A survey of more than 2,600 US supply chain professionals found wage increases and high job satisfaction reported across the profession.
The 2018 Supply Chain Compensation and Career Survey Report by APICS revealed the average salary for supply chain professionals in 2017 was $85,210.
Nine in 10 respondents said they had received an average salary increase of at least 3% in 2017 and 96% reported high levels of job satisfaction.
On average respondents graded their level of satisfaction with working in supply chain to be 8.4 out of 10, with an average satisfaction rating of 7.4 with their current job.
Men reported average salaries that were 15.6% higher than those reported by women.
“The data revealed in this report show that supply chain careers represent a fulfilling, dynamic and rewarding long-term career choice for professionals,” said APICS CEO Abe Eshkenazi.
“We’re excited to see that our members are well-compensated and continuing to advance in their careers. We foresee that this success will continue as supply chain professionals continue to become a more integral part of overall business strategy.”
Continued professional education has a large impact on salaries, the report found.
Survey respondents who indicated holding at least one kind of certification reported a median salary that was 19% above peers without certifications.
Respondents with an APICS certification reported a median salary of 27% more than those who indicated that they did not have any certification.
Among workers with the same degree of experience in the field, those with an APICS certification reported higher salaries than those without one.
The gap separating the average salaries of those with at least 20 years of work experience in the supply chain field and those with less than one year in the field is $39,818.
However, the survey also reported that, possibly due to the current demand for recent supply chain graduates, the average salary for recent graduates is slightly higher than the salary level for those with one to three years of tenure.
Supply chain professionals who directly or indirectly supervise at least 50 individuals report an average base salary of about 82% more than those who do not supervise others.
Supervising between one and four people leads to a 13% increase in salary.
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