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What is a senior inventory analyst and how to become one

Updated January 8, 2025
3 min read

A senior inventory analyst works to optimize a company's supply chain and merchandising. They partner with merchants to craft and implement inventory strategies that would improve sales and inventory operations.

The Senior Inventory Analyst oversees research projects, collects, and analyzes consumer and market data. They also develop sales forecasts and conduct risk assessments. Their analysis and findings are useful for companies in making sales decisions.

The analyst works closely with merchants, vendors, stores, transportation, distribution, and sourcing to achieve the company's goals. They tend to supply chain partners' needs and train new associates to contribute to cross-functional project teams.

On average, a senior inventory analyst earns $78,684 yearly. Their salary is between $60,000 and $101,000 a year. A senior inventory analyst is expected to have more than three years of experience. Also, you must possess critical thinking, communication, interpersonal, and problem-solving skills.

ScoreSenior Inventory AnalystUS Average
Salary
6.3

Avg. Salary $80,045

Avg. Salary $59,228

Stability level
4.6

Growth rate 23%

Growth rate 0.3%

Diversity
4.3
Race

American Indian and Alaska Native 0.63%

Asian 8.35%

Black or African American 12.72%

Hispanic or Latino 14.51%

Unknown 6.02%

White 57.77%

Gender

female 42.03%

male 57.97%

Age - 44
Race

American Indian and Alaska Native 3.00%

Asian 7.00%

Black or African American 14.00%

Hispanic or Latino 19.00%

White 57.00%

Gender

female 47.00%

male 53.00%

Age - 44
Stress level
4.6

Stress level is manageable

7.1 - high

Complexity level
9.9

Complexity level is advanced

7 - challenging

Work life balance
5.8

Work life balance is fair

6.4 - fair

Senior inventory analyst career paths

Key steps to become a senior inventory analyst

  1. Explore senior inventory analyst education requirements

    Most common senior inventory analyst degrees

    Bachelor's

    75.1 %

    Associate

    10.2 %

    Master's

    8.8 %
  2. Start to develop specific senior inventory analyst skills

    SkillsPercentages
    Supply Chain17.35%
    Logistics9.52%
    Manage Inventory7.29%
    SR5.94%
    Process Improvement5.72%
  3. Complete relevant senior inventory analyst training and internships

    Accountants spend an average of 6-12 months on post-employment, on-the-job training. New senior inventory analysts learn the skills and techniques required for their job and employer during this time. The chart below shows how long it takes to gain competency as a senior inventory analyst based on U.S. Bureau of Labor Statistics data and data from real senior inventory analyst resumes.
  4. Research senior inventory analyst duties and responsibilities

    • Develop, implement, and manage an effective cycle count program for raw materials, WIP, and finish goods.
    • Monitor KPI life cycles via ladder plans down to SKU level and collaborate with teams and vendors to manage exit strategies.
    • Manage production and non-production stockrooms to ensure that inventory FIFO exceed industry standards.
    • Maintain accurate level of material in the ERP system.
  5. Get senior inventory analyst experience

  6. Prepare your senior inventory analyst resume

    When your background is strong enough, you can start writing your senior inventory analyst resume.

    You can use Zippia's AI resume builder to make the resume writing process easier while also making sure that you include key information that hiring managers expect to see on a senior inventory analyst resume. You'll find resume tips and examples of skills, responsibilities, and summaries, all provided by Zippi, your career sidekick.

    Choose from 10+ customizable senior inventory analyst resume templates

    Build a professional senior inventory analyst resume in minutes. Browse through our resume examples to identify the best way to word your resume. Then choose from 10+ resume templates to create your senior inventory analyst resume.
    Senior Inventory Analyst Resume
    Senior Inventory Analyst Resume
    Senior Inventory Analyst Resume
    Senior Inventory Analyst Resume
    Senior Inventory Analyst Resume
    Senior Inventory Analyst Resume
    Senior Inventory Analyst Resume
    Senior Inventory Analyst Resume
    Senior Inventory Analyst Resume
  7. Apply for senior inventory analyst jobs

    Now it's time to start searching for a senior inventory analyst job. Consider the tips below for a successful job search:

    1. Browse job boards for relevant postings
    2. Consult your professional network
    3. Reach out to companies you're interested in working for directly
    4. Watch out for job scams

How did you land your first senior inventory analyst job

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Average senior inventory analyst salary

The average senior inventory analyst salary in the United States is $80,045 per year or $38 per hour. Senior inventory analyst salaries range between $58,000 and $109,000 per year.

Average senior inventory analyst salary
$80,045 Yearly
$38.48 hourly

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How do senior inventory analysts rate their job?

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Based on 1 ratings

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Senior inventory analyst reviews

profile
5.0
A zippia user wrote a review on Jan 2020
Pros

Well when looking in the figures you will understand immediately how the organization doing, then when you send the info and your are correct and they don't listen then they realize that you where right, you look at there faces you will feel like you own the world.

Cons

we put a lot of hours, we earn our salaries from our eyes so salary is not up to what we do. but i do it because i love this job.


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Updated January 8, 2025

Zippia Research Team
Zippia Team

Editorial Staff

The Zippia Research Team has spent countless hours reviewing resumes, job postings, and government data to determine what goes into getting a job in each phase of life. Professional writers and data scientists comprise the Zippia Research Team.

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