Inventory/Purchasing Manager Education Requirements And Degrees

There are several education requirements to become an inventory/purchasing manager. Inventory/purchasing managers usually study business, accounting or management. 56% of inventory/purchasing managers hold a bachelor's degree and 21% hold a associate degree. We found these by analyzing 1,682 inventory/purchasing manager resumes to investigate the topic of inventory/purchasing manager education more precisely.

The most common colleges for students to pursue their goal of becoming an inventory/purchasing manager are University of Phoenix and Southern Illinois University Carbondale.

For those who would rather stay in your pajamas during the day, we prepared some online courses that can help in inventory/purchasing manager education paths.

We prepared a list of an inventory/purchasing manager certifications that you should consider. The necessary certifications that inventory/purchasing managers must have to succeed are Certified in Production and Inventory Management (CPIM) and Certified Supply Chain Professional (CSCP).

What Degree Should I Get to Become an Inventory/Purchasing Manager ?

The most common degree for inventory/purchasing managers is bachelor's degree 56% of inventory/purchasing managers earn that degree. A close second is associate degree with 21% and rounding it off is high school diploma with 11%.

  • Bachelors, 56%
  • Associate, 21%
  • High School Diploma, 11%
  • Masters, 6%
  • Other Degrees, 6%
Inventory/Purchasing Manager DegreeascdescPercentagesascdesc
Bachelors
56.2%
Associate
20.5%
High School Diploma
10.6%
Masters
6.3%
Certificate
3.1%

What Should I Major in to Become an Inventory/Purchasing Manager ?

Most inventory/purchasing managers, 47% to be exact, major in business. Some other common majors for an inventory/purchasing manager include accounting and management majors.

Inventory/Purchasing Manager MajorascdescPercentagesascdesc
Business
47.3%
Accounting
8.7%
Management
5.2%
Marketing
4.1%
Supply Chain Management
3.8%

Most Common Colleges for Inventory/Purchasing Manager

Here are the most common colleges for an inventory/purchasing manager career in the US based on their resumes. Advocates often get their degree in University of Phoenix, Southern Illinois University Carbondale, and Ohio University .

University of Phoenix

Southern Illinois University Carbondale

Ohio University

University of Wisconsin - Stevens Point

Georgia State University

Inventory/Purchasing Manager Common CollegeascdescPercentagesascdesc
University of Phoenix
19.83%
Southern Illinois University Carbondale
6.03%
Ohio University
5.17%
University of Wisconsin - Stevens Point
5.17%
Georgia State University
5.17%

Average Inventory/Purchasing Manager Salary by Education Level

Inventory/purchasing managers with a Masters degree earn more than those without, at $85,772 annually. With a Bachelors degree, inventory/purchasing managers earn a median annual income of $70,292 compared to $56,283 for inventory/purchasing managers with an Associate degree.

High School Diploma or Less

Master's Degree

Bachelor's Degree

Some College/ Associate Degree

Inventory/Purchasing Manager Education LevelascdescInventory/Purchasing Manager Salaryascdesc
High School Diploma or Less
$55,566
Master's Degree
$85,772
Bachelor's Degree
$70,292
Some College/ Associate Degree
$56,283

Inventory/Purchasing Manager Jobs You Might Like

10 Best Universities For Inventory/Purchasing Managers

In a lot of cases, a higher education can mean a higher salary or even a better job. That's why we found out the best colleges for inventory/purchasing managers. We based this list on these metrics: admissions rate, retention rate, mean earnings of students working, ratio of working vs. non-working students 10 years after admission, average cost of attendance and median debt for graduates.

1. Stanford University

Stanford, CA • Private

In-State Tuition
$51,354
Enrollment
7,083

2. University of Pennsylvania

Philadelphia, PA • Private

In-State Tuition
$55,584
Enrollment
10,764

3. Northwestern University

Evanston, IL • Private

In-State Tuition
$54,568
Enrollment
8,451

4. Maine Maritime Academy

Castine, ME • Private

In-State Tuition
$13,478
Enrollment
979

5. University of Southern California

Los Angeles, CA • Private

In-State Tuition
$56,225
Enrollment
19,548

6. California State University - Bakersfield

Bakersfield, CA • Private

In-State Tuition
$7,309
Enrollment
9,142

7. SUNY at Binghamton

Vestal, NY • Private

In-State Tuition
$9,808
Enrollment
13,990

8. Villanova University

Villanova, PA • Private

In-State Tuition
$53,308
Enrollment
6,819

9. San Diego State University

San Diego, CA • Private

In-State Tuition
$7,488
Enrollment
30,018

10. Bentley University

Waltham, MA • Private

In-State Tuition
$49,880
Enrollment
4,177
RankascdescSchoolascdescLocationascdesc
1
Stanford University
Stanford, CA
2
University of Pennsylvania
Philadelphia, PA
3
Northwestern University
Evanston, IL
4
Maine Maritime Academy
Castine, ME
5
University of Southern California
Los Angeles, CA

15 Best Online Courses for Inventory/Purchasing Managers

Sometimes things are just better when you get to stay in your pajamas all day. That includes school. We found top courses for inventory/purchasing managers from Udemy, Coursera, EDX, and ed2go that will help you advance in your career. Here are essential skills you need to be a inventory/purchasing manager:

  • Purchase orders
  • Vendor relationships
  • Procedures
If you want to improve inventory/purchasing managers skills these courses could help you in this.

