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The differences between logistics analysts and procurement 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 logistics analyst, becoming a procurement analyst takes usually requires 2-4 years. Additionally, a procurement analyst has an average salary of $64,448, which is higher than the $57,719 average annual salary of a logistics analyst.
The top three skills for a logistics analyst include supply chain, customer service and continuous improvement. The most important skills for a procurement analyst are purchase orders, supplier performance, and customer service.
| Logistics Analyst | Procurement Analyst | |
| Yearly salary | $57,719 | $64,448 |
| Hourly rate | $27.75 | $30.98 |
| Growth rate | 28% | 11% |
| Number of jobs | 28,538 | 75,154 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 66% | Bachelor's Degree, 69% |
| Average age | 41 | 44 |
| Years of experience | 6 | 4 |
A logistics analyst is responsible for evaluating the company's supply chain, analyzing the cycle of a company's products to create a strategy on minimizing costs and time for each process of production without compromising the quality of output. Logistics analysts design operational techniques to maximize the productivity of the staff, identifying areas of improvement within the process, monitor shipment details, verify causes of delivery delays, and respond to customer's inquiries and concerns. They also review the payment process of the distribution, requiring them to have excellent analytical and critical-thinking skills.
Procurement analysts procure favorable contracts by acting as liaisons between suppliers and their employers. They are hired by organizations that rely on supply chain management to analyze and evaluate potential suppliers, prepare reports about monthly supply costs, and negotiate contracts. With good critical thinking skills, these procurement analysts who are also known as purchasing analysts, evaluate vendors and suppliers based on the speed of delivery, quality, and price. They use quantitative methods to support fact-based decision-making to become competitive and to ensure cost-efficiency and high quality of the products and services.
Logistics analysts and procurement analysts have different pay scales, as shown below.
| Logistics Analyst | Procurement Analyst | |
| Average salary | $57,719 | $64,448 |
| Salary range | Between $40,000 And $81,000 | Between $45,000 And $91,000 |
| Highest paying City | San Francisco, CA | Washington, DC |
| Highest paying state | Alaska | Maryland |
| Best paying company | Apple | PayPal |
| Best paying industry | Automotive | Retail |
There are a few differences between a logistics analyst and a procurement analyst in terms of educational background:
| Logistics Analyst | Procurement Analyst | |
| Most common degree | Bachelor's Degree, 66% | Bachelor's Degree, 69% |
| Most common major | Business | Business |
| Most common college | Stanford University | Northwestern University |
Here are the differences between logistics analysts' and procurement analysts' demographics:
| Logistics Analyst | Procurement Analyst | |
| Average age | 41 | 44 |
| Gender ratio | Male, 64.3% Female, 35.7% | Male, 47.7% Female, 52.3% |
| Race ratio | Black or African American, 13.6% Unknown, 5.3% Hispanic or Latino, 20.1% Asian, 11.0% White, 49.7% American Indian and Alaska Native, 0.3% | Black or African American, 8.2% Unknown, 4.5% Hispanic or Latino, 9.0% Asian, 11.8% White, 66.4% American Indian and Alaska Native, 0.2% |
| LGBT Percentage | 9% | 12% |