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The differences between senior supply chain analysts and inventory managers can be seen in a few details. Each job has different responsibilities and duties. It typically takes 4-6 years to become both a senior supply chain analyst and an inventory manager. Additionally, a senior supply chain analyst has an average salary of $89,789, which is higher than the $62,768 average annual salary of an inventory manager.
The top three skills for a senior supply chain analyst include supply chain, logistics and continuous improvement. The most important skills for an inventory manager are PET, direct reports, and customer service.
| Senior Supply Chain Analyst | Inventory Manager | |
| Yearly salary | $89,789 | $62,768 |
| Hourly rate | $43.17 | $30.18 |
| Growth rate | 28% | -6% |
| Number of jobs | 42,803 | 30,717 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 73% | Bachelor's Degree, 54% |
| Average age | 47 | 47 |
| Years of experience | 6 | 6 |
Senior Supply Chain Analysts are employees who oversee the supply chain system of the company. They have in-depth knowledge of the company's supply chain system, and they ensure that all processes in the system are properly followed. They keep themselves updated on current trends and continuously find ways to enhance the existing supply chain processes of the company. Senior Supply Chain analysts study company data and anticipate challenges that the company may meet. They address challenges related to the supply chain. They also recommend solutions to senior management. Senior Supply Chain analysts may also take on a supervisory role, managing and coaching more junior team members.
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 supply chain analysts and inventory managers have different pay scales, as shown below.
| Senior Supply Chain Analyst | Inventory Manager | |
| Average salary | $89,789 | $62,768 |
| Salary range | Between $69,000 And $116,000 | Between $43,000 And $91,000 |
| Highest paying City | San Francisco, CA | San Francisco, CA |
| Highest paying state | Connecticut | Washington |
| Best paying company | NVIDIA | |
| Best paying industry | Manufacturing | Retail |
There are a few differences between a senior supply chain analyst and an inventory manager in terms of educational background:
| Senior Supply Chain Analyst | Inventory Manager | |
| Most common degree | Bachelor's Degree, 73% | Bachelor's Degree, 54% |
| Most common major | Business | Business |
| Most common college | Stanford University | Stanford University |
Here are the differences between senior supply chain analysts' and inventory managers' demographics:
| Senior Supply Chain Analyst | Inventory Manager | |
| Average age | 47 | 47 |
| Gender ratio | Male, 65.9% Female, 34.1% | Male, 69.4% Female, 30.6% |
| Race ratio | Black or African American, 7.7% Unknown, 4.7% Hispanic or Latino, 12.9% Asian, 9.0% White, 65.1% American Indian and Alaska Native, 0.7% | 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 Percentage | 10% | 10% |