Over the last six months of 2017, there has been an increase in demand for supply chain and procurement professionals in Singapore and across Southeast Asia. We have witnessed a particular increase for mid-level positions within the supply chain industry.
High demand for logistics, warehousing and strategic executives
Roles across logistics, end-to-end supply chain and warehousing have all been in demand, reflecting the transformation that retail supply chain has been going through for the year 2017.
Large global players such as Amazon and Alibaba have begun expanding into the region, and traditional retail and FMCG organisations have been increasing their omnichannel and e-commerce offerings. This has led to the continued high demand for warehousing, logistics and senior strategy executives.
Both the healthcare and manufacturing industries have seen an increase in demand for supply chain and procurement professionals. We have also seen an increased demand for these professionals within commodities and maritime firms. However, the demand for supply chain and procurement talent in the oil and gas market still seemed relatively sluggish by comparison.
Similar trends in H2 2017 to continue into H1 2018
In the months ahead in 2018, we expect the demand for supply chain and procurement professionals to continue with similar trends that we have seen in the second half of 2017.
We also expect to see a continuing demand for these professionals in markets across Southeast Asia, as organisations look to build their supply chain and procurement functions outside of Singapore in order to more effectively serve the larger consumer markets.
Supply Chain & Procurement
Salary Report for H1 2018*
*Notes about salary table:
- Titles and levels vary from organisation to organisation.
- The salary ranges given are only approximate guides. For tailored salary advice, please contact us directly.
- 12-month base salaries are assumed.
- All other benefits and bonuses are in addition to these figures.
- Bonus ranges can vary significantly from company to company and will be influenced by market conditions, business and individual performances. Bonus ranges from 1 month at the low end to 100%+ at the upper.
- Holiday entitlements range from 12–25 days with senior executives not usually receiving less than 18 days. Less than 15 is very rare and 20 days is becoming the norm.
- Healthcare policies are standard.
- Pension plans vary with some companies offering greater than the standard contribution. Top up schemes can increase employer contribution levels as much as 15– 20% of the base salary for senior executives.