How to Make 6 Figures As A Supply Chain Manager? (11 Best Ways in 2024)
So you want to make six figures as a supply chain manager? Good for you! Being a supply chain manager is a highly respectable and well-paid profession, and there's no reason why you can't earn a high income if you put your mind to it.
In this blog post, we'll look at some of the best ways to make more money as a supply chain manager - business ideas you can start to achieve such income. Keep reading to learn more!
1. Start a career coaching business ($48.5K/month)
Starting a career coaching business could provide a lucrative supplemental income for a supply chain manager. By leveraging your extensive knowledge and experience in the industry, you could offer personalized guidance on resume building, interview prep, and professional development tailored to each client's career aspirations.
This venture allows you to set your own schedule, conduct sessions in-person or virtually, and monetize your natural speaking talents and human resources expertise. Not only could this diversify your income, but it could also position you as a thought leader in both the supply chain and career coaching fields, potentially pushing your earnings into the six figures.
How much you can make: $1,000 — $235,000/month
How much does it cost to start: $1,500 (?)
How long does it take to build: 60 days (?)
Wall Street Oasis, the largest online community focused on careers in finance, has over 100 million visitors during its 14-year history and is currently receiving over 2 million visits per month, offering interview courses and mentorship services, in addition to building and investing in a thriving online community.
2. Start a blog ($44.9K/month)
Starting a blog could be an excellent way for you as a supply chain manager to supplement your income or even create a new, lucrative business. By sharing your industry insights, strategies, and experiences, you could attract a broad audience interested in supply chain management. With blogs being one of the most trustworthy sources of information online and attracting millions of readers monthly, you'll have a significant opportunity to monetize through advertisements, sponsored content, and even online courses or consulting services.
Moreover, the location-independent nature of blogging offers flexibility, allowing you to work on content at any time and from anywhere. Given that blogging is a highly profitable career option today, by effectively leveraging digital marketing techniques and engaging your audience consistently, you could potentially transform your blog into a six-figure income stream. Choose a niche within supply chain management that you’re passionate about, develop a robust content strategy, and maintain regular blog posts to keep your audience hooked.
How much you can make: $100 — $650,000/month
How much does it cost to start: $500 (?)
How long does it take to build: 30 days (?)
Time commitment per week: Min. 5 hours/week
Learn how one couple created a successful personal finance blog, The Savvy Couple, that now makes over $20,000 per month and has sold thousands of digital workbooks and courses, by focusing on purposeful content and optimizing their ROI with efficient time management.
3. Start a freelance writing business ($65.5K/month)
Starting a freelance writing business could help you make six figures as a supply chain manager by allowing you to supplement your primary income with lucrative writing projects. With your industry knowledge, you could carve out a niche writing about supply chain topics for trade publications, company blogs, and industry reports, offering high-value content that commands premium rates.
Freelance writing also provides the flexibility to define your work schedule, enabling you to balance your full-time job with writing assignments during your free time. This additional income stream could become substantial, especially if you consistently meet deadlines, stay updated with current writing trends, and leverage your strong writing and communication skills.
How much you can make: $700 — $500,000/month
How much does it cost to start: $500 (?)
How long does it take to build: 56 days (?)
How David Tile turned a freelance writing gig into an $80k/month business, discussing lessons learned through managing growing demands and maintaining a remote team operation.
4. Start an ecommerce store ($287K/month)
Starting an ecommerce store could provide supply chain managers with a lucrative way to supplement their income or even develop a new primary revenue stream. The online retail boom offers unparalleled opportunities to leverage your expertise in inventory management, logistics, and supplier relations to create a streamlined and efficient online business. You'll be well-positioned to minimize costs and maximize profitability, given your industry knowledge.
With lower overhead costs and the ability to reach a global audience, an ecommerce business can yield significant profits. By setting up a user-friendly website, utilizing payment processing software, and managing your inventory with specialized software, you could tap into the growing demand for online shopping. This entrepreneurial venture could help you achieve and surpass the six-figure income mark while allowing you to capitalize on your existing skill set.
