Supply chain professionals, professors, and our students considering a certification face an array of options—there are multiple organizations and certifications from which to choose, writes Software Advice (Jan.9, 2014). It is also a process that requires a considerable outlay of time and money. Here are 3 well-known and reputable certifications:
- The Certified Supply Chain Professional (CSCP) and Certificate in Production and Inventory Management (CPIM) offered by The Association for Operations Management (APICS); and
- The Certified Professional in Supply Management (CPSM) from the Institute for Supply Management (ISM)
CSCP: Ideal for General Supply Chain Careers
If you’re looking to first gain a broad overview, then the best certification is the CSCP from APICS. First launched in 2006, over 13,000 supply chain professionals in 78 countries have since gained the CSCP. According to the APICS, it “provides you with a mastery of supply chain management best practices and distinguishes you as an industry expert with specialized, high-level knowledge and skills.” APICS’ online education program materials cost $1,250. A driven individual could be ready for the exam in 3-6 months.
CPIM: Ideal for a Career in Inventory Management
The CSCP can be “mixed and matched” with other certifications. If you’re seeking a career in inventory management, then APICS’ CPIM is the best certification to get. Over 100,000 people have pursued the CPIM since its inception in 1973, making it the most recognized of all the certifications discussed here. The online review course costs $2,645 or $1,995 if you’re a member of APICS.
CPSM: Ideal for a Career in Procurement
CPSM was launched in 2008. ISM is an organization for procurement and strategic sourcing people. The certification program is strongly focused on purchasing and procurement. It’s very specialized—you’ll study procurement practices, contract management, and financial management. Course materials cost about $800.