Tag: CPIM

Teaching Tip: Three Supply Chain Certifications

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.

Teaching Tip: Encouraging Students to Take the CPIM Exams

apicsDecades ago, Jay passed the CPIM (Certification in Production and Inventory Management) exams sponsored by APICS, and has been a fan of the program since then. The CPIM course is taught in classrooms in 24 states and online through the APICS web site and costs $2,750 for APICS members and $2,975 for non-members, according to Software Advice (June 14, 2013). Getting certified “demonstrates command of the subject matter,” says APICS CEO. “APICS certifications are recognized for the rigorous exam process, depth of the content and the excellent quality of the courseware. APICS certifications are highly respected by employers and are frequently included as a preferred designation in job descriptions.”

In one recent study, researchers identified a growing demand for supply chain workers: data collected from 2009-2011 compared to that from 2004-2006 reveals a 14% increase in upper level transportation, logistics and distribution management jobs and a 10% increase in mid-level sourcing, procurement and supply management positions. At a time when some manufacturing sectors appear to be picking up steam again after the prolonged recession, workers in this area who possess more finely-honed skills are reaping extra financial rewards. Individuals who hold APICS certification can expect to earn 14-20% more than their similarly qualified peers, says APICS.  The certification helps make workers more efficient in areas such as day-to-day inventory and production management, global supply chain activities and customer relations.

Through certified workers, the CPIM also aims to help companies develop a common language for their various systems and common practices across these systems. Many companies find it essential to employ this common language when installing ERP systems or developing S&OP processes. Despite the intensity of the certification process, the accreditation can yield significant rewards for those who pass the final exams. As the manufacturing sector continues to emerge from the recession, CPIM is a useful way to gain crucial operations and supply chain skills that will distinguish a person from other applicants to secure higher-paying, in-demand positions.