How much you can make: $350 — $13,500,000/month
How long does it take to build: 120 days (?)
Time commitment per week: Min. 5 hours/week
Southern Elegance Candle Company, founded by D'Shawn Russell, started as a side hustle making around $200 per weekend at a local Farmers Market, but now averages approximately $20,000 per month in sales across their retail site, wholesale site, and Faire.
5. Become an affiliate marketer ($55.3K/month)
As a supply chain manager, you could supplement your income by becoming an affiliate marketer. This venture allows you to promote other companies' products or services online and earn a commission for every sale made through your referral.
It's an appealing low-cost business idea since you don't need to create or own the products yourself. Instead, you could leverage your marketing skills to drive traffic to these products, relying on your ability to analyze data and optimize processes—skills you already use daily in supply chain management.
Starting is simple: sign up for affiliate programs in your chosen niche, get approved, and start sharing unique tracking links provided by the company. These links help track sales generated through your efforts, ensuring you earn a commission for each successful referral. This side business model has minimal upfront investment, making it a budget-friendly option to boost your overall earnings.
How much you can make: $18,000 — $83,000/month
How much does it cost to start: $100 (?)
How long does it take to build: 150 days (?)
This case study explores how Spencer Mecham founded Buildapreneur, an affiliate marketing business, and has made over half a million dollars in profit with no employees, relying solely on content marketing through platforms like Facebook, YouTube, and TikTok.
6. Digital products ($261K/month)
As a supply chain manager, you could tap into the lucrative market of digital products to supplement your income and potentially reach six figures. Digital products are highly rated and easy to create and share, making them a great way to build a side business. You could develop software-based products like apps that streamline supply chain operations or create information-based products such as ebooks or online courses that offer industry insights and best practices.
Given your expertise, you could also create a membership site or community for other supply chain professionals, providing valuable resources and networking opportunities. The beauty of digital products is that there's no inventory risk, and they can be sold directly from your website, creating a seamless sales process. By leveraging your industry knowledge and the high demand for digital solutions, the possibilities for additional income are endless.
How much you can make: $10,417 — $1,766,666/month
How much does it cost to start: $5,000 (?)
How long does it take to build: 60 days (?)
FilterGrade is an eCommerce platform offering digital assets such as photo filters and video templates; attracting over 450,000 monthly users and generating approximately 30k a month, the founders worked hard to build a valuable marketplace for creators while focusing on digital marketing, partnerships, and content creation.
7. Start a social media marketing agency ($116K/month)
Starting a social media marketing agency could be an excellent way to supplement your income as a supply chain manager and help you achieve six-figure earnings. Given the flexibility it offers, you could manage it part-time while leveraging automation tools to optimize your time effectively. Creating a solid social media marketing strategy and building a portfolio will allow you to attract and serve customers efficiently.
This side business could provide additional financial security, whether you're aiming to pay off utility bills, finance your children's education, or save for a vacation. The entrepreneurial aspect of starting a social media marketing agency aligns well with the skills you already possess in planning, execution, and management. Thus, it's a viable avenue to boost your earnings while continuing to thrive in your primary career.
How much you can make: $1,000 — $500,000/month
How much does it cost to start: $7,500 (?)
How long does it take to build: 60 days (?)
Time commitment per week: Min. 30 hours/week
How David Tile turned a freelance writing gig into an $80k/month business, discussing lessons learned through managing growing demands and maintaining a remote team operation.
8. Create an online course ($91.9K/month)
Starting an online course could help you make six figures as a supply chain manager by leveraging your expertise to fill educational gaps in the field. By creating and selling digital classes that delve into specialized knowledge and industry best practices, you could reach a global audience of professionals eager to enhance their skills. This venture can offer you passive income potential through self-paced or cohort-based structures, providing flexibility and steady revenue.
For entrepreneurial-minded supply chain managers who enjoy sharing information, launching an online course platform is a lucrative opportunity to monetize your instructional talents. With relatively small startup costs, you could develop engaging video lessons and supplementary materials to serve eager lifelong learners seeking convenient access to emerging industry topics. By building a loyal student base, you could generate a significant side income, potentially pushing your earnings into the six-figure range.
