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Operations analyst vs inventory analyst

The differences between operations analysts and inventory analysts can be seen in a few details. Each job has different responsibilities and duties. Additionally, an operations analyst has an average salary of $63,082, which is higher than the $58,944 average annual salary of an inventory analyst.

The top three skills for an operations analyst include customer service, SQL and data analysis. The most important skills for an inventory analyst are supply chain, customer service, and logistics.

Operations analyst vs inventory analyst overview

Operations AnalystInventory Analyst
Yearly salary$63,082$58,944
Hourly rate$30.33$28.34
Growth rate23%23%
Number of jobs141,70725,500
Job satisfaction3-
Most common degreeBachelor's Degree, 72%Bachelor's Degree, 67%
Average age4545
Years of experience--

What does an operations analyst do?

Operations analysts serve an essential role within the operations team that supports data management, trade processes, client reporting, and problem resolution. They have to ensure data systems integrity by working closely with the operations team and the client support services manager. Their work focuses on several areas, including maintaining trading systems and portfolio accounting, creating and verifying client performance files, and performing electronic operations reconciliation. To be qualified for this position, one should possess several qualities, including proficient computer skills, excellent communication skills, and attention to detail.

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.

Operations analyst vs inventory analyst salary

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

Operations AnalystInventory Analyst
Average salary$63,082$58,944
Salary rangeBetween $44,000 And $90,000Between $42,000 And $80,000
Highest paying CityJersey City, NJSan Francisco, CA
Highest paying stateNew JerseyCalifornia
Best paying companyIntuitive SurgicalIntel
Best paying industryFinanceManufacturing

Differences between operations analyst and inventory analyst education

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

Operations AnalystInventory Analyst
Most common degreeBachelor's Degree, 72%Bachelor's Degree, 67%
Most common majorBusinessBusiness
Most common collegeUniversity of Southern CaliforniaUniversity of Southern California

Operations analyst vs inventory analyst demographics

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

Operations AnalystInventory Analyst
Average age4545
Gender ratioMale, 58.8% Female, 41.2%Male, 56.1% Female, 43.9%
Race ratioBlack or African American, 12.6% Unknown, 6.0% Hispanic or Latino, 13.8% Asian, 11.2% White, 55.8% 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 Percentage9%9%

Differences between operations analyst and inventory analyst duties and responsibilities

Operations analyst example responsibilities.

  • Manage EDI error processing and exception reporting and interface with the state exchanges to facilitate resolution.
  • Excel in liaising between business and technical areas to achieve on-time, on-budget and on-spec project completions.
  • Develop VBA macros to automate various data intensive processes
  • Manage IP distribution services domestically and globally to enterprise and broadband customers.
  • Manage small-scale projects from inception to implementation following BCUS SDLC project methodology.
  • Manage the month-end financial statement reporting process, including journal entry preparation, and account reconciliations.
  • Show more

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

Operations analyst vs inventory analyst skills

Common operations analyst skills
  • Customer Service, 10%
  • SQL, 6%
  • Data Analysis, 6%
  • Project Management, 5%
  • Process Improvement, 5%
  • Strong Analytical, 4%
Common inventory analyst skills
  • Supply Chain, 12%
  • Customer Service, 9%
  • Logistics, 7%
  • Purchase Orders, 6%
  • Inventory Control, 5%
  • Manage Inventory, 4%

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