Supply Chain Specialist salary in Iceland

Average Yearly Salary of Supply Chain Specialist in Iceland is approximately 11,801,885 ISK (82,572 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 Supply Chain Specialist do?

A supply chain specialist is responsible for managing the entire supply chain process, from planning and procurement to distribution and logistics. They analyze data and trends to optimize inventory levels, reduce costs, and improve overall efficiency. This occupation requires strong analytical skills to identify areas for improvement and implement strategies to enhance supply chain operations. Supply chain specialists collaborate with suppliers, vendors, and internal teams to ensure timely delivery of goods and services. They monitor inventory levels, track shipments, and resolve any issues that may arise during the supply chain process. Additionally, they stay updated on industry regulations and best practices to ensure compliance and mitigate risks. Overall, a supply chain specialist plays a crucial role in streamlining operations, reducing costs, and maintaining customer satisfaction.

Skills: Supply Chain Management, Logistics, Procurement, Inventory Management, Data Analysis, Operations Optimization
Job industry: Logistics

How much does Supply Chain Specialist make?

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


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Salary comparison to National average

Is Supply Chain Specialist a well paid job?

Yes, our data shows that Supply Chain Specialist is a well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.

What is considered a high salary for Supply Chain Specialist?

High salary for Supply Chain Specialist would be somewhere between 12,982,074 ISK and 17,112,733 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Supply Chain Specialist 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: 11,801,885 ISK
Estimated Monthly Salary: 983,490 ISK
Estimated Weekly Salary: 226,959 ISK per week
Estimated Hourly Salary: 5,674 ISK per hour
By working as Supply Chain Specialist a person can save up to 4,152 USD per month or 49,826 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 Supply Chain Specialist

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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