With more than 40.000 members, The Association for Supply Chain Management (ASCM) is the biggest community of Supply Chain professionals. They received more than 1,700 responses to their 2019 survey, which gives us a good idea of the current trends within the Supply Chain business. On a global scale, Supply Chain wages have increased by 4.2% compared to the last few years, so the ASCM- salary survey tells us.
Interesting career opportunities
The survey not only shows that the salaries are on the rise, it also shows that the Supply Chain sector is very stable working environment that offers a lot of career opportunities. More than a quarter of the employees either got a promotion or moved laterally within their company the last year.
A well-respected balance
Looking at the work/life balance, 80% of the people in Supply Chain have let us know that this balance is well respected. Flexible schedules and homework are a possibility. Especially in this global pandemic, Supply Chain professionals have been able to remain active as companies rely more than ever on the flexibility of their Supply Chain.
It's also nice to notice that the salary gap between men and women is narrowing and is almost non-existent below the age of 40.
APICS is still an industry standard: employees with an APICS certification globally earn on average 25% more than employees without APICS certification.
The future seems to be very bright for Supply Chain professionals. Rising salaries, ample career opportunities make Supply Chain jobs very attractive. Moreover, we also see that key positions within the company are being filled by people with a background in Supply Chain.