Inventory Management Degree and Certification Programs
Read about associate's degree programs for aspiring inventory management professionals here. Learn what it takes to qualify for admission, and explore various topics of study. Also, check out some salary statistics for inventory managers.
An inventory manager works to maintain accurate information regarding the production of supplies and finished goods stored within businesses and warehouses. They are responsible for keeping track of all goods that enter or exit a manufacturing or retail area. Although inventory management skills are often learned on the job, some choose to enroll in an Associate of Science in Logistics and Supply Chain Management program to learn more about the field.
These degree programs might feature inventory management courses and may provide aspiring inventory management professionals with the technical and management skills required to work in such positions. Students could learn about the technical aspects of accurate record keeping, industry regulations and business communication. Certifications are awarded to candidates who have measurable experience and knowledge, and who pass competency examinations.
Associate's degree programs with training segments related to inventory management are most typically offered through 2-year community colleges or some vocational schools. Such institutions generally require incoming students to hold high school diplomas or GEDs.
This program of study is designed to provide students with the training and skills necessary to oversee the shipping, warehousing, transportation and other manufacturing-related departments of a particular business. Such programs often include courses related to inventory management that teach students how to control and maintain inventory in a variety of environments.
Degree programs in logistics and supply chain management combine classroom lectures on management and business principles with hands-on demonstrations in warehouse management procedures. Some examples of courses might include:
- Inventory control
- Inventory management
- Warehouse management
- Traffic management
- Supply chain management
- Supervision and leadership
- Computerized logistics
Payscale.com reports that inventory managers with 1-4 years of experience earn $30,241-$68,268 per year, according to their November 2013 data. It also mentions that salary can vary significantly by metropolitan area, with the higher end of the salary ranges in New York City and Houston being significantly more than those in Portland and Tulsa, for example.
Certification and Continuing Education
The Association for Operations Management offers certification for inventory managers in the form of the Certified in Production and Inventory Management (CPIM) credential. Individuals must complete examinations proving their competency in inventory management, scheduling and operations before they can earn the certification. Inventory managers who are looking to advance into positions of production managers, supply chain managers or logistics managers might consider enrolling in a bachelor's degree program in operations management or logistics.
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