CPIM – Certified in Planning and Inventory Management – 2024

CPIM – Certified in Planning and Inventory Management

CPIM program to assist you in your career development and continuing education in supply chain management. For almost 50 years, the CPIM program has been recognized as the international standard for individual assessment in the field of supply chain management as it relates to the transformation of products and services. However, CPIM is an ever-evolving body of knowledge. While many of the topics remain the same, there are several new topics that have come into the body of knowledge in recent years including some planning methods for differing products and services. Although there is no single “one-sizefits-all” planning method for all products and services, we believe that the CPIM program’s comprehensive content and expansive body of knowledge will help you discover the best approaches for each unique environment.

I. Align the Supply Chain to Support the Business Strategy 15%

This section includes principles and techniques to understand the business environment in which an organization operates, to align business and functional strategies, and to make decisions to support competitive advantage in the short and long term. This involves choices about resources, processes, technologies, and facility layouts, including their inherent trade-offs and how these choices may change in support of different product/service life cycle stages. Supporting the long-term sustainability of the organization and adjustment to changing conditions requires monitoring key performance indicators (KPIs) and managing risk.

II. Conduct Sales and Operations Planning (S&OP) to Support Strategy 9%

This section includes the principles and techniques used to facilitate communication and decision-making among various parts of an organization to support business strategies. This includes the evaluation of supply and demand at an aggregate level and reconciliation of product/service portfolios, demand, supply, and financial plans while considering the trade-offs of available choices.

III. Plan and Manage Demand 9%

This section includes the principles and techniques used to understand the markets in which an organization chooses to operate, the customer needs and expectations within those markets, and how those needs and expectations align with the organization’s resources and business strategies. This involves understanding various sources of demand, generating forecasts using appropriate tools, and systematically monitoring and adjusting to actual demand performance versus expectations.

IV. Plan and Manage Supply 16%

This section includes the principles and techniques used to create, manage, and maintain a master schedule of independent items and the capacity plan required to implement the schedule. These plans are used to create, manage, and maintain the material requirements plan for dependent make and buy items, as well as the final assembly schedule (FAS) to support customer demand. Items that are purchased require the development of external supply sources that may represent a range of supplier relationships and oversight methods. An important part of managing supply is the consideration of trade-offs, material costs, and risk to ensure continuity of supply and support competitive priorities and supply chain strategy. Choices and decisions may vary across a product’s or service’s life cycle.

V. Plan and Manage Inventory 19%

This section includes the principles and techniques needed to manage inventory in support of the organization’s resource availability, business and functional strategies, and tactical planning. Decisions regarding types, volumes, replenishment methods, and material handling impact inventory investments and availability. Inherent in inventory management is the consideration of trade-offs between service and cost. Included here is the storage and tracking of inventory, as well as processes to manage inventory returns for proper disposition.

VI. Plan, Manage, and Execute Detailed Schedules 16%

This section includes the principles and techniques used to implement the material and capacity plans. This involves understanding and managing workflow in consideration of specific capacity and inventory resources to facilitate the timing and routing through processes, including the adjustment of schedules, queues, and work prioritization to meet demand and service and inventory goals.

VII. Plan and Manage Distribution 5%

This section includes the principles and techniques used to design a distribution network considering the various investment, cost and service trade-offs, and competitive priorities. This section also includes the creation of distribution plans to support strategic goals, service of customer orders, and both outbound and inbound material flows.

VIII. Manage Quality, Continuous Improvement, and Technology 11%

This section includes the principles and techniques used to evaluate products, services, and processes and improve their efficiency, effectiveness, and productivity through the use of a variety of tools that support organizational goals and market expectations. This section also includes the use of appropriate technology tools and the consideration of emerging technologies that support the supply chain processes.

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Frequently Asked Questions

How long do I have access to the course materials?

You can view and review the lecture materials indefinitely, like an on-demand channel.

Can I take my courses with me wherever I go?

Definitely! If you have an internet connection, courses on Udemy are available on any device at any time. If you don’t have an internet connection, some instructors also let their students download course lectures. That’s up to the instructor though, so make sure you get on their good side!