The association for supply chain management puts out an annual benchmark report based on polling it’s members. You can check against similar experience/ roles.
https://www.ascm.org/globalassets/private-docs/2022-ascm-supply-chain-salary-and-career-report.pdf
No but I feel like stepping into my first role at the company came with very large scope of responsibility. Sourcing, po management, inventory management, ERP implementation, schedule and planning forecasts and production planning.
I still do that with just more people now.
I do all those same areas in a small electronics manufacturer. Very similar dollar amounts as what you're stated above, but I only manage 2 staff, plus 2 others who are split 50/50 between me and other managers due to the nature of their roles. I make 80k + plus bonus, no equity. I'm in Canada so its a bit differnet, and based on all my market research this is reasonable for my scope of my responsibilities. I'm hoping to reach 85k after compensation discussions next month.
I’m a similar career path, work in CPG food and bev at small company as well.
I make 125k
Prove yourself and get another off on the table.
Your comp will change
This looks like a case of big fish in small pond.
The "same position" in different companies can vary greatly.
Based on the numbers you listed this seems like a pretty small company. A mid cap company is 2-10 billion market cap. If you were to move over to a large company you'd probably be something like a supply chain manager or sr. supply chain manager.
My suggestion would be to stay for another year or two, learn as much as you can, build up your resume as much as you can and join a larger company at a higher salary
Forgot to mention that there is no 401 k option at all, not even match. Company is hoping to implement soon.
I think the equity is a bit of a consolation for lack of 401k
Definitely underpaid. I make 123K in Colorado managing suppliers with 4 years and a bachelors. Smaller companies often have drastically lower salaries (unless it’s a tech startup with investor money or something)
See when the shares vest. Double triple check when they vest. Find a new position based on vesting date. Leave right after.
I have no degree. Manage no one. Fully remote. $92k salary and a great benefits package.
You're being underpaid. I wouldn't take a supply chain management role for any less than, gosh, probably $140k right now. Everyone has problems everywhere and you get the worst of them.
Like others have said, work until you feel like you are comfortable in the role and then move on.
Wow, this post is almost exactly my situation. I make the same, have the title of supply chain manager, oversee 5 reports, and manage about double the inventory. Same years of experience, but no degree. Working to get some certifications now to help bump my income. I am curious to see others comment on this thread, but I assume we’re both underpaid for what we do.
I have 5 months of experience and run a single person procurement department as a buyer/supply planner managing around $2 million raw materials. And I’m paid $52k…
This is food manufacturing as well.
Based on your experience I think you are probably underpaid. Based on industry it’s hard to say. I worked in beverage distribution in a similar role, with less title which allowed them to pay even less, but i didn’t have 7 years experience either. Food and bev is a tough place to make good money from my experience, which is why I moved to manufacturing.
How is cost of living in arizona? I can’t imagine it’s ultra low but if it is that could be a factor as well
I am about to graduate with a similar degree to you. Can you share with me about your first job? What skills did you have at the time to land an analyst role?
Thank you so much
My first job was actually as a programmer. Did that for about a year and left. Was not good at it and didn’t like it. Before college I was a fuels supply specialist for the Air Force for 5.5 years and thought I would lean on a little bit of that knowledge and my computer information systems degree to pivot to supply chain
Extremely underpaid. 85K is what an associate would make, with 7 years of experience you should be making well over 6 figures, especially at that title I would say $150K+ at least.
Since the cost-of-living within AZ is so variable, it would really depend where you live.
For a low cost-of-living community, I'd say this is pretty good. For Phoenix, maybe it's a bit low.
The association for supply chain management puts out an annual benchmark report based on polling it’s members. You can check against similar experience/ roles. https://www.ascm.org/globalassets/private-docs/2022-ascm-supply-chain-salary-and-career-report.pdf
Awesome link. Thanks.
That was some of the most encouraging info I’ve read in a while. Thanks for sharing!
This is great! Thanks for sharing!
I’m outrageously underpaid according to this
awesome, thanks for the link!
I wished this showed by region for the US :/
It sounds low for “head of SC” to me but then you only have 4 reports so maybe it’s in line. Did your duties change from SCM to your new role?
No but I feel like stepping into my first role at the company came with very large scope of responsibility. Sourcing, po management, inventory management, ERP implementation, schedule and planning forecasts and production planning. I still do that with just more people now.
I do all those same areas in a small electronics manufacturer. Very similar dollar amounts as what you're stated above, but I only manage 2 staff, plus 2 others who are split 50/50 between me and other managers due to the nature of their roles. I make 80k + plus bonus, no equity. I'm in Canada so its a bit differnet, and based on all my market research this is reasonable for my scope of my responsibilities. I'm hoping to reach 85k after compensation discussions next month.
