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Allocation analyst vs merchandise planner

The differences between allocation analysts and merchandise planners can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 4-6 years to become an allocation analyst, becoming a merchandise planner takes usually requires 2-4 years. Additionally, a merchandise planner has an average salary of $69,460, which is higher than the $65,773 average annual salary of an allocation analyst.

The top three skills for an allocation analyst include allocation strategies, purchase orders and logistics. The most important skills for a merchandise planner are gross margin, strong analytical, and math.

Allocation analyst vs merchandise planner overview

Allocation AnalystMerchandise Planner
Yearly salary$65,773$69,460
Hourly rate$31.62$33.39
Growth rate19%19%
Number of jobs8,91732,301
Job satisfaction--
Most common degreeBachelor's Degree, 81%Bachelor's Degree, 82%
Average age3744
Years of experience64

What does an allocation analyst do?

In the retail industry, an allocation analyst is in charge of providing analytical services to optimize a company's supply chain operations. Among their responsibilities include performing market research and analysis, determining the customers' purchase needs, managing product inventory, coordinating with store managers, gathering and analyzing data from internal and external parties, keeping abreast with the latest trends, and developing strategies to reach sales and inventory targets. Moreover, an allocation analyst must maintain an active communication line with staff while enforcing and promoting the company's policies and regulations.

What does a merchandise planner do?

A merchandise planner is responsible for monitoring the adequacy of stock inventories and requesting purchase orders by researching current market trends to meet customer demands. Merchandise planners assist with marketing campaigns and promotional offers of the business, selling goods and services to the customers based on their needs and budget requirements. They also write sales reports, inspect the validity of merchandise, and maintain an attractive visual display of items. A merchandise planner resolves and escalates customer complaints timely, processes replacements, and issues refunds as needed.

Allocation analyst vs merchandise planner salary

Allocation analysts and merchandise planners have different pay scales, as shown below.

Allocation AnalystMerchandise Planner
Average salary$65,773$69,460
Salary rangeBetween $47,000 And $90,000Between $46,000 And $102,000
Highest paying CityDover, DESan Francisco, CA
Highest paying stateDelawareCalifornia
Best paying companyWellington ManagementPandora
Best paying industryRetailRetail

Differences between allocation analyst and merchandise planner education

There are a few differences between an allocation analyst and a merchandise planner in terms of educational background:

Allocation AnalystMerchandise Planner
Most common degreeBachelor's Degree, 81%Bachelor's Degree, 82%
Most common majorBusinessBusiness
Most common collegeUniversity of GeorgiaUniversity of Pennsylvania

Allocation analyst vs merchandise planner demographics

Here are the differences between allocation analysts' and merchandise planners' demographics:

Allocation AnalystMerchandise Planner
Average age3744
Gender ratioMale, 29.3% Female, 70.7%Male, 37.1% Female, 62.9%
Race ratioBlack or African American, 5.3% Unknown, 5.0% Hispanic or Latino, 12.7% Asian, 11.1% White, 65.8% American Indian and Alaska Native, 0.1%Black or African American, 8.6% Unknown, 4.6% Hispanic or Latino, 15.9% Asian, 6.1% White, 64.5% American Indian and Alaska Native, 0.3%
LGBT Percentage10%9%

Differences between allocation analyst and merchandise planner duties and responsibilities

Allocation analyst example responsibilities.

  • Manage sales forecast and inventory at store level using E3.
  • Analyze and forecast sales, manage inventory levels and determine distribution strategy to all Marshalls stores.
  • Establish and maintain significant cross-functional relationships with buying team, distribution centers, logistics, store operations and other departments.
  • Utilize E3 slim to project forecast, sales, and promotional events.
  • Partner with the JDA systems administrator on the appropriate set up and maintenance of department SKUs.
  • Analyze POS, inventory and shipment data to make inform decisions regarding replenishment of items at the store level.
  • Show more

Merchandise planner example responsibilities.

  • Monitor and analyze planned assortments by door in order to achieve plan turn goals and ROI.
  • Manage purchase order logs to ensure plan receipts and IMU requirements are maintained in the department.
  • Complete training on the JDA planning and forecasting system to effectively manage the financial aspects of each department.
  • Implement and manage the E3 auto-replenishment system to optimize inventory levels of width-size shoes, core shoes and shoe accessories.
  • Manage product flow in apparel category; determining order quantities and generating purchase orders for new and replenishment orders.
  • Manage and maintain the OTB for specific departments by preparing forecasts, evaluating performance, and maximizing profitability while minimizing liabilities.
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Allocation analyst vs merchandise planner skills

Common allocation analyst skills
  • Allocation Strategies, 11%
  • Purchase Orders, 8%
  • Logistics, 7%
  • Distribution Centers, 4%
  • Apparel, 4%
  • Store Sales, 4%
Common merchandise planner skills
  • Gross Margin, 8%
  • Strong Analytical, 7%
  • Math, 7%
  • Historical Data, 7%
  • Open-To-Buy, 6%
  • Apparel, 6%

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