Methods specialist vs inventory analyst

The differences between methods specialists and inventory analysts can be seen in a few details. Each job has different responsibilities and duties. Additionally, a methods specialist has an average salary of $80,177, which is higher than the $58,944 average annual salary of an inventory analyst.

The top three skills for a methods specialist include process improvement, XML and parts list. The most important skills for an inventory analyst are supply chain, customer service, and logistics.

Methods specialist vs inventory analyst overview

	Methods Specialist	Inventory Analyst
Yearly salary	$80,177	$58,944
Hourly rate	$38.55	$28.34
Growth rate	23%	23%
Number of jobs	3,453	25,500
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 55%	Bachelor's Degree, 67%
Average age	45	45
Years of experience	-	-

Methods specialist vs inventory analyst salary

Methods specialists and inventory analysts have different pay scales, as shown below.

	Methods Specialist	Inventory Analyst
Average salary	$80,177	$58,944
Salary range	Between $57,000 And $111,000	Between $42,000 And $80,000
Highest paying City	-	San Francisco, CA
Highest paying state	-	California
Best paying company	-	Intel
Best paying industry	-	Manufacturing

Differences between methods specialist and inventory analyst education

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

	Methods Specialist	Inventory Analyst
Most common degree	Bachelor's Degree, 55%	Bachelor's Degree, 67%
Most common major	Business	Business
Most common college	University of Southern California	University of Southern California

Methods specialist vs inventory analyst demographics

Here are the differences between methods specialists' and inventory analysts' demographics:

	Methods Specialist	Inventory Analyst
Average age	45	45
Gender ratio	Male, 53.7% Female, 46.3%	Male, 56.1% Female, 43.9%
Race ratio	Black or African American, 10.4% Unknown, 5.7% Hispanic or Latino, 13.8% Asian, 11.5% White, 58.0% American Indian and Alaska Native, 0.6%	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%
LGBT Percentage	9%	9%

Differences between methods specialist and inventory analyst duties and responsibilities

Methods specialist example responsibilities.

Manage inbound and outbound feeds containing client product information and finished/outbound video products, including JavaScript delivery of products.
Utilize the PDM program to ensure documents meet and maintain current regulations.
Determine which jobs should be produce on CNC equipment.
Reduce planned labor cost by moving parts from manual to CNC machines.
Perform SPC analysis and t-test of CMM data for geometric tolerances of a mold wing assembly.
Manage inbound and outbound feeds containing client product information and finished/outbound video products, including JavaScript delivery of products.

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.

Methods specialist vs inventory analyst skills

Common methods specialist skills

Process Improvement, 32%
XML, 18%
Parts List, 15%
CAD, 15%
Mechanical Assembly, 11%
Incident Reports, 4%

Common inventory analyst skills

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