Top Certifications in Supply Chain Management
The supply chain sector is dynamic, and professionals in it must continually update their knowledge to stay abreast of changing global regulations, emerging technology, and industry best practices. Obtaining pertinent credentials can not only increase your earning potential but also broaden your area of expertise. These are a few of the most popular supply chain certifications, along with the typical pay boost that results from earning them.
9/9/20242 min read
Top Certifications in Supply Chain Management
The supply chain sector is dynamic, and professionals in it must continually update their knowledge to stay abreast of changing global regulations, emerging technology, and industry best practices. Obtaining pertinent credentials can not only increase your earning potential but also broaden your area of expertise. These are a few of the most popular supply chain certifications, along with the typical pay boost that results from earning them. Here are the few certifications which we consider worthy to excel as a supply chain professional.
1. MicroMasters Program in Supply Chain Management
Organization: MIT
Features: When you complete this certification you become a part of MIT global network and you can apply for masters after completing this at MIT. You get some credit hours waived off when you do masters from MIT or universities associated with MIT around the globe. For more details you can visit https://micromasters.mit.edu/scm/
Cost: $1524- $1650
2. The CSCP, or Certified Supply Chain Professional
APICS (Association for Supply Chain Management) is the issuing organization.
Overview: The end-to-end supply chain activities, such as global supply chain management, supplier and customer relations, and supply chains supported by IT, are the main areas of focus for the CSCP certification.
Average income Increase: Depending on their function and location, professionals with the CSCP certification often enjoy income increases of between 12 and 18%.
The people who ought to pursue it are supply chain experts who wish to broaden their understanding of the supply chain from procurement to delivery.
3. Chartered Institute of Procurement & Supply (CIPS) Certification
Issuing Body: CIPS, a UK-based organization
Overview: The CIPS certification emphasizes supply management, procurement, and strategic sourcing and is widely recognized worldwide.
Average Salary rise: Depending on the level of certification, individuals with CIPS certifications can anticipate a salary rise of between 15% and 20%.
Professionals with an interest in international procurement and strategic sourcing should pursue it.
Conclusion: Why Certifications Matter
Obtaining certificates in supply chain management enhances your expertise in particular fields and increases your employability. You can bargain for better positions and greater pay if you have the appropriate certifications. It is a great investment in your career because, depending on the qualification, you can anticipate a pay boost of between 8 and 25 percent.
Getting certified in the correct industry can have a big impact on your career path, whether you're just starting out or hoping to advance. When choosing a certification program, take into account your current function, your long-term objectives, and your areas of improvement.