Purchase analyst vs management analyst

The differences between purchase analysts and management 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 purchase analyst and a management analyst. Additionally, a management analyst has an average salary of $69,804, which is higher than the $64,581 average annual salary of a purchase analyst.

The top three skills for a purchase analyst include purchase orders, supplier performance and continuous improvement. The most important skills for a management analyst are customer service, project management, and logistics.

Purchase analyst vs management analyst overview

	Purchase Analyst	Management Analyst
Yearly salary	$64,581	$69,804
Hourly rate	$31.05	$33.56
Growth rate	11%	11%
Number of jobs	88,542	169,171
Job satisfaction	-	5
Most common degree	Bachelor's Degree, 70%	Bachelor's Degree, 66%
Average age	44	44
Years of experience	4	4

What does a purchase analyst do?

A purchase analyst is responsible for looking at the market outlook and determining what and when to buy when ordering supplies. They are responsible for making an investment in a product or technology, and contracting with vendors. You have varied duties and responsibilities that include researching product prices and comparisons, determining price history and cost-effectiveness, and providing leadership for logistics, resource management decisions, and sourcing. You will also be responsible for purchasing equipment from suppliers and working closely with leadership to develop sourcing strategies.

What does a management analyst do?

A management analyst is responsible for monitoring the efficiency and effectiveness of management operations, providing strategic advice and procedures to improve its services, and building excellent relationships with customers and business partners. Management analysts identify business opportunities that would help the business generate more revenues and meet long-term profitability goals. They develop techniques in maximizing productivity and optimization, recommending new systems, and upgrading existing processes. A management analyst must have excellent critical thinking and communication skills, especially when evaluating complex data and performance reports.

Purchase analyst vs management analyst salary

Purchase analysts and management analysts have different pay scales, as shown below.

	Purchase Analyst	Management Analyst
Average salary	$64,581	$69,804
Salary range	Between $42,000 And $98,000	Between $49,000 And $98,000
Highest paying City	Milford, MA	Washington, DC
Highest paying state	New Jersey	New Jersey
Best paying company	MPS Horticulture	The Citadel
Best paying industry	Retail	Professional

Differences between purchase analyst and management analyst education

There are a few differences between a purchase analyst and a management analyst in terms of educational background:

	Purchase Analyst	Management Analyst
Most common degree	Bachelor's Degree, 70%	Bachelor's Degree, 66%
Most common major	Business	Business
Most common college	Northwestern University	Northwestern University

Purchase analyst vs management analyst demographics

Here are the differences between purchase analysts' and management analysts' demographics:

	Purchase Analyst	Management Analyst
Average age	44	44
Gender ratio	Male, 45.8% Female, 54.2%	Male, 46.5% Female, 53.5%
Race ratio	Black or African American, 8.4% Unknown, 4.5% Hispanic or Latino, 9.1% Asian, 10.6% White, 67.2% American Indian and Alaska Native, 0.2%	Black or African American, 8.4% Unknown, 4.5% Hispanic or Latino, 9.1% Asian, 12.7% White, 65.2% American Indian and Alaska Native, 0.2%
LGBT Percentage	12%	12%

Differences between purchase analyst and management analyst duties and responsibilities

Purchase analyst example responsibilities.

Transport purchases and contract and manage carriers (freight forwarders in order to arrange and manage the transportation of purchases.
Write RFI and RFP documents and manage the process for each.
Compile and manage the RFP excel database containing incumbent supplier pricing and alternative supplier pricing.
Manage purchasing data within proprietary applications and ERP systems with accuracy.
Manage and determine obsolete and/or slow moving inventory for all above mention commodities.
Manage factory activities for key commodities encompassing resource management in materials and production.

Management analyst example responsibilities.

Manage and mediate web communities for IRS online initiatives (management resource center, etc . )
Manage cross-functional and technical teams in the analysis, development, QA, implementation and support of products.
Update, manage, and configure Wiki and JIRA portals to reflect improvements and information sharing as the PMO evolves.
Perform reviews of select teams and programs to determine whether VBA and federal policies and guidelines are effectively implement and manage.
Lead JAD sessions to bring the business users and the scrum team to same converging point on requirements and change management.
Manage all technical documentation for PMI's certification program.

Purchase analyst vs management analyst skills

Common purchase analyst skills

Purchase Orders, 13%
Supplier Performance, 11%
Continuous Improvement, 5%
ERP, 5%
Cost Analysis, 5%
Logistics, 4%

Common management analyst skills

Customer Service, 9%
Project Management, 7%
Logistics, 5%
Data Analysis, 5%
Process Improvement, 4%
Management System, 4%

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Purchase Analyst
Purchase Analyst vs Management Analyst

Updated January 8, 2025

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