Explore jobs
Find specific jobs
Explore careers
Explore professions
Best companies
Explore companies
The differences between demand planning managers and product 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 product manager. Additionally, a product manager has an average salary of $111,729, 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 product manager are product management, QA, and product strategy.
| Demand Planning Manager | Product Manager | |
| Yearly salary | $104,519 | $111,729 |
| Hourly rate | $50.25 | $53.72 |
| Growth rate | 10% | 10% |
| Number of jobs | 69,019 | 125,678 |
| Job satisfaction | 4 | 5 |
| Most common degree | Bachelor's Degree, 73% | Bachelor's Degree, 72% |
| 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.
A product manager is responsible for ensuring product development, providing the best marketing strategies, and effectively handling the sales and marketing team. Product managers' duties include monitoring the market trends and conditions, identifying business opportunities and plan initiatives, and collaborating the product launch process with the appropriate departments. A product manager is also responsible for generating ideas on improving product features, determining timetables and reasonable pricing, and analyzing product sales. A product manager must have excellent strategic and decision-making skills to contribute to its growth and profitability.
Demand planning managers and product managers have different pay scales, as shown below.
| Demand Planning Manager | Product Manager | |
| Average salary | $104,519 | $111,729 |
| Salary range | Between $75,000 And $144,000 | Between $81,000 And $152,000 |
| Highest paying City | Petaluma, CA | San Francisco, CA |
| Highest paying state | California | California |
| Best paying company | Meta | Meta |
| Best paying industry | Technology | Retail |
There are a few differences between a demand planning manager and a product manager in terms of educational background:
| Demand Planning Manager | Product Manager | |
| Most common degree | Bachelor's Degree, 73% | Bachelor's Degree, 72% |
| Most common major | Business | Business |
| Most common college | University of Georgia | University of Georgia |
Here are the differences between demand planning managers' and product managers' demographics:
| Demand Planning Manager | Product Manager | |
| Average age | 39 | 39 |
| Gender ratio | Male, 65.4% Female, 34.6% | Male, 65.3% Female, 34.7% |
| 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% |