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The differences between demand planning analysts and planning 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 a planning analyst takes usually requires 2-4 years. Additionally, a demand planning analyst has an average salary of $81,450, which is higher than the $68,137 average annual salary of a planning analyst.
The top three skills for a demand planning analyst include demand planning, supply chain and continuous improvement. The most important skills for a planning analyst are project management, customer service, and data analysis.
| Demand Planning Analyst | Planning Analyst | |
| Yearly salary | $81,450 | $68,137 |
| Hourly rate | $39.16 | $32.76 |
| Growth rate | 19% | 11% |
| Number of jobs | 49,477 | 92,380 |
| Job satisfaction | 4 | - |
| Most common degree | Bachelor's Degree, 77% | Bachelor's Degree, 73% |
| 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 They also recommend store pullouts of outdated merchandise and determine potential replacements according to data results and product campaigns.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.
As a planning analyst, you will be responsible for designing and implementing a company's business and marketing strategies with the goal of driving profits and reducing costs. You will propose measures to enhance an organization's overall efficiency, and guide managers on ways to strengthen profit margins through risk awareness reduced costs, and increased revenues. Other duties include conducting risk analyses to identify areas of potential failure, maintaining the business continuity program, and handling internal and external corporate communications with the investment community and industry analysts.
Demand planning analysts and planning analysts have different pay scales, as shown below.
| Demand Planning Analyst | Planning Analyst | |
| Average salary | $81,450 | $68,137 |
| Salary range | Between $63,000 And $104,000 | Between $49,000 And $93,000 |
| Highest paying City | Fremont, CA | Washington, DC |
| Highest paying state | California | Rhode Island |
| Best paying company | Meta | |
| Best paying industry | Retail | Automotive |
There are a few differences between a demand planning analyst and a planning analyst in terms of educational background:
| Demand Planning Analyst | Planning Analyst | |
| Most common degree | Bachelor's Degree, 77% | Bachelor's Degree, 73% |
| Most common major | Business | Business |
| Most common college | University of Georgia | Northwestern University |
Here are the differences between demand planning analysts' and planning analysts' demographics:
| Demand Planning Analyst | Planning Analyst | |
| Average age | 37 | 44 |
| Gender ratio | Male, 54.5% Female, 45.5% | Male, 53.4% Female, 46.6% |
| 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, 8.0% Unknown, 4.5% Hispanic or Latino, 8.9% Asian, 12.6% White, 65.8% American Indian and Alaska Native, 0.2% |
| LGBT Percentage | 10% | 12% |