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The differences between merchandise planners and demand planners 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 a demand planner takes usually requires 4-6 years. Additionally, a demand planner has an average salary of $82,287, which is higher than the $69,460 average annual salary of a merchandise planner.
The top three skills for a merchandise planner include gross margin, strong analytical and math. The most important skills for a demand planner are supply chain, customer service, and logistics.
| Merchandise Planner | Demand Planner | |
| Yearly salary | $69,460 | $82,287 |
| Hourly rate | $33.39 | $39.56 |
| Growth rate | 19% | 28% |
| Number of jobs | 32,301 | 27,351 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 82% | Bachelor's Degree, 75% |
| Average age | 44 | 41 |
| Years of experience | 4 | 6 |
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.
A demand planner specializes in conducting research and analysis to develop forecast models that will help determine a supply chain's demands. They are also responsible for monitoring the inventory of products, maintaining knowledge and awareness on the latest trends, producing progress reports and presentations, establishing demand plans, and detecting any changes in the forecast, reporting them to management right away. Furthermore, as a demand planner, it is essential to coordinate with everyone in the team, all while adhering to the company's policies and standards.
Merchandise planners and demand planners have different pay scales, as shown below.
| Merchandise Planner | Demand Planner | |
| Average salary | $69,460 | $82,287 |
| Salary range | Between $46,000 And $102,000 | Between $61,000 And $109,000 |
| Highest paying City | San Francisco, CA | San Francisco, CA |
| Highest paying state | California | Washington |
| Best paying company | Pandora | Meta |
| Best paying industry | Retail | Technology |
There are a few differences between a merchandise planner and a demand planner in terms of educational background:
| Merchandise Planner | Demand Planner | |
| Most common degree | Bachelor's Degree, 82% | Bachelor's Degree, 75% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | Stanford University |
Here are the differences between merchandise planners' and demand planners' demographics:
| Merchandise Planner | Demand Planner | |
| Average age | 44 | 41 |
| Gender ratio | Male, 37.1% Female, 62.9% | Male, 56.5% Female, 43.5% |
| 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, 10.4% Unknown, 5.6% Hispanic or Latino, 19.0% Asian, 11.1% White, 53.5% American Indian and Alaska Native, 0.3% |
| LGBT Percentage | 9% | 9% |