Description

Supply chain analysts are accountable for improving the efficiency of an organization by finding out what's needed to complete a particular project, and working with other employees like quality assurance specialists and engineers to test and implement their new supply chain strategies. Supply chain analysts need to be able to analyze massive amounts of data and figure out the reasons why issues within supply chains are present. A few examples of projects that an analyst in supply chain could be assigned include improving the structure of management for the warehouse stocking program and reorganizing the way that material goods arrive at the company's warehouse, and assisting in expanding the company's relationship with carriers and suppliers. Supply chain analysts should also be capable of translating business issues into solutions for IT (IT) technicians, and work using SQL analyzers to identify patterns and the root of issues. The supply chain analyst usually is in a office during business hours. they might also make site visits to places like warehouses.

The majority of firms need supply chain analysts hold an undergraduate degree in IT, business development, or another related field. A few years of experience in analyzing the business's performance and utilizing troubleshooting abilities and using SQL are equally important. Supply chain analysts should also be self-sufficient and be able to work in a frantic environment.

Roles & Responsibilities

As a Supply Chain Analyst with 9+ years of experience in the United Kingdom, your main responsibilities include:

  • Analyzing supply chain data to identify trends, patterns, and opportunities for optimization, improving efficiency, and reducing costs. Conducting in-depth data analysis to identify supply chain inefficiencies and areas for improvement.
  • Developing and implementing strategic plans to optimize supply chain processes, including demand forecasting, inventory management, and logistics. Creating and executing strategies to streamline supply chain operations and enhance overall performance.
  • Collaborating with cross-functional teams, including procurement, operations, and logistics, to ensure seamless coordination and alignment throughout the supply chain. Working closely with various departments to foster collaboration and ensure smooth integration across the supply chain.
  • Monitoring and evaluating supplier performance, conducting supplier risk assessments, and implementing strategies to mitigate risks and ensure continuity of supply.

Qualifications & Work Experience

For a Supply Chain Analyst job role, the following qualifications are required:

  • Strong analytical skills to evaluate and optimize supply chain processes, identify areas for improvement, and make data-driven recommendations.
  • Proficient knowledge of supply chain management principles, including inventory management, demand forecasting, and logistics coordination.
  • Advanced proficiency in using supply chain software and tools to analyze data, generate reports, and support decision-making.
  • Excellent communication and collaboration skills to work effectively with cross-functional teams, external stakeholders, and suppliers, ensuring smooth coordination and execution of supply chain operations.

Essential Skills For Supply Chain Analyst

1

Forecasting

2

Supply Chain Management Software

3

Inventory Management

4

SAP ERP

5

Data Analysis

Career Prospects

For a Supply Chain Analyst with 9+ years of experience in the United Kingdom, there are several alternative roles to consider. Here are following options to explore:

  • Operations Manager: A role that involves overseeing the day-to-day operations of the supply chain, optimizing processes, and ensuring efficiency and cost-effectiveness.
  • Inventory Manager: A position focused on managing inventory levels, forecasting demand, and implementing inventory control strategies to minimize costs and maximize product availability.
  • Logistics Coordinator: A role that entails coordinating the transportation and distribution of goods, ensuring timely delivery, and managing third-party logistics providers.
  • Demand Planner: A position focused on analyzing market trends, forecasting customer demand, and collaborating with cross-functional teams to develop effective demand planning strategies.

How to Learn

The supply chain analyst role has experienced significant growth in the UK market in recent years. With the increasing complexity of supply chains and the need for data-driven decision making, demand for supply chain analysts is projected to continue to rise. Over the past 10 years, the job role has seen a steady increase in employment opportunities, driven by the increased adoption of advanced analytics and automation technologies in supply chain management. The future looks promising, with an expected surge in employment opportunities as businesses recognize the importance of optimizing their supply chain operations.