More Answers From Logistic Professionals
Logistics Salary Facts
$77,030 per year
$37.03 / hr.
$45,160 – $122,390
Job Growth (Proj.):
28% Per Year
Average Salaries in Logistics Careers
It is difficult to provide an exact average salary for someone with an associates, bachelors, or masters level degree in logistics, as logistic degree salary ranges can vary widely based on factors such as the specific industry, company, location, and an individual’s level of education, experience, and skills. However, once the question of salary is narrowed to a specific job, average salary data becomes more useful. Below are the average salaries for common jobs within the logistics industry:
Average Industrial Engineer Salary: According to the U.S. BLS, the median yearly salary for industrial engineers was $87,040 in May 2020. However, this figure does not take into account the specific level of education or any additional experience or skills an individual may have. BLS also notes that those in the top 10% of earners in this field made more than $123,790 per year, while those in the bottom 10% made less than $54,470 per year.
Average Logistics Manager Salary: Logistics managers are responsible for the planning and coordination of supply chain operations. They oversee the transportation, storage, and distribution of goods and materials, and work to optimize supply chain processes for efficiency and cost savings. Logistics managers typically earn high salaries, with the average salary for a logistics manager in the United States being around $74,000 per year.
Average Logistics Coordinator Salary: Logistics coordinators are responsible for coordinating the movement of goods and materials, and ensuring that deliveries are made on time and within budget. They typically earn lower salaries than logistics managers or supply chain directors, with an average salary of around $49,000 per year.
Average Operations Manager Salary: According to data from the Bureau of Labor Statistics (BLS), the median annual wage for operations managers in the United States was $100,580 in 2020. This means that half of all operations managers earned more than this amount, and half earned less. The BLS data also shows that the lowest 10% of operations managers earned less than $58,940 per year, while the highest 10% earned more than $164,590 per year.
Average Procurement Manager Salary: Procurement managers are responsible for purchasing goods and services for a company, and for negotiating contracts and pricing with suppliers. They work to ensure that the company obtains the best value for its purchases. The average salary for a procurement manager is around $81,000 per year.
Average Project Manager Salary: According to the U.S. Bureau of Labor Statistics (BLS), the median annual salary for project managers was $116,250 in May 2020. However, this figure does not take into account the specific level of education or any additional experience or skills an individual may have. Additionally, the BLS notes that those in the top 10% of earners in this field made more than $182,460 per year, while those in the bottom 10% made less than $56,990 per year.
Supply Chain Director
Supply Chain Director
Average Supply Chain Director Salary: Supply chain directors are responsible for the overall management of the supply chain, from procurement to delivery. They work to develop and implement strategies to improve the efficiency of supply chain processes and reduce costs. Supply chain directors typically earn even higher salaries than logistics managers, with an average salary of around $123,000 per year.
Supply Chain Manager
Average Supply Chain Manager Salary: Supply chain managers are responsible for overseeing the entire supply chain process, from procurement to delivery. They work to optimize supply chain processes for efficiency and cost savings, and to ensure that customer needs are met. The average salary for a supply chain manager is around $92,000 per year.
Average Transportation Manager Salary: Transportation managers are responsible for overseeing the movement of goods and materials, and for ensuring that deliveries are made on time and within budget. They work to optimize transportation processes for efficiency and cost savings. The average salary for a transportation manager is around $74,000 per year.
What Our Experts Say About Logistics Salary
Most supply chain professionals with 3 to 5 years of experience at a high level can easily expect $100,000. And I think a master’s degree should increase your salary by 20 to 30%, potentially 50% more long term.
An average entry level supply chain salary would be around $60,000 for supply chain majors. Also, if you get a master’s degree, I think you could also raise it by at least $10 to 20k starting at $70k plus.
Nowadays you’re in the starting salary range of $60,000. If you’re in procurement, about $80,000 or $90,000. And top level executives make $200,000 or $300,000.