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The differences between inventory control 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 $54,184 average annual salary of an inventory control analyst.
The top three skills for an inventory control analyst include logistics, inventory control procedures and inventory management. The most important skills for an operational risk analyst are risk management, operational risk, and risk assessments.
| Inventory Control Analyst | Operational Risk Analyst | |
| Yearly salary | $54,184 | $82,457 |
| Hourly rate | $26.05 | $39.64 |
| Growth rate | 23% | 23% |
| Number of jobs | 48,044 | 24,212 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 60% | Bachelor's Degree, 67% |
| Average age | 45 | 45 |
| Years of experience | - | - |
An Inventory Control Analyst is responsible for managing the adequacy of inventories for distribution and business operations. Inventory Control Analysts inspect the quality of tools and materials required for the production and identify cost-reduction opportunities without compromising the quality standards. They also perform administrative and clerical duties, such as filing reports, creating purchase requests, processing customers' orders and payments, and overseeing sales targets. An Inventory Control Analyst must have excellent organizational and computer skills, especially handling and updating databases and updating information for accurate reference.
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 control analysts and operational risk analysts have different pay scales, as shown below.
| Inventory Control Analyst | Operational Risk Analyst | |
| Average salary | $54,184 | $82,457 |
| Salary range | Between $39,000 And $74,000 | Between $60,000 And $112,000 |
| Highest paying City | Oakland, CA | San Francisco, CA |
| Highest paying state | Delaware | Maryland |
| Best paying company | VF | PayPal |
| Best paying industry | Transportation | Automotive |
There are a few differences between an inventory control analyst and an operational risk analyst in terms of educational background:
| Inventory Control Analyst | Operational Risk Analyst | |
| Most common degree | Bachelor's Degree, 60% | Bachelor's Degree, 67% |
| Most common major | Business | Business |
| Most common college | University of Southern California | University of Southern California |
Here are the differences between inventory control analysts' and operational risk analysts' demographics:
| Inventory Control Analyst | Operational Risk Analyst | |
| Average age | 45 | 45 |
| Gender ratio | Male, 56.6% Female, 43.4% | Male, 45.5% Female, 54.5% |
| Race ratio | Black or African American, 12.5% Unknown, 6.0% Hispanic or Latino, 14.6% Asian, 8.4% White, 57.8% 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% |