Explore jobs
Find specific jobs
Explore careers
Explore professions
Best companies
Explore companies
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 | Inventory Coordinator | |
| Yearly salary | $58,944 | $37,142 |
| Hourly rate | $28.34 | $17.86 |
| Growth rate | 23% | -3% |
| Number of jobs | 25,500 | 38,774 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 67% | Bachelor's Degree, 49% |
| Average age | 45 | 45 |
| Years of experience | - | 2 |
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.
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 analysts and inventory coordinators have different pay scales, as shown below.
| Inventory Analyst | Inventory Coordinator | |
| Average salary | $58,944 | $37,142 |
| Salary range | Between $42,000 And $80,000 | Between $29,000 And $46,000 |
| Highest paying City | San Francisco, CA | Grand Forks, ND |
| Highest paying state | California | North Dakota |
| Best paying company | Intel | BD |
| Best paying industry | Manufacturing | Energy |
There are a few differences between an inventory analyst and an inventory coordinator in terms of educational background:
| Inventory Analyst | Inventory Coordinator | |
| Most common degree | Bachelor's Degree, 67% | Bachelor's Degree, 49% |
| Most common major | Business | Business |
| Most common college | University of Southern California | Western Carolina University |
Here are the differences between inventory analysts' and inventory coordinators' demographics:
| Inventory Analyst | Inventory Coordinator | |
| Average age | 45 | 45 |
| Gender ratio | Male, 56.1% Female, 43.9% | Male, 56.3% Female, 43.7% |
| 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, 10.3% Unknown, 4.9% Hispanic or Latino, 17.0% Asian, 7.0% White, 60.3% American Indian and Alaska Native, 0.5% |
| LGBT Percentage | 9% | 11% |