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Inventory analyst vs supply systems analyst

The differences between inventory analysts and supply systems analysts can be seen in a few details. Each job has different responsibilities and duties. Additionally, a supply systems analyst has an average salary of $69,146, 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 supply systems analyst are management system, logistics support, and inventory management.

Inventory analyst vs supply systems analyst overview

Inventory AnalystSupply Systems Analyst
Yearly salary$58,944$69,146
Hourly rate$28.34$33.24
Growth rate23%23%
Number of jobs25,50097,202
Job satisfaction--
Most common degreeBachelor's Degree, 67%Bachelor's Degree, 63%
Average age4545
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 supply systems analyst do?

Supply systems analyst professionals are responsible for collecting and analyzing data that will improve the supply chain operations of an organization. These analysts are required to develop and perform logistics management operations that can involve planning, costing, coordinating, and relevant program evaluations. They must support planning and inventory management by developing applications that can perform automated inventory management and reporting. They must also liaise between the production and warehouse management to ensure the proper flow of product through the supply chain.

Inventory analyst vs supply systems analyst salary

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

Inventory AnalystSupply Systems Analyst
Average salary$58,944$69,146
Salary rangeBetween $42,000 And $80,000Between $49,000 And $97,000
Highest paying CitySan Francisco, CASan Francisco, CA
Highest paying stateCaliforniaCalifornia
Best paying companyIntelMayo Clinic
Best paying industryManufacturingGovernment

Differences between inventory analyst and supply systems analyst education

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

Inventory AnalystSupply Systems Analyst
Most common degreeBachelor's Degree, 67%Bachelor's Degree, 63%
Most common majorBusinessBusiness
Most common collegeUniversity of Southern CaliforniaUniversity of Southern California

Inventory analyst vs supply systems analyst demographics

Here are the differences between inventory analysts' and supply systems analysts' demographics:

Inventory AnalystSupply Systems Analyst
Average age4545
Gender ratioMale, 56.1% Female, 43.9%Male, 58.4% Female, 41.6%
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, 14.3% Unknown, 6.0% Hispanic or Latino, 13.7% Asian, 8.3% White, 57.1% American Indian and Alaska Native, 0.6%
LGBT Percentage9%9%

Differences between inventory analyst and supply systems 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.
  • Show more

Supply systems analyst example responsibilities.

  • Develop and implement schedules for managing the operations of the base supply system using UNIX and SQL databases.
  • Manage the month-end financial statement reporting process, including journal entry preparation, and account reconciliations.
  • Serve as functional lead for ERP software package evaluation and selection.
  • Monitor trends and deficiencies identify through DSS and formulate viable solutions.
  • Conduct seminars to educate suppliers on EDI and the company's requirements.
  • Attend yearly seminars to maintain knowledge of EDI and the latest tools.
  • Show more

Inventory analyst vs supply systems analyst skills

Common inventory analyst skills
  • Supply Chain, 12%
  • Customer Service, 9%
  • Logistics, 7%
  • Purchase Orders, 6%
  • Inventory Control, 5%
  • Manage Inventory, 4%
Common supply systems analyst skills
  • Management System, 12%
  • Logistics Support, 11%
  • Inventory Management, 6%
  • ERP, 6%
  • Chain Management, 5%
  • Technical Assistance, 5%

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