Top 10 Inventory Control Specialist Certifications

Certifications for an inventory control specialist are important in the job market because they demonstrate a level of expertise, knowledge, and proficiency in the field. Certifications show that the individual has completed additional training and education beyond what’s typically required for the position and is more qualified than other applicants without certifications. Employers value certifications as proof that a potential employee has the skills necessary to efficiently manage their inventory operations. Additionally, certification programs often provide continuing education opportunities and resources that can help inventory control specialists stay up-to-date with industry trends and best practices.

The purpose of this article is to provide a review of the top certifications for Inventory Control Specialists and explain how they can help an inventory control specialist advance their career.

What are Inventory Control Specialist Certifications?

Inventory Control Specialist Certification is a specialized certification program designed to provide individuals with the knowledge and skills necessary to effectively manage inventory control systems. This certification program focuses on topics such as inventory management, forecasting, pricing strategies, and supply chain management. By obtaining this certification, individuals can demonstrate their expertise in these areas and gain an advantage in the job market.

The Inventory Control Specialist Certification provides individuals with a comprehensive understanding of the principles of inventory control and how to apply them to their own organization or business. It also covers topics related to tracking inventory levels, ordering processes, cost analysis, cycle counting, warehouse optimization and more. Additionally, the certification program teaches participants how to evaluate current practices and develop new strategies for improving inventory control processes.

By obtaining this certification, individuals can increase their professional credibility and demonstrate that they have the knowledge required to effectively manage an organization’s inventory control system. This can open doors to career advancement opportunities within organizations that require professionals who are knowledgeable about inventory control systems. Furthermore, it may also help them secure higher pay rates than those without such certifications.

Pro Tip: If you are considering becoming an inventory control specialist, it is important to obtain the necessary certification. Certification will provide you with the knowledge and skills needed to successfully manage inventory and ensure accuracy in ordering and receiving materials. Additionally, certification will help demonstrate your expertise in the field to potential employers.

Related: What does an Inventory Control Specialist do?

Top 10 Inventory Control Specialist Certifications

Here’s our list of the best certifications available to Inventory Control Specialists today.

1. Certified Inventory Manager (CIM)

Certified Inventory Manager (CIM) is a certification program offered by the Institute of Supply Management (ISM). It is designed to provide professionals with the knowledge and skills required to effectively manage inventory and supply chain operations. The CIM certification is based on the ISM’s Body of Knowledge, which covers topics such as inventory planning, purchasing, and control.

To become certified, applicants must pass an exam that tests their understanding of the ISM’s Body of Knowledge. The exam consists of multiple-choice questions and typically takes two hours to complete. Applicants must also have at least two years of experience in inventory management or related fields.

The cost for taking the exam varies depending on where it is taken, but typically ranges from $250-$400 USD. After passing the exam, applicants will receive their CIM certificate within four weeks.

2. Certified Professional Inventory Manager (CPIM)

Certified Professional Inventory Manager (CPIM) is a professional certification program offered by the Association for Operations Management (APICS). It is designed to help professionals in operations and supply chain management improve their knowledge and skills related to inventory management.

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. Each course must be completed with a passing grade before taking the CPIM exam.

It typically takes six months to one year to complete all five courses. The cost varies depending on the format chosen. Online self-study courses range from $1,195 - $2,495 USD per course; instructor-led classes range from $1,695 - $3,295 USD per course; and virtual instructor-led classes range from $1,395 - $2,995 USD per course.

In order to become certified as a CPIM you must pass both parts of the CPIM exam with a score of at least 500 out of 800 points each part. The cost for the exam is $595 USD for members or $795 USD for non-members.

3. Certified in Production and Inventory Management (CPIM)

Certified in Production and Inventory Management (CPIM) is a professional certification program offered by the American Production and Inventory Control Society (APICS). This certification program is designed to help professionals develop the knowledge and skills necessary to successfully manage production and inventory activities. 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.

The CPIM certification program typically takes between 6-18 months to complete depending on how quickly you move through the courses. To get certified in the CPIM program, you must pass all five courses with at least a 70% score or higher. After passing all five courses, you will be eligible to take the CPIM exam which is administered by APICS.

The cost for the CPIM program varies depending on your location, but typically ranges from $1,000-$2,500 USD. This cost includes course materials such as textbooks and online resources as well as access to practice exams and other study aids.

4. Certified Logistics Technician (CLT)

Certified Logistics Technician (CLT) is a certification program offered by the American Society of Transportation and Logistics (AST&L). The CLT certification is designed to recognize individuals who demonstrate knowledge and proficiency in the field of logistics, supply chain management, transportation, warehousing and inventory control.

