How Much Do Material Planning Analyst Make?
How much do material planning analyst make? Discover the average salary, base salary, and compensation for material planning analyst in the analysis & research category. Learn about material planning analyst pay per hour, per week, per month, and per annum with detailed salary ranges from $60,000 to $85,000.
How Much Do Material Planning Analyst Make? Complete Salary Guide
How much do material planning analyst make? This is one of the most common questions in career planning. Material Planning Analyst in the Analysis & Research field can expect to earn an average salary of $85,000 per year, with entry-level positions starting at $60,000 and experienced professionals earning up to $85,000 annually.
When breaking down the average salary of material planning analyst by time periods, material planning analyst typically make around $7,083.333 per month and approximately $1,634.615 per week. The basic salary of material planning analyst varies significantly based on experience level, location, and industry specialization. Entry-level material planning analyst typically start with a base salary of $60,000, while mid-career professionals earn an average of $80,000, and senior-level roles can command salaries exceeding $85,000.
The salary landscape for material planning analyst is influenced by several key factors including geographic location, years of experience, educational background, and specific industry demands. How much do material planning analyst make in a week? On average, this translates to approximately $1,634.615 per week. How much do material planning analyst make per annum? The annual salary range spans from $55,000 to $90,000, with the median salary sitting at $85,000. Additionally, many material planning analyst receive bonuses averaging $5,000 annually, representing approximately 10.25% of their base salary.
How Much Do Material Planning Analyst Get Paid Per Annum? Material Planning Analyst Salary
Annual salary data for material planning analyst across different experience levels, showing entry-level, mid-career, and experienced professional compensation ranges based on industry standards.
Entry Level Annual Salary
Mid-Career Annual Salary
Experienced Annual Salary
How Much Do Material Planning Analyst Get Paid in a Month? Material Planning Analyst Monthly Salary
Monthly salary breakdowns for material planning analyst at different career stages, providing practical budgeting insights and compensation expectations for financial planning.
Entry Level Monthly Salary
Mid-Career Monthly Salary
Experienced Monthly Salary
How Much Do Material Planning Analyst Get Paid in Different Locations?
Geographic salary variations for material planning analyst across different cities and regions, including cost of living adjustments and regional market demand factors that impact compensation.
Material Planning Analyst Salary Trends
Historical salary progression for material planning analyst over the past years, showing year-over-year compensation growth and market trends in the industry.
Material Planning Analyst Salary Trends (2020 - 2025)
Bonus & Compensation Package
Additional compensation beyond base salary, including bonuses, commissions, and overtime opportunities that contribute to total annual earnings.
Bonus Percentage
of annual salary
Bonuses for Material Planning Analysts are usually based on performance metrics, achieving targets, and overall company profitability during the fiscal year.
Average Bonus
annually
Commission
Commission or incentive opportunities for a Material Planning Analyst role vary by company, but many offer performance bonuses based on efficiency and cost-saving achievements.
Overtime
Overtime pay for Material Planning Analysts varies by company; it's common in high-demand periods or project deadlines, but not guaranteed.
Employee Benefits Package
Comprehensive benefits and perks provided to employees, including health coverage, retirement plans, time off policies, and professional development opportunities.
Comprehensive Benefits
Typical benefits for a Material Planning Analyst include health insurance, 401(k) retirement plans, paid time off (PTO), flexible work schedules, professional development opportunities, and performance bonuses.
Material Planning Analyst Job Overview
Comprehensive details about the material planning analyst role including daily responsibilities, work environment, physical demands, and key tasks that define this career path.
About This Role
A Material Planning Analyst ensures optimal inventory levels by analyzing supply chain data, forecasting demand, and coordinating procurement processes. They collaborate with suppliers and internal teams to streamline operations, reduce costs, and enhance efficiency. Their strategic insights contribute to timely product availability and support overall business objectives.
Primary Responsibilities
Demand forecasting, inventory management, production scheduling, data analysis, supplier coordination, material procurement, cost optimization, process improvement, reporting and documentation, cross-functional collaboration.
Day-to-Day Tasks
A Material Planning Analyst reviews inventory levels, forecasts demand, coordinates with suppliers, analyzes production schedules, ensures timely material availability, and collaborates with cross-functional teams to optimize supply chain efficiency.
Work Environment
Hybrid
Material Planning Analysts typically work in office environments, using software tools, collaborating with teams, and analyzing data for inventory management.
Physical Demands
Moderate
Material Planning Analysts typically work in office environments, requiring proficiency in computer use, data analysis, and communication skills, with minimal physical demands.
