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Senior inventory analyst vs inventory manager

The differences between senior inventory analysts and inventory managers can be seen in a few details. Each job has different responsibilities and duties. Additionally, a senior inventory analyst has an average salary of $80,045, which is higher than the $62,768 average annual salary of an inventory manager.

The top three skills for a senior inventory analyst include supply chain, logistics and manage inventory. The most important skills for an inventory manager are PET, direct reports, and customer service.

Senior inventory analyst vs inventory manager overview

Senior Inventory AnalystInventory Manager
Yearly salary$80,045$62,768
Hourly rate$38.48$30.18
Growth rate23%-6%
Number of jobs30,32830,717
Job satisfaction5-
Most common degreeBachelor's Degree, 75%Bachelor's Degree, 54%
Average age4547
Years of experience-6

What does a senior inventory analyst do?

A senior inventory analyst plays a vital role in optimizing a company's supply chain and inventory operations. They spearhead research projects, gather and analyze consumer and market data, study the behavior of external business partners and competitors, develop sales forecasts, conduct risk assessments, and develop business strategies. Through their research findings, a senior inventory analyst generates detailed reports that help companies make decisions. Moreover, as a senior inventory analyst, it is essential to oversee junior specialists and lead staff to reach goals while implementing company standards and regulations.

What does an inventory manager do?

An inventory manager is responsible for supervising the overall inventory operations, monitoring supplies and materials, and checking the accuracy of data reports from the inventory associates. Inventory managers' duties include validating stock levels using record software tools, determining the availability of stocks for purchase orders, inspecting the incoming and outgoing shipments, and addressing product concerns by communicating with suppliers and third-party vendors. An inventory manager must have excellent communication and leadership skills to handle the staff's performance and manage customers' inquiries and complaints.

Senior inventory analyst vs inventory manager salary

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

Senior Inventory AnalystInventory Manager
Average salary$80,045$62,768
Salary rangeBetween $58,000 And $109,000Between $43,000 And $91,000
Highest paying CitySan Francisco, CASan Francisco, CA
Highest paying stateWashingtonWashington
Best paying companyAmazonNVIDIA
Best paying industryManufacturingRetail

Differences between senior inventory analyst and inventory manager education

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

Senior Inventory AnalystInventory Manager
Most common degreeBachelor's Degree, 75%Bachelor's Degree, 54%
Most common majorBusinessBusiness
Most common collegeUniversity of Southern CaliforniaStanford University

Senior inventory analyst vs inventory manager demographics

Here are the differences between senior inventory analysts' and inventory managers' demographics:

Senior Inventory AnalystInventory Manager
Average age4547
Gender ratioMale, 58.0% Female, 42.0%Male, 69.4% Female, 30.6%
Race ratioBlack or African American, 12.7% Unknown, 6.0% Hispanic or Latino, 14.5% Asian, 8.4% White, 57.8% American Indian and Alaska Native, 0.6%Black or African American, 7.8% Unknown, 4.7% Hispanic or Latino, 13.1% Asian, 8.5% White, 65.3% American Indian and Alaska Native, 0.7%
LGBT Percentage9%10%

Differences between senior inventory analyst and inventory manager duties and responsibilities

Senior inventory analyst example 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.
  • Develop an initial Kanban sizing, SAPA and ERP systems for all manufacture parts.
  • Improve data integrity by correcting CIMPRO MRP database, system logic errors & transaction procedures.
  • Show more

Inventory manager example responsibilities.

  • Accomplish and operate MRP and produce purchasing orders to optimize inventories of materials and supplies necessary to achieve production demands.
  • Manage a wide variety of customer service and administrative software such as TallyWizard and QuickBooks.
  • Manage control measures to ensure mistakes, inaccuracies and discrepancies are highlight, addressed and resolve.
  • Manage credit control, monthly reconciliations, management analysis and internal control.
  • Reduce new parts inventory and increase cash flow level each year with JIT deliveries.
  • Create and implement numerous processes, reports, and indicators for MRO inventory management.
  • Show more

Senior inventory analyst vs inventory manager skills

Common senior inventory analyst skills
  • Supply Chain, 17%
  • Logistics, 10%
  • Manage Inventory, 7%
  • SR, 6%
  • Process Improvement, 6%
  • Inventory Planning, 4%
Common inventory manager skills
  • PET, 75%
  • Direct Reports, 4%
  • Customer Service, 4%
  • Inventory Control, 2%
  • Logistics, 2%
  • Manage Inventory, 2%

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