Supply chain analysts use data analytics techniques and tools to ensure supply chains operate efficiently. Learn how much you can expect to make in this vital role.
Supply chain analysts use their skills to aid businesses in streamlining processes and keeping the flow of materials running smoothly. In a world increasingly reliant on complex supply chains that span the globe, supply chain analysts capable of pairing data analysis with logistical knowledge are of the utmost importance. The skills they use daily to identify system issues and design effective solutions mean that supply chain analysts are well-compensated for their efforts.
Explore the potential with a round-up of salary estimates from some top salary sources. Also, learn how different factors will impact your expected pay and explore some online courses that can help you get started on this exciting career path.
The average supply chain analyst salary ranges from £32,500 to £38,863, according to December 2024 data from several reputable job sites. View the average according to each site to get a feel for your earning potential [1, 2, 3, 4].
Glassdoor | Indeed | Talent | Reed |
---|---|---|---|
£33,343 | £34,782 | £32,500 | £38,863 |
However, various factors, including your expertise, geographical location, and skill set, can impact the exact pay you can expect.
Generally, the more work experience you have, the more you will earn as a supply chain analyst. According to Glassdoor, an entry-level supply chain analyst earns an average of £34,469 [5]. Conversely, the average base salary of a senior supply chain analyst is £51,595 [6].
Typically, the location in which you work has a significant impact on your potential salary. Common location-dependent factors influencing your potential salary include the local cost of living and the job market. To demonstrate how geographic location might impact salary, consider the average wages in some of the highest-paying cities in the UK for supply chain analysts, according to Indeed [2]:
London: £46,131
Bristol: £43,014
Wakefield: £39,442
Warwick: £47,617
Oxford: £33,260
Birmingham: £32,773
Milton Keanes: £36,911
Supply chain analysts work in various industries. Some excellent options for those looking for an entry-level position include e-commerce, retail, automobile, and consumer packaged goods.
Skills alone won't dictate your salary. However, cultivating in-demand skills may help you qualify for above-average earnings. According to Payscale, some popular skills include the following [7]:
Microsoft Excel
Inventory management Data analysis
Forecasting
Supply chain
The job outlook for supply chain analysts is positive.
Jobs within the supply chain and logistics field will continue experiencing demand. The importance of delivering goods, materials, and services continues driving employment opportunities, with the supply chain contributing to manufacturing and providing every product you use.
Overall, the widespread expansion and adoption of e-commerce have created increasingly complex supply chains. As these commerce channels continue to grow in the coming years, so will the need for supply chain analysts capable of managing, analysing, and optimising them.
You may pursue a similar position with a slightly different focus along your career path. Some roles related to supply chain analysts and their respective average salaries include procurement specialists and inventory analysts. Explore each in more detail.
Average annual base salary: £36,664 [8]
Requirements: Employers typically look for a bachelor’s in an area of study such as supply chain or business management at a minimum
As a procurement specialist, you would work on the purchasing end of the supply chain. Your primary tasks will revolve around sourcing goods at prices that help maximise your company’s profitability. In addition to a bachelor’s degree, you could pursue a higher national diploma or national vocational qualifications to enter the field.
Average annual base salary: £28,956 [9]
Requirements: GCSEs, possibly A levels, and apprenticeship
As an inventory analyst, you’ll develop relationships with contacts and sources while working to ensure your company maintains its required inventory with goods at favourable prices. You may work as a team lead and collaborate frequently with logistics team members. You might also watch buying and supply trends and inform leadership accordingly.
Today, supply chain analysts pair knowledge of supply chain management with data analysis to provide efficient supply chain solutions. Prepare for a career in supply chain analysis with an online, flexible course on Coursera today.
For example, Rutgers University’s Supply Chain Analytics Specialisation teaches course takers the pain points of a supply chain, how analytics may relieve them, and how to design effective logistics strategies for large-scale distributed systems. Another option, Google’s Data Analytics Professional Certificate, teaches essential analytical skills like data cleaning, analysis, and visualisation.
Glassdoor UK. “Supply Chain Analyst Salary in United Kingdom, https://www.glassdoor.co.uk/Salaries/supply-chain-analyst-salary-SRCH_KO0,20.htm.” Accessed 3 December 2024.
Indeed UK. “Supply Chain Analyst Salary in United Kingdom, https://uk.indeed.com/career/supply-chain-analyst/salaries.” Accessed 3 December 2024.
Talent. “Supply Chain Analyst average salary in United Kingdom, 2024, https://uk.talent.com/salary?job=supply+chain+analyst.” Accessed 3 December 2024.
Reed. “Average Supply Analyst Salary in the UK, https://www.reed.co.uk/average-salary/average-supply-analyst-salary.” Accessed 3 December 2024.
Glassdoor UK. “Entry Level Supply Chain Analyst Salary in United Kingdom, https://www.glassdoor.co.uk/Salaries/entry-level-supply-chain-analyst-salary-SRCH_KO0,32.htm.” Accessed 3 December 2024.
Glassdoor UK. “Senior Supply Chain Analyst Salary in United Kingdom, https://www.glassdoor.co.uk/Salaries/senior-supply-chain-analyst-salary-SRCH_KO0,27.htm.” Accessed 3 December 2024.
Payscale. “Average Supply Chain Analyst Salary in United Kingdom, https://www.payscale.com/research/UK/Job=Supply_Chain_Analyst/Salary.” Accessed 3 December 2024.
Glassdoor UK. “Procurement Specialist Salaries in United Kingdom, https://www.glassdoor.co.uk/Salaries/procurement-specialist-salary-SRCH_KO0,22.htm.” Accessed 3 December 2024.
Glassdoor UK. “Inventory Analyst Salaries in United Kingdom, https://www.glassdoor.co.uk/Salaries/inventory-analyst-salary-SRCH_KO0,17.htm.” Accessed 3 December 2024.
Editorial Team
Coursera’s editorial team is comprised of highly experienced professional editors, writers, and fact...
This content has been made available for informational purposes only. Learners are advised to conduct additional research to ensure that courses and other credentials pursued meet their personal, professional, and financial goals.
Build Agile skills to stay organized and complete projects faster.
Build job-ready skills with access to 10,000+ courses from top universities and companies.