Would $106,152 be too much to pay the people who matter most when it comes to keeping the nation’s supply chain running? No, that amount is what a typical supply chain manager earns, according to the 2014 Supply Chain Salary Survey from Material Handling & Logistics.
As the supply chain goes, so goes the country, to coin a phrase, and in this era of stagnant-at-best economic growth, there’s the very real sense that it’s mainly thanks to the skills of the men and women piloting the supply chain that the United States is as resilient as it is. Indeed, during the depths of the recent Great Recession, when most companies were retrenching into survival mode, a number of prescient companies proactively sought out and hired top supply chain talent. Having a foundation of excellence built on the best talent is, according to Ted Stank with the University of Tennessee, “the number one requirement for transforming a supply chain.”
Read more about the face of the supply chain on Material Handling & Logistics.
Material Handling & Logistics is an NED companion site within Penton’s Manufacturing & Supply Chain Group.