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The differences between demand planning managers and pricing managers can be seen in a few details. Each job has different responsibilities and duties. It typically takes 8-10 years to become both a demand planning manager and a pricing manager. Additionally, a pricing manager has an average salary of $109,525, which is higher than the $104,519 average annual salary of a demand planning manager.
The top three skills for a demand planning manager include supply chain, forecast accuracy and kpis. The most important skills for a pricing manager are analytics, pricing strategy, and strategic pricing.
| Demand Planning Manager | Pricing Manager | |
| Yearly salary | $104,519 | $109,525 |
| Hourly rate | $50.25 | $52.66 |
| Growth rate | 10% | 10% |
| Number of jobs | 69,019 | 119,997 |
| Job satisfaction | 4 | - |
| Most common degree | Bachelor's Degree, 73% | Bachelor's Degree, 66% |
| Average age | 39 | 39 |
| Years of experience | 10 | 10 |
A demand planning manager is an individual who supervises a team of demand planners in all the demand planning activities of an organization. Demand planning managers must develop effective forecast models based on industry trends and demand patterns and implement solutions to improve demand forecast accuracy. To have a successful demand planning operation, managers must work closely with the management, inventory, supply chain, and sales teams. They also assist in employee recruitment as well as organize training for team members.
Pricing managers are employees who oversee the pricing needs of the organization. They identify the best pricing schemes for the company's product or service offerings. To do this, pricing managers analyze industry trends and current events. They study the target market and their spending behavior. They also coordinate with different departments, such as the production department to get the cost of production and the human resources department to get overhead costs. They also factor in different operational costs. Once they get this data, they determine the best pricing for the goods. Pricing managers also have a say in company tie-ups and client proposals to ensure that the company will not get the losing end of the stick with such partnerships.
Demand planning managers and pricing managers have different pay scales, as shown below.
| Demand Planning Manager | Pricing Manager | |
| Average salary | $104,519 | $109,525 |
| Salary range | Between $75,000 And $144,000 | Between $80,000 And $149,000 |
| Highest paying City | Petaluma, CA | San Francisco, CA |
| Highest paying state | California | Arizona |
| Best paying company | Meta | McKinsey & Company Inc |
| Best paying industry | Technology | Technology |
There are a few differences between a demand planning manager and a pricing manager in terms of educational background:
| Demand Planning Manager | Pricing Manager | |
| Most common degree | Bachelor's Degree, 73% | Bachelor's Degree, 66% |
| Most common major | Business | Business |
| Most common college | University of Georgia | University of Georgia |
Here are the differences between demand planning managers' and pricing managers' demographics:
| Demand Planning Manager | Pricing Manager | |
| Average age | 39 | 39 |
| Gender ratio | Male, 65.4% Female, 34.6% | Male, 57.8% Female, 42.2% |
| Race ratio | Black or African American, 3.0% Unknown, 5.3% Hispanic or Latino, 8.7% Asian, 8.2% White, 74.6% American Indian and Alaska Native, 0.2% | Black or African American, 3.0% Unknown, 5.3% Hispanic or Latino, 8.7% Asian, 8.2% White, 74.6% American Indian and Alaska Native, 0.2% |
| LGBT Percentage | 10% | 10% |