Supply Chain Analyst

A supply chain analyst is responsible for improving the performance of an operation by figuring out what is needed for a certain project and coordinating with other employees - such as engineers and quality assurance professionals - to implement and test their new supply chain methods. These supply chain analysts must be able to look at substantial amounts of data and problem-solve why problems within supply chains exist. Some sample projects a supply chain analyst could be tasked with are improving the management structure of a warehouse stocking program, restructuring how material goods make it to the corporation's warehouse, and helping expand on a company's relationships with suppliers and carriers. Supply chain analysts must also be able to translate business problems into a solution for information technology (IT) technicians and working with SQL analysis tools to find patterns and root causes to problems. The supply chain analyst typically works in an office setting during regular business hours; they may also do site visits to locations such as warehouses.

Most companies require that supply chain analysts have a bachelor's degree in business, IT development, or a related field; some years of experience analyzing business improvements, using troubleshooting skills, and using SQL are also important. A supply chain analyst must also be independent and able to thrive in a fast-paced environment.

As a Supply Chain Analyst with 3-6 years of experience in Singapore, your main responsibilities include:

• Analyzing and optimizing supply chain operations to ensure efficient and cost-effective processes. Conduct data-driven analysis to identify areas for improvement and implement optimization strategies for supply chain operations.
• Managing inventory levels and forecasting demand to minimize stockouts and excess inventory. Utilize statistical models and demand forecasting techniques to optimize inventory levels and ensure timely availability of products.
• Collaborating with cross-functional teams to improve visibility and coordination across the supply chain. Work with teams such as procurement, production, and logistics to enhance communication and streamline processes for better supply chain performance.
• Monitoring and evaluating supplier performance to ensure compliance with quality, cost, and delivery standards.

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.

The role of a Supply Chain Analyst is crucial for maintaining efficient operations and optimizing logistics in Singapore. With 3-6 years of experience in the field, professionals have several alternative career paths to explore. Here are following alternative roles to consider:

• Demand Planner: Responsible for forecasting and managing product demand, collaborating with sales and operations teams to optimize inventory levels.
• Logistics Coordinator: Focuses on coordinating the movement of goods, managing transportation, and ensuring timely delivery while minimizing costs.
• Inventory Manager: Manages stock levels, monitors inventory accuracy, and implements strategies to optimize inventory turnover and reduce carrying costs.
• Operations Manager: A role overseeing overall supply chain operations, including procurement, production planning, logistics, and distribution, to ensure seamless execution and customer satisfaction.

The role of Supply Chain Analyst is projected to witness significant growth in Singapore's market. A 10-year analysis suggests a steady upward trend in demand for professionals in this field. With the increasing focus on supply chain optimization and efficiency, the number of employment opportunities is expected to rise in the future. Google data points indicate a favorable job outlook, driven by factors such as globalization, technological advancements, and the need for cost savings. Companies across industries are recognizing the importance of supply chain analytics, creating a positive landscape for those interested in pursuing this role.