Supply Chain Analyst Salary
Job Description for Supply Chain Analyst
A supply chain analyst is responsible for improving the performance of an operation by figuring out what is needed for a certain project and coordinating with other employees - such as engineers and quality assurance professionals - to implement and test their new supply chain methods. These supply chain analysts must be able to look at substantial amounts of data and problem-solve why problems within supply chains exist. Some sample projects a supply chain analyst could be tasked with are improving the management structure of a warehouse stocking program, restructuring how material goods make it to the corporation's warehouse, and helping expand on a company's relationships with suppliers and carriers. Supply chain analysts must also be able to translate business problems into a solution for information technology (IT) technicians and working with SQL analysis tools to find patterns and root causes to problems. The supply chain analyst typically works in an office setting during regular business hours; they may also do site visits to locations such as warehouses.Read More...
Most companies require that supply chain analysts have a bachelor's degree in business, IT development, or a related field; some years of experience analyzing business improvements, using troubleshooting skills, and using SQL are also important. A supply chain analyst must also be independent and able to thrive in a fast-paced environment.
Supply Chain Analyst Tasks
- Perform analyses with this data using analytical models and mathematical analysis.
- Use analysis results to improve supply chain processes, performance and to reduce costs.
- Obtain, analyze and interpret supply chain relevant data.
Common Career Paths for Supply Chain Analyst
Though some Supply Chain Analysts move into positions like Director of Supply Chain Management (where the average salary is $121K), this progression is not the norm. A common career progression for a Supply Chain Analyst is to become a Supply Chain Manager or a Senior Supply Chain Analyst. Compared to Supply Chain Analysts, the first group earns $24K more on average, and the second group earns $19K more.
Supply Chain Analyst Job Listings
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Popular Employer Salaries for Supply Chain Analyst
Leading companies who hire large numbers of Supply Chain Analysts include The Boeing Company, 3M Company, Northrop Grumman Corporation, Dell, Inc., and Casestack, Inc. Those at PepsiCo Inc can expect to make the most, with the company offering a median salary of $70K. Other employers shelling out big bucks include Johnson Controls Inc, Intel Corporation, and 3M Company, where Supply Chain Analysts typically earn around $66K, $64K, or $63K, respectively.
Casestack, Inc., Northrop Grumman Corporation, and SCA Technologies also rank near the bottom for pay, handing out $47K, $55K, and $55K-paychecks on average.
Popular Skills for Supply Chain Analyst
Supply Chain Analysts seem to wield many skills on the job. Most notably, skills in Project Management, SAP Enterprise Resource Planning, Supply Chain, and SAP Materials Management (SAP MM) are correlated to pay that is above average. Skills that seem to negatively impact pay include Purchasing. Those familiar with Data Analysis also tend to know Supply Chain and Inventory Management.
Pay by Experience Level for Supply Chain Analyst
Median of all compensation (including tips, bonus, and overtime) by years of experience.
For many Supply Chain Analysts, extensive experience does not lead to significantly more money. Folks with fewer than five years of experience take home $56K on average, and those who have worked for five to 10 years see a bigger median salary of $64K. Supply Chain Analysts who work for 10 to 20 years in their occupation tend to earn about $68K. Survey participants who have spent more than 20 years on the job report a predictably higher median income of $78K, demonstrating that compensation is roughly commensurate with experience in the end.
Pay Difference by Location
For Supply Chain Analysts, busy San Francisco offers a higher-than-average pay rate, 18 percent above the national average. Supply Chain Analysts can also look forward to large paychecks in cities like Seattle (+15 percent), Houston (+10 percent), Boston (+4 percent), and Baltimore (+2 percent). The smallest paychecks in the market, 8 percent south of the national average, can be found in St. Paul. Workers in New York and Nashville earn salaries that trail the national average for those in this profession (6 percent less and 5 percent less, respectively).