Explore jobs
Find specific jobs
Explore careers
Explore professions
Best companies
Explore companies
Best procurement analyst certifications
Procurement analyst certifications allow job seekers to demonstrate their competency as an procurement analyst to employers. However, not all procurement analyst certifications provide the same value for job seekers.
The best certifications for a procurement analyst are Certified Professional Contracts Manager (CPCM), Certified Supply Chain Professional (CSCP), and Certified Management Accountant (CMA).
Below is a list of the best procurement analyst certifications. Obtaining an procurement analyst certification will give you a leg up when you apply for jobs and increase your potential salary.
8 best certifications for procurement analysts
| Rank | Procurement analyst certification | Organization |
|---|---|---|
| 1 | Certified Professional Contracts Manager (CPCM) | NCMA |
| 2 | Certified Supply Chain Professional (CSCP) | ASTL |
| 3 | Certified Management Accountant (CMA) | IMA |
| 4 | IT Information Library Foundations Certification (ITIL) | Zavata |
| 5 | Project Management Professional (PMP) | PMI |
| 6 | Certified Professional in Supply Management (CPSM) | ISM |
| 7 | Certified Federal Contracts Manager (CFCM) | NCMA |
| 8 | Certified Product Safety Manager (CPSM) | IBFCSM |
8 best procurement analyst certifications
1. Certified Professional Contracts Manager (CPCM)
A certified professional contracts manager (CPCM) shows that you are knowledgeable about all facets of contracts management, both within the government and the commercial arenas.
- More than two years of education or training after high school required? Yes
- More than two years of work experience required? Yes
- 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 Management Accountant (CMA)
The CMA (Certified Management Accountant) is the advanced professional certification specifically designed to measure the accounting and financial management skills that drive business performance.
- More than two years of education or training after high school required? Yes
- More than two years of work experience required? Yes
- Oral or written exam required? Yes
- Renewal required? Every 1 year(s)
4. IT Information Library Foundations Certification (ITIL)
The ITIL Foundations Certification course is designed for all IT service and support staff members. Whether you are just adopting ITIL or are working on continuous service improvement, you will gain a fundamental understanding of how IT service and support can be best organized to align IT with business needs, improve service quality, and reduce long-term costs. Course Benefits: 1) Gain an understanding of the ITIL framework and its relationship with the 10 foundational processes and Service Desk function, 2) Learn how ITIL processes can be utilized in any size organization, 3) Promote a common vision and language within the IT infrastructure.
- 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? No
5. Project Management Professional (PMP)
The PMP designation following your name tells current and potential employers that you have demonstrated a solid foundation of knowledge from which you can competently practice project management.To be eligible for a PMP Credential, you must first meet specific educational and project management experience requirements and agree to adhere to a code of professional conduct. The final step to becoming a PMP is passing a rigorous multiple-choice examination designed to objectively assess and measure your ability to apply project management knowledge in the following six domains: initiating the project, planning the project, executing the project, monitoring and controlling the project, closing the project, and professional and social responsibility. This computer-based examination is administered globally with translation aids in 10 languages.
- 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 3 year(s)
6. Certified Professional in Supply Management (CPSM)
Institute for Supply Management™ (ISM) announces the Certified Professional in Supply Management (CPSM) as the title for the profession's new qualification. The Certified Professional in Supply Management is slated to be the qualification that supply management professionals strive to obtain. The CPSM will be relevant internationally and reflect the expanded education, skills and experience needed to be a successful supply management professional. The CPSM will debut in 2008.
- 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?
7. Certified Federal Contracts Manager (CFCM)
Eligibility for the CFCM requires a candidate to have: * A degree from a regionally accredited institution at the bachelor's level, with 24 hours of course work in business management topics, * Two years of experience, and 120 hours of continuing professional education, at least 40 of which are specific to federal contracts management topics. * Waivers of the degree requirement are available for those candidates who have ten years of experience and a letter from a supervisor supporting their candidacy. * Candidates lacking only the experiential and continuing education requirements may apply for the designation and take the examinations. Upon successful completion of the examinations, the candidate will be awarded the designation ONLY when both experiential and continuing education requirements are met.To earn the CFCM, a candidate must take and pass two examinations; the Business Knowledge and Federal Knowledge modules.
- More than two years of education or training after high school required? Yes
- More than two years of work experience required? Yes
- Oral or written exam required? Yes
- Renewal required? Every 5 year(s)
8. Certified Product Safety Manager (CPSM)
The CPSM program has attracted a high caliber of hazard control leaders who serve in industry, government, and education. Earning the CPSM provides recognition and status to those meeting the education, experience, and examination requirements to be designated as a CPSM. Product safety can be most effectively achieved by using a multi-disciplinary approach that addresses engineering, systems methods, environmental science, behavioral science, ergonomics, human factors, law, economics, and management.
