Supply Chain Specialist Salary
Job Description for Supply Chain Specialist
A supply chain specialist ensures that supplies and inventory are ordered, received, replenished, and kept at appropriate levels so the business could function properly. They are a main point of contact for suppliers, and they make sure any questions by members on their organization on those suppliers are dealt with in an effective and timely manner. The supply chain specialist also must ensure that accurate records of supplies and inventory levels are maintained, and they must analyze data around the use or depletion of these resources over time. These specialists must make sure that the company never has a deficit or an excess surplus of supplies and inventory.Read More...
Communication with other teams is essential, as the supply chain specialist must stay up to date on information regarding changes in production or upcoming marketing that may affect demand for supplies. The ability to effectively prepare and present reports to show trends and data on supplies and/or inventory to management is expected as well.
Candidates for this position are generally expected to have an associate's or bachelor's degree in business administration, supply chain management, or a related field. Candidates for supply chain specialist should also have at least one to three years of experience in purchasing- or supply chain-related positions.
Supply Chain Specialist 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 Specialist
Advancing into a Supply Chain Manager role seems to be a popular career move for Supply Chain Specialists, and folks who currently work in the latter position report a notably larger median income of $82K per year. Supply Chain Specialists moving up in their careers tend to step into positions as Supply Chain Analysts or Supply Chain Supervisors. The median paychecks in those roles are $2K higher and $5K higher, respectively.
Supply Chain Analyst Job Listings
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Popular Employer Salaries for Supply Chain Specialist
Supply Chain Specialists seeking a sizable paycheck can earn the most at The Boeing Company, where the average salary comes to $55K.
Popular Skills for Supply Chain Specialist
Supply Chain Specialists seem to require a rather large skill set. Most notably, skills in Supplier Management, Negotiation, SAP Enterprise Resource Planning, and Forecasting are correlated to pay that is above average, with boosts between 15 percent and 18 percent. Skills that pay less than market rate include Microsoft Office, Microsoft Excel, and Inventory Management. Those proficient in Data Analysis are, more often than not, also skilled in Microsoft Office.
Pay by Experience Level for Supply Chain Specialist
Median of all compensation (including tips, bonus, and overtime) by years of experience.
Relatively untried employees who have less than five years' experience make $51K, but folks with five to 10 years under their belts enjoy an appreciably larger median of $56K. For Supply Chain Specialists, 10 to 20 years of experience on the job amounts to an average salary of $60K. For some reason, Supply Chain Specialists with more than two decades of experience report lower paychecks overall; the median sum in this group sits near $55K.
Pay Difference by Location
Surpassing the national average by 39 percent, Supply Chain Specialists in Austin receive some of the highest pay in the country. Supply Chain Specialists will also find cushy salaries in Houston (+30 percent), Los Angeles (+26 percent), Seattle (+13 percent), and Dallas (+12 percent). Those in the field find the lowest salaries in Milwaukee, 16 percent below the national average. Employers in Oklahoma City and San Antonio also lean toward paying below-median salaries (13 percent lower and 12 percent lower, respectively).
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Key Stats for Supply Chain Specialist
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