 | $42.76 |
A supply chain analyst job description should include a summary of the role, required skills, and a list of responsibilities. It's also good to include a salary range and the first name of the hiring manager. To help get you started, here's an example of a supply chain analyst job description:
To find supply chain analysts for your business, try out a few different recruiting strategies:
Recruiting supply chain analysts requires you to bring your A-game to the interview process. The first interview should introduce the company and the role to the candidate as much as they present their background experience and reasons for applying for the job. During later interviews, you can go into more detail about the technical details of the job and ask behavioral questions to gauge how they'd fit into your current company culture.
It's also good to ask about candidates' unique skills and talents. You can move on to the technical interview if a candidate is good enough for the next step.
The right interview questions can help you assess a candidate's hard skills, behavioral intelligence, and soft skills.
Once you've selected the best supply chain analyst candidate for the job, it's time to write an offer letter. In addition to salary, this letter should include details about the benefits and perks you offer the candidate. Ensuring that your offer is competitive is essential, as qualified candidates may be considering other job opportunities. The candidate may wish to negotiate the terms of the offer, and you should be open to discussion. After you reach an agreement, the final step is formalizing the agreement with a contract.
It's equally important to follow up with applicants who don't get the job with an email letting them know that the position has been filled.
Once that's done, you can draft an onboarding schedule for the new supply chain analyst. Human Resources should complete Employee Action Forms and ensure that onboarding paperwork is completed, including I-9s, benefits enrollment, federal and state tax forms, etc. They should also ensure that new employee files are created for internal recordkeeping.
Recruiting supply chain analysts involves both the one-time costs of hiring and the ongoing costs of adding a new employee to your team. Your spending during the hiring process will mostly be on things like promoting the job on job boards, reviewing and interviewing candidates, and onboarding the new hire. Ongoing costs will obviously involve the employee's salary, but also may include things like benefits.
The median annual salary for supply chain analysts is $67,450 in the US. However, the cost of supply chain analyst hiring can vary a lot depending on location. Additionally, hiring a supply chain analyst for contract work or on a per-project basis typically costs between $24 and $43 an hour.