Forecasting analyst vs analyst sales

The differences between forecasting analysts and analyst sales can be seen in a few details. Each job has different responsibilities and duties. It typically takes 4-6 years to become both a forecasting analyst and an analyst sales. Additionally, a forecasting analyst has an average salary of $69,708, which is higher than the $69,093 average annual salary of an analyst sales.

The top three skills for a forecasting analyst include supply chain, SQL and data analysis. The most important skills for an analyst sales are salesforce, customer service, and data analysis.

Forecasting analyst vs analyst sales overview

	Forecasting Analyst	Analyst Sales
Yearly salary	$69,708	$69,093
Hourly rate	$33.51	$33.22
Growth rate	19%	19%
Number of jobs	31,811	77,023
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 75%	Bachelor's Degree, 77%
Average age	37	37
Years of experience	6	6

What does a forecasting analyst do?

A forecasting analyst is responsible for predicting a business's future production and financial condition by analyzing the company's current data statistics. Forecasting analysts evaluate the company's sales performance, inventory levels, production speed, and turnaround time of deliverables. They also study the latest industry trends, identifying business opportunities from consumer demands and interests to develop revenue resources to maintain the business' financial stability. A forecasting analyst must have excellent communication and analytical skills, especially on creating report models and finance measurement accuracy.

What does an analyst sales do?

Analyst sales, or a sales analyst, is an individual who is responsible for increasing sales and revenue of a company by running competitive analysis and making recommendations on how the marketing and sales team should move forward. Sales analysts must assist in the review of monthly financial statements and prepare complex financial statements for retail and service businesses. They develop and provide market intelligence data solutions for the sales team to maximize territory sales efforts. Sales analysts must also maintain a business relationship with key account top management to deliver outstanding customer service and assistance.

Forecasting analyst vs analyst sales salary

Forecasting analysts and analyst sales have different pay scales, as shown below.

	Forecasting Analyst	Analyst Sales
Average salary	$69,708	$69,093
Salary range	Between $53,000 And $90,000	Between $47,000 And $99,000
Highest paying City	Seattle, WA	Seattle, WA
Highest paying state	Washington	Washington
Best paying company	Apple	Google
Best paying industry	Manufacturing	Finance

Differences between forecasting analyst and analyst sales education

There are a few differences between a forecasting analyst and an analyst sales in terms of educational background:

	Forecasting Analyst	Analyst Sales
Most common degree	Bachelor's Degree, 75%	Bachelor's Degree, 77%
Most common major	Business	Business
Most common college	University of Georgia	University of Georgia

Forecasting analyst vs analyst sales demographics

Here are the differences between forecasting analysts' and analyst sales' demographics:

	Forecasting Analyst	Analyst Sales
Average age	37	37
Gender ratio	Male, 55.3% Female, 44.7%	Male, 51.0% Female, 49.0%
Race ratio	Black or African American, 5.0% Unknown, 5.0% Hispanic or Latino, 11.9% Asian, 12.7% White, 65.3% American Indian and Alaska Native, 0.1%	Black or African American, 5.0% Unknown, 5.0% Hispanic or Latino, 11.9% Asian, 13.0% White, 65.1% American Indian and Alaska Native, 0.1%
LGBT Percentage	10%	10%

Differences between forecasting analyst and analyst sales duties and responsibilities

Forecasting analyst example responsibilities.

Manage National/Global RFP project process by creating pricing models and coordinating pricing efforts of different ManpowerGroup brands.
Enter sales and freight information in company ERP software program.
Work with logistics to track shipments to distribution center and ensure customer delivery dates are met.
Develop and execute the POS and inventory forecasts and analysis for mass merchants and national /international sales accounts.
Create promotional, POS, & inventory reports for both domestic and international accounts and submit to company each week.
Utilize Nielsen data to create category reviews, new product presentations, and attend customer meetings to support customer category managers.

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Analyst sales example responsibilities.

Create and manage exceptional replenishment relationships with Wal-mart and Sam's.
Manage the entire RFQ process from start to finish including sourcing analysis, quote analysis, down select, and pricing.
Utilize VBA to automate tasks and increase productivity by significantly decreasing report completion time.
Analyze account specific POS data to determine titles for pocket placement and promotional opportunities to achieve company and client expectations.
Provide category analysis in PowerPoint format for use in buyer presentations.
Maintain issues database in SharePoint.

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Forecasting analyst vs analyst sales skills

Common forecasting analyst skills

Supply Chain, 9%
SQL, 9%
Data Analysis, 7%
Strong Analytical, 6%
SAS, 5%
Demand Planning, 5%

Common analyst sales skills

Salesforce, 7%
Customer Service, 7%
Data Analysis, 6%
CRM, 6%
Sales Data, 5%
Strong Analytical, 4%

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Updated January 8, 2025

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