Supply Chain Managers: Salary, Job Description, How To Become One, and Quiz

Stan T.Career, OverviewLeave a Comment

Job description

Supply Chain Managers direct or coordinate production, purchasing, warehousing, distribution, or financial forecasting services or activities to limit costs and improve accuracy, customer service, or safety. Examine existing procedures or opportunities for streamlining activities to meet product distribution needs. Direct the movement, storage, or processing of inventory.

  • Determine appropriate equipment and staffing levels to load, unload, move, or store materials.
  • Manage activities related to strategic or tactical purchasing, material requirements planning, controlling inventory, warehousing, or receiving.
  • Select transportation routes to maximize economy by combining shipments or consolidating warehousing and distribution.
  • Define performance metrics for measurement, comparison, or evaluation of supply chain factors, such as product cost or quality.
Read more about what does a Supply Chain Manager really do at work and what is it like being and working as one.



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Salary

Average salary
$115590 per year

Average hourly wage
$56 per hour


Supply Chain Managers with little to no experience tend to make between $52550 and $75460 while the more experienced ones can earn over $143230 per year.

Top 5 paying statesHourlyAnnual
DC$71$147,460
CA$69$143,350
NJ$67$138,820
CO$67$138,490
VA$65$134,500

One of the easiest ways to increase your salary as a Supply Chain Manager is to move to a higher paying state like DC. Right now, the highest paying states for Supply Chain Managers are DC, CA, NJ, CO and VA.

However, a higher pay at DC doesn’t guarantee that you will make more because the living expenses at DC might be twice as high than where you are currently at now.

Three other factors that can increase your salary as a Supply Chain Manager is the degree you hold, the industry you work in, and lastly the company you work for.


Requirements

Recommended degree level
Bachelor’s Degree

We asked other Supply Chain Managers what degree they had when they got the job and most of them said they had a Bachelor’s Degree followed by a Master’s Degree.

Other than that, we also asked them what did they major in and here are the most popular majors that came up.

Natural Resource Recreation and Tourism
Digital Communication and Media/Multimedia
Information Technology Project Management
Library and Information Science
Archives/Archival Administration
Read more about how to become a Supply Chain Manager and the degree, training and education you need.

Pros and Cons

Here are some of the pros and cons of being a Supply Chain Manager.

PROS
Suitable for people who likes to start and carry out projects
Suitable for people who wants independence and likes to work on their own and make decisions
This career is perfect for people who love to work indoors.
One of the highest paid careers in the world
CONS
Not suitable for people who likes to work with designs
It is hard to get into this career. A considerable amount of work-related skill, knowledge, or experience is required for this career.
Long working hours (More than 40 hours per week)

What is the job like

Job satisfaction
75%

Is this job meaningful
62%


75% of Supply Chain Managers said they were satisfied with their job and 62% said they feel like their job is making other people’s lives better.


Is this right for me

Best personality for this career
The Entrepreneurs and The Organizers

You can read more about these career personality types here.

People who are suitable for this job tends to like starting up and carrying out projects. They like leading people and making many decisions. Sometimes they require risk taking and often deal with business..

They also like following set procedures and routines. They like working with data and details more than with ideas.




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Related career information

Supply Chain Managers job description, Supply Chain Managers salary, Supply Chain Managers information, what is the job of a Supply Chain Manager like, pros and cons about Supply Chain Managers, colleges and universities for Supply Chain Managers, is Supply Chain Managers the right career for me, careers in Management

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