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Supply chain analysts use their skills to aid businesses in streamlining processes and keeping the flow of materials running smoothly. In a world increasingly reliant on complex supply chains that span the globe, supply chain analysts capable of pairing data analysis with logistical knowledge are of the utmost importance. The skills they use daily to identify system issues and design effective solutions mean that supply chain analysts are well-compensated for their efforts.聽

So, how much can you expect to make as a supply chain analyst?

Explore the potential with a round-up of salary estimates from some top salary sources. Also, learn how different factors will impact your expected pay and explore some online courses that can help you get started on this exciting career path.聽

What is the average supply chain analyst salary?聽

The average supply chain analyst salary ranges from聽 拢32,500 to 拢38,863, according to December 2024 data from several reputable job sites. View the average according to each site to get a feel for your earning potential [, , , ].

However, various factors, including your expertise, geographical location, and skill set, can impact the exact pay you can expect.聽

Supply chain analyst salaries by experience聽

Generally, the more work experience you have, the more you will earn as a supply chain analyst. According to Glassdoor, an entry-level supply chain analyst earns an average of 拢34,469 []. Conversely, the average base salary of a senior supply chain analyst is 拢51,595 [闭.听听

Supply chain analyst salaries by location聽

Typically, the location in which you work has a significant impact on your potential salary. Common location-dependent factors influencing your potential salary include the local cost of living and the job market. To demonstrate how geographic location might impact salary, consider the average wages in some of the highest-paying cities in the UK for supply chain analysts, according to Indeed [闭:听

• London: 拢46,131

• Bristol: 拢43,014

• Wakefield: 拢39,442

• Warwick: 拢47,617

• Oxford: 拢33,260

• Birmingham: 拢32,773

• Milton Keanes: 拢36,911

What are some industries hiring supply chain analysts?聽

Supply chain analysts work in various industries. Some excellent options for those looking for an entry-level position include e-commerce, retail, automobile, and consumer packaged goods.

How do skills impact a supply chain analyst salary?

Skills alone won't dictate your salary. However, cultivating in-demand skills may help you qualify for above-average earnings. According to Payscale, some popular skills include the following []:

• Microsoft Excel

• Inventory management Data analysis

• Forecasting

• Supply chain

Job outlook for supply chain analysts聽

The job outlook for supply chain analysts is positive.

Jobs within the supply chain and logistics field will continue experiencing demand. The importance of delivering goods, materials, and services continues driving employment opportunities, with the supply chain contributing to manufacturing and providing every product you use.

Overall, the widespread expansion and adoption of e-commerce have created increasingly complex supply chains. As these commerce channels continue to grow in the coming years, so will the need for supply chain analysts capable of managing, analysing, and optimising them.

Similar jobs聽

You may pursue a similar position with a slightly different focus along your career path. Some roles related to supply chain analysts and their respective average salaries include procurement specialists and inventory analysts. Explore each in more detail.聽

Procurement specialist

Average annual base salary: 拢36,664 []

Requirements: Employers typically look for a bachelor鈥檚 in an area of study such as supply chain or business management at a minimum

As a procurement specialist, you would work on the purchasing end of the supply chain. Your primary tasks will revolve around sourcing goods at prices that help maximise your company鈥檚 profitability. In addition to a bachelor鈥檚 degree, you could pursue a higher national diploma or national vocational qualifications to enter the field.聽

Inventory analyst

Average annual base salary: 拢28,956 []

Requirements: GCSEs, possibly A levels, and apprenticeship

As an inventory analyst, you鈥檒l develop relationships with contacts and sources while working to ensure your company maintains its required inventory with goods at favourable prices. You may work as a team lead and collaborate frequently with logistics team members. You might also watch buying and supply trends and inform leadership accordingly.聽

Get started in supply chain and data analytics聽

Today, supply chain analysts pair knowledge of supply chain management with data analysis to provide efficient supply chain solutions. Prepare for a career in supply chain analysis with an online, flexible course on 糖心vlog官网观看 today.聽

For example, Rutgers University鈥檚 Supply Chain Analytics Specialisation teaches course takers the pain points of a supply chain, how analytics may relieve them, and how to design effective logistics strategies for large-scale distributed systems. Another option, Google鈥檚 Data Analytics Professional Certificate, teaches essential analytical skills like data cleaning, analysis, and visualisation.