APICS Production and Inventory Management - Part 1 (CPIM)

Certified in Planning and Inventory Management (CPIM 7.0)

Resilience and agility are what make supply chains thrive in today’s rapidly changing world. Becoming CPIM certified shows employers that you know how to effectively manage disruptions, demand variations and supply chain risk.

Why Seek the CPIM Designation?

The pandemic caused a major shift in consumer demand and put a spotlight on supply chain vulnerabilities. Planning is now more important than ever, and the new Certified in Planning and Inventory Management (CPIM) 7.0 reflects that.

With a CPIM certification, you will develop the competencies they need to successfully work across all functions of the supply chain. In addition, you'll have the knowledge to better respond to supply disruptions, demand variations, and manage supply chain risk.

CPIM Certification, by Industry

APICS CPIMs work across a broad range of professions including:

◉ Manufacturing

◉ Consulting

◉ Education

◉ Government

◉ Services

◉ Defense

◉ Healthcare

◉ Distribution

◉ Pharmaceutical

APICS Production and Inventory Management - Part 1 (CPIM)

APICS CPIM Part 1 Exam Summary:

Exam Name	APICS Production and Inventory Management - Part 1
Exam Code	CPIM Part 1
PLUS member Exam Fee	USD $495
CORE member/nonmember Exam Fee	USD $690
Retake Exam Fee	USD $250
Exam Duration	210 Minutes
Number of Questions	150
Passing Score	300 / 350
Format	Multiple Choice Questions
Sample Questions	APICS CPIM 7.0 P1 Exam Sample Questions and Answers
Practice Exam	APICS Certified in Production and Inventory Management (CPIM Part 1) Practice Test

APICS Production and Inventory Management - Part 1 Syllabus Topics:

Topic	Details	Weights
Supply Chain Overview	- A supply chain is a global network used to deliver products and services, from raw materials to finished goods, to end consumers through a flow of information, physical distribution, and cash. A supply chain consists of retailers, distributors, warehouses, and suppliers participating in the production, delivery, and sale of a product or service to the consumer. - The supply chain satisfies the market strategy through a variety of business functions. Critical factors include product volume and variety, customer service level, lead times, customization, product life cycle, costs, and strategy. A. Operational Objectives to Meet Competitive Priorities B. Marketing Strategies C. Fundamentals of Sales and Operations Planning (S&OP) D. Manufacturing Strategies E. Manufacturing Processes and Layouts F. Product Costs G. Key Performance Indicators (KPIs) and Metrics H. Sustainable and Socially Responsible Supply Chains	17%
Fundamentals of Demand Management	- Demand management is the function of recognizing and managing all demands for products or services. Demand management includes several major activities, all of which are primarily market driven and include identifying all product and service demand in the defined markets. Demand management includes forecasting but also involves possible segmenting of markets, classifying customers, and identifying demand. A. Determine Customer Needs, Specifications, and Features and Create a Product Roadmap B. Product Management - The impact on product management of the operating environment depends on customer expectations, cumulative lead times, inventory, sustainability, product design, and product life cycles. C. Review Demand Types and Sources D. Forecast Demand	10%
Plan Supply	- Master scheduling process creates a master production schedule (MPS) based on input from the sales and operation plan, the external environment, and the internal environment. A. Create master production schedule (MPS) B. Determine rough-cut capacity requirements C. Create material requirements plan D. Perform capacity requirements planning (CRP) E. Create final assembly schedule (FAS) F. Closing the loop	10%
Execute Supply Plan	A. Buy - Sourcing is the process of identifying a company that provides a needed good or service. These decisions normally are based on supplier cost and capability by comparison to producing the product in-house. These decisions include supplier selection, certification, agreements, and partnerships, including vendor-managed inventory (VMI). Total acquisition costs must be considered. B. Make - This activity is the function of routing and dispatching the work to be accomplished through the production facility.	24%
Inventory Management	- Those stocks or items used to support production (raw materials and work in process (WIP) items), supporting activities (maintenance, repair, and operating supplies), customer service (finished goods and spare parts), and specialized inventory. A. Plan inventory investment and days of supply B. Determine safety stock C. Determine item segmentation (for example, ABC classification) D. Determine order quantity and item replenishment method E. Track in-transit inventory and monitor inventory location and quantities F. Track inventory throughout the supply chain G. Maintenance, repair, and operating (MRO) inventories H. Manage returns, reworks, reclamation, recycle, reuse, remanufacture, and product disposition I. Manage inventory accuracy audit program J. Monitor inventory turns K. Address inventory loss L. Inventory loss strategies M. Plan and manage distribution inventory	30%
Continuous Improvement /Quality Management and Technologies	A. Continuous Improvement B. Information, Process, and Emerging Technology	9%