Senior Supply Chain Analyst Salary
The average Senior Supply Chain Analyst in the United States can expect to rake in roughly $73K annually. Including potential bonuses and profit sharing proceeds (more than $10K for each in exceptional cases) overall income bottoms out near $58K and hits $102K on the high end. Career duration is the biggest factor affecting pay for this group, followed by geography. Men make up the majority of Senior Supply Chain Analysts (64 percent) survey respondents. Medical benefits are awarded to nearly all, and most earn dental coverage. Job satisfaction is high and work is enjoyable for most Senior Supply Chain Analysts. The data in this summary comes from the PayScale salary survey.
Job Description for Senior Supply Chain Analyst
A senior supply chain analyst is the person who is responsible for managing and coordinating the movement of products through the supply chain within their organization. This person will typically work within the manufacturing field, although the position can also be found within service providers and other supply companies. This is a position that is full-time and supervisory in nature. The hours may be dependent on the organization, though most persons in this field keep traditional weekday daytime hours. A senior supply chain analyst will typically need to attain a bachelor’s degree in a field such as business, engineering, supply chain, or a related field. Some positions may require a master’s degree in their field.Read More...
A senior supply chain analyst will have a variety of responsibilities related to their position, including understanding the supply chain within their organization, predicting and enhancing supply chain processes, identifying problems within their area, developing recommendations to support operations, gathering relevant data (regarding demand, costs, productivity, etc), interpreting and analyzing data, developing performance reports, investigating problems and developing solutions, monitoring contracts, monitoring logistics, providing analytical support, looking for new opportunities, monitoring proposals, coordinating delivery schedules, maintaining accurate databases, tracking product movement, and working toward increasing efficiency of their supply chain. The senior supply chain analyst will be responsible for a team of analysts. This position requires a person who is highly analytical with professional critical thinking skills. A senior supply chain analyst should be able to make decisions quickly and efficiently.
Senior Supply Chain Analyst Tasks
- Identify and develop process cost reduction initiatives.
- Analyze product demand and supply and established supply chain processes and procedures using internal data collection and analytical tools.
- Collaborate with cross functional teams such as sales & marketing, manufacturing & operations, finance, quality control, customer service, and/or demand/supply planning.
- Lead a team of supply chain analysts for a product portfolio.
- Work with cross functional teams to meet supply chain objectives such as inventory entitlement, inventory control and inventory market commitments.
Common Career Paths for Senior Supply Chain Analyst
Senior Supply Chain Analyst Job Listings
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Popular Skills for Senior Supply Chain Analyst
Senior Supply Chain Analysts report using a deep pool of skills on the job. Most notably, skills in Procurement, Project Management, SAP Enterprise Resource Planning, and Inventory Management are correlated to pay that is above average, with boosts between 5 percent and 12 percent. Skills that seem to negatively impact pay include Logistics, Purchasing, and Microsoft Access. For most people, competency in Data Analysis indicates knowledge of Supply Chain and SAP Enterprise Resource Planning (ERP).
Pay by Experience Level for Senior Supply Chain Analyst
Median of all compensation (including tips, bonus, and overtime) by years of experience.
Experience and pay tend to be weakly linked for Senior Supply Chain Analysts — those with more experience do not necessarily bring in higher earnings. Survey participants with less than five years' experience pocket $71K on average, but those with five to 10 years of experience enjoy a much bigger median of $80K. The average pay reported by folks with 10 to 20 years of experience is around $84K. Veterans who have worked for more than two decades do tend to make the most in the end; the median pay for this group is $92K.
Pay Difference by Location
Home to some of the best pay for Senior Supply Chain Analysts, San Diego offers exceptional salaries, 18 percent above the national average. Senior Supply Chain Analysts can also look forward to large paychecks in cities like Philadelphia (+10 percent), San Antonio (+9 percent), Minneapolis (+9 percent), and Chicago (+4 percent). The lowest-paying market is Houston, which sits 4 percent below the national average.