The supply chain manager is responsible for dealing with a proper and professional operation management system, marketing channels, procurement, and logistics of the company and organization they are working in. They are responsible for managing, coordinating, organizing, and setting up a setup so that the raw materials are successfully converted into final products and are delivered to the customers finely.
Well, the average salary of supply chain managers in South Africa is R 31366 per month. It becomes R 443005 per year and R 8106 per week. In this article, we will talk specifically about supply chain managers, their salary in South Africa, their professional responsibilities, and the factors that play an essential role in depicting their wages as supply chain managers.
Supply Chain Management Salary In South Africa
A supply chain management degree has a good scope in South Africa and the person working in this field can earn a handsome amount of money. The average salary of a supply chain manager revolves around R 31366 per month.
Compared to the salary of a supply chain manager in America, this salary shows a vast difference between the two. The average salary of a financial advisor and manager in America is $7900 per month, which becomes 149,368 South African Rands. This data tells us that supply chain managers can get a lot more salary while working in America than working in South Africa.
The salary can increase with an increase in experience so you don’t have to worry about getting low income at the beginning of your career. Research says that the average pay you get at the very start of your career as a supply chain manager doubles up with time and as you get more experience in the field.
What Are The Responsibilities Of A Supply Chain Manager?
The supply chain manager is one of the employees in the company who is in charge of monitoring every step of the company’s supply chain. He has to create a personalized strategy to manage the company’s supply chain and monitor it.
The basic aim of supply chain managers is to maximize efficiency and productivity by minimizing costs and keeping in mind the company’s reputation by producing high-quality products. They must analyze the supply chain data and have to work to develop and keep a check on the logistics of the company.
They also maintain the inventory and train and supervise the employees to work for the progress of the whole organization. Moreover, supply chain managers also collaborate with suppliers and vendors to ensure that all of the operations in the company such as shipping, packaging, and delivery are fulfilling the safety and quality standards.
What Factors Are Responsible For Depicting The Salary Of Supply Chain Managers?
Although the average salary of a supply chain manager in South Africa is quite good and reasonable, if you want to get a higher salary, you need to make sure that you have professional experience working as a supply chain manager before. Similarly, certain other factors are responsible for depicting the salary of a supply chain manager.
These factors mainly include the level of industry you’re working in, your education level, your certifications, experience, and the location where the industry is settled. Research says that these factors play a noticeable role in depicting the salary of supply chain managers.
Education And Professional Certifications
Higher-income is directly proportional to a higher educational degree. If you want to get a greater income, you need to ensure that you have a higher degree in your education. Those with an MBA or Master’s in supply chain management get a salary and can work on a higher post than those with only graduate degrees.
With more experience, you can automatically increase your wage. The candidate’s performance is one of the major factors influencing the candidate’s salary. If you are a skilled professional in your field and you have years of experience, you will get a great job as a supply chain manager and will get a good salary.
Location Where Your Industry Is
Because of the difference in the cost of living, financial situation, and the need for talent in different areas, the salary is also different for the same post. If you are working in one of the major cities in the country, your salary would be greater than those of supply chain managers working in other smaller and rural areas.
Company You Are Working In
Companies like healthcare, manufacturing, and technology pay much more than smaller industries. This is because of the size of the supply chain operations. So if you have a degree, you’re skilled enough, and want to get a good salary, make sure you are applying in one of the renowned and major industries in the country.
Does the experience level affect the salary of a supply chain manager?
Yes, those supply chain managers who are just starting their career and have less than or equal to 1 year of experience get notably lower salaries than those with 5 to 10 years of experience. Similarly, if you have a higher experience, for example, 10 years or more, you will get a very good income in this post.
What skills supply chain managers should have?
They should have problem-solving skills firsthand as they have to handle several supply chain issues and solve the problems beneficially. They should know how to analyze complicated data and the basic education of logistics, operation management, technology, and demand and supply.
What certificate is better for a supply chain management job?
If you want to apply for a supply chain management job, you need to make sure that you have specific official certificates with you. The main certificates include the certificate of production management, the certificate for production and inventory management, and the certificate for supply chain professionals. Having more relevant certificates will help you get a good job.
What factors impact supply chain manager salaries?
The essential factors that impact supply chain manager salaries include experience, education, the industry you’re working in, and the location where your industry is located. If you have more experience and a higher education level, you will get a good job.
In what areas supply chain managers can work?
Supply chain managers can work as logistic coordinators, procurement assistants, supply chain supervisors, and supply chain directors. With the education of supply chain management, you can also get jobs on the posts involving supervisory and managerial roles.
The average salary of supply chain managers in South Africa is R 443,005 annually. The salary depends upon several factors, including the educational level, professional experience, certificates you have, the area where your industry is located, and in what industry you are working. This article tells you everything about supply chain managers: their key responsibilities and what factors depict their salary so you can keep them in mind while selecting this profession.