Advertising Disclosure
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SAP Materials Management (MM) Super User Training
udemy
4.3
(486)

Complete Beginner and Intermediate Purchasing & Inventory Management Training - Perform all the task in SAP in no time...

PHP for Beginners to Inventory POS Sales Project - AdminLTE
udemy
4.1
(291)

Create Inventory POS System Project With Billing by use of Bootstrap Responsive AdminLTE Dashboard With PHP PHP7 MYSQL...

RPG Inventory Systems Asset Pack: Behind The Scenes
udemy
4.4
(515)

Review and integrate an RPG-Style Inventory System. All Code Base Provided As A Flexible Asset Pack...

Fundamentals of Logistics, Supply Chain & Customer Service
udemy
4.5
(870)

Learn Logistics, Supply Chain and Customer Service. 3 Courses in 1...

eBay Drop Shipping Guide with No Inventory - Work From Home
udemy
4.2
(9,420)

Learn exactly how to work from home purely selling and drop shipping on eBay. No up front inventory! Basic to Advanced!...

Purchasing Fundamentals
ed2go

Improve your company's bottom line by mastering the fundamentals of purchasing...

Purchasing and Supply Chain Management
ed2go

Purchasing and Supply Chain Management...

Procurement & Purchasing Management
ed2go

Procurement & Purchasing Management...

Purchasing and Supply Chain Management + Freight Broker/Agent Training
ed2go

Purchasing and Supply Chain Management + Freight Broker/Agent Training...

Supply Chain Logistics
coursera

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 understand...

Tally ERP9 With GST Step By Step Guide From Basic to Advance
udemy
4.3
(676)

Tally ERP 9 With GST, Tally Accounting, Inventory management, Payroll Management, Bank Reconciliation, Tally with GST...

SAP WM Warehouse Management
udemy
4.1
(380)

Learn how to organize and operate Warehouse Management functionality in SAP...

SAP MM Purchasing Simplified for Beginners
udemy
4.5
(961)

Easy Introduction into Purchasing Processing in SAP ERP...

Supply Chain Analytics
coursera

This Specialization is intended for people seeking to integrate supply chain management with data analytics. Through five courses, you will discover and solve problems in various domains of a supply chain, from source, make, move to sell. Upon completion, you will learn concrete data analytics skills and tools to improve supply chain performance.\n\nSupply Chain Analytics Essentials: Supply chain pain points and how analytics may relieve them, job opportunities and intelligence.\n\nBusiness inte...

Supply Chain Management
coursera

This Specialization is an introduction to the fascinating world of Supply Chain Management. When you complete the program you'll have a richer understanding of the complexities that companies are facing in today's global networked economy.\n\nThe Specialization is for you, if: 1. you're looking to start a career in Supply Chain Management, but lack the basic background; 2. you're working with people in Supply Chain Management and want to understand their daily challenges better; 3. you're fascin...

Best Inventory/Purchasing Manager Certifications in 2021

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.

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.

Certification Details
  • 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.

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.

Certification Details
  • 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)
Course That Help You To Prepare For Certification
Certified Supply Chain Professional (CSCP)
ed2go

3. Certified Purchasing Manager (CPM)

Certification Details
  • More than two years of education or training after high school required? No
  • More than two years of work experience required? Yes
  • Oral or Written Exam Required? Yes
  • Renewal Required? Every 5 year(s)

Entry Level Jobs For Becoming An Inventory/Purchasing Manager

Top 10 Affordable Universities For Inventory/Purchasing Managers

If those top 10 were a bit out of your price range, you might want to check these schools instead. After factoring in in-state tuition and fees, average cost of attendance, admissions rate, average net price and mean earnings after 6 years, we found that these are the most affordable schools for inventory/purchasing managers.

1. SUNY Farmingdale

Farmingdale, NY • Private

In-State Tuition
$8,306
Cost of Attendance
Cost of attendance is the estimated annual cost of attending a particular college or university. It includes tuition and fees, books and supplies, and living expenses.
$16,091

2. California State University - Bakersfield

Bakersfield, CA • Private

In-State Tuition
$7,309
Cost of Attendance
Cost of attendance is the estimated annual cost of attending a particular college or university. It includes tuition and fees, books and supplies, and living expenses.
$16,714

3. Baruch College of the City University of New York

New York, NY • Private

In-State Tuition
$7,262
Cost of Attendance
Cost of attendance is the estimated annual cost of attending a particular college or university. It includes tuition and fees, books and supplies, and living expenses.
$14,046

