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The differences between decision analysts and senior inventory analysts can be seen in a few details. Each job has different responsibilities and duties. Additionally, a senior inventory analyst has an average salary of $80,045, which is higher than the $79,900 average annual salary of a decision analyst.
The top three skills for a decision analyst include data analysis, SQL and SAS. The most important skills for a senior inventory analyst are supply chain, logistics, and manage inventory.
| Decision Analyst | Senior Inventory Analyst | |
| Yearly salary | $79,900 | $80,045 |
| Hourly rate | $38.41 | $38.48 |
| Growth rate | 23% | 23% |
| Number of jobs | 62,744 | 30,328 |
| Job satisfaction | - | 5 |
| Most common degree | Bachelor's Degree, 64% | Bachelor's Degree, 75% |
| Average age | 45 | 45 |
| Years of experience | - | - |
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.
A senior inventory analyst plays a vital role in optimizing a company's supply chain and inventory operations. They spearhead research projects, gather and analyze consumer and market data, study the behavior of external business partners and competitors, develop sales forecasts, conduct risk assessments, and develop business strategies. Through their research findings, a senior inventory analyst generates detailed reports that help companies make decisions. Moreover, as a senior inventory analyst, it is essential to oversee junior specialists and lead staff to reach goals while implementing company standards and regulations.
Decision analysts and senior inventory analysts have different pay scales, as shown below.
| Decision Analyst | Senior Inventory Analyst | |
| Average salary | $79,900 | $80,045 |
| Salary range | Between $57,000 And $110,000 | Between $58,000 And $109,000 |
| Highest paying City | San Francisco, CA | San Francisco, CA |
| Highest paying state | Washington | Washington |
| Best paying company | Meta | Amazon |
| Best paying industry | Finance | Manufacturing |
There are a few differences between a decision analyst and a senior inventory analyst in terms of educational background:
| Decision Analyst | Senior Inventory Analyst | |
| Most common degree | Bachelor's Degree, 64% | Bachelor's Degree, 75% |
| Most common major | Business | Business |
| Most common college | Columbia University in the City of New York | University of Southern California |
Here are the differences between decision analysts' and senior inventory analysts' demographics:
| Decision Analyst | Senior Inventory Analyst | |
| Average age | 45 | 45 |
| Gender ratio | Male, 53.3% Female, 46.7% | Male, 58.0% Female, 42.0% |
| Race ratio | Black 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, 12.7% Unknown, 6.0% Hispanic or Latino, 14.5% Asian, 8.4% White, 57.8% American Indian and Alaska Native, 0.6% |
| LGBT Percentage | 9% | 9% |