Top 11 Inventory Manager Certifications

Certifications are important for an inventory manager in the job market because they demonstrate a level of knowledge and expertise in the field. Certified inventory managers have proven their proficiency in best practices, procedures, and processes related to managing and tracking inventory. This can give employers confidence that they are hiring a qualified individual who is capable of ensuring efficient operations. Certification also provides professional recognition, which can help inventory managers stand out from other applicants when applying for jobs. Additionally, certifications may be required by certain employers or industries, so having them can open up more opportunities for an inventory manager in the job market.

The purpose of the article is to provide an overview of the most beneficial certifications for inventory managers and explain how they can help advance their careers.

What are Inventory Manager Certifications?

Inventory Manager Certification is a designation awarded to professionals who demonstrate proficiency in the management of inventory. This certification is offered by various organizations and can be an important credential for professionals working in the field of inventory management.

The primary benefit of Inventory Manager Certification is that it provides assurance to employers that their inventory managers have the necessary knowledge and skills to effectively manage their inventory processes. This certification also helps employers differentiate between candidates when recruiting for positions in inventory management, as those with the credential are more likely to have a greater understanding of best practices and industry standards. In addition, this certification may also lead to higher wages or increased opportunities for career advancement within the organization.

In order to earn Inventory Manager Certification, individuals must usually complete an assessment or exam that tests their knowledge and skills in areas such as procurement, inventory control, supply chain logistics, demand forecasting, and data analysis. Additionally, some certifications require applicants to have a certain amount of work experience in the field prior to taking the exam. Upon successful completion of the assessment/exam, individuals will receive a certificate indicating they have met all requirements necessary for certification in Inventory Management.

Pro Tip: Before pursuing an inventory manager certification, make sure you have a strong foundation in the fundamentals of inventory management. This includes knowledge of inventory tracking systems, inventory control techniques, and supply chain management principles. Additionally, familiarize yourself with industry best practices for completing an accurate physical inventory count and auditing processes.

Related: What does an Inventory Manager do?

Top 11 Inventory Manager Certifications

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

1. Certified Inventory Manager (CIM)

Certified Inventory Manager (CIM) is a professional certification program offered by the International Inventory Management Institute (IIMI). The CIM program is designed to help inventory managers and other professionals gain the knowledge and skills needed to effectively manage inventory.

The CIM program consists of three courses: Introduction to Inventory Management, Advanced Inventory Management, and Professional Practices in Inventory Management. Each course requires a minimum of 30 hours of study and includes online lectures, quizzes, and assignments. Upon completion of all three courses, students must pass an exam in order to receive their CIM certification.

The cost of the CIM program depends on which type of membership you choose. The basic membership costs $350 USD and includes access to all three courses as well as an exam voucher. The premium membership costs $450 USD and includes access to all three courses, an exam voucher, and one year of IIMI membership benefits.

To get your CIM certification, you must first complete the three required courses within six months from the date of purchase. Once you have completed the coursework, you can then take the final exam at any IIMI-approved testing center. After passing the exam with a score of 70% or higher, you will be awarded your CIM certification.

2. Certified Professional Inventory Manager (CPIM)

Certified Professional Inventory Manager (CPIM) is a professional certification program offered by the Association for Operations Management (APICS). The CPIM program is designed to recognize professionals who have demonstrated a comprehensive understanding of inventory management processes and procedures. It is an internationally recognized certification that can help individuals demonstrate their expertise in inventory management, supply chain operations, and logistics.

The CPIM program consists of two exams: the Basics of Supply Chain Management exam and the Master Planning of Resources exam. To earn the CPIM designation, candidates must pass both exams within three years. Candidates must also complete a minimum of five years of professional experience in inventory or supply chain management or related fields.

The cost to take the CPIM exam varies depending on the location and format chosen. Generally, it costs around $400-$500 USD per exam plus any additional fees associated with taking the exams at an approved testing center.

