--- title: Inventory Management Body of Knowledge (IMBoK) v2.0 description: IMBoK v2.0 offers the world’s most comprehensive and industry reviewed inventory management and optimisation framework for SCM professionals. image: https://blog.fhyzics.net/hubfs/warehouse-inventory.jpg --- ![Fhyzicslogoimage-2](https://blog.fhyzics.net/hs-fs/hubfs/Fhyzicslogoimage-2.png?width=70&name=Fhyzicslogoimage-2.png "Fhyzicslogoimage-2") ![Fhyzicslogoimage-2](https://blog.fhyzics.net/hs-fs/hubfs/Fhyzicslogoimage-2.png?width=70&name=Fhyzicslogoimage-2.png "Fhyzicslogoimage-2") [![Get Certified](https://no-cache.hubspot.com/cta/default/3112120/229464f9-28c1-465b-b116-8eab0815034e.png)](https://cta-redirect.hubspot.com/cta/redirect/3112120/229464f9-28c1-465b-b116-8eab0815034e) ![hero-img1](https://cdn2.hubspot.net/hub/5152923/hubfs/Creative_Theme/image/hero-img1.jpg?width=1810&name=hero-img1.jpg "hero-img1") - [**](https://www.facebook.com/sharer/sharer.php?u=https://blog.fhyzics.net/iiscm/inventory-management-body-of-knowledge-imbok&title=Inventory%20Management%20Body%20of%20Knowledge%20(IMBoK)%20v2.0&description=IMBoK%20v2.0%20offers%20the%20world’s%20most%20comprehensive%20and%20industry%20reviewed%20inventory%20management%20and%20optimisation%20framework%20for%20SCM%20professionals.) - [**](https://twitter.com/intent/tweet?source=https://blog.fhyzics.net/iiscm/inventory-management-body-of-knowledge-imbok&text=Inventory%20Management%20Body%20of%20Knowledge%20(IMBoK)%20v2.0%20-%20https://blog.fhyzics.net/iiscm/inventory-management-body-of-knowledge-imbok) - [**](http://www.linkedin.com/shareArticle?mini=true&url=https://blog.fhyzics.net/iiscm/inventory-management-body-of-knowledge-imbok&title=Inventory%20Management%20Body%20of%20Knowledge%20(IMBoK)%20v2.0&summary=IMBoK%20v2.0%20offers%20the%20world’s%20most%20comprehensive%20and%20industry%20reviewed%20inventory%20management%20and%20optimisation%20framework%20for%20SCM%20professionals.) 18 May 2020 Monday ## Inventory Management Body of Knowledge (IMBoK) v2.0 By [IISCM](https://blog.fhyzics.net/iiscm/author/iiscm) In: [Inventory](https://blog.fhyzics.net/iiscm/tag/inventory) **6** Comments The objective of CIOP certification program is to equip the supply chain professionals on all matters pertaining to inventory. They not only master the inventory management concepts but also become proficient in tools and techniques to optimize inventory. Inventory Management Body of Knowledge (IMBoK) forms the foundation of CIOP certification. IMBoK v2.0 is the outcome of IISCM’s research team and inputs gathered from supply chain professionals from industry and academia. Companies across the globe rely on CIOP trained and certified professionals to instil inventory best practices in people, processes, and systems. CIOPs act as a custodian of Enterprise Inventory Policy and significantly improve customer satisfaction, minimize production disruptions, and maximise profitability of organisations. **CIOP Estimate in INR **[![Download Now](https://no-cache.hubspot.com/cta/default/3112120/d90a311f-008a-41fc-9c06-182b884b7e5a.png)](https://cta-redirect.hubspot.com/cta/redirect/3112120/d90a311f-008a-41fc-9c06-182b884b7e5a) **CIOP Estimate in USD **[![Download Now](https://no-cache.hubspot.com/cta/default/3112120/6b0592a3-605f-4852-b551-271eb79ca733.png)](https://cta-redirect.hubspot.com/cta/redirect/3112120/6b0592a3-605f-4852-b551-271eb79ca733) > Syllabus for Certified Inventory Optimization Professional (CIOP) Examination. # **Important Links for Certified Inventory Optimisation Professional ** **Certified Inventory Optimisation Professional (CIOP) Overview**: The process of attaining Certified Inventory Optimisation Professional credential involves five steps. 1. Enrol for the CIOP certification 2. Attend the CIOP training sessions 3. Prepare using Learning Management System and reference books 4. Schedule your examination 5. Take CIOP online, proctored examination 6. Get CIOP certified [![Read More](https://no-cache.hubspot.com/cta/default/3112120/e1fe6f39-b40c-4da7-9703-05712d01611f.png)](https://cta-redirect.hubspot.com/cta/redirect/3112120/e1fe6f39-b40c-4da7-9703-05712d01611f) **CIOP Learning Management System: ** CIOP LMS and Training are complementary to each other. The focus of LMS is to teach the CIOP aspirants about the inventory concepts to gain the knowledge framework and the purpose of training is to enable the aspirants to apply that knowledge in a real-life scenario. The lessons in LMS are organised with