Top 11 Inventory Control Analyst Certifications
This article provides an overview of the top certifications available for inventory control analysts, including information on requirements and certification benefits.
Published 19 min read
Certifications are an important way for inventory control analysts to demonstrate their knowledge and skills in the job market. Certifications show that an individual has a certain level of expertise and is committed to staying up-to-date with advancements in the field. This can be beneficial when competing for positions, as employers may value certified candidates over those without certifications. Additionally, certifications can provide access to more opportunities, such as promotions or higher pay grades. They also give inventory control analysts a competitive edge in the job market and can make them more attractive to employers.
This article reviews some of the top certifications for Inventory Control Analysts and explains how they can help to advance an inventory control analyst's career.
What are Inventory Control Analyst Certifications?
Inventory control analyst certification is a type of professional certification that recognizes individuals who have demonstrated proficiency in inventory control and analysis. This certification provides employers with an assurance that the certified individual has the necessary skills to effectively manage and analyze their company’s inventory. With this certification, employers can be confident they are hiring a skilled professional who understands the complexities of inventory management.
Inventory control analysts must possess strong analytical skills in order to analyze how much stock needs to be ordered or manufactured, identify trends in sales and usage, determine when to restock items, and develop strategies for reducing waste. They must also be able to use various software programs such as enterprise resource planning (ERP) systems, barcode scanners, and point-of-sale (POS) systems. By obtaining inventory control analyst certification, individuals demonstrate their ability to understand these complex processes and utilize them effectively in their work.
Certified inventory control analysts may also have access to exclusive job postings or career advancement opportunities due to their increased credentials. Additionally, the presence of a certified professional on staff may help increase customer confidence in the company’s ability to accurately manage its inventory levels and ensure quality products are available when needed.
Overall, obtaining inventory control analyst certification can help individuals stand out from other applicants for jobs related to supply chain management and provide employers with assurance that they have hired a knowledgeable candidate with comprehensive understanding of best practices for managing inventories.
Pro Tip: Consider becoming certified as an Inventory Control Analyst. Certification can give you a competitive edge in the job market and demonstrate your knowledge and expertise in the field. Additionally, certification can provide access to valuable resources and information that can help you better understand and improve inventory control practices.
Related: What does an Inventory Control Analyst do?
Top 11 Inventory Control Analyst Certifications
Here’s our list of the best certifications available to Inventory Control Analysts today.
1. Certified Professional Inventory Manager (CPIM)
Certified Professional Inventory Manager (CPIM) is a certification program offered by the Association for Operations Management (APICS). It is designed to recognize professionals who have demonstrated mastery of inventory management and related supply chain topics. The CPIM program consists of five courses and an exam that must be completed in order to receive the certification.
The five courses cover topics such as demand planning, procurement, inventory management, distribution and customer service. Each course requires approximately 100 hours of study time and can be completed either online or in-person. The exam consists of 150 multiple choice questions that must be completed within three hours.
In order to get the CPIM certification, you must first become a member of APICS. Membership costs $220 for individuals and $320 for organizations. After becoming a member, you can register for the CPIM program which costs $1,100 for members ($1,300 for non-members). This fee covers all five courses and the exam. Once you have successfully completed all five courses and passed the exam, you will receive your CPIM certification from APICS.
2. Certified Supply Chain Professional (CSCP)
Certified Supply Chain Professional (CSCP) is a certification program offered by the Association for Supply Chain Management (ASCM). It is designed to recognize professionals who have demonstrated advanced knowledge and skills in supply chain management. The CSCP certification is the only global supply chain certification that covers the entire end-to-end supply chain process, from strategy and design through implementation and improvement.
The CSCP program requires a minimum of 300 hours of study time, including self-study and/or instructor-led training. The exam consists of 150 multiple choice questions and must be completed within 3 hours. To qualify for the exam, applicants must have at least three years of professional experience in supply chain management or related field.
To get certified, individuals must first register for the CSCP exam on the ASCM website. The cost for taking the exam is $695 for members of ASCM and $995 for non-members. Once registered, individuals can then prepare for the exam using online resources such as study guides, practice tests, webinars, seminars, etc. After passing the exam, individuals will receive their official CSCP certificate from ASCM.
