A supply chain analyst is a logistician who keeps a close eye on a supply chain in order to maximize its efficiency. Businesses with large supply chains must deal with a variety of suppliers and vendors, and they must also find places to store their goods. A supply chain analyst examines the complexities of a supply chain and looks for ways to make it run more efficiently.
Supply chain analysts:
Gather and organize data
Communicate with various parties, including drivers and logistics managers, to offer suggestions and implement solutions
Generate performance reports
Organize delivery schedules
Supply Chain Analyst Job Education Requirements
The education requirements for supply chain analysts often depend heavily on the specific employer and assigned duties. Some companies may accept candidates who hold only an associate's degree. However, advancing technology and evolving logistics methods mean more businesses require that their supply chain analysts hold at least a bachelor's degree. The degree may be in business, supply chain management, or a related field. Logisticians often need to have a certification from the American Society of Transportation and Logistics.
Supply Chain Analyst Job Market
The job outlook for supply chain analysts is robust. The Bureau of Labor Statistics (BLS) estimates that growth for this occupation will be much faster than average in the coming years. The reason behind this healthy job market is a growing global economy and its need for trained logistics experts.
Supply Chain Analyst Job Salary Information
A logistician who is a supply chain analyst may make around $70,000 per year. Of course, pay depends on a candidate's experience and education as well as on the specific employer. The top ten percent of earners in this occupation take in a median salary of more than $112,000 per year. The bottom ten percent of supply chain analysts makes less than $46,000 per year.