2024 Salary Survey: Supply Chain Professionals Now Earn Over $100K

New data from the Association for Supply Chain Management reveals record salaries


Supply chain salaries continue to increase in the United States, rising 4% year-over-year according to new research released this morning by the Association for Supply Chain Management (ASCM).

Salaries in 2023 increased by 4% to reach an average of $103,000 annually in total compensation, including a base salary of $95,000, besting last year’s $98,570 in total compensation. It is the first time the average supply chain salary has surpassed the $100,000 mark. Top performers—those in the 90th percentile—are pulling down $161,000 in base compensation and $201,000 in total compensation.

Click here to download ASCM's annual salary report

Additional compensation includes cash bonus (64%), profit sharing (13%), incentive pay (8%), overtime pay (8%), and other cash compensation (7%).

ASCM found that salaries across the board increased, regardless of experience levels. Those with 20 years or more saw their compensation increase from $120,000 a year ago to $126,000 in the latest report. Those with more than 10 years of experience also saw a jump, from $100,200 to $105,000.

Education matters

For professionals with a degree, the report, “The Supply Chain Profession in 2024: Salaries and Careers Across the Globe,” found they earned an average of $25,000 more than the national average, regardless of the specific degree type.
 
ASCM said those with one of its certifications saw additional compensation, enjoying a median salary of 10% higher than a non-credentialed colleague, and 17% more for those with two or more certifications.
 

Article Topics


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About the Author

Brian Straight's avatar
Brian Straight
Brian Straight is the Editor in Chief of Supply Chain Management Review. He has covered trucking, logistics and the broader supply chain for more than 15 years. He lives in Connecticut with his wife and two children. He can be reached at bstraight@peerlessmedia.com, @TruckingTalk, on LinkedIn, or by phone at 774-440-3870.
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Salaries in 2023 increased 4% to reach an average of $103,000 annually in total compensation, including a base salary of $95,000.
Source: Tima Miroshnichenko/Pexels
Salaries in 2023 increased 4% to reach an average of $103,000 annually in total compensation, including a base salary of $95,000.

As the largest nonprofit association for supply chain, ASCM is an unbiased partner, connecting companies around the world to the newest thought leadership on all aspects of the supply chain. ASCM is continuing to provide the industry-leading APICS certifications and training youʼve come to trust. Weʼve also expanded to deliver end-to-end professional development and educational offerings through our global network of partnerships and alliances. Being an ASCM member means joining a network of impassioned individuals dedicated to creating a better world through supply chain management. With discounts on certification courses, professional development, events, and exclusive access to our research and online community, you’ll have the tools to elevate your own career and enhance your company’s performance.



View ASCM company profile

 

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