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Decision analyst vs inventory control analyst

The differences between decision analysts and inventory control analysts can be seen in a few details. Each job has different responsibilities and duties. Additionally, a decision analyst has an average salary of $79,900, which is higher than the $54,184 average annual salary of an inventory control analyst.

The top three skills for a decision analyst include data analysis, SQL and SAS. The most important skills for an inventory control analyst are logistics, inventory control procedures, and inventory management.

Decision analyst vs inventory control analyst overview

Decision AnalystInventory Control Analyst
Yearly salary$79,900$54,184
Hourly rate$38.41$26.05
Growth rate23%23%
Number of jobs62,74448,044
Job satisfaction--
Most common degreeBachelor's Degree, 64%Bachelor's Degree, 60%
Average age4545
Years of experience--

What does a decision analyst do?

A decision analyst helps companies make decisions using different research strategies and mathematical equations based on relevant data. Although their duties vary upon their industry or company of employment, it usually includes understanding the company's vision and mission, conducting market research and analyses, gathering and interpreting data, analyzing consumer feedback, developing sales forecasts, performing risk assessments, and studying the competition. Through their research findings, a decision analyst comes to a conclusion and develops recommendations that will not just help make decisions but also be vital in optimizing procedures and solving existing issues.

What does an inventory control analyst do?

An Inventory Control Analyst is responsible for managing the adequacy of inventories for distribution and business operations. Inventory Control Analysts inspect the quality of tools and materials required for the production and identify cost-reduction opportunities without compromising the quality standards. They also perform administrative and clerical duties, such as filing reports, creating purchase requests, processing customers' orders and payments, and overseeing sales targets. An Inventory Control Analyst must have excellent organizational and computer skills, especially handling and updating databases and updating information for accurate reference.

Decision analyst vs inventory control analyst salary

Decision analysts and inventory control analysts have different pay scales, as shown below.

Decision AnalystInventory Control Analyst
Average salary$79,900$54,184
Salary rangeBetween $57,000 And $110,000Between $39,000 And $74,000
Highest paying CitySan Francisco, CAOakland, CA
Highest paying stateWashingtonDelaware
Best paying companyMetaVF
Best paying industryFinanceTransportation

Differences between decision analyst and inventory control analyst education

There are a few differences between a decision analyst and an inventory control analyst in terms of educational background:

Decision AnalystInventory Control Analyst
Most common degreeBachelor's Degree, 64%Bachelor's Degree, 60%
Most common majorBusinessBusiness
Most common collegeColumbia University in the City of New YorkUniversity of Southern California

Decision analyst vs inventory control analyst demographics

Here are the differences between decision analysts' and inventory control analysts' demographics:

Decision AnalystInventory Control Analyst
Average age4545
Gender ratioMale, 53.3% Female, 46.7%Male, 56.6% Female, 43.4%
Race ratioBlack or African American, 11.9% Unknown, 5.9% Hispanic or Latino, 12.9% Asian, 13.7% White, 55.0% American Indian and Alaska Native, 0.6%Black or African American, 12.5% Unknown, 6.0% Hispanic or Latino, 14.6% Asian, 8.4% White, 57.8% American Indian and Alaska Native, 0.6%
LGBT Percentage9%9%

Differences between decision analyst and inventory control analyst duties and responsibilities

Decision analyst example responsibilities.

  • Lead the project life cycle from business requirements through implementation to convert the PeopleSoft AP reporting platform to Cognos.
  • Lead an enterprise resource planning (ERP) system selection, including gathering requirements, vendor evaluation and business case development.
  • Manage vendors and supervise campus project initiatives to provide infrastructure upgrades.
  • Provide reporting to senior management; manage invoice payment, collections and reconciliations.
  • Manage all logistics and supply chain operations that facilitate sales delivery with minimal disruption to distribution, following all compliance standards.
  • Work for simulation in python and java.
  • Show more

Inventory control analyst example responsibilities.

  • Manage the implementation and roll-out of SharePoint as a team collaboration and document management tool.
  • Prepare weekly and monthly inventory control and performance reporting from the data collect in the warehouse management system (WMS).
  • Coordinate the procurement, logistics, inventory management, and supplier relations operations.
  • Document all the new processes create and include them in the ISO procedures.
  • Create and set up - new item numbers, UPC codes and BOM in company database.
  • Procure materials base on MRP analysis to support marketing plan and follow up with vendors to ensure availability.
  • Show more

Decision analyst vs inventory control analyst skills

Common decision analyst skills
  • Data Analysis, 26%
  • SQL, 18%
  • SAS, 17%
  • PowerPoint, 9%
  • Data Collection, 8%
  • Credit Card, 4%
Common inventory control analyst skills
  • Logistics, 10%
  • Inventory Control Procedures, 7%
  • Inventory Management, 5%
  • WMS, 5%
  • Purchase Orders, 5%
  • Process Improvement, 5%

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