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The differences between reporting 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 reporting analyst and a procurement analyst. Additionally, a reporting analyst has an average salary of $73,478, which is higher than the $64,448 average annual salary of a procurement analyst.
The top three skills for a reporting analyst include power bi, data analysis and dashboards. The most important skills for a procurement analyst are purchase orders, supplier performance, and customer service.
| Reporting Analyst | Procurement Analyst | |
| Yearly salary | $73,478 | $64,448 |
| Hourly rate | $35.33 | $30.98 |
| Growth rate | 11% | 11% |
| Number of jobs | 87,731 | 75,154 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 71% | Bachelor's Degree, 69% |
| Average age | 44 | 44 |
| Years of experience | 4 | 4 |
As a reporting analyst, you are responsible for collecting relevant reports, analyzing raw data, writing, and delivering executive-ready qualitative and/or quantitative reports as per clients' requirements. The results collected will be communicated to managers or clients, who will then provide suggestions based on their findings. This person must have excellent quantitative & qualitative analytical skills, a strong eye for detail, strong organizational and multitasking abilities, and be able to work on tight deadlines. Intermediate to advanced knowledge of Excel is a must for this position.
Procurement analysts procure favorable contracts by acting as liaisons between suppliers and their employers. They are hired by organizations that rely on supply chain management to analyze and evaluate potential suppliers, prepare reports about monthly supply costs, and negotiate contracts. With good critical thinking skills, these procurement analysts who are also known as purchasing analysts, evaluate vendors and suppliers based on the speed of delivery, quality, and price. They use quantitative methods to support fact-based decision-making to become competitive and to ensure cost-efficiency and high quality of the products and services.
Reporting analysts and procurement analysts have different pay scales, as shown below.
| Reporting Analyst | Procurement Analyst | |
| Average salary | $73,478 | $64,448 |
| Salary range | Between $56,000 And $95,000 | Between $45,000 And $91,000 |
| Highest paying City | San Francisco, CA | Washington, DC |
| Highest paying state | Washington | Maryland |
| Best paying company | Meta | PayPal |
| Best paying industry | Finance | Retail |
There are a few differences between a reporting analyst and a procurement analyst in terms of educational background:
| Reporting Analyst | Procurement Analyst | |
| Most common degree | Bachelor's Degree, 71% | Bachelor's Degree, 69% |
| Most common major | Business | Business |
| Most common college | Northwestern University | Northwestern University |
Here are the differences between reporting analysts' and procurement analysts' demographics:
| Reporting Analyst | Procurement Analyst | |
| Average age | 44 | 44 |
| Gender ratio | Male, 54.1% Female, 45.9% | Male, 47.7% Female, 52.3% |
| Race ratio | Black or African American, 7.5% Unknown, 4.4% Hispanic or Latino, 8.5% Asian, 14.4% White, 65.0% 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 Percentage | 12% | 12% |