Inventory Analyst III Salary in Illinois

The Inventory Analyst III oversees and updates master schedule to reflect inventory turnover, stocking decisions, forecasting, and administrative controls. Controls inventory of goods needed for forecasted sales and scheduled distribution. Being an Inventory Analyst III maintains and updates inventory system. Analyzes inventory levels, production speed, product demand, and shipment schedules to determine reorder levels to ensure product availability and minimize inventory costs. In addition, Inventory Analyst III requires a bachelor's degree. Typically reports to a supervisor or manager. Being an Inventory Analyst III contributes to moderately complex aspects of a project. Work is generally independent and collaborative in nature. Working as an Inventory Analyst III typically requires 4 to 7 years of related experience. (Copyright 2024 Salary.com)

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