Average Inventory Analyst Salary

The average Inventory Analyst salary in UK is £36,346.95
The hourly average pay for an Inventory Analyst salary in UK is £17.47
The starting salary for a junior Inventory Analyst in UK is £22,506.00 per year or £10.82 per hour

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What does an Inventory Analyst earn?

Inventory Analysts typically earn around £36,300 per year in the UK. They are responsible for maintaining accurate records of a company's stock levels and should be able to analyse and interpret data sets to inform decision making. An Inventory Analyst can benefit from specialising in certain areas such as supply chain management, auditing and health and safety compliance.

How to earn more as an Inventory Analyst

To become an Inventory Analyst, you will need a degree in stock control, logistics, or supply chain management. Alternatively, you could take on a degree apprenticeship if you would like to earn more. You could move into a specialised area, such as asset management, or progress to a managerial role in a logistics or supply chain business. Another option would be to become self-employed or set up your own inventory analyst firm. Highly experienced and highly specialised inventory analysts can earn up to £90,000 a year.

Average Salary: £36,346.95

Min: £22,506.00 Max: £90,000.00

Average Inventory Analyst Salary in UK : £36,346.95


Read about Inventory Analyst salaries, related jobs and salary information across the UK

Inventory Analyst Salary data from the ONS

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Recommended Inventory Analyst Jobs in UK

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Salary by Region

Compare Inventory Analyst salaries across different regions

Region Salary
East Midlands £26,119.27
Eastern £28,083.33
London £30,750.00
North East £23,067.14
North West £30,262.70
South East £32,115.63
South West £27,202.19
West Midlands £32,820.67
Yorkshire and the Humber £59,523.00

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Understanding the Average Inventory Analyst Salary in the UK

As an Inventory Analyst in the UK, it's important to have a clear understanding of the average salary in the field of Information Technology (IT). According to checkasalary.co.uk, the average salary for IT professionals can vary depending on factors such as experience, location, and industry. It's crucial to research and compare salaries to ensure you are being fairly compensated for your skills and expertise.

Salary Expectations for Newly Qualified Inventory Analyst

If you are a newly qualified Inventory Analyst in the UK, it's essential to have realistic salary expectations. Entry-level positions may offer a lower salary range, but this can vary depending on the company and industry. To get a better idea of the salary range for Inventory Analyst roles, you can explore various job search platforms such as job search websites. These platforms provide valuable insights into the current job market and salary expectations for entry-level positions.

Salaries for Experienced Inventory Analyst

Experienced Inventory Analysts in the UK can expect higher salaries compared to their entry-level counterparts. With a proven track record and extensive knowledge in the field, experienced professionals are in high demand. The salary range for experienced Inventory Analysts can vary greatly depending on factors such as industry, company size, and location. It's advisable to research and compare salaries to ensure you are receiving a competitive compensation package.

Creating an Inventory Analyst CV

When applying for Inventory Analyst positions in the UK, having a well-crafted CV is crucial. Your CV should highlight your relevant skills, experience, and qualifications. To create an effective CV, you can utilize a CV template specifically designed for Inventory Analyst roles. This template will guide you in showcasing your expertise and increasing your chances of securing a job interview.

Career Development Opportunities for Inventory Analyst

As an Inventory Analyst in the UK, there are numerous career development opportunities available to enhance your skills and advance your career. It's important to stay updated with the latest industry trends and technologies. You can seek career advice to explore various paths for professional growth. Continuous learning and professional development can lead to higher earning potential and open doors to more senior positions in the field.

Comprehensive Compensation for Inventory Analyst

Comprehensive compensation for Inventory Analysts in the UK goes beyond just the base salary. It may include additional benefits such as bonuses, healthcare, retirement plans, and paid time off. The specific compensation package can vary depending on the company and industry. It's important to consider the overall package when evaluating job offers to ensure it aligns with your financial goals and personal needs.

Strategies for Increasing Your Salary as an Inventory Analyst

If you aspire to increase your salary as an Inventory Analyst in the UK, there are several strategies you can employ. These include acquiring additional certifications or qualifications, gaining specialized knowledge in specific inventory management systems, and consistently delivering exceptional results. By continuously improving your skills and demonstrating your value to employers, you can negotiate for higher salaries and advance your earning potential.

Professional Development and Earnings

Investing in professional development as an Inventory Analyst can significantly impact your earnings. Attending industry conferences, workshops, and training programs can enhance your knowledge and skills, making you a more valuable asset to employers. Additionally, networking with professionals in the field can lead to new opportunities and higher-paying roles. By actively seeking out professional development opportunities, you can stay ahead in your career and increase your earning potential.

Capitalizing on Extra Hours and Duties

As an Inventory Analyst in the UK, there may be opportunities to take on extra hours or duties that can contribute to your overall earnings. This could include participating in special projects, assisting with inventory audits, or taking on additional responsibilities within the company. By demonstrating your willingness to go above and beyond, you can showcase your dedication and potentially earn additional income through overtime pay or performance-based bonuses.

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