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The differences between demand planning analysts and analysts can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 4-6 years to become a demand planning analyst, becoming an analyst takes usually requires 2-4 years. Additionally, a demand planning analyst has an average salary of $81,450, which is higher than the $73,007 average annual salary of an analyst.
The top three skills for a demand planning analyst include demand planning, supply chain and continuous improvement. The most important skills for an analyst are customer service, troubleshoot, and data analysis.
| Demand Planning Analyst | Analyst | |
| Yearly salary | $81,450 | $73,007 |
| Hourly rate | $39.16 | $35.10 |
| Growth rate | 19% | 11% |
| Number of jobs | 49,477 | 253,138 |
| Job satisfaction | 4 | - |
| Most common degree | Bachelor's Degree, 77% | Bachelor's Degree, 67% |
| Average age | 37 | 44 |
| Years of experience | 6 | 4 |
A demand planning analyst is responsible for conducting data analysis by researching current market trends to identify resources for consumer demands and satisfaction. Demand planning analysts evaluate multiple sources on economic factors and product releases to determine demand projections and manage the adequacy of supply inventories. They also recommend store pullouts of outdated merchandise and determine potential replacements according to data results and product campaigns. A demand planning analyst must have excellent communication and analytical skills to calculate sales performance and strategize methods to increase revenues.
Analysts are employees or individual contributors with a vast experience in a particular field that help the organization address challenges. They help the organization improve processes, policies, and other operations protocol by studying the current processes in place and determining the effectiveness of those processes. They also research industry trends and data to make sound inferences and recommendations on what the company should do to improve their numbers. Analysts recommend business solutions and often help the organization roll out these solutions. They ensure that the proposed action plans are effective and produce the desired results.
Demand planning analysts and analysts have different pay scales, as shown below.
| Demand Planning Analyst | Analyst | |
| Average salary | $81,450 | $73,007 |
| Salary range | Between $63,000 And $104,000 | Between $53,000 And $99,000 |
| Highest paying City | Fremont, CA | Jersey City, NJ |
| Highest paying state | California | New Jersey |
| Best paying company | The Citadel | |
| Best paying industry | Retail | Technology |
There are a few differences between a demand planning analyst and an analyst in terms of educational background:
| Demand Planning Analyst | Analyst | |
| Most common degree | Bachelor's Degree, 77% | Bachelor's Degree, 67% |
| Most common major | Business | Business |
| Most common college | University of Georgia | Northwestern University |
Here are the differences between demand planning analysts' and analysts' demographics:
| Demand Planning Analyst | Analyst | |
| Average age | 37 | 44 |
| Gender ratio | Male, 54.5% Female, 45.5% | Male, 52.4% Female, 47.6% |
| Race ratio | Black or African American, 4.8% Unknown, 4.9% Hispanic or Latino, 11.3% Asian, 14.4% White, 64.5% American Indian and Alaska Native, 0.1% | Black or African American, 7.4% Unknown, 4.4% Hispanic or Latino, 8.5% Asian, 14.3% White, 65.2% American Indian and Alaska Native, 0.2% |
| LGBT Percentage | 10% | 12% |