3. American Production and Inventory Control Society (APICS) Certification
The American Production and Inventory Control Society (APICS) is a professional organization that provides education, certification, and networking opportunities to individuals in the supply chain and operations management fields. The APICS Certified in Production and Inventory Management (CPIM) program is an internationally recognized certification program designed to help professionals develop their knowledge of production and inventory control processes.
The CPIM program consists of five courses: Basics of Supply Chain Management, Master Planning of Resources, Detailed Scheduling and Planning, Execution and Control of Operations, and Strategic Management of Resources. To earn the CPIM designation, candidates must pass all five exams within three years.
In order to sit for the CPIM exams, candidates must first become an APICS member. Membership costs vary based on the type of membership chosen. After becoming a member, candidates can register for the CPIM exams online or by mail. The cost for each exam is $185 for members ($235 for non-members).
It typically takes between six months to two years to complete the CPIM program depending on how much time a candidate has available to study each course material. Candidates should also plan on spending additional time studying outside of class as well as taking practice tests in order to prepare for the actual exams.
Once all five exams have been passed with a score of 70% or higher, candidates will be awarded their CPIM designation from APICS.
4. Certified in Logistics, Transportation and Distribution (CLTD)
Certified in Logistics, Transportation and Distribution (CLTD) is a professional certification program offered by the American Society of Transportation and Logistics (AST&L). It is designed to recognize professionals who have demonstrated knowledge and understanding of the latest industry trends and best practices in logistics, transportation and distribution.
The CLTD certification program consists of five core modules: Supply Chain Management, Inventory & Warehouse Management, Transportation & Distribution, Global Logistics Strategies, and Financial Analysis & Cost Control. Each module includes topics such as operations management, supply chain technology, international trade regulations, customer service excellence, safety compliance, data analysis and more. The program also includes an online exam that tests the candidate’s knowledge of the material covered in each module.
It typically takes about six months to complete the CLTD certification program. To get certified you must first register for the program with AST&L. You will then be given access to online study materials that cover all five core modules. After completing your studies you can take the online exam which consists of multiple-choice questions based on the material covered in each module. Once you pass the exam you will receive your CLTD certification from AST&L.
The cost for the CLTD certification program varies depending on whether or not you are a member of AST&L. For non-members it costs $595 USD while members pay $495 USD.
5. International Warehouse Logistics Association (IWLA) Certification
The International Warehouse Logistics Association (IWLA) Certification is a professional certification program that recognizes the knowledge and skills of warehouse logistics professionals. It is designed to recognize those who have achieved a high level of expertise in the field of warehouse logistics, and to provide employers with an objective measure of their employees’ qualifications.
The IWLA Certification process typically takes between 6-12 months to complete, depending on the individual’s experience and background. To become certified, applicants must pass an exam that tests their knowledge and understanding of warehouse logistics principles, processes, and practices. The exam consists of multiple-choice questions covering topics such as inventory management, supply chain management, warehousing operations, safety and security protocols, customer service strategies, and more.
In order to get started on the IWLA Certification process, applicants must first submit an application form along with relevant documents such as proof of education or work experience. Once accepted into the program, applicants will be required to pay a fee for the exam which can range from $150-$400 depending on the type of certification being sought.
Once all requirements are met and payment is received, applicants will be provided with access to study materials which they can use to prepare for the exam. Upon successful completion of the exam, applicants will receive their IWLA Certificate which is valid for three years before needing to be renewed.
6. Institute for Supply Management (ISM) Certified Purchasing Manager
The Institute for Supply Management (ISM) Certified Purchasing Manager (CPM) certification is a professional designation that recognizes individuals who have demonstrated expertise in purchasing and supply management. The CPM credential is awarded to individuals who have completed an accredited program and passed a rigorous exam.
To earn the CPM certification, candidates must complete an ISM-accredited program, which typically takes two to three years of full-time study. The program includes courses in topics such as procurement, contract negotiation, inventory control, logistics, and supplier relationship management. Candidates must also pass the CPM Exam administered by ISM.
