Supply Chain Coordinator Salary
Data sourced from Career One Stop, provided by the BLS Occupational Employment and Wage Statistics wage estimates.
Annual and Hourly Supply Chain Coordinator U.S. Salary Table:
Percentile | Annual Salary | Hourly Wage |
---|---|---|
10th | $34,520 | $16.6 |
25th | $38,940 | $18.72 |
Median | $46,670 | $22.44 |
75th | $54,790 | $26.34 |
90th | $63,140 | $30.36 |
Supply Chain Coordinator Salary Overview (2024)
As a Supply Chain Coordinator, you play a vital role in the efficient management of materials and information across the supply chain. This career involves overseeing the flow of goods and ensuring that products are delivered on time while maintaining optimal inventory levels. The responsibilities can range from coordinating logistics to managing vendor relationships, all of which are essential for the smooth operation of any organization involved in the supply chain process.
Salary is a significant consideration for individuals entering or moving up within this field. Understanding the potential earnings associated with this role can help you make informed decisions about your career path and professional development. Knowledge of salary trends can also aid in negotiations when seeking new positions or promotions.
Career.Guide offers the latest salary information for Supply Chain Coordinators, leveraging data sourced from the Bureau of Labor Statistics (BLS) to provide you with an accurate and up-to-date overview of what you can expect in terms of compensation in this field. This information is essential for both prospective candidates and current professionals evaluating their career trajectory.
Best Schools to become a Supply Chain Coordinator in U.S. 2024
Valencia College
American Public University System
Fort Hays State University
Southern New Hampshire University
Michigan State University
The University of Tennessee-Knoxville
How Experience Affects Supply Chain Coordinator Salary (2024)
As a Supply Chain Coordinator, your salary can significantly vary based on your experience level. Here's how your career progression may influence your earning potential:
Entry-Level Supply Chain Coordinators
- Typically, professionals in this category are new to the field, which means they often possess limited experience and skills.
- At this stage, you may handle routine tasks such as data entry, basic order management, and supplier communication.
- Employers generally offer starting salaries that reflect the learning curve and the value entry-level employees bring, often aiming to attract talent by providing competitive packages.
Mid-Level Supply Chain Coordinators
- With several years of experience, you may take on more complex responsibilities, such as managing supplier relationships, analyzing inventory levels, and optimizing supply chain processes.
- Your growing knowledge and expertise can lead to higher salaries as you demonstrate your capability to contribute to cost-saving initiatives and efficiency improvements.
- Companies often recognize mid-level coordinators as valuable assets and may offer bonuses or additional benefits to reward your contributions.
Senior-Level Supply Chain Coordinators
- At this advanced stage, you are likely to lead teams or projects and strategically direct supply chain operations.
- Senior positions typically demand extensive industry knowledge, leadership skills, and the ability to make high-stakes decisions that can significantly influence company success.
- Due to your extensive experience and the strategic importance of your role, salaries for senior-level coordinators are substantially higher. Employers may also provide performance-based incentives and comprehensive benefits packages to retain top talent.
As you progress through these levels in your career, continuous professional development, industry certifications, and networking can also play vital roles in enhancing your salary potential.
Supply Chain Coordinator Salary By Industry (2024)
As a Supply Chain Coordinator, your salary can vary significantly depending on the industry in which you work. Here are some key sectors where this role is in high demand, along with insights into how salaries differ:
Manufacturing:
In the manufacturing sector, the complexity of sourcing raw materials, managing production schedules, and distribution logistics can lead to competitive salaries. Coordinators often deal with intricate supply lines and may have opportunities for advancement, which can contribute to higher earnings.Retail:
Retail supply chain coordinators face unique challenges due to consumer demand fluctuations and seasonal variations. Salaries in this sector can be influenced by the size of the retail company and its market position. Larger retailers or those operating on an international scale may offer more competitive salaries compared to smaller, local retailers.Healthcare:
In the healthcare industry, supply chain coordinators play a vital role in ensuring that medical supplies and pharmaceuticals are always available. The critical nature of the supplies can result in salaries that are higher than average due to the added responsibility and regulatory compliance associated with the industry.Technology:
The technology sector often demands highly skilled supply chain coordinators to manage the fast-paced movement of components and products. With rapid innovation and a focus on efficiency, the salaries in this industry can be attractive, especially for those with experience in global supply chains.Food and Beverage:
Supply chain coordinators in this industry are tasked with managing products that have a limited shelf life. As such, the urgency and precision required can influence earnings. Companies that focus on sustainability or organic products may offer unique compensation packages that reflect their operational ethos and market dynamics.Logistics and Transportation:
Salaries in logistics and transportation can vary based on the specific role and level of responsibility. Coordinators in this sector often handle shipments, inventory management, and regulatory compliance, which can lead to salary differences based on company size and operational complexities.Construction:
The construction industry may offer varying salaries for supply chain coordinators due to the project-based nature of the work. Coordinators may be involved in sourcing materials and managing timelines, with earnings impacted by the scale and profitability of construction projects.Pharmaceuticals:
Given the critical nature of supply chains in pharmaceuticals, coordinators can expect salaries that reflect the high stakes involved in ensuring product availability and safety. The specialized knowledge required often translates into higher compensation compared to other sectors.
By understanding these industry-specific salary variations, you can better navigate your career path as a Supply Chain Coordinator and make informed decisions about your professional development opportunities and potential job offers.
