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The differences between senior demand planners and purchasing buyers can be seen in a few details. Each job has different responsibilities and duties. It typically takes 4-6 years to become both a senior demand planner and a purchasing buyer. Additionally, a senior demand planner has an average salary of $89,229, which is higher than the $47,471 average annual salary of a purchasing buyer.
The top three skills for a senior demand planner include demand planning, forecast accuracy and supply chain planning. The most important skills for a purchasing buyer are purchase orders, logistics, and cost savings.
| Senior Demand Planner | Purchasing Buyer | |
| Yearly salary | $89,229 | $47,471 |
| Hourly rate | $42.90 | $22.82 |
| Growth rate | 28% | - |
| Number of jobs | 26,865 | 21,158 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 73% | Bachelor's Degree, 55% |
| Average age | 41 | 48 |
| Years of experience | 6 | 6 |
Senior demand planners are responsible for new product introduction and instrument forecasting inside the demand planning team. Their duty is an important part of the supply chain operation, and they perform closely with business operations, marketing, manufacturing, sourcing, and engineering to make certain service level expectations and inventory accessibility are met. Basic duties include creating planning margins in material requirements planning, evaluating demand trend data, and demonstrating to the leadership organization. Also, they essentially create models, procedures, and databases for data reporting and assimilation. Additionally, they design transition strategies and predictions as well as observe monthly performance to plan, identify, and convey trends that stipulate gaps.
In a retail setting, a purchasing buyer is primarily responsible for devising strategies for procuring supplies, ensuring that it aligns with the company's needs and standards. They are also responsible for conducting thorough marketing research and analysis, coordinating with different departments to gather and process documentation, liaising and negotiating with vendors and suppliers, and keeping track of all purchasing orders to ensure accuracy and timeliness. Furthermore, as a purchasing buyer, it is essential to maintain records of all transactions and submit regular reports to supervisors.
Senior demand planners and purchasing buyers have different pay scales, as shown below.
| Senior Demand Planner | Purchasing Buyer | |
| Average salary | $89,229 | $47,471 |
| Salary range | Between $68,000 And $116,000 | Between $35,000 And $62,000 |
| Highest paying City | San Francisco, CA | Goleta, CA |
| Highest paying state | California | California |
| Best paying company | Microsoft | Aramco Services Company |
| Best paying industry | Technology | Automotive |
There are a few differences between a senior demand planner and a purchasing buyer in terms of educational background:
| Senior Demand Planner | Purchasing Buyer | |
| Most common degree | Bachelor's Degree, 73% | Bachelor's Degree, 55% |
| Most common major | Business | Business |
| Most common college | Stanford University | University of Pennsylvania |
Here are the differences between senior demand planners' and purchasing buyers' demographics:
| Senior Demand Planner | Purchasing Buyer | |
| Average age | 41 | 48 |
| Gender ratio | Male, 55.5% Female, 44.5% | Male, 41.9% Female, 58.1% |
| Race ratio | Black or African American, 10.2% Unknown, 5.4% Hispanic or Latino, 21.8% Asian, 10.5% White, 51.8% American Indian and Alaska Native, 0.3% | Black or African American, 9.0% Unknown, 4.4% Hispanic or Latino, 12.4% Asian, 7.8% White, 65.7% American Indian and Alaska Native, 0.8% |
| LGBT Percentage | 9% | 7% |