Candidates can apply for the CPM Exam online or by mail. The cost of the exam is $450 for members of ISM and $650 for non-members. The exam consists of 150 multiple-choice questions and covers topics such as organizational structure, risk management, and legal issues related to purchasing and supply management.
Once candidates have successfully passed the exam, they are awarded the CPM credential. This credential is valid for three years from the date it was issued, after which time it must be renewed with additional continuing education credits or re-examination.
7. Global Supply Chain Professional (GSCP) Certification
The Global Supply Chain Professional (GSCP) Certification is a professional credential that demonstrates an individual’s knowledge and understanding of the principles and practices of global supply chain management. It is designed to equip professionals with the skills and knowledge needed to manage global supply chains effectively.
The GSCP certification program consists of four courses, which must be completed in order to receive the certification. The courses cover topics such as: supply chain strategy, logistics management, procurement and sourcing, inventory management, transportation management, and customer service. Each course requires 80 hours of study time and includes both online learning materials and instructor-led sessions.
In order to get certified, individuals must first complete all four courses within a two-year period. After completing the courses, they must then pass an exam administered by APICS (the American Production & Inventory Control Society). The exam consists of 150 multiple choice questions that cover all aspects of global supply chain management.
The cost for the GSCP certification program varies depending on the provider. Generally speaking, it costs around $1,500 for all four courses plus the exam fee (which is usually around $200). In addition to this fee, there may also be additional costs associated with travel or lodging if attending an in-person course or seminar.
Overall, obtaining a GSCP certification can be beneficial for those looking to advance their career in global supply chain management. It is an internationally recognized credential that demonstrates an individual’s expertise in this field and can open up new opportunities for career growth and advancement.
8. Six Sigma Green Belt Certification
Six Sigma Green Belt Certification is a professional certification program that is designed to help individuals gain the skills and knowledge needed to become a successful Six Sigma practitioner. It is an internationally recognized certification program that helps individuals demonstrate their proficiency in the principles, tools and techniques of Six Sigma.
The Six Sigma Green Belt Certification typically takes between four and eight weeks to complete. The duration of the program depends on the individual’s prior experience with Six Sigma and their ability to absorb and apply the concepts. During this time, participants will learn about process improvement, project management, data analysis, problem solving, team dynamics and more.
To get certified as a Six Sigma Green Belt, one must first complete an approved training program. There are many providers who offer these programs both online and in-person. After completing the training program, individuals must pass an exam administered by either ASQ (American Society for Quality) or IASSC (International Association for Six Sigma Certification).
The cost of getting certified as a Six Sigma Green Belt varies depending on the provider chosen for the training course. Generally speaking, courses range from $500 - $1,500 USD. The cost of taking the exam also varies depending on which organization you take it through; ASQ exams typically cost around $400 USD while IASSC exams tend to be slightly cheaper at around $200 USD.
9. Certified Inventory Control Analyst (CICA)
Certified Inventory Control Analyst (CICA) is a professional certification program designed to provide professionals with the knowledge and skills necessary to effectively manage inventory control in their organization. The CICA certification program is offered through the American Production and Inventory Control Society (APICS).
The CICA certification requires applicants to have a minimum of three years of experience in inventory control or related fields, such as supply chain management, logistics, or operations. Candidates must also pass an exam that covers topics such as inventory planning and control, forecasting and demand planning, materials management, and production scheduling.
The CICA certification process typically takes between six months and one year to complete. During this time, candidates must complete an online application form and submit documents that verify their work experience in inventory control or related fields. Once these documents are approved by APICS, candidates can register for the exam. The exam fee is $550 USD for members of APICS and $750 USD for non-members.
After passing the exam, candidates will receive their CICA certificate from APICS. This certificate is valid for three years and can be renewed by completing continuing education requirements or retaking the exam every three years.
10. National Retail Federation’s Inventory Management Certification
The National Retail Federation’s Inventory Management Certification is a professional certification program designed to recognize and validate the knowledge and skills of retail inventory professionals. The certification is offered in two levels: Certified Inventory Manager (CIM) and Certified Inventory Specialist (CIS).
