Description

Operations research analysts are responsible for completing and analyzing operations research for their employer. They look at operations-related trends and analyze that information to form an opinion on their organization's operation processes. They must subsequently share crucial information with all relevant parties. Operations research analysts must have superior analytical abilities to interpret operations data in innovative ways, and one of their main tools includes a personal computer to perform analysis and research tasks.Additionally, operations research analysts write detailed reports about operations deficiencies and point out solutions to modify existing processes.Operations research analysts must look for opportunities to reduce costs while not inhibiting the efficiency and efficacy of operations. They create models and complete statistical quantitative analysis, and they need to have an advanced understanding of relevant methodologies, data processing, and data validation. Additionally, operations research analysts handle process evaluation, analyze large data sets, and participate in business meetings related to future optimization initiatives.At least a bachelor's degree in a related field and previous experience is generally required for this position. Industry certifications may be beneficial. Operations research analysts must possess excellent critical thinking skills to develop operations solutions and be proficient with basic computer software. They also must perform well in a team setting, as well as on their own with minimal supervision.

Roles & Responsibilities

As a Research Analyst, Operations with 0-3 years of experience in Canada, your main responsibilities include:

  • Conduct market research and competitive analysis to support business decision-making. Gather and analyze data on industry trends, customer behavior, and market opportunities.
  • Assist in the development and implementation of research methodologies and data collection strategies. Collaborate with team members to design surveys, interviews, and data gathering techniques.
  • Generate reports and present findings to stakeholders, highlighting key insights and recommendations. Prepare clear and concise reports summarizing research findings and their implications.
  • Support the coordination and execution of research projects, ensuring timely completion and accuracy.

Qualifications & Work Experience

For a Research Analyst, Operations, the following qualifications are required:

  • Strong analytical skills to collect, organize, and analyze complex data sets, enabling effective decision-making and strategic planning.
  • Proficiency in research methodologies and data visualization tools to conduct comprehensive market research and present findings in a clear and concise manner.
  • Excellent problem-solving abilities to identify patterns and trends, develop hypotheses, and generate actionable insights to drive business growth.
  • Strong communication and interpersonal skills to collaborate with cross-functional teams, stakeholders, and clients, ensuring effective communication of research findings and recommendations.

Essential Skills For Research Analyst, Operations

1

Forecasting

2

Financial Analysis

3

Operations Management

4

Data Analysis

Skills That Affect Research Analyst, Operations Salaries

Different skills can affect your salary. Below are the most popular skills and their effect on salary.

Data Analysis

12%

SQL

7%

Career Prospects

The role of a Research Analyst in Operations is crucial for ensuring effective research and data analysis. With 0-3 years of work experience in Canada, there are several alternative roles to explore. Here are four options to consider:

  • Business Intelligence Analyst: A role that involves gathering and analyzing data to provide insights and support decision-making within an organization.
  • Data Scientist: A position focused on utilizing advanced analytics and machine learning techniques to derive meaningful information from data.
  • Market Research Associate: A role that involves conducting research and analyzing market trends, customer behavior, and competitor strategies to support business strategies.
  • Operations Coordinator: A position focused on coordinating and optimizing operational processes, ensuring efficiency and effectiveness in day-to-day operations.

How to Learn

The job role of Research Analyst, Operations in Canada is projected to experience steady growth in the market. According to a 10-year analysis, the demand for this position is expected to increase significantly, with a positive outlook for job opportunities. With Google's latest data points, it is evident that the research analyst field is expanding rapidly due to the increasing need for data-driven decision-making in various industries. This growth trend suggests a promising future for individuals pursuing a career as a Research Analyst, Operations in Canada, with ample employment opportunities expected to be available in the coming years.