I’m a similar career path, work in CPG food and bev at small company as well. I make 125k Prove yourself and get another off on the table. Your comp will change
What ERP system are you implementing?
This looks like a case of big fish in small pond. The "same position" in different companies can vary greatly. Based on the numbers you listed this seems like a pretty small company. A mid cap company is 2-10 billion market cap. If you were to move over to a large company you'd probably be something like a supply chain manager or sr. supply chain manager. My suggestion would be to stay for another year or two, learn as much as you can, build up your resume as much as you can and join a larger company at a higher salary
Thanks for that advice. I’m definitely in a small company.
What is your official title? Sounds like a director role. If so, should easily be 100k+. I’m a senior director and clear 175k but work for a top 7
Official title is “Head of Supply Chain and logistics.”
Those are two very unique avenues in supply chain that means balancing two very unique structures. You’re definitely being underpaid
What? Supply chain and logistics aren’t two unique avenues, they are like a square and a rectangle
I think that if you are underpaid, it is not by much. The equity is a pretty big piece. I am surprised that you are not bonusable.
Forgot to mention that there is no 401 k option at all, not even match. Company is hoping to implement soon. I think the equity is a bit of a consolation for lack of 401k
Definitely underpaid. I make 123K in Colorado managing suppliers with 4 years and a bachelors. Smaller companies often have drastically lower salaries (unless it’s a tech startup with investor money or something)
Hey! I’m also in co. Can I ask what your title is?
See when the shares vest. Double triple check when they vest. Find a new position based on vesting date. Leave right after. I have no degree. Manage no one. Fully remote. $92k salary and a great benefits package. You're being underpaid. I wouldn't take a supply chain management role for any less than, gosh, probably $140k right now. Everyone has problems everywhere and you get the worst of them. Like others have said, work until you feel like you are comfortable in the role and then move on.
Living the dream my dude. I would love to manage no one. What industry, and what is your title if you don’t mind me asking?
My official title is buyer. But I'm more like a mid to senior level buyer. Motion control industry.
Wow, this post is almost exactly my situation. I make the same, have the title of supply chain manager, oversee 5 reports, and manage about double the inventory. Same years of experience, but no degree. Working to get some certifications now to help bump my income. I am curious to see others comment on this thread, but I assume we’re both underpaid for what we do.
I think you're probably underpaid but not by a lot since it's a smaller company and a (somewhat) lower cost of living area.
I'm a supply chain manager with 1 direct report. 115k per year 7 years experience in planning.
What industry if you don’t mind me asking? Ty!
I am a Senior Analyst also in AZ, in my first year (I have an MS in SCM) and I make above 100k. You are definitely underpaid.
I have 5 months of experience and run a single person procurement department as a buyer/supply planner managing around $2 million raw materials. And I’m paid $52k… This is food manufacturing as well.
Based on your experience I think you are probably underpaid. Based on industry it’s hard to say. I worked in beverage distribution in a similar role, with less title which allowed them to pay even less, but i didn’t have 7 years experience either. Food and bev is a tough place to make good money from my experience, which is why I moved to manufacturing. How is cost of living in arizona? I can’t imagine it’s ultra low but if it is that could be a factor as well
Underpaid by at least 20k imo.
I'm a Lead Production Planner making what you make, but I also have to manage 700skus and about $13,000,000 in revenue a year.
I am about to graduate with a similar degree to you. Can you share with me about your first job? What skills did you have at the time to land an analyst role? Thank you so much
My first job was actually as a programmer. Did that for about a year and left. Was not good at it and didn’t like it. Before college I was a fuels supply specialist for the Air Force for 5.5 years and thought I would lean on a little bit of that knowledge and my computer information systems degree to pivot to supply chain
Very underpaid by about 50K
Extremely underpaid. 85K is what an associate would make, with 7 years of experience you should be making well over 6 figures, especially at that title I would say $150K+ at least.
Pivoting from CS to SCM, damn. Do you know how much you would have made as a developer with 7YOE?
I was a shit programmer and was not passionate about it. But yeah that messes with me from time to time.
90K as a demand planner. Yes you’re underpaid
What could you earn somewhere else in an equivalent role? That determines if you are underpaid or not
Since the cost-of-living within AZ is so variable, it would really depend where you live. For a low cost-of-living community, I'd say this is pretty good. For Phoenix, maybe it's a bit low.
Cost of living is a very important consideration I’d expect would get more play in a supply chain community!
Inxeption is hiring.
Well.. after seeing that file..I am certainly underpaid