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The differences between management analysts and procurement analysts can be seen in a few details. Each job has different responsibilities and duties. It typically takes 2-4 years to become both a management analyst and a procurement analyst. Additionally, a management analyst has an average salary of $69,804, which is higher than the $64,448 average annual salary of a procurement analyst.
The top three skills for a management analyst include customer service, project management and logistics. The most important skills for a procurement analyst are purchase orders, supplier performance, and customer service.
| Management Analyst | Procurement Analyst | |
| Yearly salary | $69,804 | $64,448 |
| Hourly rate | $33.56 | $30.98 |
| Growth rate | 11% | 11% |
| Number of jobs | 169,171 | 75,154 |
| Job satisfaction | 5 | - |
| Most common degree | Bachelor's Degree, 66% | Bachelor's Degree, 69% |
| Average age | 44 | 44 |
| Years of experience | 4 | 4 |
A management analyst is responsible for monitoring the efficiency and effectiveness of management operations, providing strategic advice and procedures to improve its services, and building excellent relationships with customers and business partners. Management analysts identify business opportunities that would help the business generate more revenues and meet long-term profitability goals. They develop techniques in maximizing productivity and optimization, recommending new systems, and upgrading existing processes. A management analyst must have excellent critical thinking and communication skills, especially when evaluating complex data and performance reports.
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.
Management analysts and procurement analysts have different pay scales, as shown below.
| Management Analyst | Procurement Analyst | |
| Average salary | $69,804 | $64,448 |
| Salary range | Between $49,000 And $98,000 | Between $45,000 And $91,000 |
| Highest paying City | Washington, DC | Washington, DC |
| Highest paying state | New Jersey | Maryland |
| Best paying company | The Citadel | PayPal |
| Best paying industry | Professional | Retail |
There are a few differences between a management analyst and a procurement analyst in terms of educational background:
| Management Analyst | Procurement Analyst | |
| Most common degree | Bachelor's Degree, 66% | Bachelor's Degree, 69% |
| Most common major | Business | Business |
| Most common college | Northwestern University | Northwestern University |
Here are the differences between management analysts' and procurement analysts' demographics:
| Management Analyst | Procurement Analyst | |
| Average age | 44 | 44 |
| Gender ratio | Male, 46.5% Female, 53.5% | Male, 47.7% Female, 52.3% |
| Race ratio | Black or African American, 8.4% Unknown, 4.5% Hispanic or Latino, 9.1% Asian, 12.7% White, 65.2% American Indian and Alaska Native, 0.2% | 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 | 12% | 12% |