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Best inventory analyst certifications
The best certifications for an inventory analyst are Certified in Production and Inventory Management (CPIM), Certified Supply Chain Professional (CSCP), and Certified in Planning and Inventory Management (CPIM).
Inventory analyst certifications demonstrate your competency as an inventory analyst to employers. However, not all inventory analyst certifications provide the same value.
Below is a list of the best inventory analyst certifications. Obtaining an inventory analyst certification will give you a leg up when you apply for jobs and increase your potential salary.
3 best certifications for inventory analysts
| Rank | Inventory analyst certification | Organization |
|---|---|---|
| 1 | Certified in Production and Inventory Management (CPIM) | APICS |
| 2 | Certified Supply Chain Professional (CSCP) | ASTL |
| 3 | Certified in Planning and Inventory Management (CPIM) | ASCM |
3 best inventory analyst certifications
1. Certified in Production and Inventory Management (CPIM)
Thousands of employers worldwide look for the CPIM designation when making critical hiring decisions. These companies know that CPIM designees have the proven knowledge and skills to strategically streamline operations.
- More than two years of education or training after high school required? Yes
- More than two years of work experience required? No
- Oral or written exam required? Yes
- Renewal required? Every 5 year(s)
2. Certified Supply Chain Professional (CSCP)
Due to an overwhelming request for an entry level industry certification, the American Society of Transportation and Logistics (AST&L) now offers the Professional Designation in Logistics and Supply Chain Management (PLS) to professionals seeking an understanding of the key strategies for improving customer service and increasing the efficiency of their logistics and supply chain operations. The purpose of the PLS is to recognize individuals that have completed a course of study examining the strategies for improving logistics and supply chain operations and are seeking to apply this knowledge within their profession. This designation is granted to AST&L members who have successfully passed the comprehensive examination.
- More than two years of education or training after high school required? No
- More than two years of work experience required? No
- Oral or written exam required? Yes
- Renewal required? Every 5 year(s)
3. Certified in Planning and Inventory Management (CPIM)
Resiliency and agility are what make supply chains thrive in today’s rapidly changing world. Becoming CPIM certified shows employers that you know how to effectively manage disruptions, demand variations and supply chain risk. With a CPIM certification, you will develop the competencies they need to successfully work across all functions of the supply chain. In addition, you'll have the knowledge to better respond to supply disruptions, demand variations, and manage supply chain risk. Commit yourself to a higher level of education, boost your career prospects and help any organization stay competitive in today’s economy.
- More than two years of education or training after high school required? No
- More than two years of work experience required? No
- Oral or written exam required? Yes
- Renewal required? Every 5 year(s)
What is the best certification for an inventory analyst?
The best inventory analyst certification is Certified in Production and Inventory Management (CPIM). The Certified in Production and Inventory Management (CPIM) is awarded by the American Production and Inventory Control Society. The advanced certification is for more experienced employees as it often requires some work experience to acquire.
Here's a bit more background on how to obtain this inventory analyst certification:
- To become a certified Certified in Production and Inventory Management (CPIM), you need to pass the exam.
- Lucky you - certification doesn't require more than two years of work experience.
- Renew certification every 5 year.
What are some of the most in-demand certifications for inventory analysts?
The most in-demand inventory analyst certification is Certified in Production and Inventory Management based on all active job postings. Having this inventory analyst certification will give you access to more inventory analyst jobs with higher salaries.
What certifications can impact an inventory analyst career and salary?
The Certified Supply Chain Professional certification will help you to secure an planner/buyer position, which will increase your pay and career trajectory. An planner/buyer's average salary is $60,773 whereas inventory analysts make an average salary of $58,944.
The most common combination of inventory analyst certifications include: Certified in Production and Inventory Management (CPIM), Certified Supply Chain Professional (CSCP), and Certified in Planning and Inventory Management (CPIM).
