Hunter Campbell’s Mastering Supply Chain Series profiles roles within the Supply Chain job family, including jobs in demand, wages, and employment prospects.
In this article, the role of Supply Chain Analyst is in the spotlight.
Purpose of the Role
A Supply Chain Analyst focuses on optimisation but its scope and responsibilities can vary significantly depending on the company and its specific needs.
The work of a Supply Chain Analyst requires a broad, holistic view of the supply chain, often involving analysis across procurement, production, distribution and logistics. This may include identifying inefficiencies in sourcing products from suppliers, streamlining internal processes like manufacturing or ensuring that finished goods are delivered to customers in a timely and cost-effective manner.
The primary focus is on improving operational performance, reducing waste and identifying areas for cost savings or speed enhancements. In larger multinational companies, a Supply Chain Analyst may specialise in areas like transportation logistics or inventory management, using sophisticated software to optimise performance. In smaller organisations, the analyst may take on a broader range of tasks, such as evaluating vendor relationships, developing supplier strategies, or addressing day-to-day operational challenges.
In some organisations, the role may have a strategic focus, aligning the supply chain with broader business objectives, while in others, the focus could be more tactical, concentrating on short-term operational improvements.
Recruitment Forecast 2025
The demand for skilled Supply Chain Analysts is on the rise, with a growing emphasis on extracting and manipulating data to support informed decision-making. Proficiency in tools like Power BI is increasingly sought after, as it enables professionals to present insights in a more user-friendly and digestible format, enhancing stakeholder engagement. The ability to utilise data effectively and transform complex datasets into actionable insights for supply chain optimisation has never been more critical.
While these roles have traditionally been viewed as a “luxury” reserved for larger businesses, the increasing need for data-driven supply chain decisions is driving the creation of new roles across the sector. Over the past two years, many of these positions were put on hold and not replaced, but demand is now rebounding as businesses recognise the value of specialised analytics.
For junior supply chain professionals, these roles offer an excellent pathway to grow into other key supply chain functions. Interestingly, employers are now placing more emphasis on technical skills, such as Power BI proficiency, than on traditional supply chain experience. This shift underscores the growing importance of data expertise in shaping the future of supply chain management.
Career Prospects
There are three primary pathways to becoming a Supply Chain Analyst. The first is starting directly in a junior role or joining a business through a graduate program, such as a Master Data or Supply Chain Analyst position.
The second, and more common route, involves gaining experience in various supply chain roles—such as demand planning, production, or inventory management—before transitioning into a dedicated analyst role.
The third, increasingly popular pathway is transitioning from other business areas, such as Sales Analyst or Finance Analyst roles, where strong skills in data analysis and problem-solving are recognised and applied to supply chain functions.
As you gain experience and demonstrate your capabilities, opportunities for advancement include roles such as Senior Analyst, Supply Chain Manager, or leadership positions within supply chain management. Supply Chain Analysts who combine technical expertise with strong influencing skills and a deep understanding of supply chain operations and business dynamics are well -positioned for career growth. Additionally, those with a proven ability to deliver impactful solutions may explore paths in project management or Lean Manufacturing, further broadening their career prospects.
Qualifications
While formal qualifications are not always a prerequisite, most Supply Chain Analysts hold a tertiary qualification in areas such as Commerce, Mathematics, Supply Chain Management, or Statistics. The Certified in Production and Inventory Management (CPIM) course offered by NZPICS is also a valuable option for candidates without a tertiary background in supply chain management who wish to enhance their qualifications.
Key Skills Required
Being a Supply Chain Analyst involves considerable responsibility and oversight, necessitating a keen ability to track various moving parts. Analysts closely monitor delivery times, routes, warehouse utilisation, stock limitations, and even factors like weather patterns. They provide recommendations and adjustments to optimise resource use while ensuring efficient storage, movement, and delivery of goods. Central to this role is the ability to gather insights and communicate them effectively across the organisation, driving operational or procedural change. An effective data analyst not only conveys these insights but also uses their analysis to recommend alternative solutions.
Attention to detail and commercial acumen are essential to ensure smooth operations throughout the supply chain. A Supply Chain Analyst must consistently think creatively to resolve unexpected challenges and maintain the flow of the supply chain. Supply Chain Analysts typically operate in complex and/or fast-paced environment, which can be challenging yet rewarding for those who thrive in such settings. Their work can significantly impact organisational performance, making it a meaningful career.
Key Competencies:
- Data Analysis: Proficiency in analysing large datasets is essential, as Supply Chain Analysts must interpret data to drive decision-making.
- Presentation Skills: There is an increasing demand for analysts who can present their findings in an accessible manner, utilising tools like Power BI to create insightful dashboards.
- Problem Solving Skills: Strong critical thinking and problem-solving abilities are necessary to draw conclusions from multiple information sources and adapt quickly to changing needs.
- Communication Skills: Given that supply chain teams coordinate with various departments, effective communication skills are crucial for successful interactions, both internally and externally.
- Technical Proficiency: Analysts must be adept in widely used applications like Excel and familiar with ERP systems such as SAP or other relevant software. A solid understanding of supply chain fundamentals—such as production, sourcing, and distribution—is also essential.
Salary Guide:
The following salary ranges are anecdotal and based on roles that Hunter Campbell is currently recruiting or has previously recruited, reflecting base salaries and excluding any additional bonuses or benefits:
- Graduate Analyst: $65,000 – $75,000
- Master Data Analyst: $80,000 – $90,000
- Supply Chain Analyst: $80,000 – $100,000
- Senior Supply Chain Analyst: $100,000 – $150,000
If you would like to find out more about the role of Supply Chain Analyst, please contact Senior Consultant Kat Biggelaar. Kat specialises in Supply Chain, Planning and Contracting. For more news and views, visit our website by clicking here, see what opportunities we have available here or follow us on LinkedIn.