The average salary for an Inventory Analyst in United Kingdom is £24,809.
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£21k - £34k
£1k - £3k
£21k - £34k
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Job Description for Inventory Analyst
An inventory analyst is responsible for handling the challenges posed by managing an inventory. A wide set of skills is necessary for this position. First and foremost the analyst must have exceptional technical knowledge. Armed with customer purchasing habits for stores and regions, the inventory analyst uses statistical analyses to determine the proper inventory levels for stores. Once an appropriate inventory level is determined, the analyst must set orders into motion and ensure that the inv…Read more
Inventory Analyst Tasks
- Develop and implement solutions to improve inventory turnover and dealer replenishment.
- Manage inventory, delivery dates and fill rates for assigned suppliers.
- Maintain online systems accurately reflect order and supplier information.
- Anticipate potential backorder cases and work closely with suppliers and management to find other sources or expedite the product.
- Execute purchasing and order placement.
Inventory Analyst Job Listings
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Popular Skills for Inventory Analyst
Skills in Inventory Management and Microsoft Excel are correlated to pay that is above average. Skills that pay less than market rate include Inventory Control and Data Analysis.
Pay by Experience Level for Inventory Analyst
An early career Inventory Analyst with 1-4 years of experience earns an average total compensation (includes tips, bonus, and overtime pay) of £25,031 based on 26 salaries. A mid-career Inventory Analyst with 5-9 years of experience earns an average total compensation of £25,500 based on 8 salaries.
Years of Experience
This data is based on 34 survey responses.
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