What the title covers
Making sure the right things are in the right place at the right time without tying up more money in inventory than necessary. The work is forecasting how much will be needed, deciding how much to order and when, watching supplier lead times and whether they are being met, and explaining after the fact why something ran out or why there is far too much of something else. It is analytical work with a physical result, which is unusual. When you get it wrong, a shelf is empty or a warehouse is full, and both are visible to people who do not read your spreadsheet.
A second use of this title
The planning version is analytical. You build the forecast, set reorder points, model what happens if a supplier is late, and work in spreadsheets and planning systems. The execution version is coordination. You chase shipments, resolve receipts that do not match orders, book carriers, and spend a good deal of the day on the phone. Larger companies split these into separate roles. Smaller ones give both to the same person and call it an analyst job.
A posting mentioning forecasting, demand planning, inventory optimisation or scenario modelling describes the first. A posting mentioning expediting, carrier coordination, purchase orders or receipts describes the second. Neither is a worse start, but the first builds skills that transfer to any analytical role, and the second builds knowledge that only transfers within the industry.
Where it is found
Any business that makes or moves physical goods, plus a growing number of healthcare and service organisations.
Typical entry requirements
- Education
- Bachelor's degree. Supply chain, business, industrial engineering and economics are the common routes
- Expected
- Excel well past formatting, including working with files large enough to be slow
- Frequently required
- An ERP system such as SAP or Oracle, usually taught on the job
- Often listed
- SQL, and increasingly a planning system such as Kinaxis, Blue Yonder or SAP IBP
- Experience
- Zero to two years. This is one of the most reliably entry level analyst roles in this library