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CPIM Certified in Planning and Inventory Management Certification
CPIM
Successful supply chains ar
CPIM
Maintain your progress towards certification with support and an organized learning process.
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Course Overview
This CPIM Certified in Planning and Inventory Management course is designed to equip professionals with essential skills in effectively managing and optimizing planning and inventory processes within organizations. Through a comprehensive curriculum, participants will delve into core concepts such as demand management, master scheduling, material requirements planning, capacity planning, and inventory control.
The course provides a deep understanding of the principles and practices essential for successful planning and inventory management, enabling participants to make informed decisions that drive efficiency and profitability. Practical insights into inventory optimization techniques, lean principles, and supply chain integration will be emphasized, preparing candidates to address real-world challenges in diverse industries.
Participants will learn to leverage advanced planning tools and technologies to enhance forecasting accuracy, minimize stockouts, reduce carrying costs, and improve overall supply chain performance. Additionally, the course covers key metrics and performance indicators for measuring and evaluating inventory management effectiveness.
Upon completion of the CPIM course, candidates will possess the knowledge and skills required to streamline operations, mitigate risks, and enhance competitiveness in todays dynamic business environment. This certification serves as a testament to their expertise in planning and inventory management, opening doors to career advancement opportunities in various sectors.
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Course Objectives
The learning outcomes for the Certified in Planning and Inventory Management (CPIM) course cover but are not limited to the following:
- Analyze the relationship between company objectives and supply chain strategies.
- Organise and control demand through effective operational and sales planning.
- Evaluate the equilibrium between supply and demand and the principles of supply management.
- Create and manage detailed schedules and inventory levels to improve production and delivery processes.
- Utilise technology, continuous improvement methodologies, and quality management strategies for optimal inventory and production management performance.
- Acquire knowledge about managing procedures, monitoring performance, and completing tasks.
- Understand how to implement and manage tasks that support and uphold company strategy.
- Apply critical thinking to find best practices and make knowledgeable inventory and production control choices.
Audience
This extraordinarily hands-on and engaging course has been created especially for
- Supply chain managers
- Coordinators of purchases
- Specialists in inventory management
- Production planners
- Providers of supply chain analysis
- Anyone wishing to understand inventory management and production planning processes better.
Eligibility Criteria
Before studying and understanding advanced topics, learners enrolled in the Certified in Planning and Inventory Management (CPIM) course must have a strong foundation. The requirements aim to improve learning for a wide range of learners. To do so, before joining, participants must fulfill the following prerequisites.
- A basic understanding of supply chain principles and operations management
- Knowledge of core concepts in business, such as objectives and organizational frameworks
- Some experience with production and inventory-related planning, procurement, manufacturing, logistics, and warehousing duties
- The ability to understand and assess data by having a solid foundation in basic mathematical concepts like algebra and statistics
- Proficiency in English, given that the examination and course materials are written in the language
Course Outline
Module 1: Supply Chains and Strategy
- Strategy, the Environment, and Supply Chains
- Strategic Scope and Objectives
- Organisational Strategy Development and Management
- Operational and Functional Strategies
- Types, Environments, and Layouts
- KPIs and Performance Monitoring
- Handling Risk
- Sustainability Strategies
- Capital Equipment and Facilities
Module 2: Planning for Sales and Operations
- S&OP Objective and Procedure
- Plans for Total Demand and Supply
- Accounting for S&OP Plans
Module 3: Demand
- Demand Management
- Demand and Forecasting Sources
- Anticipated Results
Module 4: Supply
- Developing the Master Schedule and Verifying It
- Making Use of and Preserving the Master Schedule
- Planning for Material Requirements
- CRP and Time Management
- Purchasing and Suppliers
- Modifications and Product Life Cycle Administration
Module 5: Detailed Schedules
- Organizing Detailed Timetables
- PAC Techniques and Scheduling
- Creating Production and Service Schedules
- Managing Detailed Schedules and Scheduling Materials
Module 6: Inventory
- Planning Inventory
- Costs, Value, and Metrics of Inventory and Products
- Inventory Management by Items
- Inventory Management
Module 7: Distribution
- Distribution of Planning
- Order management and replenishment
- Reverse logistics and waste hierarchy
Module 8: Technology, Quality, and Continuous Improvement
- Quality
- Technology
- Continuous Improvement
About The Examination
You have 3.5 hours to complete the 150 questions in the certification exam (130 operational and 20 pretest questions). Randomly selected items that are crucial for statistical analysis but do not count towards the final score are included in the pretest. Examinees are required to answer each question. Every exam has a point range of 200–350. A passing score is 300 points or more, whereas a failing grade is 299 points or less. Exams are graded using a scaled scoring system. This method ensures that passing requirements are the same for all exams, regardless of their challenges. By attesting to an individual's manufacturing competence and, implicitly, the manufacturing expertise of an organization, a CPIM certification fosters trust and confidence. This recognition significantly impacts manufacturing organizations, sometimes leading to higher responsibility and leadership positions.
