Supply Chain Planner Salary
Job Description for Supply Chain Planner
A supply chain planner is responsible for ensuring that a company receives the materials or supplies they need quickly, efficiently, and within budget. To do this, they must monitor the company’s inventories and track the performance of current supply methods. Then, the supply chain planners try to find ways to improve that process. Depending on their industry, the supply chain planner may suggest moving warehouses, changing suppliers, or switching transportation methods. In the event of a supply emergency (such as a sudden increase in demand or a shortage of materials), the supply chain planner must also determine how to get new supplies in time to meet deadlines.Read More...
Supply chain planners work in a variety of fields, such as retail, manufacturing, pharmaceuticals, and distribution. Regardless of the field, the supply chain planner works in an office setting during regular business hours, but overtime may be required if an emergency situation arises.
To become a supply chain planner, a bachelor’s degree is usually required. Companies typically prefer degrees in supply chain, business, operations, or a related field. A master’s degree in business administration may be helpful, especially if the applicant hopes to rise to a senior level in the company. Also, two to five years of experience working in the supply chain field is often required. Some companies may require certifications in operator or vendor management, such as the APICS Certified in Production and Inventory Management (CPIM) or the APICS Certified Supply Chain Professional (CSCP).
Supply Chain Planner Tasks
- Obtain, analyze and interpret supply chain relevant data.
- Use analysis results to improve supply chain processes, performance and to reduce costs.
- Perform analyses with this data using analytical models and mathematical analysis.
Common Career Paths for Supply Chain Planner
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Popular Employer Salaries for Supply Chain Planner
Popular Skills for Supply Chain Planner
Supply Chain Planners seem to wield many skills on the job. Most notably, facility with SAP Supply Chain Management, Strategic Planning, and SAP Enterprise Resource Planning (ERP) are correlated to pay that is significantly above average, leading to increases of 21 percent, 7 percent, and 5 percent, respectively. Those listing Lean Manufacturing as a skill should be prepared for drastically lower pay. Most people experienced in Inventory Management also know Materials Requirement Planning (MRP), Microsoft Excel, and Data Analysis.
Pay by Experience Level for Supply Chain Planner
Median of all compensation (including tips, bonus, and overtime) by years of experience.
The average worker who claims fewer than five years of experience earns around $59K. In contrast, however, individuals who report five to 10 years in this occupation see a much larger median of $66K. Supply Chain Planners see a median salary of $69K after reaching one to two decades on the job. Supply Chain Planners who have racked up more than two decades of experience report lower incomes overall; the average sum for this crowd comes out to only $67K.
Pay Difference by Location
Charlotte offers some of the highest pay in the country for Supply Chain Planners, 27 percent above the national average. Supply Chain Planners can also look forward to large paychecks in cities like San Jose (+22 percent), Irvine (+21 percent), Minneapolis (+19 percent), and Chicago (+10 percent). With compensation 5 percent below the national average, San Diego is not known for hefty paychecks and actually represents the lowest-paying market.
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