Since so many people asked, here is a very long list of reputable pubs on Supply Chain Salary data:
Global supply chain managers are the unsung heroes of companies who have to get products from A to B, on time, and on budget — and now across continents and time zones as well. The job calls for calm problem-solving ability, high-tech handiness, and diplomatic skill — a triple threat that’s hard to find. According to industry analysts, there is a growing shortage of these specialists as companies streamline and speed up every link in the chain to stay competitive.
https://www.logisticsmgmt.com/article/36th_annual_salary_survey_earning_more_but_enjoying_less
https://www.logisticsmgmt.com/article/37th_annual_salary_survey_salaries_level_off
https://www.cips.org/knowledge/salary-guide-north-america/
https://www.ascm.org/globalassets/documents–files/salary-survey/2020-salary-report.pdf
https://www.ascm.org/foundation/research/salary-survey/
https://www.rasmussen.edu/degrees/business/blog/supply-chain-salaries/
https://planergy.com/blog/supply-chain-management-salaries
https://www.hpnonline.com/sourcing-logistics/article/21138581/surfing-supply-chains-salary-wave
https://blog.edx.org/supply-chain-management-logistics-career-guide
https://www.cips.org/knowledge/salary-guide-europe/
https://www.cips.org/knowledge/salary-guide-uk/
https://www.cips.org/knowledge/salary-guide-south-africa/
https://www.cips.org/knowledge/salary-guide-middle-east-north-africa/
https://www.cips.org/knowledge/salary-guide-sub-saharan-africa/
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Also, from the Institute of Supply Management:
For the 15th year, the ISM is out with its annual salary report for procurement professionals, this year based on survey results from some 2700+ supply managers from those new to the profession to chief procurement officers.
The survey was conducted between mid-January & mid-February 2020, and based on 2019 compensation data. Salary levels include both base pay and any bonus payments.
The headline news is that average compensation growth for SCM practitioners rose for the third straight, with average overall 2019 compensation across all levels reaching $123,226, a 3.3% increase compared to 2018, when the average was $119,271.
The increase in 2019 is double the 1.6% rise reported for 2018 versus 2017. This year, 87.6% of respondents indicated their base salaries increased in 2019, and of those, the average increase was 5.5%.
The numbers look somewhat different when viewed from median levels (half above, half below) versus average compensation.
The median compensation in 2019 increased 3.6% to $106,000 – quite a bit lower than the average of $123,000 – but it was up from $102,352 in 2018.
At the high end, the average compensation of the top 10% of procurement pros was $286,211, up 2.5% from $279,139 in 2018. Also increasing was the average base salary of the top 5% of earners in 2019: $344,909, up 1.2% from $340,956 in 2018.
Additional key findings include:
• Certification edge: Respondents with a Certified Professional in Supply Management designation earned an average of $125,996, up 5.4% from the previous year, and those with Certified Professional in Supplier Diversity status earned $130,441, a 3.9% increase.
For my detailed feedback on certifications see:
https://www.simecurkovic.com/2021/04/29/supply-chain-certifications-i-make-my-students-do-this-during-the-first-week-of-class/
• Demographic gaps persist: In 2019, the gap in average compensation between male ($131,153) and female ($106,935) supply management professionals was 22.6%. For respondents who disclosed race, those identifying as Caucasian reported an average compensation of $127,169, compared with $111,311 for Black respondents and $99,807 for Asians.
• Healthy bonuses: 66% of respondents received a bonus in 2019, with an average bonus of $25,179, or 20.4% of average base salary (up from 18.2% in 2018).
• Industry earning power: Supply management practitioners in mining saw the highest average salaries – more than $177,000 – followed by arts, entertainment and recreation (about $155,000) and petroleum and coal products (about $150,000).
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Dream Jobs: Six-Figure Salaries and a Bright Future by Louise Tutelian
Seemingly every week, another publication or website comes out with its list of the “Best Jobs of the Year” or the “Hottest Careers,” purporting to show the best fields to get into for job stability and earnings potential. The problem with many of these lists is that the jobs and careers on them often require years and years of training (see: biomedical engineer), offer an extremely small overall pool of jobs (see: meteorologist), or really don’t pay all that well (see: home health aide).
So we’ve put together a list of jobs that suffer from none of these disadvantages. Using statistics from the Bureau of Labor, salary sites, professional trade groups, and recruiters, we identified jobs that don’t require more than two years of additional training to secure a position, have a reasonably large and growing number of overall jobs, and offer six-figure salaries to top earners in the field (generally, the top 10 percent of those employed). These, to our mind, are the true dream jobs.
Global Supply Chain Manager!!!!!
Salary for top earners: $135,100
Projected job growth: 10 percent by 2020
Additional training required: Transitioning into this field could take between six months for courses and up to two years to get a master’s degree. Those with operations, purchasing, or logistics education and/or experience have the best chance of getting into this field.
Global supply chain managers are the unsung heroes of companies who have to get products from A to B, on time, and on budget — and now across continents and time zones as well. The job calls for calm problem-solving ability, high-tech handiness, and diplomatic skill — a triple threat that’s hard to find. According to industry analysts, there is a growing shortage of these specialists as companies streamline and speed up every link in the chain to stay competitive.
More info…
Notice what happens to salaries as you get certified and get a
graduate degree…
Careers in Purchasing and Supply Management
Average Salaries (this is actually a few years old so the current numbers are even bigger)
The Institute for Supply Management™ (ISM) surveyed supply management professionals during January and February to determine average salaries in the supply management profession. This report presents summary results of the survey that is based upon salaries earned during the calendar year. A full report is available to ISM members in the Online Career Center. Some of the key result are listed here. Keep in mind that there are a variety of factors that determine the actual salary you may earn. Salaries vary based on such issues as business climate, work experience, industry, education, certification status, personal ambition, cost of living, and organization budget.
Overall average for supply management profession $102,218
Average for those with five or fewer years of experience $69,350 (average for WMU ISM graduate is around $60K)
1. Average for those with BS/BA in business $ 99,490
2. Average for those with one or more credentials $102,498
3. Average for those with a Master’s degree $123,090
Do you understand why the salaries got bigger in each line above?
Here is a complete 2020 SCM salary report from APICS/ASCM:
Please contact me for more information. Thank you. Sime
Sample Lectures & Should You Major in Supply Chain Management?
https://wmich.edu/supplychain/academics/lectures
Dr. Sime (Sheema) Curkovic, Ph.D., Professor, Operations/Supply Chain
Western Michigan University, Haworth College of Business
E-Mail: sime.curkovic@wmich.edu
www.wmich.edu/supplychain
“WMU Integrated Supply Management (ISM)…Nation’s best undergraduate SCM program (Gartner); 2nd in SCM technology (SoftwareAdvice); 2nd in top global SCM talent (SCM World)”