30th Annual Salary Survey: Reeling in the talent
April 01, 2014
Terry McDorman, CEO of MGRM Associates, an executive recruiting firm in Chicago, agrees that for young men and women, a career path in the logistics and supply chain industry is showing new signs of life. “Salary levels, particularly in the logistics and supply chain engineering sector, have increased dramatically, and it’s about time,” he says.
According to McDorman, the general impetus behind the increase is that shippers and their companies are finding substantial opportunities for cost savings when fresh human talent is brought aboard to manage inventory, procurement, and optimized transportation service.
“This is not just about the transportation sector anymore, but has ramifications in the areas of assembly, warehousing, and distribution as well,” says McDorman. “It’s no longer a matter of which carrier gets it there on time and at the lowest cost. Today, a logistics manager has far more responsibilities.”
Meanwhile, selling the most gifted and driven young professionals on this industry remains a goal shared by both Fortune 500 companies and our leading institutions of higher education.
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