Factors That Affect Supply Chain Coordinator Salary (2024)
Education: A higher level of education can lead to better job opportunities and a more competitive salary. Many employers prefer candidates with a bachelor’s degree in supply chain management, business administration, or a related field. Advanced degrees, such as an MBA with a focus on supply chain logistics, can further enhance earning potential.
Certifications: Professional certifications can demonstrate your expertise and commitment to the field. Certifications such as Certified Supply Chain Professional (CSCP), Certified in Planning and Inventory Management (CPIM), or Six Sigma certifications can be appealing to employers and may positively influence salary.
Specialized Skills: Proficiency in relevant software systems, data analysis, inventory management, and project management can set you apart from other candidates. Understanding emerging technologies like artificial intelligence and blockchain in supply chain processes can also be an asset.
Company Size: The organization’s size often affects salary ranges. Larger companies tend to have bigger budget allocations for roles in supply chain management and may offer higher salaries and benefits compared to smaller organizations, which might provide greater opportunities for hands-on experience.
Location: Geographic location plays a significant role in salary levels. Urban areas or regions with a high concentration of logistics and manufacturing companies often offer higher salaries due to increased demand for supply chain professionals.
Experience Level: Your level of experience is a critical factor. Entry-level positions typically offer lower salaries, while candidates with several years of experience or those in managerial roles can command significantly higher wages.
Industry: The sector in which the company operates can impact salary. Industries such as technology, pharmaceuticals, and automotive may offer higher compensation due to their complexity and the importance of efficient supply chain operations.
Understanding these factors can help you better navigate your salary expectations and career progression as a Supply Chain Coordinator.
Supply Chain Coordinator Future Salary Trends (2024)
As a Supply Chain Coordinator, you can expect to see several factors influencing salary growth and industry demand in the coming years:
Increasing Demand for Supply Chain Professionals: With the rapid evolution of e-commerce and global trade, businesses are increasingly prioritizing efficient supply chain management. This growth is expected to lead to greater demand for professionals in the field, including Supply Chain Coordinators.
Technological Advancements: The integration of advanced technologies such as artificial intelligence, machine learning, and blockchain into supply chain processes is transforming traditional roles. As organizations adapt to these technologies, the need for coordinators who can navigate these innovations will become even more pronounced, potentially leading to higher salaries for those with the right skill sets.
Globalization of Supply Chains: As companies expand their operations internationally, the complexity of supply chains increases. This complexity requires skilled coordinators who can manage and optimize diverse supplier networks, which may positively impact salary levels as companies seek to attract top talent.
Focus on Sustainability: More companies are emphasizing sustainable practices within their supply chains. Supply Chain Coordinators with expertise in sustainable sourcing, logistics optimization, and waste reduction may be uniquely positioned for higher compensation as organizations strive to meet environmental goals.
Educational Advancements: As the demand for higher skill levels rises, supply chain professionals with advanced degrees or specialized certifications may find increased opportunities for salary growth. Continuous education and skill enhancement will be essential for staying competitive in the field.
Economic Factors: Economic trends, including inflation rates and labor market conditions, will influence salary trends. A strong economy and low unemployment rates often correspond with higher salaries as companies compete for talent.
You can expect that as the supply chain field evolves, your career trajectory as a Supply Chain Coordinator will likely reflect these trends in salary growth and job opportunities.
Supply Chain Coordinator Salary Frequently Asked Questions (FAQs)
What factors influence the salary of a Supply Chain Coordinator?
The salary of a Supply Chain Coordinator can be influenced by several factors, including your level of education, years of experience in the field, geographic location, and the size and industry of the company you work for.Is there a difference in salary based on industry?
Yes, different industries may offer varying salary scales for Supply Chain Coordinators. Industries like manufacturing, technology, and healthcare might provide higher compensation compared to others.How does experience impact salary?
Generally, as you gain more experience in supply chain management, your salary tends to increase. Entry-level positions may offer lower salaries than those requiring several years of expertise.Do Supply Chain Coordinators receive bonuses or incentives?
Many companies offer performance-based bonuses and incentives that can augment a Supply Chain Coordinator’s base salary. These may depend on meeting certain targets or overall company performance.Are there opportunities for salary growth in this career?
Yes, there is potential for salary growth in this career. With further education, certifications, or advancement into senior roles, you can expect your compensation to increase over time.What educational background is preferred for higher salaries?
Generally, a bachelor’s degree in supply chain management, logistics, business administration, or a related field is preferred. Advanced degrees or certifications such as APICS or Six Sigma can help increase your earning potential.How does location affect salary for Supply Chain Coordinators?
Geographic location plays a significant role in salary differences. Areas with a higher cost of living or a greater concentration of companies in need of supply chain expertise may offer higher salaries.What skills can enhance salary prospects for a Supply Chain Coordinator?
Developing skills in areas such as data analysis, project management, vendor management, and proficiency in supply chain software can enhance your employability and salary potential.Are there certifications that can increase my salary as a Supply Chain Coordinator?
Yes, obtaining industry-recognized certifications can improve your qualifications and often lead to higher salary opportunities. Certifications in supply chain logistics, project management, and inventory management can be particularly beneficial.What are typical benefits associated with the Supply Chain Coordinator position?
In addition to salary, benefits for Supply Chain Coordinators often include health insurance, retirement plans, paid time off, and occasionally, incentives like travel opportunities or flexible working conditions.