Business Specialist Logistics Inventory Distribution Transportation salary in Iceland

Average Yearly Salary of Business Specialist Logistics Inventory Distribution Transportation in Iceland is approximately 6,390,088 ISK (44,581 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.

What does Business Specialist Logistics Inventory Distribution Transportation do?

A business specialist in logistics, inventory distribution, and transportation is responsible for managing the flow of goods and materials within an organization. They analyze supply chain processes, develop strategies to optimize efficiency, and ensure timely delivery of products to customers. This includes overseeing inventory levels, coordinating transportation routes, and identifying cost-saving opportunities. They collaborate with suppliers, warehouse managers, and transportation providers to ensure seamless operations and minimize disruptions. Additionally, they monitor market trends, evaluate supplier performance, and implement quality control measures to maintain high standards of service. A business specialist in this field must possess strong analytical skills, attention to detail, and excellent communication abilities to effectively coordinate logistics operations.

Skills: Business specialist, Logistics, Inventory distribution, Transportation, Supply chain management, Operations management.
Job industry: Transportation

How much does Business Specialist Logistics Inventory Distribution Transportation make?

Difference in salary year over year or average salary increase is approximately 4 %


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Salary comparison to National average

Is Business Specialist Logistics Inventory Distribution Transportation a well paid job?

No, our data shows that Business Specialist Logistics Inventory Distribution Transportation is typically not a well-paid job. The salary varies based on experience. Meaning that even though Business Specialist Logistics Inventory Distribution Transportation might be a low paying job, with experience the salary might increase to satisfactory levels.

What is considered a high salary for Business Specialist Logistics Inventory Distribution Transportation?

High salary for Business Specialist Logistics Inventory Distribution Transportation would be somewhere between 7,029,097 ISK and 9,265,628 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Business Specialist Logistics Inventory Distribution Transportation in Iceland?

Living in Iceland the approximate monthly expenses are: 2,729 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.

Estimated Yearly Salary: 6,390,088 ISK
Estimated Monthly Salary: 532,507 ISK
Estimated Weekly Salary: 122,886 ISK per week
Estimated Hourly Salary: 3,072 ISK per hour
By working as Business Specialist Logistics Inventory Distribution Transportation a person can save up to 986 USD per month or 11,835 USD yearly. Values are pre-tax.

NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.

For more information regarding expenses in Iceland, see costs of living in Iceland.

Salary comparison to region and neighbouring coutries

Country's neighbours are: Norway, Faroe Islands, United Kingdom.
To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).

Estimated Yearly Salary for Business Specialist Logistics Inventory Distribution Transportation

Last revision of data: 2025-01-04

Salary increase per years of experience

Based on data available the salary increase per years of experience is as following

0 years (beginner) equals base salary

1 to 5 years of experience yields +12% salary increase

6 to 10 years of experience yields +25% salary increase

11 to 15 years of experience yields +16% salary increase

16 to 25 years of experience yields +9% salary increase

more than 25 years of experience yields +10% salary increase

NOTE: Details based on limited set of data. Percentages may vary. The salary increase over years of experience can vary widely based on factors such as job industry, job role, location, company size, and individual performance. To gain even larger increase in salary one is advised to switch jobs and / or employer.

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Data as of 2025

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