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Inventory Analyst Jobs in Minnesota (NOW HIRING)

Essentia Health

Inventory Control Analyst

Esko, MN · Hybrid

$57K - $86K/yr

The Analyst will accurately assess demand activity and adjust inventory levels to reflect demand changes in planning systems. The position works to maintain a high accuracy in forecasting, inventory ...

Quanex

Inventory Control Analyst

Saint Cloud, MN

As our Inventory Control Analyst, you'll be the go-to expert for inventory accuracy--leading cycle counts and physical inventories, supporting financial close activities, processing invoices, and ...

Quanex

Inventory Control Analyst

Saint Cloud, MN

As our Inventory Control Analyst, you'll be the go-to expert for inventory accuracy--leading cycle counts and physical inventories, supporting financial close activities, processing invoices, and ...

Quanex

Inventory Control Analyst

Saint Cloud, MN · On-site

As our Inventory Control Analyst, you'll be the go-to expert for inventory accuracy-leading cycle counts and physical inventories, supporting financial close activities, processing invoices, and ...

TekWissen LLC

Inventory Control Coordinator

Bloomington, MN · On-site

$19 - $24/hr

Conduct cycle counts of inventory, analyze and reporting results * Materials systems and Virtual Crib maintenance * Support Point of Use delivery system * Locate deliveries * Provide cover for shift ...

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Inventory Analyst information

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$14

$28

$48

How much do inventory analyst jobs pay per hour?

As of Sep 5, 2026, the average hourly pay for inventory analyst in Minnesota is $28.14, according to ZipRecruiter salary data. Most workers in this role earn between $21.68 and $32.02 per hour, depending on experience, location, and employer.

What is an inventory analyst?

An inventory analyst ensures that a company maintains appropriate inventory levels to meet projected sales demands. These professionals use tools like statistical analysis and market research to monitor and determine the rate of sale for company products. As an inventory analyst, your duties may include anticipating backorders, placing product orders, and maintaining online store inventory. You may also conduct yearly inventory audits and work to develop more efficient operations strategies. Although the career qualifications for inventory analysts vary depending on the industry and work environment, employers typically prefer at least a bachelor’s degree in business or another relevant field and prior work experience in retail or inventory management. Additional qualifications include strong analytical, communication, and time-management skills.

What does an inventory analyst do?

An Inventory Analyst is responsible for managing and optimizing a company's inventory levels. They analyze data related to stock, sales trends, and supply chain processes to ensure that products are available when needed without overstocking. Their role often includes forecasting demand, tracking inventory metrics, identifying discrepancies, and recommending improvements to inventory management systems. Inventory Analysts work closely with purchasing, logistics, and sales teams to maintain efficient inventory operations.

What are the key skills and qualifications needed to thrive as an inventory analyst, and why are they important?

To thrive as an Inventory Analyst, you need strong analytical skills, attention to detail, and typically a degree in supply chain management, business, or a related field. Familiarity with inventory management software (such as SAP or Oracle), advanced Excel skills, and sometimes certifications like APICS CPIM are commonly expected. Excellent problem-solving abilities, communication skills, and adaptability help you work effectively across departments and respond to changing inventory needs. These competencies ensure accurate inventory tracking, cost control, and efficient operations within an organization.

What are some common challenges inventory analysts face when managing stock levels, and how can they overcome them?

Inventory Analysts often encounter challenges such as inaccurate demand forecasting, unexpected supply chain disruptions, and balancing inventory costs with service levels. To overcome these, they utilize data analytics tools to monitor trends, collaborate closely with procurement and sales teams, and regularly review stock levels for adjustments. Proactive communication and continuous process improvement are key to resolving discrepancies and ensuring optimal inventory management.

What is the difference between Inventory Analyst vs Supply Chain Coordinator?

AspectInventory AnalystSupply Chain Coordinator
CredentialsTypically requires a bachelor's degree in supply chain, logistics, or related field; certifications like APICS CPIM are commonSimilar educational background; often holds certifications in supply chain or logistics
Work EnvironmentWorks primarily in offices, analyzing inventory data, and optimizing stock levelsWorks across departments, coordinating logistics, procurement, and distribution activities
Employer & Industry UsageUsed in manufacturing, retail, and distribution centers to manage stock levelsCommon in logistics companies, retail chains, and manufacturing firms for overall supply chain management

While both roles require knowledge of supply chain principles and similar credentials, Inventory Analysts focus on analyzing and managing inventory data, whereas Supply Chain Coordinators oversee broader logistics and coordination activities across the supply chain.

Do you need a degree to be an inventory analyst?

A degree is not always required to become an inventory analyst, but many employers prefer candidates with a bachelor's degree in fields like supply chain management, logistics, or business. Relevant skills such as data analysis, proficiency with inventory management software, and attention to detail are also important. Certifications in supply chain or inventory management can enhance job prospects.