To get started with the CPIM program, candidates should visit APICS’ website to review eligibility requirements and register for the exams. Once registered, candidates should begin studying for both exams using APICS’ study materials and practice tests. It typically takes 3-6 months to prepare for each exam depending on how much time you are able to dedicate to studying each day.

3. Certified Supply Chain Professional (CSCP)

Certified Supply Chain Professional (CSCP) is a professional certification program offered by the American Production and Inventory Control Society (APICS) that provides supply chain professionals with the knowledge and skills to effectively manage global supply chains. The CSCP program is designed to help individuals demonstrate their mastery of end-to-end supply chain management best practices and gain recognition for their expertise.

The CSCP program consists of three parts: an online self-study course, an in-person exam, and a professional development workshop. The self-study course covers topics such as supply chain design, inventory management, logistics, customer service, and more. It takes approximately 20 hours to complete the self-study course.

The in-person exam is a 3-hour multiple choice test administered at APICS testing centers around the world. Candidates must pass this exam with a score of 70% or higher to become certified.

The professional development workshop is an optional part of the certification process that provides additional training in key areas such as strategic sourcing, performance measurement, and risk management. This workshop is available online or through APICS chapters around the world.

The cost of the CSCP program varies depending on which components you choose to participate in. The cost for just the self-study course is $995 USD; the cost for both the self-study course and exam is $1,495 USD; and the cost for all three components (self-study course, exam, and professional development workshop) is $2,295 USD.

4. 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). It is designed to recognize individuals who have mastered the skills and knowledge necessary for success in production and 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.

The CPIM program can be completed in as little as six months or as long as two years depending on how quickly you complete the courses. You must attend an APICS approved training center or take online classes to become certified.

The cost for the CPIM program varies depending on where you take the classes, but typically ranges from $1,000 - $2,500 USD. This includes all course materials, exams, and certification fees.

5. APICS Certified in Logistics, Transportation and Distribution (CLTD)

APICS Certified in Logistics, Transportation and Distribution (CLTD) is a professional certification offered by the Association for Supply Chain Management (ASCM). The CLTD certification is designed to help logistics, transportation and distribution professionals gain recognition in their field. It demonstrates a comprehensive understanding of global supply chain management principles and best practices.

The CLTD certification requires passing an exam that covers topics such as transportation management, inventory control, warehousing operations, order fulfillment, and reverse logistics. The exam consists of 150 multiple-choice questions and must be completed within three hours.

In order to be eligible for the CLTD exam, applicants must have two years of related work experience or one year of related work experience plus a bachelor’s degree or higher from an accredited college or university. Applicants must also agree to abide by the ASCM Code of Ethics.

The cost of the CLTD certification varies depending on whether you are an ASCM member or non-member. For members, the cost is $495; for non-members it is $695. Additionally, there is a $50 fee for late registration and a $100 fee for rescheduling your exam appointment.

It typically takes between three to six months to prepare for the CLTD exam. During this time, applicants should review study materials provided by ASCM as well as any other relevant materials they may have access to in order to ensure they are adequately prepared for the test.

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

American Production and Inventory Control Society (APICS) Certification is a professional certification program for supply chain, operations, and production management professionals. It is designed to help individuals demonstrate their knowledge of the principles of supply chain management and demonstrate their commitment to professional growth.

The APICS certification process typically takes about 6 months to complete. The first step in the process is to register for the exam and schedule an appointment with an approved proctoring center. Once registered, applicants must prepare for the exam by studying from the APICS body of knowledge, attending workshops or seminars, or taking online courses.

To get certified, applicants must pass a comprehensive exam that covers topics such as inventory control, production planning, materials management, quality assurance, customer service, and logistics. The cost of the exam varies depending on whether you are a member or non-member of APICS; members pay $395 while non-members pay $495.

7. Institute of Business Forecasting & Planning (IBF) Certification

The Institute of Business Forecasting & Planning (IBF) Certification is an internationally recognized professional certification for forecasting and planning professionals. The IBF certification is designed to demonstrate a high level of proficiency in the field of business forecasting and planning.

