Inventory analyst vs operational risk analyst

The differences between inventory analysts and operational risk analysts can be seen in a few details. Each job has different responsibilities and duties. Additionally, an operational risk analyst has an average salary of $82,457, 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 an operational risk analyst are risk management, operational risk, and risk assessments.

Inventory analyst vs operational risk analyst overview

	Inventory Analyst	Operational Risk Analyst
Yearly salary	$58,944	$82,457
Hourly rate	$28.34	$39.64
Growth rate	23%	23%
Number of jobs	25,500	24,212
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 67%	Bachelor's Degree, 67%
Average age	45	45
Years of experience	-	-

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 operational risk analyst do?

An operational risk analyst is responsible for evaluating the company's operational processes and policies and identify procedures that pose risks for the business. Operational risk analysts strategize techniques to minimize financial loss and prevent operational hazards that may cause delays in operation and affect the quality of deliverables. They analyze incident reports and other underlying factors to improve services and develop opportunities that would bring more revenue resources and profits for the business. An operational risk analyst may also facilitate safety training and programs for employees to reiterate guidelines and regulations for compliance.

Inventory analyst vs operational risk analyst salary

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

	Inventory Analyst	Operational Risk Analyst
Average salary	$58,944	$82,457
Salary range	Between $42,000 And $80,000	Between $60,000 And $112,000
Highest paying City	San Francisco, CA	San Francisco, CA
Highest paying state	California	Maryland
Best paying company	Intel	PayPal
Best paying industry	Manufacturing	Automotive

Differences between inventory analyst and operational risk analyst education

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

	Inventory Analyst	Operational Risk Analyst
Most common degree	Bachelor's Degree, 67%	Bachelor's Degree, 67%
Most common major	Business	Business
Most common college	University of Southern California	University of Southern California

Inventory analyst vs operational risk analyst demographics

Here are the differences between inventory analysts' and operational risk analysts' demographics:

	Inventory Analyst	Operational Risk Analyst
Average age	45	45
Gender ratio	Male, 56.1% Female, 43.9%	Male, 45.5% Female, 54.5%
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, 12.4% Unknown, 6.0% Hispanic or Latino, 14.3% Asian, 10.4% White, 56.3% American Indian and Alaska Native, 0.6%
LGBT Percentage	9%	9%

Differences between inventory analyst and operational risk 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.

Operational risk analyst example responsibilities.

Manage and update SQL databases to solve technical problems.
Manage treasury workstation steering team for automation of core treasury operations for increase reliability of financial reporting and decision making.
Prepare SAR (suspicious activity reports) reports to cases.
Apply knowledge of fixed-income securities to structure restrictions on exposure to risk.
Review, document & investigate transactions to ensure rules set by BSA are followed.
Perform reconciliations to improve efficiency and control of securities, commodities, and futures businesses.

Inventory analyst vs operational risk analyst skills

Common inventory analyst skills

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

Common operational risk analyst skills

Risk Management, 17%
Operational Risk, 15%
Risk Assessments, 8%
Strong Analytical, 5%
Internal Audit, 4%
Internal Controls, 4%

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Inventory Analyst vs Operational Risk Analyst

Updated January 8, 2025

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