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If you’re thinking about going into a supply chain analyst job in the US, you might be curious about the supply chain analyst’s salary and what the work entails.
Hundreds of millions of products need to leave somewhere and arrive at their next destination every day. The faster and more efficient this can happen, the more affordable and eco-friendly it is for everyone.
Therefore, Supply chain analysts are vital in making a supply chain run as smoothly and efficiently as possible. They assess a company’s logistic processes and gather data to optimize the supply chain. They continue to monitor and improve the supply chain and create reports for supervisors, managers, and stakeholders
The supply chain analyst is one of the highest-paid professions, so becoming a supply chain analyst can be a rewarding career.
Are you interested in a career as a supply chain analyst? Here’s what you need to know to get into the field as well as what you can expect in terms of salary and advancement
Therefore, continue reading to learn more about this field and how much money you can expect to make as a supply chain analyst working in the US.
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What Does It Mean To Be A Supply Chain Analyst?
A supply chain analyst’s job description includes analyzing data and methods to predict and improve a company’s delivery of products and services to its customers.
Hence, an organization’s supply chain needs to run smoothly and efficiently to ensure a profit, making the supply chain analyst an essential role.
For a business to be at the top of its industry, they need a specialist who understands the supply chain and knows how to interpret and leverage data for peak performance. This makes the position of supply chain analyst a great career choice in high demand
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What is the Role of A Supply Chain Analyst?
Specific supply chain analyst duties vary depending on the company, but here’s a list of the general supply chain analyst roles and responsibilities:
Also, monitor and collect data on current operations, including scheduling, sourcing, warehousing, production, and delivery
Communicate with other departments within the organization to identify efficiency issues, develop solutions, and implement changes.
Negotiate with vendors and carriers to secure the best pricing and ensure contract compliance
Analyze data to determine areas for performance improvement
Investigate pain points within the process and develop solutions to resolve conflicts and inefficiencies.
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What is the Average Supply Chain Analyst Salary
The average salary for a supply chain analyst in the United States is around $68,508 per year.
| Percentile | Annual Salary | Monthly Salary | Hourly Rate |
|---|---|---|---|
| 90th Percentile | $91,000 | $7,583 | $44 |
| 75th Percentile | $78,000 | $6,500 | $38 |
| Average | $65,639 | $5,470 | $32 |
| 25th Percentile | $55,000 | $4,583 | $26 |
| 10th Percentile | $47,000 | $3,917 | $23 |
How Much Does a Supply Chain Analyst Make in the U.S
How Much Does A Supply Chain Analyst Make A Year?
The national average salary for a Supply Chain Analyst is $68,508 per year in the United States. Filter by location to see a Supply Chain Analyst’s salaries in your area.
Salaries estimates are based on 3274 salaries submitted anonymously to Glassdoor by a Supply Chain Analyst employee.
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How Much Do Supply Chain Analysts Make a Month
The average monthly compensation for a supply chain analyst in the United States is $55709 per month as of May 16, 2022.
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How Much Do Supply Chain Analyst Jobs Pay per Hour?
The average supply chain analyst salary in the USA is $33.33 per hour.
This salary is dependent on several factors, such as education, location, experience, and additional skills.
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Supply Chain Analyst Salary by state
| State Name | Average Salary |
|---|---|
| Kansas | $99,570 |
| Maine | $98,750 |
| Oregon | $98,520 |
| Kentucky | $98,360 |
| Wyoming | $98,280 |
| Georgia | $98,130 |
| Nebraska | $98,120 |
| South Dakota | $97,680 |
| Alabama | $95,200 |
| Utah | $94,940 |
| Virgin Islands, U.S. | $94,690 |
| Wisconsin | $94,690 |
| Oklahoma | $91,070 |
| Louisiana | $80,720 |
| Guam | $79,840 |
| Montana | $79,840 |
| Nevada | $79,220 |
| Arkansas | $77,940 |
| Mississippi | $77,230 |
| Tennessee | $75,090 |
| Idaho | $73,230 |
| Indiana | $62,620 |
| Puerto Rico | $62,320 |
| New Jersey | $159,890 |
| Delaware | $151,720 |
| California | $151,370 |
| District of Columbia | $150,890 |
| Colorado | $147,840 |
| Massachusetts | $139,650 |
| Virginia | $138,730 |
| New York | $131,710 |
| Maryland | $131,440 |
| Rhode Island | $131,130 |
| Washington | $128,930 |
| Texas | $127,240 |
| Pennsylvania | $127,160 |
| Connecticut | $127,150 |
| New Hampshire | $126,830 |
| West Virginia | $124,430 |
| Minnesota | $122,070 |
| Illinois | $120,920 |
| North Carolina | $120,240 |
| Arizona | $111,740 |
| North Dakota | $110,550 |
| Hawaii | $107,660 |
| Vermont | $105,270 |
| Alaska | $103,040 |
| Iowa | $103,030 |
| Missouri | $103,030 |
| Ohio | $102,780 |
| South Carolina | $102,180 |
| New Mexico | $101,880 |
| Michigan | $101,130 |
| Florida | $100,190 |
Chicago
The average salary for a supply chain analyst in Chicago is $100,061 per year in Chicago, IL.