The IBF certification consists of two parts: a written exam and a practical assessment. The written exam covers topics such as forecasting techniques, data analysis, supply chain management, and business strategy. The practical assessment requires applicants to complete a project that demonstrates their ability to apply the knowledge they have gained from the written exam to real-world scenarios.

It typically takes between 6-12 months to complete the IBF certification program depending on how quickly you are able to study and prepare for the exams. To get certified, applicants must first apply for membership with IBF, then take an online pre-qualification test which assesses their current knowledge in the field of business forecasting and planning. Once accepted into the program, applicants must complete both the written exam and practical assessment within 18 months in order to be eligible for certification.

The cost of getting certified through IBF varies depending on your individual circumstances; however, it typically costs around $1,000-$2,000 USD including registration fees, course materials, and other associated costs.

8. International Warehouse Logistics Association (IWLA) Certification

The International Warehouse Logistics Association (IWLA) Certification is a comprehensive program that recognizes the highest standards of warehouse and logistics operations. The certification is designed to ensure that warehouses and logistics companies meet stringent safety, operational, financial, and customer service requirements.

The IWLA Certification process takes approximately 6-12 months to complete. To get certified, companies must first apply for certification by submitting an application along with supporting documents such as financial statements, operating procedures, employee training records, and customer service policies. Once approved, companies must then complete an on-site audit conducted by IWLA auditors who assess the company’s operations against the IWLA standards. If the audit results are satisfactory, the company will be awarded the certification.

The cost of getting certified depends on a number of factors such as size of operation, number of employees, type of services provided etc. Generally speaking however, it can range from $2,000-$5,000 or more depending on the complexity of the audit.

Overall, obtaining IWLA Certification is a lengthy process but provides organizations with a valuable credential that demonstrates their commitment to excellence in warehousing and logistics operations.

9. International Purchasing & Supply Chain Management Institute (IPSCMI) Certification

The International Purchasing & Supply Chain Management Institute (IPSCMI) Certification is a professional certification program for individuals who wish to demonstrate their knowledge and skills in the field of purchasing and supply chain management. It is designed to provide an industry-recognized credential for those who have demonstrated the highest level of professional competence in this field.

The IPSCMI Certification requires successful completion of a comprehensive exam that covers topics such as procurement, inventory management, logistics, and supply chain management. The exam consists of multiple choice questions, case studies, and essay questions. The exam typically takes around four hours to complete and must be taken at an approved testing center.

In order to apply for IPSCMI Certification, applicants must meet certain eligibility requirements such as having two years of relevant work experience or completing an accredited training program in purchasing or supply chain management. Once the application has been approved, applicants can then register for the exam by paying a fee of $395 USD.

Once the exam has been passed with a minimum score of 70%, applicants will receive their official IPSCMI Certification certificate within two weeks. This certificate is valid for three years and can be renewed by submitting proof of continuing education credits earned during that time period.

10. American Purchasing Society (APS) Certification

American Purchasing Society (APS) Certification is a professional certification that demonstrates knowledge and expertise in purchasing and supply chain management. It is designed to recognize individuals who have mastered the principles, practices, and techniques of modern purchasing and supply chain management. The APS certification is offered by the American Purchasing Society, which is an association dedicated to advancing the profession of purchasing and supply chain management.

To become certified, individuals must first pass an exam that covers topics such as procurement processes, supplier relationships, contract law, logistics and inventory control. The exam consists of multiple-choice questions and takes approximately three hours to complete. After passing the exam, applicants must submit an application for certification along with proof of their education or experience in purchasing or supply chain management.

The cost for the APS Certification Exam is $225 USD for members of the American Purchasing Society ($275 USD for non-members). The cost includes a study guide as well as access to online practice exams. Once certified, individuals must renew their certification every two years by taking continuing education courses or attending seminars related to purchasing and supply chain management.