- More than two years of education or training after high school required? Yes
- More than two years of work experience required? Yes
- Oral or written exam required? Yes
- Renewal required? Every 5 year(s)
What is the best certification for a procurement analyst?
The best procurement analyst certification is Certified Professional Contracts Manager (CPCM). The Certified Professional Contracts Manager (CPCM) is awarded by the National Contract Management Association. 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 procurement analyst certification:
- To become a certified Certified Professional Contracts Manager (CPCM), you need to pass the exam.
- This certificate requires more than two years of work experience.
- Renew certification every 5 year.
What are some of the most in-demand certifications for procurement analysts?
The most in-demand procurement analyst certification is Certified Professional Contracts Manager based on all active job postings. Having this procurement analyst certification will give you access to more procurement analyst jobs with higher salaries.
What certifications can impact a procurement analyst career and salary?
The Certified Supply Chain Professional certification will help you to secure a supply chain analyst position, which will increase your pay and career trajectory. A supply chain analyst's average salary is $62,022 whereas procurement analysts make an average salary of $64,448.
The most common combination of procurement analyst certifications include: Certified Professional Contracts Manager (CPCM), Certified Supply Chain Professional (CSCP), and Certified Management Accountant (CMA).
Online courses for procurement analysts to earn certifications
1. Data Analysis Immersive (Full-time)
Learn to problem solve, and effectively communicate, like an analyst. This course teaches you to use industry-standard tools to make ethical, data-driven decisions. Experience hands-on training to master SQL, Excel, Tableau, PowerBI, and Python – tools listed in virtually every data analytics job posting across industries...
2. Data Analytics (Part Time)
Harness Excel, SQL, and Tableau to drive powerful analysis and insights. Build confidence and credibility to apply this versatile skill set to countless jobs. This course is offered in person and live online, in a remote classroom setting...
3. Data Analyst
Use Python, SQL and Statistics to advance your programming skills and refine your ability to work with messy, complex datasets...
4. Data Structures and Algorithms
Get hands-on practice with over 80 data structures and algorithm exercises and guidance from a dedicated mentor to help prepare you for interviews and on-the-job scenarios...
5. Strategic Cost Management: Procurement and Supply Chain 2022
How to secure long term Procurement savings without breaking relations with your suppliers (with the updates 2022)...
6. Procurement Management
An Ultimate Guide to Procurement / Purchase Management for Managers, Engineers, Entrepreneurs and Students...
7. Intro to Data Analytics
Discover if data is a career fit for you Regardless of your industry or role, fluency in the language of data analytics will allow you to contribute to data driven decision making. In this free, two-hour livestream, you’ll learn to understand, analyze, and interpret data so you too can join the data conversation. We’ll cover how to ask the right questions of your data and basic analytic functionality. Then you’ll apply your new found data analytic skills to a real-world dataset, allowing you...
8. Data Visualization
You will start by building data visualizations and dashboards, considering your audiences to be as effective as possible. Then, you’ll move into drafting presentations using storytelling techniques, visualizations, and animations to provide data-driven recommendations...
9. Intro to Data Analysis
Start your data science journey right with this hands-on introduction to the discipline of data analysis. In this course you'll learn the 5 key stages of the data analysis process and apply them to real data sets using Python libraries NumPy, pandas, and Matplotlib...
10. SAP S/4HANA Sourcing & Procurement (MM-Materials Management)
The course covers both configuration and end-user processes for SAP S/4HANA MM / Sourcing & Procurement...
11. Four Steps to Future Procurement: become Procurement expert!
Proven Practices for Procurement: from Beginner to Professional (with the updates 2022)...
12. Data Visualization
Discover how data visualization can communicate insights far more effectively than text or tables. In this course, you’ll learn how to build data visualizations programmatically using Python, and how you can use visualization to both discover and convey trends in your data...
13. Experimental Design & Recommendations
Learn two of the most in-demand skills in the entire field of data science! By the end of this course, you’ll know how to generate personalized recommendations based on user data, as well as run statistically valid tests that produce clean, interpretable results...
14. Procurement & Supply Planning tools and techniques.
Learn how to Make purchasing strategies ,MRP, forecast, inventory policies and techniques to minimize supply costs...
15. SAP MM Materials Management (beginner to expert level)
Master SAP Materials Management module with practical implementation steps. Prepare and crack SAP MM Certification exam...
16. Construction Procurement Management
A course on procurement designed for engineers new to the infrastructure/construction industry...
17. The Data Analyst Course: Complete Data Analyst Bootcamp
Complete Data Analyst Training: Python, Num Py, Pandas, Data Collection, Preprocessing, Data Types, Data Visualization...
18. SAP MM Purchasing (Procurement) Process
Business Process Explanation along with SAP Configuration and Testing of Purchasing Processes...
19. Financial Statement Analysis
Learn how to make understanding financial statements your superpower!...
20. RISK MANAGEMENT for Supply Chain and Procurement specialists
Tools and methods used by the world class procurement companies and supply chain managers (with the updates 2022)...