Inventory analyst vs data analyst

The differences between inventory analysts and data analysts can be seen in a few details. Each job has different responsibilities and duties. Additionally, a data analyst has an average salary of $74,342, which is higher than the $58,944 average annual salary of an inventory analyst.

The top three skills for an inventory analyst include supply chain, customer service and logistics. The most important skills for a data analyst are data analysis, python, and power bi.

Inventory analyst vs data analyst overview

	Inventory Analyst	Data Analyst
Yearly salary	$58,944	$74,342
Hourly rate	$28.34	$35.74
Growth rate	23%	11%
Number of jobs	25,500	167,520
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 67%	Bachelor's Degree, 65%
Average age	45	44
Years of experience	-	4

What does an inventory analyst do?

An inventory analyst is an individual who is responsible for managing inventory items and the daily inventory operations of an organization. Inventory analysts are required to analyze inventory statistics and perform financial analytics to determine which products are selling the most and which are under-performing. They must coordinate with project managers and shipping supervisors to plan and schedule pickups of inventory items. Inventory analysts also order inventory from vendors and document any inventory discrepancies, such as missing items.

What does a data analyst do?

Data analysts are responsible for interpreting the company's statistics and providing sound recommendations to the organization. They manage the organization's data sets, usually related to market performance, finance, or human resources. They are in charge of studying the available data, spotting trends, interpreting what the data and the trends mean, and recommending suggestions that will help the organization perform better. Their recommendations should also be relevant and backed up with strong analyses. Data analysts are expected to have a good grasp of the current market trends in the industry.

Inventory analyst vs data analyst salary

Inventory analysts and data analysts have different pay scales, as shown below.

	Inventory Analyst	Data Analyst
Average salary	$58,944	$74,342
Salary range	Between $42,000 And $80,000	Between $53,000 And $103,000
Highest paying City	San Francisco, CA	Richmond, CA
Highest paying state	California	New Jersey
Best paying company	Intel	The Citadel
Best paying industry	Manufacturing	Finance

Differences between inventory analyst and data analyst education

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

	Inventory Analyst	Data Analyst
Most common degree	Bachelor's Degree, 67%	Bachelor's Degree, 65%
Most common major	Business	Business
Most common college	University of Southern California	Northwestern University

Inventory analyst vs data analyst demographics

Here are the differences between inventory analysts' and data analysts' demographics:

	Inventory Analyst	Data Analyst
Average age	45	44
Gender ratio	Male, 56.1% Female, 43.9%	Male, 50.2% Female, 49.8%
Race ratio	Black or African American, 12.1% Unknown, 6.0% Hispanic or Latino, 14.3% Asian, 8.5% White, 58.4% American Indian and Alaska Native, 0.6%	Black or African American, 7.5% Unknown, 4.4% Hispanic or Latino, 8.5% Asian, 14.5% White, 64.9% American Indian and Alaska Native, 0.2%
LGBT Percentage	9%	12%

Differences between inventory analyst and data analyst duties and responsibilities

Inventory analyst example responsibilities.

Manage vendor compliance and EDI contacts; set up new vendors and monitor EDI data flow.
Manage inventory procurement through MRP software.
Manage production and non-production stockrooms to ensure that inventory FIFO exceed industry standards.
Manage inventory levels by running bi-weekly MRP reports by identifying and validating purchasing requirements.
Collect, document, monitor, and review inventory data for accuracy and timeliness within an ERP SL system.
Analyze inventory transactions within ERP system.

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Data analyst example responsibilities.

Manage patient s data in UNIX system.
Manage loan performance in Hyperion Financials using SQL and PL/SQL tools.
Manage and contribute to EDI processes ensuring HIPAA compliance and access to clearing house review on individual case status.
Develop Java application to automate reformatting of text files for an internal application.
Execute deterministic modeling and Monte Carlo simulations in MATLAB to achieve greater mathematical confidence in results obtain from analysis.
Manage weapon system project websites via SharePoint, including troubleshooting technical issues and developing guidelines for public/private information and user permissions.

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Inventory analyst vs data analyst skills

Common inventory analyst skills

Supply Chain, 12%
Customer Service, 9%
Logistics, 7%
Purchase Orders, 6%
Inventory Control, 5%
Manage Inventory, 4%

Common data analyst skills

Data Analysis, 10%
Python, 7%
Power Bi, 6%
Data Management, 6%
Visualization, 5%
Data Quality, 4%

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Updated January 8, 2025

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