11. National Association of Purchasing Management (NAPM) Certification

The National Association of Purchasing Management (NAPM) Certification is a professional certification that recognizes individuals who demonstrate a high level of knowledge and expertise in the field of purchasing and supply chain management. It is designed to provide individuals with the skills and knowledge necessary to become successful in the field.

The NAPM Certification requires passing an exam, which consists of 120 multiple-choice questions. The exam covers topics such as purchasing principles, contract law, cost analysis, supplier selection and evaluation, supplier relationships, inventory management, logistics, and risk management. The exam can be taken online or at a testing center.

It typically takes about four to six months to complete the certification process. During this time, applicants must complete all required coursework and pass the exam. Applicants must also submit proof of experience in the field of purchasing and supply chain management.

The cost for NAPM Certification varies depending on whether you are taking the exam online or at a testing center. Online exams typically cost around $400 USD while testing center exams can range from $500-$800 USD.

In addition to passing the exam, applicants must also meet certain eligibility requirements such as having a minimum of two years’ experience in purchasing or supply chain management and completing continuing education courses every three years to maintain their certification status.

Do You Really Need a Inventory Manager Certificate?

In today’s competitive job market, having an inventory manager certificate can be a great asset to your resume. It shows potential employers that you have the knowledge and skills necessary to manage inventory in a professional setting. It also demonstrates that you are committed to staying up-to-date on the latest trends and best practices in the field.

However, many jobs related to inventory management do not require a certificate; rather, they may only require experience and/or education. So if you already have the necessary qualifications for an inventory management position, such as a degree in business or logistics, then it may not be necessary to obtain an inventory manager certificate.

On the other hand, if you want to stand out from other applicants or move ahead in your career, then obtaining an inventory manager certificate could be beneficial. An inventory manager certificate can give you access to specialized courses and resources that will help you become more knowledgeable about this field of work. With this additional knowledge, you will be able to better understand how different systems work and how they can help increase efficiency in the workplace. Furthermore, having a certificate will also show employers that you are serious about your career and are willing to invest time and money into furthering your education.

Ultimately, whether or not you need an inventory manager certificate depends on your individual goals and circumstances. If you already have the necessary qualifications for a job in this field or simply want to stay up-to-date on industry trends, then obtaining a certification may not be necessary. However, if you are looking for ways to advance your career or stand out from other applicants, then obtaining an inventory manager certificate could certainly be beneficial.

Related: Inventory Manager Resume Examples

FAQs About Inventory Manager Certifications

Q1. What is an Inventory Manager Certification?

A1. An Inventory Manager Certification is a professional certification that demonstrates an individual’s knowledge and skills in inventory management. It is designed to help inventory managers stay up-to-date on the latest trends and best practices in inventory management.

Q2. Who should consider getting certified as an Inventory Manager?

A2. Any individual who has a role in the management of inventory, such as warehouse managers, purchasing managers, logistics managers, supply chain managers, and retail operations managers, should consider getting certified as an Inventory Manager.

Q3. How do I get certified as an Inventory Manager?

A3. To become certified as an Inventory Manager, you must complete a certification program approved by the National Association of Professional Inventory Managers (NAPIM). The program includes coursework and examinations that cover topics such as inventory control systems, forecasting techniques, safety procedures, and legal compliance requirements for managing inventories.

Q4. What are the benefits of becoming certified as an Inventory Manager?

A4. Becoming certified as an Inventory Manager can help you gain recognition from employers and increase your job opportunities in the field of inventory management. Other benefits include improved job performance due to increased knowledge of best practices in the field, access to continuing education courses related to inventory management topics, and networking opportunities with other professionals in the field of inventory management.

Q5. How long does it take to get certified as an Inventory Manager?

A5. The amount of time it takes to become certified depends on how quickly you are able to complete the coursework requirements and pass the examinations associated with the certification program offered by NAPIM. Generally speaking, it can take anywhere from 6 months to 2 years to complete all requirements for certification depending on your level of commitment and how quickly you are able to study and pass exams related to the material presented in each course module