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The differences between material analysts and inventory control analysts can be seen in a few details. Each job has different responsibilities and duties. Additionally, a material analyst has an average salary of $66,092, which is higher than the $54,184 average annual salary of an inventory control analyst.
The top three skills for a material analyst include supply chain, logistics and MRP. The most important skills for an inventory control analyst are logistics, inventory control procedures, and inventory management.
| Material Analyst | Inventory Control Analyst | |
| Yearly salary | $66,092 | $54,184 |
| Hourly rate | $31.77 | $26.05 |
| Growth rate | 28% | 23% |
| Number of jobs | 48,758 | 48,044 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 65% | Bachelor's Degree, 60% |
| Average age | 48 | 45 |
| Years of experience | 6 | - |
A materials analyst is responsible for managing the assets and materials of an organization, ensuring the adequacy of office inventories to support business operational functions. Materials analysts identify cost-reduction materials by coordinating with trusted suppliers and third-party vendors. They handle the distribution of goods and order processes according to the company's supply chain management. A materials analyst must have excellent organizational and analytical skills, especially in conducting data and statistical analysis to obtain high-quality materials that would meet the customers' demands.
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.
Material analysts and inventory control analysts have different pay scales, as shown below.
| Material Analyst | Inventory Control Analyst | |
| Average salary | $66,092 | $54,184 |
| Salary range | Between $49,000 And $88,000 | Between $39,000 And $74,000 |
| Highest paying City | Union City, CA | Oakland, CA |
| Highest paying state | California | Delaware |
| Best paying company | Micron Technology | VF |
| Best paying industry | Automotive | Transportation |
There are a few differences between a material analyst and an inventory control analyst in terms of educational background:
| Material Analyst | Inventory Control Analyst | |
| Most common degree | Bachelor's Degree, 65% | Bachelor's Degree, 60% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Southern California |
Here are the differences between material analysts' and inventory control analysts' demographics:
| Material Analyst | Inventory Control Analyst | |
| Average age | 48 | 45 |
| Gender ratio | Male, 53.4% Female, 46.6% | Male, 56.6% Female, 43.4% |
| Race ratio | Black or African American, 9.0% Unknown, 4.4% Hispanic or Latino, 12.4% Asian, 7.8% White, 65.6% American Indian and Alaska Native, 0.8% | 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% |
| LGBT Percentage | 7% | 9% |