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A normal business-minded individual could look for the highest-paying Supply Chain Jobs in the world. This necessitates competent study to compile correct facts.
However, in this case, we have a professional supply change manager who examined and assisted with this content for the correct information.
As a result, we would be discussing supply chain management, his or her duties, and the remuneration of a supply chain manager.
But first, we need to know who a supply chain manager is.
Who is a Supply Chain Manager?
The supply chain manager tries to minimize shortages and keep costs down. The job is not only about logistics and purchasing inventory.
According to Salary.com, a supply chain manager, “oversees and manages the overall supply chain and logistics operations to maximize efficiency and minimize the cost of the organization’s supply chain.”
Supply chain managers work in a variety of industries including manufacturing, aerospace, defense, and energy. They work for both large and small companies.
A classic example of a supply chain manager’s function might be finding the best price and quality for components in a consumer product like an iPhone.
A supply chain manager can also oversee operations such as by managing processes for shipping and warehousing.
What Is The Duty Of A Supply Chain Manager?
The Supply Chain Manager must oversee the following;
What is the Salary of a Supply Chain Manager?
According to Glassdoor, the annual salary range for a supply chain manager falls between $44,000 and $85,000 with an average of $61,915.
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Bonuses are not uncommon in this field. With bonuses, the annual average compensation for a supply chain manager is $99,000 with top performers able to earn much more.
The outlook for these jobs has been and should continue to be strong as business becomes increasingly global.
With all these said, let’s take a look at our highest-paying supply chain jobs.
Highest Paying Supply Chain Jobs in the World
Here are some of the highest-paying supply chain job opportunities of which you might not have been aware:
1. Vice President, Supply Chain Management
As the vice president of the supply chain management sector, you are entitled to the general supervision of the overall work of all other sectors of the company in the supply chain market.
Hence you are entitled to an average salary of $155,118.
2. Logistics Manager
The job of the Logistics manager just as the name implies is to be in charge of the proper service and development of the logistics sector of any supply chain industry.
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Hereby accessing an average salary of $104,827
3. Configuration Analyst
In engineering, a configuration analyst manages changes to relevant technical documents for high-tech equipment. They are often responsible for the timely completion of important projects, within established budgetary constraints.
Furthermore, this job requires both logistical skills and the relevant technical skills of the industry concerned.
It is a fast track to an administrative position, which adds the responsibility of establishing standards and protocols by which complex engineering procedures may be changed (as opposed to implementing changes).
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As a configuration analyst, you can expect a median salary of more than $120,000 per year.
4. Senior Level Landman
At the pre-administrative level, this job grants a median salary of approximately $115,000 per year. It is concerned with land rights, including the existing ownership of places of interest, and their availability for purchase or lease.
A Landman is also accountable for negotiating agreements for land use and for the extraction of valuable resources.
At the senior level, this position fuses the assurance of compliance with all relevant government agencies; this is approximately halfway up the career ladder, with additional steps incorporating a higher salary and greater responsibility.
5. Supply Chain Consultant
Next on our Top 10 list of highest-paying supply chain jobs is the Supply chain Consultant. This position is a technical subject matter expert of the JDA system and acts as the system liaison with IT.
He/she is also responsible for partnering/supporting the implementation and integration of the system enterprise-wide, and then for continuous systems improvements.
Furthermore, a supply chain consultant advises and educates business users about system functionality.
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A Supply Chain Consultant must be analytical and possess good data mining skills to search for relationships between different parameters and present/validate findings. A supply chain consultant earns $81,000 annually.
6. Distribution Center Manager
Ideally, commercial distribution companies don’t move goods from point A to point B directly. Instead, they pass through hubs, which organize and filter the process.
These distribution centers demand a strong background in logistics and materials handling and may maintain a wide range of businesses.
A distribution center’s manager ensures that things stay organized on-site and also handles the plant’s day-to-day operations. This is a very challenging but rewarding position, with an opening salary expectation of about $80,000 per year.
7. Business Operations Specialist
This career path incorporates a broad range of occupations and skill sets, any of which are improved through the existence of a strong logistical focus.
A specialist in business operations may be in charge of planning business strategies, consulting with customs officials on behalf of an international corporation, implementing security standards, or auditing the efficiency of a business’s sustainability initiatives.
With a related logistics degree, the professional operations specialist can expect to demand a starting salary of $74,000 or more per year.
8. Fleet Manager
A fleet manager works for a commercial shipping business, supervising the maintenance and scheduling concerns of the company’s motor vehicles, and ensuring compliance with all Department of Transportation regulations.
Instead of being hands-on, the fleet manager is largely bureaucratic, making sure that every driver can get to where they need to be at the right time.
Logistical skills are needed for this position, and a relevant degree can help with elevating that optimum starting salary of a little more than $71,000 per year.
9. Procurement Agent
Procurement agents buy products and services for organizations to use or resell. They evaluate suppliers, negotiate contracts, and review the quality of products. They go home with a yearly salary of $68,000.
10. Logistics Coordinator
Last but not least on our list of highest-paying supply chain jobs, Logisticians analyze and coordinate an organization’s supply chain—the system that moves a product from supplier to consumer.
They manage the entire life cycle of a product, which includes how a product is acquired, distributed, allocated, and delivered.
They earn an average salary of $46,000.
Read also: Highest Paying Summer Jobs for College Students
Conclusion
When it comes to thriving in business, efficiency is key. As companies increasingly source their products along a multi-national pipeline, they’re in greater need of supply chain managers who can optimize that pipeline.
These experts, in turn, define the growth and promotion of a particular business venture.