The CIM certification requires applicants to have at least three years of inventory management experience, while the CIS certification requires one year of experience. To earn either credential, candidates must pass a comprehensive exam that covers topics such as inventory control, forecasting, purchasing, cycle counting, and more. The exam is administered by the NRF Institute, which also provides study materials and practice tests.
It typically takes about four weeks to complete the certification process from start to finish. The cost for the CIM or CIS certification is $395 USD for NRF members and $495 USD for non-members.
11. International Quality Federation’s Quality Technician Certification
The International Quality Federation's (IQF) Quality Technician Certification is a professional certification program designed to recognize the knowledge and skills of quality technicians. It is designed for those who are responsible for ensuring the quality of products and services in a variety of industries. The certification is valid for three years, after which it must be renewed.
To get the IQF Quality Technician Certification, applicants must first pass an online assessment that tests their knowledge of quality management principles and practices. This assessment consists of multiple-choice questions and covers topics such as quality control, inspection methods, problem solving, and root cause analysis. Applicants who pass this assessment will then have to complete a practical project that demonstrates their skills in a real-world setting. Once both assessments have been successfully completed, applicants will receive their certification.
The cost of the IQF Quality Technician Certification varies depending on the country where you are located. In the United States, it costs $295 USD to take the online assessment and $495 USD to complete the practical project. The total cost can range from $795-$995 USD depending on your location.
Overall, obtaining the IQF Quality Technician Certification requires some time and effort but can be very rewarding for those who are looking to demonstrate their expertise in quality management principles and practices.
Do You Really Need a Inventory Control Analyst Certificate?
The answer to this question depends on the individual and their goals. For those looking to gain a basic understanding of inventory control, a certificate may not be necessary. However, for those looking to further their career in inventory control or move into a higher level role, an inventory control analyst certificate can be beneficial.
A certificate program can provide students with the specialized knowledge required to succeed in the field of inventory control. It covers topics such as forecasting, supply chain management, data analysis, and more. Students can also learn about best practices for controlling and managing stock levels and ensuring efficient operations within an organization. With this knowledge, professionals can have an edge when it comes to job opportunities or promotions within their current position.
In addition to providing specialized skills, a certificate program also shows potential employers that the individual has taken the initiative to expand their knowledge base and is committed to staying up-to-date on industry trends. This can help them stand out from other applicants when applying for jobs or promotions.
Overall, whether or not someone needs an inventory control analyst certificate depends on their career goals and what they hope to achieve in the field of inventory control. For those looking for a basic understanding of the subject matter or are already established in the field, a certificate may not be necessary; however, for those looking to take their career further, obtaining a certification could prove invaluable.
Related: Inventory Control Analyst Resume Examples
FAQs About Inventory Control Analyst Certifications
Q1: What is an Inventory Control Analyst Certification?
A1: An Inventory Control Analyst Certification is a credential that provides recognition of expertise in the field of inventory control and management. It demonstrates knowledge of best practices, processes, procedures, and tools used to effectively manage and control inventory within an organization.
Q2: What are the benefits of obtaining an Inventory Control Analyst Certification?
A2: Benefits include enhanced job opportunities, increased earning potential, improved job performance and satisfaction, recognition from peers and employers, improved understanding of industry standards and regulations, and more.
Q3: What are the requirements for obtaining an Inventory Control Analyst Certification?
A3: Requirements vary by certification body but generally include completing courses or other training programs related to inventory control; passing a written exam; meeting educational requirements; gaining practical experience in the field; and demonstrating knowledge of inventory systems.
Q4: How long does it take to become certified as an Inventory Control Analyst?
A4: The amount of time it takes to become certified can vary depending on the certification body, but typically it takes several months or longer to complete all of the necessary steps.
Q5: Is there a cost associated with becoming certified as an Inventory Control Analyst?
A5: Yes, there is usually a fee associated with taking the exam or obtaining other certifications required for becoming an Inventory Control Analyst.