Will “Inventory Analyst” be Replaced By Robots? 🤔

2.9% Chance of Automation

“Inventory Analyst” will not be replaced by robots.

This job is ranked #104 out of #702. A higher ranking (i.e., a lower number) means the job is less likely to be replaced.

Care to share? Click for Facebook, Twitter, LinkedIn, or XING. 👍

Job Description

Design, develop, test, and evaluate integrated systems for managing industrial production processes, including human work factors, quality control, inventory control, logistics and material flow, cost analysis, and production coordination.

Job Details

The SOC (Standard Occupational Classification) code is 17-2112.00
The Mean Annual Wage in the U.S. is $ 88,530.00
The Mean Hourly Wage is $ 42.00
Currently, there are 256,550 people on this job

☝️ Information based on the reference occupation “Industrial Engineers”.

Also Known As…

Tasks for “Inventory Analyst”

Confer with clients, vendors, staff, and management personnel regarding purchases, product and production specifications, manufacturing capabilities, or project status.
Apply statistical methods and perform mathematical calculations to determine manufacturing processes, staff requirements, and production standards.
Evaluate precision and accuracy of production and testing equipment and engineering drawings to formulate corrective action plan.
Draft and design layout of equipment, materials, and workspace to illustrate maximum efficiency using drafting tools and computer.
Record or oversee recording of information to ensure currency of engineering drawings and documentation of production problems.
Review production schedules, engineering specifications, orders, and related information to obtain knowledge of manufacturing methods, procedures, and activities.
Schedule deliveries based on production forecasts, material substitutions, storage and handling facilities, and maintenance requirements.
Coordinate and implement quality control objectives, activities, or procedures to resolve production problems, maximize product reliability, or minimize costs.
Regulate and alter workflow schedules according to established manufacturing sequences and lead times to expedite production operations.
Develop manufacturing methods, labor utilization standards, and cost analysis systems to promote efficient staff and facility utilization.
Implement methods and procedures for disposition of discrepant material and defective or damaged parts, and assess cost and responsibility.
Complete production reports, purchase orders, and material, tool, and equipment lists.
Recommend methods for improving utilization of personnel, material, and utilities.
Direct workers engaged in product measurement, inspection, and testing activities to ensure quality control and reliability.
Analyze statistical data and product specifications to determine standards and establish quality and reliability objectives of finished product.
Formulate sampling procedures and designs and develop forms and instructions for recording, evaluating, and reporting quality and reliability data.
Plan and establish sequence of operations to fabricate and assemble parts or products and to promote efficient utilization.
Estimate production costs, cost saving methods, and the effects of product design changes on expenditures for management review, action, and control.
Communicate with management and user personnel to develop production and design standards.
Study operations sequence, material flow, functional statements, organization charts, and project information to determine worker functions and responsibilities.

Related Technology & Tools

Hydraulic presses
Multimeters
Pressure transducers
Coordinate measuring machines CMM
Time delay relay panel boxes
Octave band analyzers
Variable frequency drives VFD
Hydraulic power units
Thermocouples
Potentiometers
Motion control systems
Audio amplifiers
Hardness testers
Optical benches
Oxygen uptake measurement devices
Force plates
Fast Fourier transform FFT spectrum analyzers
Camera controllers
Electrophysics infrared cameras
Inverted metallurgical microscopes
Programmable logic controller PLC controlled turntables
Heated environmental chambers
Signal generators
Sound level meters
Electrogoniometers
Load cells
Audio tape recorders
Vibration tables
Personal computers
Digital cameras
Radiometers
Pulsed width modulation PWM drives
Torsion meters
Audiometers
Sound level calibrators
Recording microphones
Anechoic auditory test chambers
Programmable logic controllers PLC
Noise dosimeters
Reverberant auditory test chambers
Photometers
Microcontrollers
Computer servers
Heart rate monitors
Tensile testers
Laser printers
Anthropometers
Audio equalizers
Environmental ovens

Dataxiom StatMost
Task analysis software
UGS Solid Edge
A mathematical programming language AMPL
ECHIP
Time and motion analysis software
Allen Bradley PanelView
Production flow analysis software
National Instruments LabVIEW
Robotic control software
Robotic simulation software
Linux
Wolfram Research Mathematica
Design of experiments DOE software
MAGMA MAGMASOFT
User interface design software
SAS
Autodesk AutoCAD
Dassault Systems SOLIDWORKS
Personnel scheduling software
ILOG CPLEX
Microsoft Visual Basic Scripting Edition VBScript
Rockwell RSLogix
Dassasult Systemes Abaqus
Supply chain capacity planning software
Discrete event simulation software
Microsoft Visio
Electronic breadboard software
International TechneGroup IGESworks
Modular arrangement of predetermined time standards software MODAPTS
Materials requirement planning MRP software
Microsoft Project
Yield management systems
Dassault Systemes CATIA
Rockwell Automation Arena
Microsoft Visual Studio
Data acquisition software
MAYA I-DEAS
Windward Technologies GRG2
Quality control software
Microsoft Office
Computer numerical control CNC software
Neural network modeling software
Optimization software
Stratasys FDM MedModeler
Decision support software
Assembly line balancing software
PMC KanbanSIM
Bentley MicroStation
Main Injector Neutrino Oscillation Search MINOS software
3D Static Strength Prediction Program 3DSSPP
The MathWorks MATLAB
NeuralWare
Computer aided manufacturing CAM software
Three-dimensional simulation translation software
UGS Jack
Adobe Systems Adobe Fireworks
Hewlett Packard LoadRunner
Maplesoft Maple
Extensible markup language XML
Workcell simulation software
Statistical software
Human modeling software
Microsoft Word
Inventory management software
Minitab
EGS FeatureCAM
Facilities design software
Production scheduling and planning software
Facilities planning software
Sun Microsystems Java
Numerical control software
Microsoft Excel
PTC Creo Parametric
Warehouse management system WMS
Python
C++
Microsoft PowerPoint
Microsoft Visual Basic
ETA Dynaform
Microsoft Access
IBM Notes
SAP
Mathsoft Mathcad
Structured query language SQL
Automatic dynamic incremental nonlinear analysis ADINA
Manhattan Associates PkMS Pickticket
ProModel
Human machine interface HMI software
Statgraphics
Logic programming software
Oracle Retek
Process reengineering software
Nupro CastView
Finite element method FEM software