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The differences between planner/buyers and merchandise planners can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 4-6 years to become a planner/buyer, becoming a merchandise planner takes usually requires 2-4 years. Additionally, a merchandise planner has an average salary of $69,460, which is higher than the $54,261 average annual salary of a planner/buyer.
The top three skills for a planner/buyer include supply chain, purchase orders and customer service. The most important skills for a merchandise planner are gross margin, strong analytical, and math.
| Planner/Buyer | Merchandise Planner | |
| Yearly salary | $54,261 | $69,460 |
| Hourly rate | $26.09 | $33.39 |
| Growth rate | -3% | 19% |
| Number of jobs | 33,452 | 32,301 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 65% | Bachelor's Degree, 82% |
| Average age | 48 | 44 |
| Years of experience | 6 | 4 |
The role of buyers/planners is to ensure that office materials and equipment are well-supplied within their organization. They decide and purchase the materials needed for use or resale by their organization. They are responsible for evaluating prospective suppliers based on their cost, product quality, and delivery times. They are also the ones who negotiate contracts specifying the payment terms, price, and delivery schedules. Most employers prefer their buyer to have earned a bachelor's degree with a major in operations management or business management.
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.
Planner/buyers and merchandise planners have different pay scales, as shown below.
| Planner/Buyer | Merchandise Planner | |
| Average salary | $54,261 | $69,460 |
| Salary range | Between $37,000 And $77,000 | Between $46,000 And $102,000 |
| Highest paying City | Billerica, MA | San Francisco, CA |
| Highest paying state | Massachusetts | California |
| Best paying company | Edwards Lifesciences | Pandora |
| Best paying industry | Technology | Retail |
There are a few differences between a planner/buyer and a merchandise planner in terms of educational background:
| Planner/Buyer | Merchandise Planner | |
| Most common degree | Bachelor's Degree, 65% | Bachelor's Degree, 82% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between planner/buyers' and merchandise planners' demographics:
| Planner/Buyer | Merchandise Planner | |
| Average age | 48 | 44 |
| Gender ratio | Male, 47.9% Female, 52.1% | Male, 37.1% Female, 62.9% |
| Race ratio | Black or African American, 9.1% Unknown, 4.4% Hispanic or Latino, 12.5% Asian, 7.9% White, 65.4% American Indian and Alaska Native, 0.8% | 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% |
| LGBT Percentage | 7% | 9% |