A person working as a Inventory Analyst in United States of America will on average earn $63751 per year (pre-tax value). Salary is provided in USD ($/dollar) value.
Below is a break-down of yearly, monthly, weekly and hourly rate.
| Rate Type | Amount (USD) |
|---|---|
| Yearly salary | $63,751.00 |
| Weekly salary | $1,225.98 |
| Daily salary | $174.66 |
| Hourly salary | $21.83 |
This means inventory analyst salary is above average!
Job Industry: retail
Description: An inventory analyst is responsible for monitoring and managing inventory levels within a company. They analyze data, track inventory movement, and forecast future demands to ensure optimal stock levels are maintained. The main objective of an inventory analyst is to minimize costs while meeting customer demands. They collaborate with various departments such as purchasing, sales, and logistics to coordinate inventory needs and identify any potential issues or opportunities for improvement. Additionally, they may develop inventory control policies and procedures, conduct regular audits, and implement strategies to optimize inventory turnover and reduce losses. Strong analytical skills, attention to detail, and proficiency in inventory management software are essential for this role.
Tagged with: inventory analyst, inventory management, data analysis, forecasting, supply chain management, cost optimization