The Association for Supply Chain Management (ASCM) released its 2024 Supply Chain Salary and Career Report. This annual report provides an in-depth analysis of compensation trends and job satisfaction within the supply chain industry, and is based on responses from thousands of supply chain professionals worldwide,
Those working in the industry saw a 4% year-over-year salary bump from the previous year, with the average salary reaching $103,000 annually in total compensation, including a base salary of $95,000. This marks the first time the average supply chain salary has surpassed the $100,000 mark.
Title | 25th Percentile | 50th Percentile | 75th Percentile | ||||||||||||
Supply chain director | $139,875 | $176500 | $204,500 | ||||||||||||
Director of operations | $110,500 | $135,000 | $165,000 | ||||||||||||
Supply chain manager | $92,475 | $112,000 | $165,000 | ||||||||||||
Materials manager | $83,000 | $105,000 | $125,000 | ||||||||||||
Procurement manager | 85,000 | $106,500 | $118,617 | ||||||||||||
Logistics manager | $78,657 | $100,000 | $117,000 | ||||||||||||
Inventory manager | $75,750 | $90,000 | $107,850 | ||||||||||||
Purchasing manager | $75,000 | $93,000 | $105,000 | ||||||||||||
Supply chain analyst | $75,000 | $88,000 | $100,000 | ||||||||||||
Demand planner | $79,000 | $98,000 | $120,000 | ||||||||||||
Production planner | $67,000 | $76,000 | $92,000 | ||||||||||||
Senior buyer | $76,200 | $85,000 | $94,000 | ||||||||||||
Buyer-planner | $67,300 | $75,000 | $88,000 | ||||||||||||
Buyer | $62,000 | $72,000 | $79,000 |
On the subject of overall job satisfaction, 49% of respondents had a positive or very positive outlook on the job market, and another 42% help a neutral sentiment.
The neutral outlook may be related to compensation. The survey was that 70% of respondents globally indicated their salary increases haven’t kept pace with inflation. That number was 77% in Canada, 66% in Europe, and 70% in the U.S.
The survey also found that 85% take pride in their work and 58% said they felt appreciated by their organizations. Other key findings include: