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The differences between supply chain analysts and planning 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 supply chain analyst, becoming a planning analyst takes usually requires 2-4 years. Additionally, a planning analyst has an average salary of $68,137, which is higher than the $67,450 average annual salary of a supply chain analyst.
The top three skills for a supply chain analyst include supply chain, logistics and customer service. The most important skills for a planning analyst are project management, customer service, and data analysis.
| Supply Chain Analyst | Planning Analyst | |
| Yearly salary | $67,450 | $68,137 |
| Hourly rate | $32.43 | $32.76 |
| Growth rate | 28% | 11% |
| Number of jobs | 37,979 | 92,380 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 73% | Bachelor's Degree, 73% |
| Average age | 41 | 44 |
| Years of experience | 6 | 4 |
A supply chain analyst is responsible for handling the supply chain operations of an organization, aligning processes, and identifying areas of improvement to initiate procedures and create smooth supply delivery transactions. Supply chain analysts monitor the adequacy of stock inventory, including the trends in the market industry, to meet the public demands and ensuring that the business provides those interests. They also evaluate the supply cycle, from the planning stages to the final distribution, and analyzing aspects to minimize complexities and cost-reduction without compromising the quality of services.
As a planning analyst, you will be responsible for designing and implementing a company's business and marketing strategies with the goal of driving profits and reducing costs. You will propose measures to enhance an organization's overall efficiency, and guide managers on ways to strengthen profit margins through risk awareness reduced costs, and increased revenues. Other duties include conducting risk analyses to identify areas of potential failure, maintaining the business continuity program, and handling internal and external corporate communications with the investment community and industry analysts.
Supply chain analysts and planning analysts have different pay scales, as shown below.
| Supply Chain Analyst | Planning Analyst | |
| Average salary | $67,450 | $68,137 |
| Salary range | Between $50,000 And $90,000 | Between $49,000 And $93,000 |
| Highest paying City | Arlington, VA | Washington, DC |
| Highest paying state | Virginia | Rhode Island |
| Best paying company | Meta | Meta |
| Best paying industry | Manufacturing | Automotive |
There are a few differences between a supply chain analyst and a planning analyst in terms of educational background:
| Supply Chain Analyst | Planning Analyst | |
| Most common degree | Bachelor's Degree, 73% | Bachelor's Degree, 73% |
| Most common major | Business | Business |
| Most common college | Stanford University | Northwestern University |
Here are the differences between supply chain analysts' and planning analysts' demographics:
| Supply Chain Analyst | Planning Analyst | |
| Average age | 41 | 44 |
| Gender ratio | Male, 59.3% Female, 40.7% | Male, 53.4% Female, 46.6% |
| Race ratio | Black or African American, 10.3% Unknown, 5.7% Hispanic or Latino, 19.8% Asian, 11.4% White, 52.5% American Indian and Alaska Native, 0.3% | Black or African American, 8.0% Unknown, 4.5% Hispanic or Latino, 8.9% Asian, 12.6% White, 65.8% American Indian and Alaska Native, 0.2% |
| LGBT Percentage | 9% | 12% |