APICS’s inaugural annual survey reveals a healthy outlook for those employed in supply chain, with wage increases and high job satisfaction reported across the profession.
Key findings reveal the average salary for supply chain professionals in 2017 was $85,210.
In addition, 90% of respondents received an average salary increase of at least 3% in 2017 and nearly all reported they are happy and likely to remain in the supply chain field.
“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, CSCP, CPA, CAE.
“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.”
The survey shows that continued professional education has a large impact on the salaries of supply chain professionals. Survey respondents who indicated holding one certification reported a median salary that was 19% more than their peers without certifications.
Respondents who earned an APICS certification reported a median salary that is 27% more than those who indicated that they did not have any certification. Certifications were also found to have a continuing career impact. Among workers with the same tenure in the field, those with an APICS certification reported higher salaries than those without one.
The survey revealed that, despite growth in compensation and job satisfaction, there still is work to do when it comes to addressing the pay gap between men and women within the field.
The key findings of the report are: