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2020 SUPPLY CHAIN SALARY AND CAREER SURVEY REPORT

2020 SUPPLY CHAINSALARY AND CAREERSURVEY REPORT22020 SUPPLY CHAIN SALARY AND CAREER SURVEY REPORTMore than 2400 SUPPLY CHAIN professionals from the United States provided their responses to our third annual SURVEY focused on compensation and careers in the SUPPLY CHAIN field. This REPORT and an interactive SURVEY calculator tool, which can be found at , explore SALARY and CAREER data based on user selections of various factors. For information about the SURVEY demographics, please see Appendix A, which begins on page 27. For information about how the SURVEY and this REPORT were developed, please see Appendix B, which begins on page SUPPLY CHAINSALARY AND CAREERSURVEY REPORT240032020 SUPPLY CHAIN SALARY AND CAREER SURVEY REPORTSALARY SUPPLY CHAIN salariesAdditional compensationSalary increasesClosing the gender gapSalary by educationArea of studySalary by industry tenureJob r

9 2020 SUPPLY CHAIN SALARY AND CAREER SURVEY REPORT The majority of supply chain professionals (84%) have a bachelor’s degree or higher. Supply chain professionals with an associate degree reported a median salary of $62,000, which is much higher than the national median*. Supply chain

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Transcription of 2020 SUPPLY CHAIN SALARY AND CAREER SURVEY REPORT

1 2020 SUPPLY CHAINSALARY AND CAREERSURVEY REPORT22020 SUPPLY CHAIN SALARY AND CAREER SURVEY REPORTMore than 2400 SUPPLY CHAIN professionals from the United States provided their responses to our third annual SURVEY focused on compensation and careers in the SUPPLY CHAIN field. This REPORT and an interactive SURVEY calculator tool, which can be found at , explore SALARY and CAREER data based on user selections of various factors. For information about the SURVEY demographics, please see Appendix A, which begins on page 27. For information about how the SURVEY and this REPORT were developed, please see Appendix B.

2 Which begins on page SUPPLY CHAINSALARY AND CAREERSURVEY REPORT240032020 SUPPLY CHAIN SALARY AND CAREER SURVEY REPORTSALARY SUPPLY CHAIN salariesAdditional compensationSalary increasesClosing the gender gapSalary by educationArea of studySalary by industry tenureJob responsibilities based on SCOR functionCORPORATE STRUCTURESC ommon titles among functionsReporting structuresBENEFITS VacationPaid time offInsurance and disabilityTABLE OF CONTENTS51416192123272020 SUPPLY CHAINSALARY AND CAREERSURVEY REPORTCAREER SATISFACTIONC areer satisfactionLiklihood of recommending a SUPPLY CHAIN CAREER SKILLST echnical skillsLeadership skillsCERTIFICATIONI mpact of certification on SALARY APICS certification comparedAPPENDICESA ppendix A: Demographics of the surveyAppendix B: How the SURVEY was developed42020 SUPPLY CHAIN SALARY AND CAREER SURVEY REPORTSALARIES ARE SOLID SUPPLY CHAIN professionals with a bachelor s degree reported a median SALARY of $78,750, which is 24% higher than the national median SALARY .

3 OPPORTUNITY FOR ADDITIONAL EARNINGS AND SIGNIFICANT RAISES91% of respondents received some form of additional cash compensation (bonus, profit sharing) to their SALARY . The average raise increase received in 2019 was , which is higher than the national average of GAP CONTINUES TO NARROWFor the 2nd year in a row, respondents under 30 reported the same median SALARY regardless of gender. Women 30-39 reported a median SALARY that is 93% of what men earn. Although still not acceptable, it s higher than what women on average nationally earn which is 82% of what men earn. BENEFITS ARE GOODA lmost three quarters of SUPPLY CHAIN professionals are offered paid family/medical leave and more than 80% receive three weeks or more of vacation time.

4 The majority (79%) of respondents are satisfied with the quality of their CHAIN PROFESSIONALS ARE HAPPY WITH THEIR CAREERS Nearly all (88%) have a positive outlook of their CAREER and most (85%) would recommend SUPPLY CHAIN as a CAREER path to CERTIFICATION PAYS OFF Those who reported at least one APICS certification reported 21% higher median SALARY than those without a certification. Those with at least one APICS certification reported salaries 18% higher than those with other IS KEYL eadership skills are key to success in a SUPPLY CHAIN CAREER , particularly communication and one s ability to collaborate with FINDINGS52020 SUPPLY CHAIN SALARY AND CAREER SURVEY REPORTO verall, the SUPPLY CHAIN professionals surveyed earn between $50,000 and $158,000, including additional compensation.