Material Planning Analyst Requirements & Prerequisites
Essential qualifications and credentials needed to pursue a career as a material planning analyst, including educational background, certifications, and experience requirements.
Education
Bachelor's degree.
Field: Supply Chain Management, Business Administration, Industrial Engineering, Operations Management, Logistics, Manufacturing Engineering, Statistics, Economics, Mathematics.
Experience
3 years
Employers seek candidates with strong analytical skills, experience in inventory management, proficiency in data analysis tools, knowledge of supply chain processes, and the ability to optimize material flow efficiently.
Certifications
APICS Certified in Planning and Inventory Management (CPIM), APICS Certified Supply Chain Professional (CSCP), Six Sigma Green Belt, Lean Certification, Project Management Professional (PMP), Certified Supply Chain Manager (CSCM), ISO 9001 Lead Auditor, SAP Certified Application Associate - Production Planning, Microsoft Excel Certification.
Required Skills
Analytical skills, attention to detail, problem-solving abilities, communication skills, proficiency in data analysis tools, knowledge of supply chain management, organizational skills, teamwork and collaboration.
Technical Skills
Soft Skills
Material Planning Analyst Career Path
Professional progression opportunities for material planning analyst from entry-level to senior management, including typical career advancement timeline and role evolution.
Entry Level
Supply Chain Coordinator, Inventory Analyst, Production Planner
Early-career Material Planning Analysts manage inventory levels, forecast demand, coordinate supply chain activities, and ensure timely availability of materials to support production processes.
Mid-Career
Supply Chain Coordinator, Inventory Analyst, Procurement Specialist
Mid-career Material Planning Analysts manage inventory levels, forecast demand, coordinate supply chain activities, analyze data for efficiency, and ensure timely material availability for production.
Senior Management
Supply Chain Manager, Materials Planning Manager, Operations Director.
Senior Material Planning Analysts oversee inventory management, optimize supply chain processes, forecast demand, collaborate with suppliers, and ensure timely availability of materials for production.
Career Progression Timeline
Timeline: 5 years
A Material Planning Analyst typically progresses to roles such as Senior Analyst or Supply Chain Manager, gaining expertise in inventory management and strategic planning along the way. Advancement often leads to leadership positions overseeing larger teams and operations.
Material Planning Analyst Industry & Growth
Market outlook and growth prospects for material planning analyst, including industry trends, job market demand, and factors influencing career opportunities and advancement.
Job Outlook
Faster than average
Projected: 2024–2034
Industry Trends
Increased adoption of advanced analytics and AI for demand forecasting, growing emphasis on sustainability and eco-friendly supply chain practices, rising importance of cross-functional collaboration and integrated planning across departments.
Growth Factors
Growing supply chain complexities, increased data analytics reliance, demand for efficiency, inventory optimization needs, and rising global trade are driving Material Planning Analyst demand.
Future Opportunities
AI-driven supply chain optimization, sustainable materials sourcing, IoT for real-time inventory tracking, blockchain for transparency, and advanced analytics in demand forecasting.
Material Planning Analyst Related Professions
Alternative career paths and similar roles for material planning analyst, including career transitions, related positions, and advancement opportunities within the field.
Similar Roles
Career Alternatives
Upgrade Paths
Related Entry Roles
Material Planning Analyst Skills & Development
Essential skills and professional development resources for material planning analyst, including technical abilities, soft skills, recommended courses, and ongoing learning opportunities.
Technical Skills
Soft Skills Needed
Recommended Certifications
Recommended Courses
Development Resources
Training Timeline
Estimated training time
Frequently Asked Questions About Material Planning Analyst Salary
Common questions and answers about pursuing a career as a material planning analyst, covering qualifications, salary expectations, career prospects, and practical career guidance.
What qualifications are needed to become a Material Planning Analyst?
A bachelor’s degree in supply chain management, logistics, or a related field is typically required.
What skills are essential for a Material Planning Analyst?
Strong analytical skills, attention to detail, proficiency in inventory management software, and effective communication skills are essential.
What is the average salary of a Material Planning Analyst?
The average salary ranges from $60,000 to $85,000 annually, depending on experience and location.
Is certification important for a Material Planning Analyst?
While not mandatory, certifications such as APICS CPIM can enhance job prospects and credibility.
What career advancement opportunities exist for Material Planning Analysts?
They can advance to roles such as supply chain manager or operations manager with experience and additional training.
How Much Others Make?
Explore salary data for other professions to compare compensation across different career paths and industries.