Average Inventory Analyst Salary

$54,164
Avg. SalaryShow Hourly Rate
$2,287
Bonus
$9,000
Commission
$2,048
Profit Sharing
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The average salary for an Inventory Analyst is $54,164.
10%
$40k
10%
$54k
50%
$71k
90%
90%
MEDIAN $54,164
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United States (change)
Salary
$40k - $71k
Bonus
$515 - $6k
Profit Sharing
$309 - $10k
Commission
$0 - $9k
Total Pay
$34k - $69k

Your Market Worth Over Time

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Job Description for Inventory Analyst

Inventory Analyst Tasks
  • Anticipate potential backorder cases and work closely with suppliers and management to find other sources or expedite the product.
  • Execute purchasing and order placement.
  • Maintain online systems accurately reflect order and supplier information.
  • Develop and implement solutions to improve inventory turnover and dealer replenishment.
  • Manage inventory, delivery dates and fill rates for assigned suppliers.
The top respondents for the job title Inventory Analyst are from the companies Target Corporation, The Home Depot Inc. and Sears Holdings Corporation. Reported salaries are highest at The Gap Inc. where the average pay is $63,160. Other companies that offer high salaries for this role include The Home Depot Inc. and Sears Holdings Corporation, earning around $61,984 and $59,677, respectively. Tractor Supply Company pays the lowest at around $49,450. Cardinal Health, Inc. and Target Corporation also pay on the lower end of the scale, paying $50,495 and $57,960, respectively.

Career Paths

Explore the most common career paths for Inventory Analyst. Thickness and color of lines indicates popularity of movement from one job to the next. Visit our career path planner to research other job paths.
Inventory Analyst
Demand Planner
Inventory Manager
Merchandise Planner
More common (> 20%)
Somewhat common (8 - 20%)
Less common (< 8%)

Inventory Analyst Job Listings

Popular Skills for Inventory Analyst

Skills in Data Analysis, Inventory Management and Forecasting are correlated to pay that is above average. Skills that pay less than market rate include Inventory Control and Microsoft Excel.

Pay by Experience Level for Inventory Analyst

An entry-level Inventory Analyst with less than 1 year experience can expect to earn an average total compensation (includes tips, bonus, and overtime pay) of $50,268 based on 90 salaries. An early career Inventory Analyst with 1-4 years of experience earns an average total compensation of $51,933 based on 784 salaries. A mid-career Inventory Analyst with 5-9 years of experience earns an average total compensation of $56,568 based on 314 salaries. An experienced Inventory Analyst with 10-19 years of experience earns an average total compensation of $58,706 based on 251 salaries. In their late career (20 years and higher), employees earn an average total compensation of $60,332.
Employees with Inventory Analyst in their job title in New York, New York earn an average of 8.1% more than the national average. These job titles also find higher than average salaries in Minneapolis, Minnesota (6.4% more) and San Diego, California (2.7% more). The lowest salaries can be found in Dallas, Texas (1.3% less) and Los Angeles, California (0.4% less).

Years of Experience

This data is based on 1,524 survey responses.
Entry Level
5.9%
Early Career
51.4%
Mid Career
20.6%
Experienced
16.5%
Late Career
5.6%