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Materials Management Analyst

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April 13, 2024 3 minute read

Materials Management Analysts are responsible for the efficient and cost-effective management of materials within an organization. They work closely with suppliers, manufacturers, and other internal departments to ensure that the right materials are available at the right time and at the right price. Materials Management Analysts typically have a strong understanding of supply chain management, logistics, and inventory control.

Job Duties

The job duties of a Materials Management Analyst can vary depending on the size and industry of the organization. However, some common job duties include:

  • Forecasting demand for materials
  • Developing and implementing inventory control systems
  • Negotiating contracts with suppliers
  • Managing supplier relationships
  • Monitoring inventory levels
  • Analyzing inventory data
  • Identifying and implementing cost-saving opportunities

Education and Experience

Most Materials Management Analysts have a bachelor's degree in supply chain management, logistics, or a related field. Some employers may also require a master's degree. In addition to formal education, Materials Management Analysts typically have several years of experience in supply chain management or a related field.

Skills and Abilities

Successful Materials Management Analysts typically have the following skills and abilities:

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Salaries for Materials Management Analyst

City
Median
New York
$143,000
San Francisco
$137,000
Seattle
$141,000
See all salaries
City
Median
New York
$143,000
San Francisco
$137,000
Seattle
$141,000
Austin
$107,000
Toronto
$100,000
London
£54,000
Paris
€56,000
Berlin
€79,000
Tel Aviv
₪236,000
Singapore
S$103,000
Beijing
¥100,000
Shanghai
¥331,000
Shenzhen
¥100,000
Bengalaru
₹444,000
Delhi
₹580,000
Bars indicate relevance. All salaries presented are estimates. Completion of this course does not guarantee or imply job placement or career outcomes.

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