Explore jobs
Find specific jobs
Explore careers
Explore professions
Best companies
Explore companies
Replenishment analyst hiring summary. Here are some key points about hiring replenishment analysts in the United States:
Here's a step-by-step replenishment analyst hiring guide:
Replenishment analysts are professionals who are responsible for managing inventories while ensuring necessary materials are replenished for a company or specific department. These analysts are required to collaborate with production and supply chain teams so that they can ensure the availability of the product and meet the changing demand needs of their customers. They must effectively and accurately obtain purchase orders from multiple vendors and customers. Replenishment analysts must also maximize profit levels by effectively managing inventory levels and utilizing the E3 replenishment system.
First, determine the employments status of the replenishment analyst you need to hire. Certain replenishment analyst roles might require a full-time employee, whereas others can be done by part-time workers or contractors.
A replenishment analyst's background is also an important factor in determining whether they'll be a good fit for the position. For example, replenishment analysts from different industries or fields will have radically different experiences and will bring different viewpoints to the role. You also need to consider the candidate's previous level of experience to make sure they'll be comfortable with the job's level of seniority.
The following list breaks down different types of replenishment analysts and their corresponding salaries.
| Type of Replenishment Analyst | Description | Hourly rate |
|---|---|---|
| Replenishment Analyst | Market research analysts study market conditions to examine potential sales of a product or service. They help companies understand what products people want, who will buy them, and at what price. | $23-42 |
| Marketing Internship | Marketing interns are usually marketing students or fresh graduates who are interested in getting actual work experiences before taking on a full-time job. They usually have an interest or academic background related to marketing... Show more | $11-18 |
| Analyst Sales | Analyst sales, or a sales analyst, is a professional who is responsible for increasing sales and revenue of a company by running competitive analysis and making recommendations on how the marketing and sales team should move forward. Sales analysts must assist in the review of monthly financial statements and prepare complex financial statements for retail and service businesses... Show more | $22-47 |
Including a salary range in the replenishment analyst job description is a good way to get more applicants. A replenishment analyst salary can be affected by several factors, such as the location of the job, the level of experience, education, certifications, and the employer's prestige.
For example, the average salary for a replenishment analyst in Alabama may be lower than in Delaware, and an entry-level engineer typically earns less than a senior-level replenishment analyst. Additionally, a replenishment analyst with lots of experience in the field may command a higher salary as a result.
| Rank | State | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | New York | $74,495 | $36 |
| 2 | Arkansas | $73,767 | $35 |
| 3 | California | $69,944 | $34 |
| 4 | Virginia | $68,463 | $33 |
| 5 | Texas | $68,327 | $33 |
| 6 | Illinois | $66,555 | $32 |
| 7 | Minnesota | $65,480 | $31 |
| 8 | Pennsylvania | $63,392 | $30 |
| 9 | Georgia | $63,354 | $30 |
| 10 | Rhode Island | $62,513 | $30 |
| 11 | Indiana | $61,811 | $30 |
| 12 | Ohio | $61,504 | $30 |
| 13 | Connecticut | $60,001 | $29 |
| 14 | Wisconsin | $58,753 | $28 |
| 15 | Missouri | $57,743 | $28 |
| 16 | Florida | $51,840 | $25 |
| Rank | Company | Average salary | Hourly rate | Job openings |
|---|---|---|---|---|
| 1 | Fanatics | $73,560 | $35.37 | 4 |
| 2 | VF | $72,806 | $35.00 | |
| 3 | Wilton Brands | $71,913 | $34.57 | |
| 4 | Central Garden & Pet | $71,849 | $34.54 | 1 |
| 5 | Dollar Tree | $70,875 | $34.07 | |
| 6 | Beiersdorf | $70,077 | $33.69 | |
| 7 | Ocean State Job Lot | $66,729 | $32.08 | |
| 8 | Rural King | $65,756 | $31.61 | 7 |
| 9 | Niagara Bottling | $65,437 | $31.46 | |
| 10 | Paradies Lagardère | $65,203 | $31.35 | 3 |
| 11 | Dealer Tire | $64,955 | $31.23 | |
| 12 | DXL | $64,509 | $31.01 | |
| 13 | Unilever | $64,467 | $30.99 | 2 |
| 14 | Interamerican Motor Corp | $64,242 | $30.89 | |
| 15 | Harry's Seafood | $64,209 | $30.87 | |
| 16 | O'Reilly Auto Parts | $64,184 | $30.86 | 1 |
| 17 | REVOLVE | $62,637 | $30.11 | 1 |
| 18 | Academy Sports + Outdoors | $62,590 | $30.09 | |
| 19 | Kwik Trip | $60,158 | $28.92 | |
| 20 | Foot Locker | $58,088 | $27.93 |
A replenishment analyst job description should include a summary of the role, required skills, and a list of responsibilities. It's also good to include a salary range and the first name of the hiring manager. Below, you can find an example of a replenishment analyst job description:
To find the right replenishment analyst for your business, consider trying out a few different recruiting strategies:
Your first interview with replenishment analyst candidates should focus on their interest in the role and background experience. As the hiring process goes on, you can learn more about how they'd fit into the company culture in later rounds of interviews.
It's also good to ask about candidates' unique skills and talents. You can move on to the technical interview if a candidate is good enough for the next step.
The right interview questions can help you assess a candidate's hard skills, behavioral intelligence, and soft skills.
Once you've decided on a perfect replenishment analyst candidate, it's time to write an offer letter. In addition to salary, it should include benefits and perks available to the employee. Qualified candidates may be considered for other positions, so make sure your offer is competitive. Candidates may wish to negotiate. Once you've settled on the details, formalize your agreement with a contract.
You should also follow up with applicants who don't get the job with an email letting them know that you've filled the position.
To prepare for the new replenishment analyst first day, you should share an onboarding schedule with them that covers their first period on the job. You should also quickly complete any necessary paperwork, such as employee action forms and onboarding documents like I-9, benefits enrollment, and federal and state tax forms. Finally, Human Resources must ensure a new employee file is created for internal record keeping.
Recruiting replenishment analysts involves both the one-time costs of hiring and the ongoing costs of adding a new employee to your team. Your spending during the hiring process will mostly be on things like promoting the job on job boards, reviewing and interviewing candidates, and onboarding the new hire. Ongoing costs will obviously involve the employee's salary, but also may include things like benefits.
You can expect to pay around $65,857 per year for a replenishment analyst, as this is the median yearly salary nationally. This can vary depending on what state or city you're hiring in. If you're hiring for contract work or on a per-project basis, hourly rates for replenishment analysts in the US typically range between $23 and $42 an hour.