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The differences between allocation analysts and production analysts can be seen in a few details. Each job has different responsibilities and duties. It typically takes 4-6 years to become both an allocation analyst and a production analyst. Additionally, an allocation analyst has an average salary of $65,773, which is higher than the $65,302 average annual salary of a production analyst.
The top three skills for an allocation analyst include allocation strategies, purchase orders and logistics. The most important skills for a production analyst are data entry, financial analysis, and windows.
| Allocation Analyst | Production Analyst | |
| Yearly salary | $65,773 | $65,302 |
| Hourly rate | $31.62 | $31.40 |
| Growth rate | 19% | 19% |
| Number of jobs | 8,917 | 75,978 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 81% | Bachelor's Degree, 65% |
| Average age | 37 | 37 |
| Years of experience | 6 | 6 |
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.
Production Analysts help manage the production flow of a company's goods or data. They are responsible for optimizing labor cost, volume, and efficiency of production, ensuring quality assurance, correcting equipment failure and hardware problem as well as monitoring production process proactively improving from slowdowns or bottlenecks. They also coordinate employee training or retraining on software or controls to improve efficiency. Production Analysts work with other teams to estimate production runs within the manufacturing or data process. They create production reports for customers and management.
Allocation analysts and production analysts have different pay scales, as shown below.
| Allocation Analyst | Production Analyst | |
| Average salary | $65,773 | $65,302 |
| Salary range | Between $47,000 And $90,000 | Between $46,000 And $90,000 |
| Highest paying City | Dover, DE | Seattle, WA |
| Highest paying state | Delaware | Washington |
| Best paying company | Wellington Management | Apple |
| Best paying industry | Retail | Finance |
There are a few differences between an allocation analyst and a production analyst in terms of educational background:
| Allocation Analyst | Production Analyst | |
| Most common degree | Bachelor's Degree, 81% | Bachelor's Degree, 65% |
| Most common major | Business | Business |
| Most common college | University of Georgia | University of Georgia |
Here are the differences between allocation analysts' and production analysts' demographics:
| Allocation Analyst | Production Analyst | |
| Average age | 37 | 37 |
| Gender ratio | Male, 29.3% Female, 70.7% | Male, 57.2% Female, 42.8% |
| Race ratio | Black 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, 5.2% Unknown, 5.0% Hispanic or Latino, 12.4% Asian, 11.0% White, 66.3% American Indian and Alaska Native, 0.1% |
| LGBT Percentage | 10% | 10% |