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The differences between merchandise planners and assistant buyers can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 2-4 years to become a merchandise planner, becoming an assistant buyer takes usually requires More than 10 years. Additionally, a merchandise planner has an average salary of $69,460, which is higher than the $49,586 average annual salary of an assistant buyer.
The top three skills for a merchandise planner include gross margin, strong analytical and math. The most important skills for an assistant buyer are purchase orders, vendor relations, and customer service.
| Merchandise Planner | Assistant Buyer | |
| Yearly salary | $69,460 | $49,586 |
| Hourly rate | $33.39 | $23.84 |
| Growth rate | 19% | - |
| Number of jobs | 32,301 | 15,090 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 82% | Bachelor's Degree, 79% |
| Average age | 44 | 47 |
| Years of experience | 4 | - |
A merchandise planner is responsible for monitoring the adequacy of stock inventories and requesting purchase orders by researching current market trends to meet customer demands. Merchandise planners assist with marketing campaigns and promotional offers of the business, selling goods and services to the customers based on their needs and budget requirements. They also write sales reports, inspect the validity of merchandise, and maintain an attractive visual display of items. A merchandise planner resolves and escalates customer complaints timely, processes replacements, and issues refunds as needed.
An assistant buyer participates and assists in the procurement procedures in a retail company. One of their primary responsibilities revolves around selecting products according to company guidelines, handling and organizing purchase orders, and monitoring the budget. An assistant buyer may also have administrative support tasks such as responding to calls and correspondence, preparing paperwork and progress reports, arranging schedules, keeping records of invoices and inventory, and staying updated with trends. Furthermore, an assistant buyer must reach out to new suppliers and engage with vendors to maintain and establish a positive business relationship.
Merchandise planners and assistant buyers have different pay scales, as shown below.
| Merchandise Planner | Assistant Buyer | |
| Average salary | $69,460 | $49,586 |
| Salary range | Between $46,000 And $102,000 | Between $36,000 And $67,000 |
| Highest paying City | San Francisco, CA | New York, NY |
| Highest paying state | California | New Jersey |
| Best paying company | Pandora | Fashion Nova |
| Best paying industry | Retail | Manufacturing |
There are a few differences between a merchandise planner and an assistant buyer in terms of educational background:
| Merchandise Planner | Assistant Buyer | |
| Most common degree | Bachelor's Degree, 82% | Bachelor's Degree, 79% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Minnesota - Twin Cities |
Here are the differences between merchandise planners' and assistant buyers' demographics:
| Merchandise Planner | Assistant Buyer | |
| Average age | 44 | 47 |
| Gender ratio | Male, 37.1% Female, 62.9% | Male, 23.5% Female, 76.5% |
| Race ratio | Black or African American, 8.6% Unknown, 4.6% Hispanic or Latino, 15.9% Asian, 6.1% White, 64.5% American Indian and Alaska Native, 0.3% | Black or African American, 3.8% Unknown, 3.1% Hispanic or Latino, 9.9% Asian, 6.6% White, 75.8% American Indian and Alaska Native, 0.8% |
| LGBT Percentage | 9% | 15% |