Supply chain analyst salaries in Chicago can vary between $86,000 to $111,000 and depend on various factors, including skills, experience, employer, bonuses, tips, and more
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California
The average salary for a supply chain analyst in California is $66,000 per year.
Supply chain analyst salaries in California can vary between $27,000 to $131,000 and depend on various factors, including skills, experience, employer, bonuses, tips, and more
NYC
The average salary for a supply chain analyst is $80,080 per year in New York, NY.
Supply chain analyst salaries in New York City can vary between $37,000 to $100,000 and depend on various factors, including skills, experience, employer, bonuses, tips, and more
Michigan
The average pay for a supply chain analyst is $67,190 per year in Michigan.
Supply chain analyst salaries in Michigan can vary between $47,000 to $76,190 and depend on various factors, including skills, experience, employer, bonuses, tips, and more
Ohio
The average pay for a supply chain analyst is $64,341 per year in Ohio.
Supply chain analyst salaries in Ohio can vary between $24,000 to $64,341 and depend on various factors, including skills, experience, employer, bonuses, tips, and more
Massachusetts
The average salary for a supply chain analyst is $74,166 per year in Massachusetts.
Supply chain analyst salaries in Massachusetts can vary between $28,000 to $74,166 and depend on various factors, including skills, experience, employer, bonuses, tips, and more
Dallas
The average salary for a supply chain analyst is $71,984 per year in Dallas, TX.
Supply chain analyst salaries in Dallas can vary between $33,000 to $81,203 and depend on various factors, including skills, experience, employer, bonuses, tips, and more
Salary for Supply Chain Analyst in the US Based on Level
Entry-level
The national average salary for an Entry Level Supply Chain Analyst is $71,941 per year in the United States.
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Senior-level
The national average salary for a Senior Supply Chain Analyst is $87,926 per year in the United States.
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Salary for Supply Chain Analyst in the US Based on Industry
Highest Paying Industries For Supply Chain Analysts
| Rank | Industry | Average Supply Chain Analyst Salary | Supply Chain Analyst Salary Range |
|---|---|---|---|
| 1 | Finance | $74,349 | $56k$87k |
| 2 | Manufacturing | $72,111 | $56k$87k |
| 3 | Retail | $71,314 | $56k$87k |
| 4 | Hospitality | $70,538 | $56k$87k |
| 5 | Technology | $69,541 | $56k$87k |
| 6 | Health Care | $67,641 | $56k$87k |
| 7 | Transportation | $67,312 | $56k$87k |
Amazon
The typical Amazon Supply Chain Analyst’s salary is $70,000. Supply Chain Analyst salaries at Amazon can range from $61,805 – $98,524.
This estimate is based upon 11 Amazon Supply Chain Analyst salary report(s) provided by employees or estimated based upon statistical methods.
When factoring in bonuses and additional compensation, a Supply Chain Analyst at Amazon can expect to make an average total pay of $70,000
Deloitte
The average Deloitte Supply Chain Specialist’s yearly pay in the United States is approximately $161,023, which is 92% above the national average.
Salary information comes from 15 data points collected directly from employees, users, and past and present job advertisements on Indeed in the past 36 months.
Global
The average global Supply Chain Specialist’s yearly pay in the United States is approximately $63,932, which is 92% above the national average.
Salary information comes from 15 data points collected directly from employees, users, and past and present job advertisements on Indeed in the past 36 months.
