How much does an Industrial Engineer V make in Minnesota? The average Industrial Engineer V salary in Minnesota is $156,060 as of February 26, 2024, but the range typically falls between $141,618 and $171,467. Salary ranges can vary widely depending on the city and many other important factors, including education, certifications, additional skills, the number of years you have spent in your profession.

Industrial Engineer V Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Industrial Engineer V Salary $128,469 MN February 26, 2024
25th Percentile Industrial Engineer V Salary $141,618 MN February 26, 2024
50th Percentile Industrial Engineer V Salary $156,060 MN February 26, 2024
75th Percentile Industrial Engineer V Salary $171,467 MN February 26, 2024
90th Percentile Industrial Engineer V Salary $185,494 MN February 26, 2024
25% $141,618 10% $128,469 90% $185,494 75% $171,467 $156,060 50%(Median) Didn’t find job title? Click
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What skills does an Industrial Engineer V need?

Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.

1.

Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.

2.

Lean Manufacturing: Lean manufacturing or lean production is a systematic method originating in the Japanese manufacturing industry for the minimization of waste (無駄, muda) within a manufacturing system without sacrificing productivity, which can cause problems. Lean also takes into account waste created through overburden (無理, muri) and unevenness in work loads (斑, mura). Working from the perspective of the client who consumes a product or service, "value" is any action or process that a customer would be willing to pay for.[citation needed] Lean manufacturing attempts to make obvious what adds value, through reducing everything else (because it is not adding value). This management philosophy is derived mostly from the Toyota Production System (TPS) and identified as "lean" only in the 1990s.[page needed], TPS is renowned for its focus on reduction of the original Toyota seven wastes to improve overall customer value, but there are varying perspectives on how this is best achieved. The steady growth of Toyota, from a small company to the world's largest automaker, has focused attention on how it has achieved this success.

3.

Production Schedule: Is a project plan of how the production budget will be spent over a given timescale, for every phase of a business project.

Analysis 0.31%
Lean Manufacturing 0.09%
Production Schedule 0.04%
Others 99.56%

Job Description for Industrial Engineer V

Industrial Engineer V designs equipment or machine layout to coordinate activities and production planning to ensure products meet quality standards while minimizing production problems and costs. Develops and maintains manufacturing routes for maximizing space, efficiency, and effectiveness. Being an Industrial Engineer V ensures compliance with industry safety and design standards and guidelines. Typically requires a bachelor's degree of engineering. Additionally, Industrial Engineer V typically reports to a manager. The Industrial Engineer V works on advanced, complex technical projects or business issues requiring state of the art technical or industry knowledge. Works autonomously. Goals are generally communicated in solution or project goal terms. May provide a leadership role for the work group through knowledge in the area of specialization. To be an Industrial Engineer V typically requires 10+ years of related experience. (Copyright 2024 Salary.com)... View full job description

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Job Openings for Industrial Engineer V in Minnesota

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Location Avg. Salary Date Updated
Location Lakeville, MN Avg. Salary $161,237 Date Updated February 26, 2024
Location Minnetonka, MN Avg. Salary $162,243 Date Updated February 26, 2024
Location Ada, MN Avg. Salary $140,588 Date Updated February 26, 2024
Location Adams, MN Avg. Salary $151,293 Date Updated February 26, 2024
Location Adolph, MN Avg. Salary $145,811 Date Updated February 26, 2024
Location Adrian, MN Avg. Salary $134,420 Date Updated February 26, 2024
Location Afton, MN Avg. Salary $161,055 Date Updated February 26, 2024
Location Ah Gwah Ching, MN Avg. Salary $143,238 Date Updated February 26, 2024
Location Aitkin, MN Avg. Salary $144,562 Date Updated February 26, 2024
Location Akeley, MN Avg. Salary $142,636 Date Updated February 26, 2024

Career Path for Industrial Engineer V

A career path is a sequence of jobs that leads to your short- and long-term career goals. Some follow a linear career path within one field, while others change fields periodically to achieve career or personal goals.

For Industrial Engineer V, the first career path typically progresses to Industrial Engineering Manager.

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Industrial Engineer V Salary in Minnesota
Industrial Engineer V Salary Graph, Regional Distribution and Summary