4. California State University - Dominguez Hills

Carson, CA • Private

In-State Tuition
$6,942
Cost of Attendance
Cost of attendance is the estimated annual cost of attending a particular college or university. It includes tuition and fees, books and supplies, and living expenses.
$14,469

5. Brooklyn College of the City University of New York

Brooklyn, NY • Private

In-State Tuition
$7,240
Cost of Attendance
Cost of attendance is the estimated annual cost of attending a particular college or university. It includes tuition and fees, books and supplies, and living expenses.
$13,991

6. Brigham Young University

Provo, UT • Private

In-State Tuition
$5,620
Cost of Attendance
Cost of attendance is the estimated annual cost of attending a particular college or university. It includes tuition and fees, books and supplies, and living expenses.
$18,136

7. SUNY Polytechnic Institute

Utica, NY • Private

In-State Tuition
$8,238
Cost of Attendance
Cost of attendance is the estimated annual cost of attending a particular college or university. It includes tuition and fees, books and supplies, and living expenses.
$21,567

8. USF Sarasota-Manatee

Sarasota, FL • Private

In-State Tuition
$5,587
Cost of Attendance
Cost of attendance is the estimated annual cost of attending a particular college or university. It includes tuition and fees, books and supplies, and living expenses.
$13,043

9. San Diego State University

San Diego, CA • Private

In-State Tuition
$7,488
Cost of Attendance
Cost of attendance is the estimated annual cost of attending a particular college or university. It includes tuition and fees, books and supplies, and living expenses.
$22,990

10. Clayton State University

Morrow, GA • Private

In-State Tuition
$5,419
Cost of Attendance
Cost of attendance is the estimated annual cost of attending a particular college or university. It includes tuition and fees, books and supplies, and living expenses.
$17,697

Top 10 Hardest Universities To Get Into For Inventory/Purchasing Managers

Some people like a challenge. Well, we challenge you to get into one of these schools. It's not going to be easy. We know this based on these institutions' admissions rates, average SAT scores accepted, median ACT scores accepted and mean earnings of students 6 years after admission.

1. Stanford University

Stanford, CA • Private

Admissions Rate
4%
SAT Average
1,497

2. Northwestern University

Evanston, IL • Private

Admissions Rate
8%
SAT Average
1,508

3. University of Pennsylvania

Philadelphia, PA • Private

Admissions Rate
8%
SAT Average
1,492

4. Boston University

Boston, MA • Private

Admissions Rate
22%
SAT Average
1,420

5. New York University

New York, NY • Private

Admissions Rate
20%
SAT Average
1,419

6. University of Southern California

Los Angeles, CA • Private

Admissions Rate
13%
SAT Average
1,445

7. Villanova University

Villanova, PA • Private

Admissions Rate
29%
SAT Average
1,407

8. Bentley University

Waltham, MA • Private

Admissions Rate
43%
SAT Average
1,338

9. SUNY at Binghamton

Vestal, NY • Private

Admissions Rate
40%
SAT Average
1,376

10. Brandeis University

Waltham, MA • Private

Admissions Rate
31%
SAT Average
1,398
RankascdescSchoolascdescLocationascdesc
1
Stanford University
Stanford, CA
2
Northwestern University
Evanston, IL
3
University of Pennsylvania
Philadelphia, PA
4
Boston University
Boston, MA
5
New York University
New York, NY

Top 10 Easier To Apply Universities For Inventory/Purchasing Managers

Why make getting a job harder on yourself than it has to be? With these colleges, you're sure to be accepted in no time. We compiled admissions rates, average SAT scores, average ACT scores and average salary of students 6 years after graduation in order to uncover which were the easiest schools to get into.

1. Oklahoma Wesleyan University

Bartlesville, OK • Private

Admissions Rate
68%
SAT Average
964

2. Notre Dame de Namur University

Belmont, CA • Private

Admissions Rate
82%
SAT Average
983

3. Holy Names University

Oakland, CA • Private

Admissions Rate
70%
SAT Average
849

4. Notre Dame College

Cleveland, OH • Private

Admissions Rate
90%
SAT Average
994

5. LIM College

New York, NY • Private

Admissions Rate
83%
SAT Average
1,061

6. Nyack College

New York, NY • Private

Admissions Rate
98%
SAT Average
999

7. Life University

Marietta, GA • Private

Admissions Rate
94%
SAT Average
979

8. D'Youville College

Buffalo, NY • Private

Admissions Rate
100%
SAT Average
1,072

9. Presentation College

Aberdeen, SD • Private

Admissions Rate
97%
SAT Average
1,050

10. Oregon Institute of Technology

Klamath Falls, OR • Private

Admissions Rate
96%
SAT Average
1,139
RankascdescSchoolascdescLocationascdesc
1
Oklahoma Wesleyan University
Bartlesville, OK
2
Notre Dame de Namur University
Belmont, CA
3
Holy Names University
Oakland, CA
4
Notre Dame College
Cleveland, OH
5
LIM College
New York, NY

Inventory/Purchasing Manager Internship Jobs

Inventory/Purchasing Manager Jobs

Updated April 30, 2021