Inventory analyst vs senior inventory analyst

The differences between inventory 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 $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 senior inventory analyst are supply chain, logistics, and manage inventory.

Inventory analyst vs senior inventory analyst overview

	Inventory Analyst	Senior Inventory Analyst
Yearly salary	$58,944	$80,045
Hourly rate	$28.34	$38.48
Growth rate	23%	23%
Number of jobs	25,500	30,328
Job satisfaction	-	5
Most common degree	Bachelor's Degree, 67%	Bachelor's Degree, 75%
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 a senior inventory analyst do?

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.

Inventory analyst vs senior inventory analyst salary

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

	Inventory Analyst	Senior Inventory Analyst
Average salary	$58,944	$80,045
Salary range	Between $42,000 And $80,000	Between $58,000 And $109,000
Highest paying City	San Francisco, CA	San Francisco, CA
Highest paying state	California	Washington
Best paying company	Intel	Amazon
Best paying industry	Manufacturing	Manufacturing

Differences between inventory analyst and senior inventory analyst education

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

	Inventory Analyst	Senior Inventory Analyst
Most common degree	Bachelor's Degree, 67%	Bachelor's Degree, 75%
Most common major	Business	Business
Most common college	University of Southern California	University of Southern California

Inventory analyst vs senior inventory analyst demographics

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

	Inventory Analyst	Senior Inventory Analyst
Average age	45	45
Gender ratio	Male, 56.1% Female, 43.9%	Male, 58.0% Female, 42.0%
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, 12.7% 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%

Differences between inventory analyst and senior inventory 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.

Senior inventory analyst example responsibilities.

Develop, implement, and manage an effective cycle count program for raw materials, WIP, and finish goods.
Monitor KPI life cycles via ladder plans down to SKU level and collaborate with teams and vendors to manage exit strategies.
Manage production and non-production stockrooms to ensure that inventory FIFO exceed industry standards.
Maintain accurate level of material in the ERP system.
Develop an initial Kanban sizing, SAPA and ERP systems for all manufacture parts.
Improve data integrity by correcting CIMPRO MRP database, system logic errors & transaction procedures.

Inventory analyst vs senior inventory analyst skills

Common inventory analyst skills

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

Common senior inventory analyst skills

Supply Chain, 17%
Logistics, 10%
Manage Inventory, 7%
SR, 6%
Process Improvement, 6%
Inventory Planning, 4%

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Inventory Analyst vs Senior Inventory Analyst

Updated January 8, 2025

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