Home > Salary > Australia > Inventory Analyst
An inventory analyst is responsible for monitoring and managing inventory levels within a company. They analyze data, track inventory movement, and forecast future demands to ensure optimal stock levels are maintained. The main objective of an inventory analyst is to minimize costs while meeting customer demands. They collaborate with various departments such as purchasing, sales, and logistics to coordinate inventory needs and identify any potential issues or opportunities for improvement. Additionally, they may develop inventory control policies and procedures, conduct regular audits, and implement strategies to optimize inventory turnover and reduce losses. Strong analytical skills, attention to detail, and proficiency in inventory management software are essential for this role.
Estimated Yearly Salary: 135,425 AUD
Estimated Monthly Salary: 11,285 AUD
Estimated Weekly Salary: 2,604 AUD per week
Estimated Hourly Salary: 65 AUD per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 10,868 AUD
Estimated Weekly Salary: 2,508 AUD per week
Estimated Hourly Salary: 63 AUD per hour
Last revision of data: 2024-01-08
Estimated Yearly Salary: 67,627 USD
Estimated Monthly Salary: 5,636 USD
Estimated Weekly Salary: 1,301 USD per week
Estimated Hourly Salary: 33 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %
Data confidence is - relatively high
Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Estimated Yearly Salary: 135,425 AUD
Estimated Monthly Salary: 11,285 AUD
Estimated Weekly Salary: 2,604 AUD per week
Estimated Hourly Salary: 65 AUD per hour
By working as Inventory Analyst a person can save up to 3,218 USD per month or 38,621 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Australia, see costs of living in Australia.
Estimated Yearly Salary for Inventory Analyst
Last revision of data: 2025-01-04
Data as of 2025
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Inventory Analyst salary in Australia
Average Yearly Salary of Inventory Analyst in Australia is approximately 135,425 AUD (67,627 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.
What does Inventory Analyst do?
An inventory analyst is responsible for monitoring and managing inventory levels within a company. They analyze data, track inventory movement, and forecast future demands to ensure optimal stock levels are maintained. The main objective of an inventory analyst is to minimize costs while meeting customer demands. They collaborate with various departments such as purchasing, sales, and logistics to coordinate inventory needs and identify any potential issues or opportunities for improvement. Additionally, they may develop inventory control policies and procedures, conduct regular audits, and implement strategies to optimize inventory turnover and reduce losses. Strong analytical skills, attention to detail, and proficiency in inventory management software are essential for this role.
Skills: inventory analyst, inventory management, data analysis, forecasting, supply chain management, cost optimization
Job industry: Retail
Job industry: Retail
How much does Inventory Analyst make?
Salary details
How much does Inventory Analyst make?Estimated Yearly Salary: 135,425 AUD
Estimated Monthly Salary: 11,285 AUD
Estimated Weekly Salary: 2,604 AUD per week
Estimated Hourly Salary: 65 AUD per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 130,420 AUDEstimated Monthly Salary: 10,868 AUD
Estimated Weekly Salary: 2,508 AUD per week
Estimated Hourly Salary: 63 AUD per hour
Last revision of data: 2024-01-08Inventory Analyst estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 67,627 USD
Estimated Monthly Salary: 5,636 USD
Estimated Weekly Salary: 1,301 USD per week
Estimated Hourly Salary: 33 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %About these results
Data confidence is - relatively high Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Compare salary to other countries
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Salary comparison to National average
Australia is a vast country located in the southern hemisphere. It has a diverse population of approximately 25 million people. The country spans an area of about 7.7 million square kilometers, making it the sixth-largest country in the world. Australia is surrounded by the Indian and Pacific Oceans and is known for its stunning landscapes, including the Great Barrier Reef, Uluru, and the Outback.
Estimated national average yearly salary is 84,179 AUD (60,430 USD). Value indicated is pre-tax. Below graph shows estimated Inventory Analyst job salary compared to average salary in Australia.
Comparison shows that a person working as Inventory Analyst in Australia earns on average:
1.61 times the average salary (or 161% of average salary).
Estimated national average yearly salary is 84,179 AUD (60,430 USD). Value indicated is pre-tax. Below graph shows estimated Inventory Analyst job salary compared to average salary in Australia.
Comparison shows that a person working as Inventory Analyst in Australia earns on average:
1.61 times the average salary (or 161% of average salary).
Is Inventory Analyst a well paid job?
Yes, our data shows that Inventory Analyst is a well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.What is considered a high salary for Inventory Analyst?
High salary for Inventory Analyst would be somewhere between 148,968 AUD and 196,366 AUD. However this is an estimation based on Gaussian Distribution.How much can you save working as Inventory Analyst in Australia?
Living in Australia the approximate monthly expenses are: 2,417 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.Estimated Yearly Salary: 135,425 AUD
Estimated Monthly Salary: 11,285 AUD
Estimated Weekly Salary: 2,604 AUD per week
Estimated Hourly Salary: 65 AUD per hour
By working as Inventory Analyst a person can save up to 3,218 USD per month or 38,621 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Australia, see costs of living in Australia.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Indonesia, Papua New Guinea, East Timor. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Inventory Analyst
Indonesia is 11,820 USD
East Timor is 50,155 USD Last revision of data: 2025-01-04Salary increase per years of experience
Based on data available the salary increase per years of experience is as following- 0 years (beginner) equals base salary
- 1 to 5 years of experience yields
+12% salary increase- 6 to 10 years of experience yields
+25% salary increase- 11 to 15 years of experience yields
+16% salary increase- 16 to 25 years of experience yields
+9% salary increase- more than 25 years of experience yields
+10% salary increaseTop 10 highest salaries in Australia
(1,263,730 AUD per year, pre-tax.)
2. Cardiologist
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4. Neurosurgeon
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8. Oncologist
(959,337 AUD per year, pre-tax.)
9. Urologist
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10. Plastic surgeon
(958,802 AUD per year, pre-tax.)
Data as of 2025Random salary:
Hospice chaplain (118,165 AUD per year, pre-tax.)
Health information manager (85,863 AUD per year, pre-tax.)
Early childhood mental health specialist (65,454 AUD per year, pre-tax.)
Air crew member (58,761 AUD per year, pre-tax.)
Automotive glass installer repairer (86,946 AUD per year, pre-tax.)
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