5 The median SALARY was $82,007. SUPPLY CHAIN SALARIES10th Percentile25th Percentile50th Percentile75th Percentile90th PercentileAdditional CompensationBase SalaryMinimumMedianHighest$78,507$103,00 0$135,000$82,007$113,000$158,711$52,130$ 63,00062020 SUPPLY CHAIN SALARY AND CAREER SURVEY REPORTIn addition to their base SALARY , 91% received some form of additional cash compensation. The most common were bonuses, followed by profit COMPENSATIONI ncentive Pay9%Bonuses51%Profit Sharing15%Overtime Pay9%Other6%72020 SUPPLY CHAIN SALARY AND CAREER SURVEY REPORTPERCENT SALARY INCREASES urveyed SUPPLY CHAIN professionals received an average base SALARY increase of This is higher than the national average of Most (82%)

6 Respondents reported a SALARY increase, 16% saw their salaries remain the same, and only 2% reported a SALARY INCREASESLess than 2%8%2 - - - - or more18%82020 SUPPLY CHAIN SALARY AND CAREER SURVEY REPORT40-49 50 and overUnder 3030-39 CLOSING THE GENDER GAPS upply CHAIN professionals under the age of 30 reported the same median SALARY regardless of gender. Women in the 30 to 39 age group reported a median SALARY that is 93% of men's salaries, which is better than the national average*. There is still a need for equity in the field, as a wide gap still exists for those 40 and over.

7 However, salaries from those 39 and under show a promising future in pay equity.$65,000 Men Men Women Women $107,750$85,000$65,000$81,840$76,478$96, 975$80,100* Men Women Women 92020 SUPPLY CHAIN SALARY AND CAREER SURVEY REPORTThe majority of SUPPLY CHAIN professionals (84%) have a bachelor s degree or higher. SUPPLY CHAIN professionals with an associate degree reported a median SALARY of $62,000, which is much higher than the national median*. SUPPLY CHAIN professionals with a bachelor s reported a median SALARY of $78,507, which is 24% higher than the national median of those with a bachelor s or higher$67,000$78,507$95,750* Bureau of Labor StatisticsSALARY BY EDUCATION102020 SUPPLY CHAIN SALARY AND CAREER SURVEY REPORTGRADUATEUNDERGRADUATET hose who studied SUPPLY CHAIN as their undergraduate majors were most prevalent among 20-29-year-olds which is reflective of the growing number of schools that offer SUPPLY CHAIN management programs.

8 The majority of SUPPLY CHAIN professionals with graduate degrees have an OF STUDY63%37%Was not an optionTook SC classes (not major)Studied something differentSupply CHAIN major20-2930-3940-4950+54%21%20%5%24%22% 44%9%21%17%49%14%19%21%41%19%MBAMSAge Group112020 SUPPLY CHAIN SALARY AND CAREER SURVEY REPORTI ndividuals entering the SUPPLY CHAIN field can expect to make $60,000 within their first 2 years, which is higher than the national median starting SALARY of $51,347*. Salaries increase as more years of experience are gained, with the most significant jumps occurring after five Years or Less 3-4 Years5-9 Years10-19 Years20+ Years Years in SUPPLY CHAIN Field$60,000$68,000$75,000$90,000$103,00 0*Korn FerrySALARY BY INDUSTRY TENURE122020 SUPPLY CHAIN SALARY AND CAREER SURVEY REPORTPRIMARY FUNCTIONADDITIONAL FUNCTIONSR espondents were asked to identify their primary responsibility based on functions outlined in the ASCM SUPPLY CHAIN Operations Reference (SCOR) model*.

9 Half of the respondents said "Plan" was their primary responsibility. Respondents were then asked to identify additional responsibilities included in their jobs. Of these additional responsibilities, "Make" and "Deliver" were the most common.* % RESPONSIBLITIES BASED ON SCOR FUNCTION132020 SUPPLY CHAIN SALARY AND CAREER SURVEY REPORTM edian salaries remain balanced across the board with "enable" being the exception. Those who reported make as their primary responsibility reported the next highest *Enable$77,500$74,000$82,000$72,858$77,5 27$98,625*Return SALARY shown as an average due to small sample size SALARIES BY PRIMARY SUPPLY CHAIN FUNCTION142020 SUPPLY CHAIN SALARY AND CAREER SURVEY REPORTCOMMON TITLES AMONG FUNCTIONSPLANSOURCEMAKEDELIVERRETURNENAB LEB uyer and/or PlannerDemand PlannerInventory AnalystMaster PlannerMaster SchedulerMaterials ManagerProduction PlannerBuyerCategory ManagerCommodity ManagerProcurement SpecialistPurchasing ManagerSourcing ManagerOperations ManagerOperations DirectorProduction ManagerProduction SchedulerLogistics CoordinatorLogistics managerOperations ManagerTransportation AnalystLogistics

10 ManagerInventory ManagerMaterials ManagerWarehouse ManagerDirector of SUPPLY ChainProduction PlannerSupply CHAIN ManagerConsultantThe following are the most common titles reported for the various SUPPLY CHAIN functions. 152020 SUPPLY CHAIN SALARY AND CAREER SURVEY REPORTThis table gives a general view of the reporting structure among the various roles and titles held by SUPPLY CHAIN professionals. REPORTING STRUCTURES SUPPLY CHAIN ManagerDirector of SUPPLY ChainSupply CHAIN ManagerOperations ManagerMaterials ManagerDirector of OperationsMaterials ManagerSupply CHAIN ManagerPurchasing ManagerMaterials ManagerGeneral ManagerBuyerPlannerMaster SchedulerMaterials ManagerPresident/CEOVice PresidentDirector of OperationsCEOVice PresidentSupply CHAIN ManagerDirector of SUPPLY ChainCOOD irector of OperationsDirector of LogisticsVice President of OperationsVice President of OperationsOperations ManagerLogistics ManagerSupply CHAIN ManagerDirector of SUPPLY Chain162020 SUPPLY


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