It typically takes about six months to complete the CLT certification program. To get certified, applicants must first submit an application form to AST&L. After submitting the application form, applicants must then pass a written exam that covers topics such as logistics principles and practices, inventory management, warehouse operations and transportation systems. After passing the exam, applicants will receive their CLT certificate.

The cost of getting certified as a Certified Logistics Technician varies depending on the specific requirements of each applicant. Generally speaking, it costs around $400 for the application fee plus additional fees for taking the exam and receiving the certificate.

5. APICS Certified Supply Chain Professional (CSCP)

APICS Certified Supply Chain Professional (CSCP) is a certification program designed to recognize professionals who demonstrate mastery of supply chain management best practices. The CSCP designation is the most widely recognized and respected certification for supply chain professionals around the world.

In order to become a CSCP, individuals must complete an extensive training program provided by APICS, which includes both online and in-person courses. The program consists of three main components:

1. A four-day classroom course that covers the fundamentals of supply chain management;

2. An online self-study course that focuses on more advanced topics;

3. A comprehensive exam that tests knowledge and comprehension of all aspects of supply chain management.

The entire process typically takes between 6 months and 1 year to complete, depending on how quickly you are able to absorb the material and prepare for the exam.

To get started with the CSCP program, you will need to register with APICS and pay a fee of $995 USD for access to their online learning platform and materials. Once you have completed your training, you can then register for the CSCP exam, which costs an additional $695 USD. Upon passing the exam, you will be officially certified as a CSCP from APICS.

6. American Production and Inventory Control Society (APICS) CPIM

American Production and Inventory Control Society (APICS) CPIM is a professional certification program that provides professionals with the knowledge and skills needed to effectively manage and control inventory, production, and operations in an organization. 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, Strategic Management of Resources.

The CPIM program is designed to take about two years to complete. This includes studying for the exams associated with each course as well as completing any required assignments or projects. It is recommended that candidates have at least three years of experience in supply chain management prior to taking the program.

To get the APICS CPIM certification, you must first register on the APICS website and pay the registration fee. You will then be able to access all of the materials necessary for studying for the exams associated with each course. Once you have completed all five courses and passed all five exams, you will receive your official APICS CPIM certification.

The cost for registering for the APICS CPIM program varies depending on whether or not you are an APICS member. For non-members, it costs $1,395 USD for each course plus an additional $295 USD for each exam taken. For members, it costs $995 USD per course plus an additional $195 USD per exam taken.

7. International Warehouse Logistics Association (IWLA) Certificate of Achievement

The International Warehouse Logistics Association (IWLA) Certificate of Achievement is a professional certification that recognizes individuals who have demonstrated a high level of knowledge and expertise in the field of warehouse logistics. The IWLA Certificate of Achievement is designed to provide industry professionals with an opportunity to demonstrate their commitment to advancing the profession and staying current with the latest trends and best practices.

The IWLA Certificate of Achievement requires applicants to complete a series of courses, pass an exam, and submit a portfolio for review. The courses include topics such as supply chain management, inventory control, customer service, safety and security, and more. The exam covers all topics related to warehouse logistics. Once the portfolio has been reviewed by an IWLA panel, applicants will receive their certificate if they meet all requirements.

The process typically takes between four to six months from start to finish. Applicants must pay a fee for each course they take as well as an application fee when submitting their portfolio for review. The total cost can range from $600-$1,000 depending on the number of courses taken and other factors.

8. Institute for Supply Management (ISM) Purchasing Certification

The Institute for Supply Management (ISM) Purchasing Certification is a professional certification program designed to recognize the knowledge and skills of purchasing professionals. It is an internationally recognized qualification that demonstrates expertise in the field of procurement and supply chain management.

The ISM Purchasing Certification consists of two parts: the Certified Professional in Supply Management (CPSM) exam and the Certified Professional in Supplier Diversity (CPSD) exam. The CPSM exam tests knowledge related to strategic sourcing, contract management, supplier relationship management, and other aspects of purchasing. The CPSD exam focuses on supplier diversity and best practices for working with diverse suppliers.

It typically takes between six months and one year to complete both exams, depending on how much time you are able to dedicate to studying. To get started, you must first register with ISM and pay the applicable fees ($395 for members or $695 for non-members). After registering, you will receive access to the online study materials needed to prepare for the exams.

Once you have studied all of the material, you can register for your exams at any Prometric testing center worldwide. Both exams consist of multiple-choice questions and cost $250 each if taken separately or $400 if taken together as part of a package deal. You must achieve a score of 70% or higher on both exams in order to be certified as a CPSM or CPSD.

9. International Purchasing and Supply Chain Management Professional Certification

International Purchasing and Supply Chain Management Professional Certification (IPSCMP) is a certification program designed to recognize professionals in the field of purchasing and supply chain management. It is offered by the International Purchasing and Supply Chain Management Association (IPSCMA), an international organization dedicated to promoting excellence in the field.