Online courses for inventory analysts to earn certifications
1. Supply Chain Logistics
Have you ever wondered how goods get delivered to us so quickly as soon as we order them? One word: Logistics! In this introductory Supply Chain Logistics course, I will take you on a journey to this fascinating backbone of global trade. We cover the three major building blocks of logistics networks: transportation, warehousing, and inventory. After completing this course, you will be able to differentiate the advantages and disadvantages of different modes of transportation. You will...
2. Navigating Healthcare Supply Chain Operations
This course is the continuation of "Introduction to Healthcare Supply Chain Operations". If you have not visited the first part yet, please check it out before starting this course. If you have finished the first part of this series: Introduction to Healthcare Supply Chain Operations, you will be able to apply what you learned to your own career. The foundational knowledge and project plan from the introduction are carried through in this deeper dive into healthcare supply chain operations. In...
3. Financial Accounting - Inventory Costs
Mastering Inventory Costs & Flows: An In-Depth Guide to Accounting for Inventory in Business Operations...
4. Supply Chain Management A-Z: Operations & Logistics Basics
Supply Chain Management Basics: An MBA style course to boost your career as a business operations & logistics manager...
5. RA: Data Science and Supply chain analytics.(A-Z with R)
Learn R,Supply-chain Data Science, Inventory Optimization,Big Data forecasting, Machine learning and Revenue Management...
6. eBay Drop Shipping Guide with No Inventory - Work From Home
Learn exactly how to work from home purely selling and drop shipping on e Bay. No up front inventory! Basic to Advanced!...
7. SAP MM Materials Management (beginner to expert level)
Master SAP Materials Management module with practical implementation steps. Prepare and crack SAP MM Certification exam...
8. PHP for Beginners to Inventory POS Sales Project - AdminLTE
Create Inventory POS System Project With Billing by use of Bootstrap Responsive Admin LTE Dashboard With PHP PHP7 MYSQL...
9. Laravel 9 - Build Complete Inventory Management System A-Z
In This Course, You Will Build Two Different Projects With Laravel 9 including Inventory Management System A-Z...
10. Unity RPG Inventory Systems Asset Pack: Behind The Scenes
Review and integrate an RPG-Style Inventory System. All Code Base Provided As A Flexible Asset Pack...
11. Fundamentals of Logistics, Supply Chain & Customer Service
Learn Logistics, Supply Chain and Customer Service. 3 Courses in 1...
12. SAP Materials Management (MM) Super User Training
Complete Beginner and Intermediate Purchasing & Inventory Management Training - Perform all the task in SAP in no time...
13. Create POS System - Inventory & sales with PHP 7 & adminLTE
Learn how to create a POS system with inventory management and billing using PHP 7 and Admin LTE...
14. RA: Data Science and Supply Chain analytics. A-Z with Python
Learn Python, Supply Chain Data Science ,Linear Programming, Forecasting, Pricing and Inventory Management...
15. Master Blazor Development: Build Inventory Management System
Learn Blazor Server, Entity Framework Core, and ASP.NET Core Identity for Full Stack Web Development...
16. Complete Tally ERP 9-GST Course with Live Project of Clients
Learn Tally ERP 9 with live Accounts of a Business Covering its Accounting, Payroll, GST, Banking, Inventory System...
17. Ultimate TALLY ERP 9 with GST - TALLY with Accounting [2022]
Practical hands-on training on the core concepts like accounting, inventory, Payroll with practical hands-on...
18. Practical Pharmaceutical Supply Management: LMIC Focus
Pharmaceutical Supply Mastery: From Procurement to Efficient Distribution...
19. SAP MM (Materials Management) Consultant Level Course
Learn SAP Material Management module from scratch. Purchasing, Schema Determination, Material Master, Goods Receipt, etc...
20. SAP MM -Material Management Simplified For Beginners
Exclusively designed SAP MM Training for End-Users, MM-Super-users , SAP Beginner to become SAP MM Consultant, S4 HANA...