How much you can make: $350 — $1,000,000/month
How much does it cost to start: $2,000 (?)
How long does it take to build: 88 days (?)
Learn how one couple created a successful personal finance blog, The Savvy Couple, that now makes over $20,000 per month and has sold thousands of digital workbooks and courses, by focusing on purposeful content and optimizing their ROI with efficient time management.
9. Start a youtube channel ($146K/month)
Starting a YouTube channel could be an excellent way to supplement your income as a supply chain manager, leveraging your industry knowledge to create valuable content for a wide audience. By sharing tips, strategies, and trends related to supply chain management, you could attract a dedicated following of professionals and students seeking insights from an expert. Over time, meeting the threshold of 1,000 subscribers and 4,000 watch hours within the last 12 months could allow you to join the YouTube Partner Program and monetize your content.
Beyond ad revenue, your channel could open doors to additional revenue streams such as sponsored content, affiliate marketing, and consulting opportunities. Sharing your expertise through engaging videos could position you as a thought leader in the field, expanding your professional network and potentially leading to more lucrative career opportunities. With persistence and quality content, your channel could grow to become a significant income stream, thereby helping you reach a six-figure income.
How much you can make: $800 — $1,000,000/month
How much does it cost to start: $750 (?)
How long does it take to build: 90 days (?)
Time commitment per week: Min. 5 hours/week
Learn how this entrepreneurial couple made $5-7k a month by helping others find legitimate work from home jobs and creative ways to make money online through their blog and YouTube channel, as well as offering two flagship products designed to help beginner freelancers and new bloggers accelerate growth.
10. Start a podcast ($97.9K/month)
Starting a podcast could be a lucrative way to supplement your income as a supply chain manager. By creating and producing audio content centered around supply chain management, you could share industry insights, interview experts, and provide valuable advice to a community of professionals. This not only establishes you as an authority in the field but also allows you to build a loyal audience.
With a minimal initial investment in basic recording equipment and a hosting platform, you could launch your podcast and gradually grow your listener base. As your audience expands, you could attract sponsors and advertisers, generating additional income streams. Moreover, the podcast could open up new networking opportunities and pathways to consulting gigs or even paid speaking engagements, adding to your overall earnings potential.
How much you can make: $400 — $1,020,000/month
How much does it cost to start: $2,000 (?)
How long does it take to build: 60 days (?)
Time commitment per week: Min. 2 hours/week
A successful podcast production company that grew from one client making $15/hour to a team of 10 contractors producing over 30 shows per week with revenue of over $10k/mo, primarily through referrals and with a focus on providing high personal touch and being picky about working only with clients who are a good fit.
11. Become a social media influencer ($57.4K/month)
Supplementing your income as a supply chain manager by becoming a social media influencer could be an excellent way to make six figures. By leveraging your expertise and industry insights, you could create valuable and engaging content on platforms like LinkedIn, YouTube, and Instagram. Brands are increasingly looking for influencers with established credibility in niche domains, and your professional background makes you a prime candidate.
In this entrepreneurial endeavor, you could focus on creating content that encompasses supply chain innovations, best practices, and industry trends, thereby attracting a follower base that trusts your recommendations. This would not only help you monetize through brand partnerships, sponsored content, and affiliate marketing but also enhance your personal brand, potentially opening doors for consulting gigs and speaking engagements. With the right strategy and consistent quality content, you could substantially boost your earnings, transforming your side hustle into a significant revenue stream.
Consider starting with a content schedule to maintain consistency and collaborating with other influencers or brands to extend your reach. Establishing yourself as a thought leader in supply chain management can be lucrative, given the increasing reliance of companies on social media to connect with their audiences.
How much you can make: $2,500 — $166,666/month
How much does it cost to start: $800 (?)
How long does it take to build: 155 days (?)
How one mother built a profitable frugal motherhood, life, and travel blog from scratch, using Instagram, Pinterest, and paid sponsorships to grow from 0 to 18.5K followers and generate $1,500-$3,000 per month in less than two years.
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Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
