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Inventory Analyst Jobs in Madison, WI (NOW HIRING)

Franklin Electric

Financial Analyst

Madison, WI · On-site

Exposure to cost accounting concepts and inventory analysis. * Progress toward CPA, CMA, or other professional certifications. Key Competencies * Financial Analysis * Business Partnership * Problem ...

Keep It Real Foods LLC

Inventory Coordinator

Madison, WI · On-site

$18 - $23/hr

Experience in data analysis and reporting to support inventory optimization. * Familiarity with safety regulations and compliance standards in a manufacturing warehouse setting. Responsibilities:

Freshpack

Inventory Control Specialist

Monticello, WI

$60K/yr

Put your analytical skills to work investigating inventory issues and driving meaningful improvements. We have an openings for Inventory Control Specialists to join our team. The Inventory Control ...

Dane Manufacturing

Inventory Control Specialist

Waunakee, WI · On-site

$18.50 - $23.75/hr

Perform root cause analysis of inventory variances and implement corrective actions. * Assist with monthly, quarterly, and annual physical inventory counts. * Monitor inventory accuracy metrics and ...

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All JobsInventory Analyst JobsInventory Analyst Jobs in Madison, WI

Inventory Analyst information

See Madison, WI salary details

$15

$28

$49

How much do inventory analyst jobs pay per hour?

As of Aug 15, 2026, the average hourly pay for inventory analyst in Madison, WI is $28.95, according to ZipRecruiter salary data. Most workers in this role earn between $22.31 and $32.93 per hour, depending on experience, location, and employer.

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.

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 experience in supply chain operations can also be important for the role.

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 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.

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 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.
More about Inventory Analyst jobs

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The most popular types of Inventory Analyst jobs in Madison, WI are:

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For Inventory Analyst jobs in Madison, WI, the most frequently searched job titles are:

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The top searched job categories for Inventory Analyst jobs in Madison, WI are:

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Cities near Madison, WI with the most Inventory Analyst job openings:

Inventory Analyst jobs near you
Infographic showing various Inventory Analyst job openings in Madison, WI as of August 2026, with employment types broken down into 70% Full Time, 27% Part Time, 1% Temporary, 1% Contract, and 1% Nights. Highlights an 99% Physical, and 1% Remote job distribution, with an average salary of $60,218 per year, or $29 per hour.

Financial Analyst

Franklin Electric

Madison, WI • On-site

Full-time

Posted 16 days ago

Job description

Financial Analyst
Department: Finance / Accounting / Audit
Employment Type: Full Time
Location: US - Wisconsin - Madison
Description
At Franklin Electric, Finance plays a critical role in driving business performance and supporting sound decision-making across the organization. As a Financial Analyst I, you will support both financial analysis and accounting activities while gaining broad exposure to the financial operations of a global manufacturing company.
This entry-level role is ideal for a recent graduate or early-career professional looking to develop expertise in financial reporting, forecasting, budgeting, cost analysis, and accounting processes. Working closely with finance leadership and cross-functional teams, you will help provide meaningful insights that support profitability, operational performance, and strategic initiatives.
Key Responsibilities
Financial Analysis & Reporting
  • Assist with monthly, quarterly, and annual financial reporting activities.
  • Analyze financial results and investigate variances between actual results, forecasts, and budgets.
  • Support forecasting, annual operating plan (AOP), and budgeting processes.
  • Prepare recurring and ad hoc financial analyses to support business decisions.
  • Assist in monitoring key performance indicators (KPIs), profitability metrics, and operational trends.
  • Develop reports and dashboards that improve visibility into financial and operational performance.
  • Help identify risks, opportunities, and business trends through data analysis.
  • Support finance leadership in preparing presentations and reporting materials for management reviews.
  • Partner with sales organization on reporting and performance vs. incentive plans.

Accounting & Financial Operations
  • Assist with month-end and year-end close processes.
  • Prepare journal entries and account reconciliations.
  • Support general ledger maintenance and ensure accuracy of financial records.
  • Investigate and resolve account discrepancies.
  • Assist with audit requests and documentation.

Process Improvement & Data Analytics
  • Assist in improving reporting processes through standardization, automation, and enhanced data accuracy.
  • Support initiatives focused on data quality, governance, and reporting efficiency.
  • Leverage Excel, ERP systems, and business intelligence tools to analyze and present financial information.
  • Contribute to continuous improvement projects that strengthen financial processes and decision-making capabilities.

Skills Knowledge and Expertise
  • Bachelor's degree in finance, Accounting, Business, Economics, or a related field.
  • 0-2 years of relevant experience, including internships or co-op experience.
  • Understanding of financial statements, budgeting, forecasting, and accounting principles.
  • Strong analytical and problem-solving skills.
  • Advanced proficiency in Microsoft Excel.
  • Excellent attention to detail and organizational skills.
  • Strong written and verbal communication skills.
  • Ability to manage multiple priorities in a fast-paced environment.

Preferred Qualifications
  • Internship or experience within a manufacturing environment, public accounting or other similar experience.
  • Familiarity with ERP systems, preferably JD Edwards (JDE).
  • Experience with Power BI, Microsoft Business Intelligence tools, or similar reporting platforms.
  • Exposure to cost accounting concepts and inventory analysis.
  • Progress toward CPA, CMA, or other professional certifications.

Key Competencies
  • Financial Analysis
  • Business Partnership
  • Problem Solving
  • Data Analytics
  • Attention to Detail
  • Communication
  • Continuous Improvement
  • Time Management
  • Collaboration
  • Learning Agility

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