Inventory Analyst Job Description

What is the job description of an Inventory Analyst? What are the duties and responsibilities of an Inventory Analyst? What does an Inventory Analyst do?

Job description of an Inventory Analyst

An Inventory analyst develops, implements, and maintains all of the procedures and protocols in regard to proper inventory control for the purpose of maintaining accurate financial information.

This Inventory Analyst job description example includes the list of most important Inventory Analyst duties and responsibilities as shown below. It can be modified to fit the specific Inventory Analyst profile you're trying to fill as a recruiter or job seeker.

Inventory Analyst Duties and Responsibilities

Inventory Analyst job description should contain a variety of functions and roles including:

  • Partners with the company’s accounts receivables department to ensure that all transactions are being accounted for.
  • Works to resolve discrepancies between the amount of inventory and the amount of revenue quickly and accurately.
  • Monitors inventory levels very closely and resolves any issues that may become apparent.
  • Reports to upper management regularly and provides recommendations for better inventory control.
  • Assists in inventory deliveries and shipment of inventory as required.
  • Orders new inventory from manufacturers as needed.
  • Develops and implements systems for accurately managing inventory.
  • Ensures seamless movement of products and inventory.
  • Maintains records regarding inventory control, intake and sales.

Inventory Analyst Requirements / Skills / Qualifications

Inventory Analyst job description should include these common skills and qualifications:

  • Bachelor’s degree in business administration, business management, operations management or a related field
  • Demonstrates the ability to pay very close attention to detail and immediately notice any discrepancies regarding inventory and finances.
  • Demonstrates the ability to work well with computers and maintain databases effectively.
  • Shows professionalism, particularly when working with clients and customers or other departments within the company.
  • Possesses strong written communication skills for the creation of reports.
  • Shows the ability to solve complex problems individually and quickly.
  • Possesses the ability to create solutions to previously unsolved issues.
  • Must be able to communicate well with others in order to implement inventory control plans.

As a hiring manager, recruiting an ideal Inventory Analyst starts with crafting a good job description. Use this Inventory Analyst job description template to save yourself time and help you attract the most qualified candidates. Feel free to revise it to meet your specific needs.

Job seekers interviewing for the role of an Inventory Analyst may also reference it in preparation for the interview.