DHL
The average DHL Supply Chain Specialist’s yearly pay in the United States is approximately $68,508 per year in the United States, which is 8% lower than the average DHL of $74,772 per year for this job
Are there other Benefits of Being a Supply Chain Analyst aside from the Salary?
These are some of the most noteworthy benefits of being a Tech Consultant aside from the salary.
- 401(k)
- 401(k) matching
- Dental insurance
- Disability insurance
- Health insurance
- Life insurance
- Paid time off
- Tuition reimbursement
- Vision insurance.
Factors Affecting the Salary of Supply Chain Analyst.
Salary ranges can vary widely depending on many important factors, including
- Education
- Certification
- Additional Skills
- Number of years spent in the profession
Education
Education plays a central role in modern labor markets. Hundreds of studies in many different countries and time periods have confirmed that better-educated individuals earn higher wages, experience less unemployment, and work in more prestigious occupations than their less-educated counterparts
Certification
Certifications are designated credentials earned by an individual to verify their legitimacy and competence to perform a job.
Your certification is typically displayed as a document stating that as a professional, you’ve been trained, educated, and prepared to meet a specific set of criteria for your role.
You earn more salary as a certified supply chain analyst.
Additional Skills
Skills matter for wages at the individual level: skilled workers have, on average, higher wages than unskilled workers.
Number of years spent in the profession
In short, the less you spend in relation to your income, then the less income you need, and the fewer hours, days, weeks, months, and years.
What are the Job Prospects of a Supply Chain Analyst?
This global epidemic has sped up innovation and forced businesses to digitize in order to meet shifting consumer/user demands.
In the future years, supply chain analysts will play a key part in achieving $4.2 trillion in worldwide technology spending.
A certain temperament is required for a supply chain analyst. You must be ambitious, customer-oriented, and adaptable.
Consultants can look at technology issues from both a business and a technical standpoint. They understand how to solve problems while working with others.
Conclusion
The demand for a Senior Analyst is growing at a rapid pace, in tandem with the growing number of Organizations.
As a result, Supply Chain Analysts are among the highest-paid professions in both the United States and the rest of the world.
There are many job opportunities available throughout the country, and you can receive a good salary as a supply chain analyst in 2022. Please do give us feedback in the comment section for your questions. Cheers.
Frequently Asked Questions On supply chain analyst salary
Is supply chain a good career?
The supply chain field is a good career choice, according to nearly all respondents (99%) in a new survey. The report, released Tuesday during the Council of Supply Chain Management Professionals (CSCMP) annual conference, collected responses from hundreds of supply chain professionals aged 30 and younger
Is working in supply chain fun?
It’s such a collaborative field and you meet so many incredible people along the way. The most interesting part is by far the people you meet. It’s a fast-paced, critical-thinking, deadline-driven industry that can be fun and stressful. That’s part of the draw of working in supply chain.
Is supply chain analyst a hard job?
Yes, being a supply chain analyst is a hard job.
Why do you want to be a supply chain analyst?
What is a supply chain analyst? A supply chain analyst’s job description includes analyzing data and methods to predict and improve a company’s delivery of products and services to its customers.
FAQs
What's a supply chain analyst?
What is a supply chain analyst? A supply chain analyst’s job description includes analyzing data and methods to predict and improve a company’s delivery of products and services to its customers.
Why do you want to be a supply chain analyst?
For a business to be at the top of its industry, they need a specialist who understands the supply chain, and knows how to interpret and leverage data for peak performance. This makes the position of supply chain analyst a great career choice in high demand.
Is supply chain analyst a hard job?
Yes, being a supply chain analyst is a hard job.
Is working in supply chain fun?
It’s such a collaborative field and you meet so many incredible people along the way. The most interesting part is by far the people you meet. It’s a fast-paced, critical-thinking, deadline-driven industry that can be fun and stressful. That’s part of the draw of working in supply chain.
Is supply chain a good career?
The supply chain field is a good career choice, according to nearly all respondents (99%) in a new survey. The report, released Tuesday during the Council of Supply Chain Management Professionals (CSCMP) annual conference, collected responses from hundreds of supply chain professionals aged 30 and younger
References
- www.payscale.com– Average Supply Chain Analyst Salary
- www.indeed.com– Supply Chain Analyst salary in the United States
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