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The differences between replenishment analysts and product analysts can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 4-6 years to become a replenishment analyst, becoming a product analyst takes usually requires 2-4 years. Additionally, a product analyst has an average salary of $79,316, which is higher than the $65,857 average annual salary of a replenishment analyst.
The top three skills for a replenishment analyst include supply chain, purchase orders and logistics. The most important skills for a product analyst are tableau, data analysis, and product management.
| Replenishment Analyst | Product Analyst | |
| Yearly salary | $65,857 | $79,316 |
| Hourly rate | $31.66 | $38.13 |
| Growth rate | 19% | 11% |
| Number of jobs | 8,790 | 176,369 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 80% | Bachelor's Degree, 73% |
| Average age | 37 | 44 |
| Years of experience | 6 | 4 |
Replenishment analysts are professionals who are responsible for managing inventories while ensuring necessary materials are replenished for a company or specific department. These analysts are required to collaborate with production and supply chain teams so that they can ensure the availability of the product and meet the changing demand needs of their customers. They must effectively and accurately obtain purchase orders from multiple vendors and customers. Replenishment analysts must also maximize profit levels by effectively managing inventory levels and utilizing the E3 replenishment system.
A product analyst job utilizes data analysis software and notates trends in market research. Primarily, analysts project the costs of product development and marketing. They think of the possibilities for profit and sales and monitor the performance of products on the market to come up with a better product. Their responsibilities include company product evaluation, product understanding, and product rating reviews. Familiarity with Microsoft Office Suite, strong communication skills, and proficiency in database software is necessary for this job.
Replenishment analysts and product analysts have different pay scales, as shown below.
| Replenishment Analyst | Product Analyst | |
| Average salary | $65,857 | $79,316 |
| Salary range | Between $48,000 And $89,000 | Between $56,000 And $111,000 |
| Highest paying City | New York, NY | Seattle, WA |
| Highest paying state | Delaware | Washington |
| Best paying company | Fanatics | Meta |
| Best paying industry | Manufacturing | Technology |
There are a few differences between a replenishment analyst and a product analyst in terms of educational background:
| Replenishment Analyst | Product Analyst | |
| Most common degree | Bachelor's Degree, 80% | Bachelor's Degree, 73% |
| Most common major | Business | Business |
| Most common college | University of Georgia | University of Georgia |
Here are the differences between replenishment analysts' and product analysts' demographics:
| Replenishment Analyst | Product Analyst | |
| Average age | 37 | 44 |
| Gender ratio | Male, 45.4% Female, 54.6% | Male, 53.2% Female, 46.8% |
| Race ratio | Black or African American, 5.3% Unknown, 5.0% Hispanic or Latino, 12.6% Asian, 9.6% White, 67.4% American Indian and Alaska Native, 0.1% | Black or African American, 7.6% Unknown, 4.5% Hispanic or Latino, 8.5% Asian, 14.6% White, 64.6% American Indian and Alaska Native, 0.2% |
| LGBT Percentage | 10% | 12% |