ASCM 2020 Salary & Career Survey Show Supply Chain Field as Rewarding with High Salaries and Job Satisfaction
Variety of job levels and functions in high demand offer opportunities for those seeking more stable employment
The Association for Supply Chain Management (ASCM) released the results of its 2020 Supply Chain Salary and Career Survey Report. The data collected from over 2,400 U.S. supply chain professionals shows that, in addition to offering high salaries and good benefits, a career in supply chain offers job fulfillment, opportunities for advancement and variety of work. Furthermore, an overwhelming majority (88%) of respondents have a positive outlook on their careers, and 85% say that they would recommend working in supply chain to those in other industries.
The supply chain process, often invisible to consumers, moves products from their origin to manufacturers, distributors and customers. The COVID-19 pandemic has put supply chain in the spotlight as people now realize the crucial role it plays in maintaining the flow of goods and services. Prior to COVID-19, the U.S. Bureau of Labor Statistics estimated that demand for supply chain professionals exceeded supply by a ratio of six to one. As the workforce is reshaped by this pandemic, the need for supply chain professionals will only continue to grow.
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“The role of the supply chain professional has evolved into a strategic imperative essential for every aspect of a company’s operations to provide the goods and services needed for the economy to thrive,” said ASCM CEO Abe Eshkenazi, CSCP, CPA, CAE. “While supply chain professionals have always known their work was contributing to something bigger than themselves, consumers are now more keenly aware of the direct impact supply chain has on their daily lives.”
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