The IPSCMP certification requires applicants to demonstrate their knowledge, skills, and abilities related to purchasing and supply chain management. To become certified, applicants must pass an exam that covers topics such as procurement strategies, supplier selection, inventory management, logistics operations, contract negotiation, and more. The exam consists of multiple-choice questions and takes approximately three hours to complete.

To apply for the IPSCMP certification, applicants must submit a completed application form with supporting documentation such as proof of education or experience in purchasing and supply chain management. Once approved, applicants must pay a fee of $495 USD for the exam registration fee plus any applicable taxes.

The IPSCMP certification is valid for three years from the date of completion. To maintain certification status after this period, individuals must complete continuing education credits every year or retake the exam before their expiration date.

Overall, obtaining the IPSCMP certification can take anywhere from two months to one year depending on individual circumstances such as availability of courses or exams in your area.

10. Certified Materials & Resource Professional (CMRP)

Certified Materials & Resource Professional (CMRP) is a professional certification offered by the Association for the Advancement of Medical Instrumentation (AAMI). The CMRP credential is designed to recognize individuals who have demonstrated expertise in the field of medical device materials and resource management. It is intended to provide employers with assurance that their employees possess the knowledge, skills, and abilities necessary to successfully manage medical device materials and resources.

To obtain the CMRP credential, applicants must first meet certain educational and experience requirements. Applicants must have at least five years of experience in medical device materials or resource management, including two years of supervisory experience. They must also have either an associate’s degree or higher in a related field or equivalent work experience.

Applicants must then pass an examination administered by AAMI which consists of 200 multiple-choice questions covering topics such as inventory control, purchasing, regulatory compliance, quality assurance, and financial management. The exam takes approximately four hours to complete.

The cost for the CMRP exam is $395 for members of AAMI and $495 for non-members. Once applicants have passed the exam they will be issued a certificate from AAMI indicating that they are a Certified Materials & Resource Professional (CMRP).

Do You Really Need a Inventory Control Specialist Certificate?

Inventory control is a critical component of managing any business. Without proper inventory control, businesses can suffer from excess stock, lost sales due to out-of-stock items, and inefficient use of resources. To ensure the success of any business, it is essential to have an effective inventory control system in place. Having an Inventory Control Specialist Certificate can be beneficial for those looking to enter or advance in this field.

The primary benefit of having an Inventory Control Specialist Certificate is that it provides you with the necessary knowledge and skills to perform the job effectively. The certificate program covers topics such as inventory management principles, stock monitoring techniques, inventory forecasting and replenishment methods, cost analysis and optimization strategies, best practices for warehouse operations, and much more. With these skills, you will be better equipped to understand the complexities of inventory management and develop efficient solutions for your organization’s needs.

An Inventory Control Specialist Certificate also demonstrates your commitment to the profession and increases your value as an employee. Employers are more likely to hire someone with a specialized certificate than someone without one because it shows that you possess a higher level of expertise in this field. Additionally, having this certification may help you stand out when applying for promotions or other positions within your organization.

Overall, obtaining an Inventory Control Specialist Certificate can be beneficial if you want to work in this field or advance your career in inventory management. It provides you with the necessary knowledge and skills needed for success while also demonstrating your commitment to this profession.

Related: Inventory Control Specialist Resume Examples

FAQs About Inventory Control Specialist Certifications

1. What are the benefits of becoming an Inventory Control Specialist?

Answer: Becoming an Inventory Control Specialist can provide many benefits, including increased job security, higher wages, and the opportunity to specialize in a particular area of expertise. Additionally, an Inventory Control Specialist certification can help you stand out from other job applicants and demonstrate your commitment to professional development.

2. What type of certifications are available for Inventory Control Specialists?

Answer: There are several certifications available for Inventory Control Specialists, including Certified Professional Logistician (CPL), Certified Materials & Resource Professional (CMRP), Certified Production & Inventory Manager (CPIM), and Certified Supply Chain Professional (CSCP).

3. How long does it take to become certified as an Inventory Control Specialist?

Answer: The time it takes to become certified as an Inventory Control Specialist will depend on the specific certification program you choose. Generally speaking, most programs require participants to complete a series of courses or exams within a set period of time in order to earn their certification.

4. What qualifications do I need in order to become certified as an Inventory Control Specialist?

Answer: Most certification programs require applicants to have at least two years of relevant experience in inventory control or related fields before applying for the certification exam. Additionally, applicants may be required to submit letters of recommendation from past employers or supervisors as part of their application process.

5. Are there any continuing education requirements for maintaining my certification as an Inventory Control Specialist?

Answer: Yes, most certifying organizations require holders of their certifications to participate in ongoing professional development activities such as attending conferences and workshops or taking additional courses in order to maintain their credentials.