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Inventory Analyst Job Description
We are looking for an analytical, skilled individual to join our team as an inventory analyst. The
responsibilities of the inventory analyst include managing inventory ite1ns, controlling day-to-day
inventory operations, and hnple1nenting inventory control protocols.
An Inventory Analyst enables an organization to function optimally b ensuring that all necessary
materials for production are in stock when needed. It is the Inventory Analyst's responsibility to
keep track of incoming products and to prevent a shortage of supply that could disrupt the
company's processes. They are responsible for documentir inventory totals and discrepancies. A
large portion of the analyst's job includes identifying inventory losses, overages, and shortages
by compiling data in an organized way, docwnenting and evaluating inventory reports, drawing
conclusions to improve inventory systems, and rotating stock as necessary.
Inventory Analyst Responsibilities:
supply and manage unexpected shortages
data.
Inventory Analyst Requirements:
Excellent communication skills both written and verbal Excellent organizational skills.
Experience with databases and spreadsheets.
, Good computer skills.
, Strong analytical, time manage1nent, and problem-solving skills.
, Excellent attention to detail, math, and multi-tasking skills.
Inventory Analyst education and training requirements:
There are no specific education or training requirements for the Inventory Analyst position.
However, candidates are expected to have at least a secondary school dipl01na and baseline of
knowledge in inventory management. Completion of specialized training courses in management,
inventory management, or computer software is considered a strong asset in a candidate. Candidates
with a bachelor's degree in business ad1ninistration or 1nanagement can be considered as
exceptional candidates for the position.
Job Type: Full-time
Pay: $55,000.00 - $60,000.00 per year
Benefits:
Schedule:
Ability to Relocate:
Work Location: In person
Full Time
Retail
$60k-76k (estimate)
04/07/2024
05/03/2024
inoacusa.com
DAVIS, CA
3,000 - 7,500
1978
Private
$500M - $1B
Retail
The following is the career advancement route for Inventory Analyst positions, which can be used as a reference in future career path planning. As an Inventory Analyst, it can be promoted into senior positions as a Supplier Inventory Senior Analyst that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Inventory Analyst. You can explore the career advancement for an Inventory Analyst below and select your interested title to get hiring information.
If you are interested in becoming an Inventory Analyst, you need to understand the job requirements and the detailed related responsibilities. Of course, a good educational background and an applicable major will also help in job hunting. Below are some tips on how to become an Inventory Analyst for your reference.
Step 1: Understand the job description and responsibilities of an Accountant.
Quotes from people on Inventory Analyst job description and responsibilities
Align all storage strategies with seasonal demand.
03/23/2022: Dallas, TX
Controls inventories of raw materials and finished goods.
03/16/2022: Richland, WA
Inventory Analyst works across departments to monitor inventory levels with expected Customer demand.
02/18/2022: Alexandria, LA
This role will maintain accurate, real-time records of all inventory as well as accurate tracking of the COGS.
02/11/2022: Florence, SC
Ensure all accounting activities are completed with the highest level of control and integrity.
03/24/2022: Los Angeles, CA
Step 2: Knowing the best tips for becoming an Accountant can help you explore the needs of the position and prepare for the job-related knowledge well ahead of time.
Career tips from people on Inventory Analyst jobs
These analysts also have excellent mathematical and analytical skills.
01/28/2022: Poughkeepsie, NY
Strong written and oral communication skills.
04/12/2022: Anchorage, AK
Keep customers up-to-date with shipping and product replenishment alerts.
01/23/2022: Florence, AL
Comfortable in a rapidly changing environment.
04/07/2022: Passaic, NJ
Ability to successfully work independently.
04/08/2022: Rochester, NY
Step 3: View the best colleges and universities for Inventory Analyst.