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A Merchandise analyst or merchandise planner is in charge of planning and monitoring a company inventory. Merchandize analysts also follow the charts of the sales, profits, or losses of the company or store they work for. Some of the responsibilities of a merchandise analyst include analyzing consumer patterns and presenting the data analyses to store managers, planners, and executives of a company for key decision making. Merchandize analysts often offer insights and help plan strategies that can help increase a company's revenue and minimize loss. You will also assist in planning implementation and reviewing a company's inventory allocation strategies, merchandise assortment, and other related strategies.
A bachelor's degree in business, supply chain management, finance, and other related fields is needed for this role. In addition to this, a merchandise analyst must have a good analytic ability, excellent problem-solving skills, and be good at making decisions. Good communication skill is also needed for this role as well as a good sense of time management, negotiation, and organization. Merchandize analysts are must be good with data entry and inventory reporting. The average yearly salary of a merchandise analyst is $72,280.
Avg. Salary $67,933
Avg. Salary $59,228
Growth rate 19%
Growth rate 0.3%
American Indian and Alaska Native 0.13%
Asian 10.70%
Black or African American 5.10%
Hispanic or Latino 12.17%
Unknown 4.98%
White 66.92%
Genderfemale 63.41%
male 36.59%
Age - 34American Indian and Alaska Native 3.00%
Asian 7.00%
Black or African American 14.00%
Hispanic or Latino 19.00%
White 57.00%
Genderfemale 47.00%
male 53.00%
Age - 34Stress level is manageable
7.1 - high
Complexity level is challenging
7 - challenging
Work life balance is fair
6.4 - fair
| Skills | Percentages |
|---|---|
| PowerPoint | 14.10% |
| SQL | 8.14% |
| Data Analysis | 7.33% |
| Digital Marketing | 5.39% |
| Gross Profit | 4.63% |
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The average merchandise analyst salary in the United States is $67,933 per year or $33 per hour. Merchandise analyst salaries range between $49,000 and $92,000 per year.
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