Value Stream Supervisor salary in Iceland

Average Yearly Salary of Value Stream Supervisor in Iceland is approximately 13,406,740 ISK (94,163 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 Value Stream Supervisor do?

A value stream supervisor is responsible for overseeing and optimizing the flow of materials, information, and processes within a company's value stream. They ensure that all activities are aligned with the organization's goals and objectives, aiming to eliminate waste and improve overall efficiency. This role involves analyzing current processes, identifying bottlenecks, and implementing strategies to streamline operations. A value stream supervisor collaborates with various departments, such as production, supply chain, and quality control, to identify areas for improvement and implement continuous improvement initiatives. They also monitor key performance indicators (KPIs) to measure and track progress, making data-driven decisions to enhance productivity and reduce costs. Strong leadership, problem-solving, and communication skills are essential for this role.

Skills: Value Stream Supervisor, Lean Manufacturing, Process Optimization, Continuous Improvement, Supply Chain Management, Performance Metrics
Job industry: Manufacturing

How much does Value Stream Supervisor make?

Difference in salary year over year or average salary increase is approximately 3 %


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Salary comparison to National average

Is Value Stream Supervisor a well paid job?

Yes, our data shows that Value Stream Supervisor 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 Value Stream Supervisor?

High salary for Value Stream Supervisor would be somewhere between 14,747,414 ISK and 19,439,773 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Value Stream Supervisor 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: 13,406,740 ISK
Estimated Monthly Salary: 1,117,228 ISK
Estimated Weekly Salary: 257,822 ISK per week
Estimated Hourly Salary: 6,446 ISK per hour
By working as Value Stream Supervisor a person can save up to 5,118 USD per month or 61,417 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 Value Stream Supervisor

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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