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Inventory analyst vs inventory coordinator

The differences between inventory analysts and inventory coordinators can be seen in a few details. Each job has different responsibilities and duties. Additionally, an inventory analyst has an average salary of $58,944, which is higher than the $37,142 average annual salary of an inventory coordinator.

The top three skills for an inventory analyst include supply chain, customer service and logistics. The most important skills for an inventory coordinator are customer service, cleanliness, and sales floor.

Inventory analyst vs inventory coordinator overview

Inventory AnalystInventory Coordinator
Yearly salary$58,944$37,142
Hourly rate$28.34$17.86
Growth rate23%-3%
Number of jobs25,50038,774
Job satisfaction--
Most common degreeBachelor's Degree, 67%Bachelor's Degree, 49%
Average age4545
Years of experience-2

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 an inventory coordinator do?

An inventory coordinator specializes in overseeing the supply flow of materials in a warehouse or similar setting. It is their responsibility to manage and handle the inventory, ensuring that the quantity and quality of materials align with company standards. Moreover, they are also responsible for assessing staff's performance, coordinating with different employees to ensure the accuracy of services, gathering and organizing data, maintaining records of transactions, and responding to any inquiries or concerns. As an inventory coordinator, it is essential to devise strategies for optimal performance, all while implementing the company's policies and regulations.

Inventory analyst vs inventory coordinator salary

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

Inventory AnalystInventory Coordinator
Average salary$58,944$37,142
Salary rangeBetween $42,000 And $80,000Between $29,000 And $46,000
Highest paying CitySan Francisco, CAGrand Forks, ND
Highest paying stateCaliforniaNorth Dakota
Best paying companyIntelBD
Best paying industryManufacturingEnergy

Differences between inventory analyst and inventory coordinator education

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

Inventory AnalystInventory Coordinator
Most common degreeBachelor's Degree, 67%Bachelor's Degree, 49%
Most common majorBusinessBusiness
Most common collegeUniversity of Southern CaliforniaWestern Carolina University

Inventory analyst vs inventory coordinator demographics

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

Inventory AnalystInventory Coordinator
Average age4545
Gender ratioMale, 56.1% Female, 43.9%Male, 56.3% Female, 43.7%
Race ratioBlack 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, 10.3% Unknown, 4.9% Hispanic or Latino, 17.0% Asian, 7.0% White, 60.3% American Indian and Alaska Native, 0.5%
LGBT Percentage9%11%

Differences between inventory analyst and inventory coordinator 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.
  • Show more

Inventory coordinator example responsibilities.

  • Manage several inventory locations within ERP system.
  • Manage delivery of raw material to production through communication with material handlers using FIFO.
  • Select components for manufacturing assembly/test orders and perform inventory transactions via ERP system.
  • Assist customers with their pet care needs, offering advice and recommendations.
  • Review existing WMS system, provide input for improvements, and provide end user training.
  • Use RF scan gun for daily functions and train for all daily functions of warehouse production.
  • Show more

Inventory analyst vs inventory coordinator skills

Common inventory analyst skills
  • Supply Chain, 12%
  • Customer Service, 9%
  • Logistics, 7%
  • Purchase Orders, 6%
  • Inventory Control, 5%
  • Manage Inventory, 4%
Common inventory coordinator skills
  • Customer Service, 25%
  • Cleanliness, 10%
  • Sales Floor, 9%
  • Physical Inventory, 6%
  • Inventory Control, 5%
  • Purchase Orders, 5%

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