APICS CPIM Part 1 Certification Exam Syllabus

CPIM Part 1 dumps PDF, APICS CPIM Part 1 Braindumps, free CPIM 7.0 P1 dumps, Planning and Inventory Management - Part 1 dumps free downloadTo achieve the professional designation of APICS Planning and Inventory Management - Part 1 from the APICS, candidates must clear the CPIM Part 1 Exam with the minimum cut-off score. For those who wish to pass the APICS Planning and Inventory Management - Part 1 certification exam with good percentage, please take a look at the following reference document detailing what should be included in APICS CPIM 7.0 P1 Exam preparation.

The APICS CPIM Part 1 Exam Summary, Body of Knowledge (BOK), Sample Question Bank and Practice Exam provide the basis for the real APICS Certified in Planning and Inventory Management (CPIM Part 1) exam. We have designed these resources to help you get ready to take APICS Planning and Inventory Management - Part 1 (CPIM Part 1) exam. If you have made the decision to become a certified professional, we suggest you take authorized training and prepare with our online premium APICS Planning and Inventory Management - Part 1 Practice Exam to achieve the best result.

APICS CPIM Part 1 Exam Summary:

Exam Name APICS Planning and Inventory Management - Part 1
Exam Code CPIM Part 1
PLUS member Exam Fee USD $545
CORE member/nonmember Exam Fee USD $760
Retake Exam Fees for Member with Certification USD $385
Retake Fees Members and Nonmembers USD $470
Exam Duration 210 Minutes
Number of Questions 150
Passing Score 300 / 350
Format Multiple Choice Questions
Schedule Exam Pearson VUE
Sample Questions APICS CPIM 7.0 P1 Exam Sample Questions and Answers
Practice Exam APICS Certified in Planning and Inventory Management (CPIM Part 1) Practice Test

APICS Planning 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

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

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

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.

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

Continuous Improvement /Quality Management and Technologies A. Continuous Improvement
B. Information, Process, and Emerging Technology

Both APICS and veterans who’ve earned multiple certifications maintain that the best preparation for a APICS CPIM Part 1 professional certification exam is practical experience, hands-on training and practice exam. This is the most effective way to gain in-depth understanding of APICS CPIM 7.0 P1 concepts. When you understand techniques, it helps you retain APICS Planning and Inventory Management - Part 1 knowledge and recall that when needed.

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