Director, Supply Chain Management Salary
Job Description for Director, Supply Chain Management
A director of supply chain management manages and organizes all activities related to the products and goods that a business maintains and supplies to its customers. The supply chain manager's role begins with identifying resources and materials and ends with the purchase of goods by customers; it includes steps such as acquisition of the product, production, and distribution.Read More...
Directors of supply chain management are in charge of a critical part of the business. They must effectively work to find the best prices for their goods, inventory appropriately, and monitor purchasing. They must ensure that needed materials are always in stock, and that the supply available will meet customer demand without having more product than is needed tying up storage space. The responsibilities of a director of supply chain management vary depending on the scope and size of a company. The overall goal of all directors of supply chain management is to reduce costs and increase efficiency throughout the supply chain process while ensuring that quality, safety, and customer satisfaction is not negatively affected.
Many directors of supply chain management oversee a smaller group of employees who work in the manufacturing process. Supply chain managers monitor each step of the process, while also assessing employees and goods, creating policies, and formulating partnerships with suppliers.
Directors of supply chain management can work in a variety of fields, including government, communication, and manufacturing. There are also many opportunities available in retail and service, as well as education. A director of supply chain management may specialize in a specific field, such as technology.
Employers may require either a bachelor's or a master's degree in supply chain management or a related field. They also may require prior experience in supply chain management.
Director, Supply Chain Management Tasks
- Manage relations with vendors, communicating requirements such as quantity, delivery times, and quality.
- Oversee analysis of supply chain effectiveness, vendor risk, and vendor performance.
- Work to develop efficient, cost-effective supply chain strategies and manage company inventory.
- Adapt supply chain to deal with changes in the market and suppliers.
Common Career Paths for Director, Supply Chain Management
While not commonly seen, Directors of Supply Chain Management who transition into a Senior Director, Supply Chain position may see a rise in pay. The median salary for Senior Director, Supply Chains is $182K per year. A VP of Supply Chain Management role is the most common promotion for Directors of Supply Chain Management moving up the ladder, and pay for the position tends to be around the $164K mark. Another typical, albeit less common, transition for Directors of Supply Chain Management is a VP of Operations position, where earnings are usually $123K.
Director, Supply Chain Management Job Listings
Search for more jobs:
Popular Skills for Director, Supply Chain Management
Survey takers working as Directors of Supply Chain Management report using a large range of professional skills. Most notably, skills in Performance Management, Strategic Planning, Supplier Management, and Contract Negotiation are correlated to pay that is above average, with boosts between 5 percent and 10 percent. Those listing Logistics as a skill should be prepared for drastically lower pay. SAP Materials Management and People Management also typically command lower compensation. Most people who know Inventory Management also know Operations Management and Materials Requirement Planning (MRP). Most people who know Supply Chain also know Strategic Planning and Operations Management.
Pay by Experience Level for Director, Supply Chain Management
Median of all compensation (including tips, bonus, and overtime) by years of experience.
Experience is an important factor influencing the compensation of Directors of Supply Chain Management. Although inexperienced employees take home approximately $87K, those who have five to 10 years under their belts benefit from a six-figure median of $109K. Directors of Supply Chain Management bring in $131K after working for 10 to 20 years. Directors of Supply Chain Management with more than 20 years of experience report incomes that are only modestly higher; the median for these old hands hovers around $139K.
Pay Difference by Location
For Directors of Supply Chain Management, working in the bustling city of San Francisco has its advantages, including an above-average pay rate. Directors of Supply Chain Management can also look forward to large paychecks in cities like Seattle (+22 percent), Austin (+22 percent), San Diego (+22 percent), and Houston (+21 percent). Phoenix ranks last in the field for pay, reporting salaries 6 percent below the national average.