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Methods analyst vs procurement analyst

The differences between methods 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 methods analyst and a procurement analyst. Additionally, a methods analyst has an average salary of $75,502, which is higher than the $64,448 average annual salary of a procurement analyst.

The top three skills for a methods analyst include process improvement, data analysis and subject matter experts. The most important skills for a procurement analyst are purchase orders, supplier performance, and customer service.

Methods analyst vs procurement analyst overview

Methods AnalystProcurement Analyst
Yearly salary$75,502$64,448
Hourly rate$36.30$30.98
Growth rate11%11%
Number of jobs67,67475,154
Job satisfaction--
Most common degreeBachelor's Degree, 74%Bachelor's Degree, 69%
Average age4444
Years of experience44

Methods analyst vs procurement analyst salary

Methods analysts and procurement analysts have different pay scales, as shown below.

Methods AnalystProcurement Analyst
Average salary$75,502$64,448
Salary rangeBetween $54,000 And $104,000Between $45,000 And $91,000
Highest paying CityEverett, WAWashington, DC
Highest paying stateAlaskaMaryland
Best paying companyAir LiquidePayPal
Best paying industryFinanceRetail

Differences between methods analyst and procurement analyst education

There are a few differences between a methods analyst and a procurement analyst in terms of educational background:

Methods AnalystProcurement Analyst
Most common degreeBachelor's Degree, 74%Bachelor's Degree, 69%
Most common majorBusinessBusiness
Most common collegeNorthwestern UniversityNorthwestern University

Methods analyst vs procurement analyst demographics

Here are the differences between methods analysts' and procurement analysts' demographics:

Methods AnalystProcurement Analyst
Average age4444
Gender ratioMale, 57.3% Female, 42.7%Male, 47.7% Female, 52.3%
Race ratioBlack or African American, 8.8% Unknown, 4.6% Hispanic or Latino, 9.4% Asian, 9.7% White, 67.4% 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 Percentage12%12%

Differences between methods analyst and procurement analyst duties and responsibilities

Methods analyst example responsibilities.

  • Manage inventory and supervise site payroll and invoice processing.
  • Provide BOM review and analysis for new and existing technology.
  • Function as technical expert in multi-platform connectivity issues between PC's, Netware and UNIX.
  • Used work measurement, work simplification, and methods improvement techniques to improve efficiency and cost effectiveness of areas under study.
  • Recruit as an SME to support eliminating HPLC impurity verification backlog for Hospira API production facility in Colorado.
  • Work with pharmacy staff to develop discharge medication application for nursing and pharmacy staff to provide patients with clearer medication instructions.
  • Show more

Procurement analyst example responsibilities.

  • Manage SQL reporting database server that are used by procurement analyst and pull into SharePoint.
  • Lead a software implementation process and training program for company's ERP (Advantage/Sapphire) system.
  • Manage, negotiate and source MRO products and services, for building, machinery and grounds maintenance.
  • Perform reviews of select teams and programs to determine whether VBA and federal policies and guidelines are effectively implement and manage.
  • Prepare budget estimates base on the P6 schedule in accordance with NASA PPBE guidance.
  • Function with senior management on RFP and RFQ as well as periodically report detailed analysis of vendor responses.
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Methods analyst vs procurement analyst skills

Common methods analyst skills
  • Process Improvement, 18%
  • Data Analysis, 14%
  • Subject Matter Experts, 12%
  • Management System, 10%
  • Continuous Improvement, 9%
  • Motion Studies, 8%
Common procurement analyst skills
  • Purchase Orders, 9%
  • Supplier Performance, 7%
  • Customer Service, 6%
  • Logistics, 4%
  • Strategic Sourcing, 4%
  • Data Analysis, 4%

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