Choose Your Preferred Mode
Online Training
- A customized study plan that prioritizes the content based on your knowledge gaps, enabling you to focus your study time and ace the test.
- A progress tracker that shows your advancement during the process.
- A mobile-first approach that offers classes via any computer, tablet, or mobile device around the clock achieves convenience.
- Microlearning lets you focus on small parts of knowledge and optimize your time and comprehension.
Corporate Training
- Establish relationships, share experiences, and have discussions with different operations experts.
- Help you organize group or instructor-led online or self-study courses at your location.
- Complementary educational resources such as films, tests, and flashcards facilitate the relatability of complex subjects.
- Tracking progress and maximizing your training expenditure is possible via online group reporting and structured learning.
FAQ’s
What is CPIM certification, and why is it important?
CPIM stands for Certified in Planning and Inventory Management. It is a globally recognized certification offered by APICS (Association for Supply Chain Management) that validates professionals' expertise in planning and inventory management. This certification is important as it demonstrates a candidate's proficiency in essential skills required for effective supply chain management roles.
Who should pursue CPIM certification?
CPIM certification is suitable for individuals involved in planning, purchasing, production, and inventory management roles within organizations. It is ideal for supply chain professionals looking to enhance their knowledge and skills in managing inventory and planning processes.
What are the benefits of becoming CPIM certified?
CPIM certification demonstrates your commitment to professional growth and enhances your credibility in the field of supply chain management. It can lead to career advancement opportunities, higher earning potential, and increased job prospects in various industries.
How do I prepare for the CPIM exam?
Preparation for the CPIM exam involves studying the exam content outline provided by APICS, utilizing study materials such as textbooks and online courses, and practicing with sample questions and practice exams. Additionally, participating in study groups or review sessions can be beneficial.
How many exams are required for CPIM certification, and what are they?
CPIM certification consists of two exams: Part 1 and Part 2. Part 1 focuses on the basics of supply chain management and includes topics such as demand management, procurement, and manufacturing. Part 2 delves deeper into planning and inventory management concepts.
What is the passing score for the CPIM exams?
The passing score for each CPIM exam is determined by APICS and may vary slightly from one exam administration to another. Candidates are notified of their exam results immediately upon completion of the exam.
How long does CPIM certification last?
CPIM certification is valid for five years. To maintain certification, certified professionals must participate in continuing education activities and pay a maintenance fee to APICS every five years.
Can I take the CPIM exams online?
Yes, APICS offers both in-person and online proctored exam options for CPIM exams. Online proctored exams provide flexibility for candidates to take the exam from the comfort of their own space while maintaining exam integrity.
Is work experience required to become CPIM certified?
While work experience is not a strict requirement to become CPIM certified, having practical experience in supply chain management can enhance understanding and application of the concepts covered in the certification exams.
Why choose Vinsys for this course?
Vinsys, a reputable training provider, offers the CPIM course with expert instructors and comprehensive study materials. With a track record of delivering high-quality training programs, Vinsys ensures candidates receive the necessary knowledge and skills to excel in planning and inventory management. Their flexible learning options, personalized support, and exam preparation assistance make them a top choice for professionals seeking CPIM certification.
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