What skills do you need to be an inventory analyst?

An inventory analyst needs strong analytical skills, attention to detail, and proficiency with inventory management software and data analysis tools. Good communication skills and the ability to work with cross-functional teams are also important for effective inventory control and reporting.
More about Inventory Analyst jobs

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Inventory Analyst jobs near you
Infographic showing various Inventory Analyst job openings in Minnesota as of August 2026, with employment types broken down into 76% Full Time, 21% Part Time, 1% Temporary, 1% Contract, and 1% Nights. Highlights an 98% Physical, and 2% Remote job distribution, with an average salary of $58,523 per year, or $28.1 per hour.

Field Inventory Analyst (Plymouth, MN)

Philips

Plymouth, MN • On-site

$63K - $102K/yr

Full-time

Retirement, PTO

Re-posted 14 days ago

Philips rating

8.3

Company rating: 8.3 out of 10

Based on 83 frontline employees who took The Breakroom Quiz

35th of 161 rated electronics manufacturers

Job description

Job Title
Field Inventory Analyst (Plymouth, MN)
Job Description
You will be working closely with our sales team to tackle challenges and solve them using a methodical approach to manage our truck stock inventory. You will deliver innovative insights by merging multiple data sets, performing advanced analyses, and creating compelling data visualizations.
Your role:
  • Will be using strong project management skills to execute against project plans and identify and mitigate delivery risks; communicate and gain buy-in of stakeholders; focus on developing and implementing inventory management solutions and support new product launches.
  • Will be to focus on commercial data management for our field inventory by organizing, cleansing, manipulating, and maintaining large data sets; effectively interpret information to drive business initiatives and regulations; and calculate key performance indicators for asset management and field inventory optimization.
  • Is to drive process optimization and quality by ensuring information management systems meet the business needs; incorporate quality control procedures into day-to-day activities and implement inventory process controls including service, turn rates & expiration management.
  • Drive analytical excellence by creating visualizations that clearly illustrate results for non-technical personnel; utilizing your critical thinking skills, including the ability to assess numbers, trends, and data in order to reach new conclusions based on findings.
  • Is to report and communicate to provide clear and effective communication to stakeholders and interface closely with cross-functional stakeholders to drive inventory strategies.

You're the right fit if:
  • You have a Bachelor's Degree in a related field and/or equivalent experience.
  • A minimum of 2+ years in an analytical role within sales operations, IT, marketing or similar roles. Medical device experience , preferred.
  • Your skills include strong quantitative skillset including statistical analysis, process design, & data management as well as strong organization and time management skills to be able to handle multiple tasks simultaneously.
  • You must be able to successfully perform the following minimum Physical, Cognitive and Environmental job requirements with or without accommodation for this position.
  • You're an expert multi-tasker able to prioritize across cross functional projects and teams.

How we work together
We believe that we are better together than apart. For our office-based teams, this means working in-person at least 3 days per week. Onsite roles require full-time presence in the company's facilities. Field roles are most effectively done outside of the company's main facilities, generally at the customers' or suppliers' locations.
This is an office role
About Philips
We are a health technology company. We built our entire company around the belief that every human matters, and we won't stop until everybody everywhere has access to the quality healthcare that we all deserve. Do the work of your life to help improve the lives of others.
  • Learn more about our business.
  • Discover our rich and exciting history.
  • Learn more about our purpose.
  • Learn more about our culture.

Philips Transparency Details
The pay range for this position in Plymouth, MN is $63,780 to $102,060.00
The actual base pay offered may vary within the posted ranges depending on multiple factors including job-related knowledge/skills, experience, business needs, geographical location, and internal equity.
In addition, other compensation, such as an annual incentive bonus, sales commission or long-term incentives may be offered. Employees are eligible to participate in our comprehensive Philips Total Rewards benefits program, which includes a generous PTO, 401k (up to 7% match), HSA (with company contribution), stock purchase plan, education reimbursement and much more. Details about our benefits can be found here.
At Philips, it is not typical for an individual to be hired at or near the top end of the range for their role and compensation decisions are dependent upon the facts and circumstances of each case.
Additional Information
US work authorization is a precondition of employment. The company will not consider candidates who require sponsorship for a work-authorized visa, now or in the future.
Company relocation benefits will not be provided for this position. For this position, you must reside in or within commuting distance to Plymouth, MN.
#LI-PH1
This requisition is expected to stay active for 45 days but may close earlier if a successful candidate is selected or business necessity dictates. Interested candidates are encouraged to apply as soon as possible to ensure consideration.
Philips is an Equal Employment and Opportunity Employer including Disability/Vets and maintains a drug-free workplace.

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