Supply Chain Analyst

Last Updated:
November 10, 2023

Job Description Overview

A Supply Chain Analyst job description in the transportation industry involves extensive analysis and optimization of the supply chain network. This role is crucial in driving the efficiency and profitability of an organization, by implementing and monitoring various supply chain strategies. The Supply Chain Analyst is responsible for collaborating with various departments, such as procurement, production, and logistics, to ensure that the entire process is seamless from start to finish. They will also provide recommendations for improving the supply chain performance, such as optimizing inventory levels, reducing lead times, and identifying cost-saving measures. Excellent communication skills are vital in this role, as the analyst will be required to present complex data in an accessible manner to stakeholders. Effective problem-solving skills are also essential since they will need to identify and resolve any issues that arise during the supply chain process. A bachelor's degree in supply chain management or a related field is typically required for this position.

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Job Duties and Responsibilities

  • Analyze and optimize transportation routes to reduce costs and improve efficiency
  • Track and monitor transportation performance metrics such as on-time delivery and transit time
  • Work closely with carriers and vendors to ensure smooth delivery of goods
  • Collaborate with other departments such as purchasing and warehousing to ensure supply chain continuity
  • Maintain records and databases related to transportation activities and costs to inform future decision making
  • Develop strategies for managing transportation capacity and contingency planning
  • Conduct research and analysis to identify trends and opportunities for process improvements in transportation logistics
  • Monitor and respond to customer inquiries related to transportation issues and delivery schedules
  • Manage relationships with transportation service providers to negotiate rates and ensure contractual compliance
  • Provide regular reports and updates to management on transportation performance and cost savings initiatives.

Experience and Education Requirements

To be a Supply Chain Analyst in the Transportation industry, you'll need some education and experience. Typically, a bachelor's degree in Business Administration or Supply Chain Management is required. Some employers may prefer a degree in Logistics or a related field. It's also beneficial to have experience in the Transportation industry, either through internships, co-op programs or entry-level positions. Good analytical and communication skills are also important for this role. As a Supply Chain Analyst, your job would involve analyzing data, identifying trends, and improving transportation efficiency. You may also be responsible for inventory management, negotiating with vendors, and coordinating shipments. Overall, a combination of education and experience can help you land a Supply Chain Analyst job in the Transportation industry.

Salary Range

According to recent data, the expected salary range for a Supply Chain Analyst in the Transportation industry in the United States is around $50,000 to $85,000 per year. This range can depend on factors such as experience, location, and company size. In other countries such as Canada and the UK, Supply Chain Analysts can expect to earn similar salaries, averaging around $55,000 to $75,000 and £30,000 to £45,000, respectively.

It's important to note that salaries can vary greatly depending on the specific job duties and responsibilities of the Supply Chain Analyst, as well as the industry they work in. Factors such as the size of the company, the location of the position, and the particular role within the supply chain can also play a significant role in determining a specific salary.

Sources:

  • Glassdoor: Supply Chain Analyst Salaries
  • Indeed: Supply Chain Analyst Salaries
  • Payscale: Supply Chain Analyst Salary

Career Outlook

As the transportation industry grows, it is important to have a well-managed supply chain. That is why the demand for Supply Chain Analysts is projected to grow in the next 5 years. According to the Bureau of Labor Statistics, the job outlook for Operations Research Analysts (which includes Supply Chain Analysts), is projected to grow 25% from 2019 to 2029, much faster than the average for all occupations. 

An article from Industry Week says that “As supply chains continue to expand, the role of the SCA will become more important." As companies grow and become more complex, they will need skilled professionals to help manage their supply chains efficiently. Supply Chain Analysts are crucial for making sure that goods are delivered on time, at the lowest cost possible, while maintaining quality. 

Overall, the career outlook for Supply Chain Analysts in the Transportation industry is positive, with significant growth expected over the next 5 years.

Frequently Asked Questions (FAQ)

Q: What does a Supply Chain Analyst do in the Transportation industry?

A: A Supply Chain Analyst tracks the flow of goods and services from suppliers to customers for a transportation company. They ensure the timely, efficient transport of commodities or finished products.

Q: What are the essential skills required to be a Supply Chain Analyst?

A: To be a Supply Chain Analyst, one should have strong analytical skills, attention to detail, communication and collaboration skills, and knowledge of transportation modes and regulations.

Q: What are the primary responsibilities of a Supply Chain Analyst?

A: A Supply Chain Analyst's primary responsibilities include monitoring and analyzing inventory levels, establishing efficient supply chain systems, optimizing logistics costs, identifying potential supply chain roadblocks, and conducting data analysis for decision-making.

Q: What types of companies typically employ Supply Chain Analysts in the Transportation industry?

A: Companies that require transportation of goods/services usually employ Supply Chain Analysts. These include shipping and logistics companies, trucking companies, retailers, and manufacturers.

Q: What degree or qualifications are required to become a Supply Chain Analyst in the Transportation industry?

A: A bachelor's degree in supply chain management, logistics, or a related field is usually required. Additionally, one may need relevant work experience in the transportation industry, and proficiency in supply chain management software and tools.


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