reference to the topics of IMBoK v2.0. The lessons are presented as reading materials, audios, videos, worksheets, quizzes, and reference articles. LMS also contains three mock CIOP examinations for the practices of CIOP aspirants. [![Read More](https://no-cache.hubspot.com/cta/default/3112120/c46cc55a-9af6-4e72-a696-ba65f7e1712d.png)](https://cta-redirect.hubspot.com/cta/redirect/3112120/c46cc55a-9af6-4e72-a696-ba65f7e1712d) **CIOP Training** CIOP trainings are offered in classroom and online formats across the globe by IISCM’s Registered Training Providers. The purpose of the training is to equip the CIOP aspirants to apply the IMBoK in real life scenarios to solve inventory management problems in their organisation. [![Read More](https://no-cache.hubspot.com/cta/default/3112120/0184c999-0a96-4bb9-a4c8-2ef17fdb23b6.png)](https://cta-redirect.hubspot.com/cta/redirect/3112120/0184c999-0a96-4bb9-a4c8-2ef17fdb23b6) **CIOP Training and Examination Syllabus** CIOP Learning Management System, Training and Examination are all based on IMBoK v2.0. IMBoK contains 13 modules and you are currently reviewing this page. You can find the detailed syllabus in the below sections. **CIOP Examination** CIOP is a three-hours, online proctored examination. You need to answer 120 scenario-based questions in 180 minutes. The questions are at three levels – Knowledge, Application and Consulting. [![Read More](https://no-cache.hubspot.com/cta/default/3112120/c04e92f6-2d79-45ac-8eeb-a33e0a108675.png)](https://cta-redirect.hubspot.com/cta/redirect/3112120/c04e92f6-2d79-45ac-8eeb-a33e0a108675) **CIOP Proctored Exam Instructions** One you are fully prepared, you can appear for the CIOP online, proctored examination. [![Read More](https://no-cache.hubspot.com/cta/default/3112120/e81bfc4f-8424-4a47-beeb-7c4415202390.png)](https://cta-redirect.hubspot.com/cta/redirect/3112120/e81bfc4f-8424-4a47-beeb-7c4415202390) **CIOP Frequently Asked Questions (FAQs)** Here is a list of frequently asked questions for your review. [![Read More](https://no-cache.hubspot.com/cta/default/3112120/478cf281-2b14-4ce8-959c-24cdd59d8d84.png)](https://cta-redirect.hubspot.com/cta/redirect/3112120/478cf281-2b14-4ce8-959c-24cdd59d8d84) **Become a CIOP Registered Training Provider (RTP)** One need to be certified as CIOP or any other global certifications related to inventory, and supply chain management can become a RTP. [![Read More](https://no-cache.hubspot.com/cta/default/3112120/5eb655c4-adb4-4df1-8218-49940e92ad53.png)](https://cta-redirect.hubspot.com/cta/redirect/3112120/5eb655c4-adb4-4df1-8218-49940e92ad53) **Module-1: Introduction to Materials Management [7 Questions]** IM101 Introduction IM102 Operating Environment IM103 The Supply Chain Concept IM104 What is Materials Management IM105 Case Study 1.1 : Fran's Flowers **Sample Scenario Question for Module-1** [![Read More](https://no-cache.hubspot.com/cta/default/3112120/0689793d-b0a6-4a72-af6b-ac3ea3218247.png)](https://cta-redirect.hubspot.com/cta/redirect/3112120/0689793d-b0a6-4a72-af6b-ac3ea3218247) > Contributions from 200+ Supply Chain Heads, Directors and Managers from diverse industries. **Module-2: Production Planning System  [7 Questions]** IM201  Introduction IM202 Manufacturing Planning and Control System IM203 Sales and Operations Planning IM204 Manufacturing Resource Planning IM205 Enterprise Resource Planning IM206 Making the Production Plan IM207 Case Study 2.1: Meridian Water Pumps IM208 Case Study 2.2 : Williams 3D Printers **Sample Scenario Question for Module-2** [![Read More](https://no-cache.hubspot.com/cta/default/3112120/f750881b-01ad-4f5a-b073-ed4212a3b503.png)](https://cta-redirect.hubspot.com/cta/redirect/3112120/f750881b-01ad-4f5a-b073-ed4212a3b503) > Comprehensive Body of Knowledge on all matters pertaining to inventory management. **Module-3: **Master Scheduling** [9 Questions]** IM301 Introduction IM302 Relationship to Production Plan IM303 Developing a Master Production Schedule IM304 Production Planning IM305 Master Scheduling and Sales IM306 Case Study 3.1 : Acme Water Pumps IM307 Case Study 3.2 : The MasterChip Electronics Company IM308 Case Study 3.3: Macarry's Bicycle Company **Sample Scenario Question for Module-3** [![Read More](https://no-cache.hubspot.com/cta/default/3112120/7636c66e-aa11-4337-ab1a-0ce364582cdf.png)](https://cta-redirect.hubspot.com/cta/redirect/3112120/7636c66e-aa11-4337-ab1a-0ce364582cdf) > Today’s Supply Chains are driven by technology, hence SAP MM, IBM SPSS Statistics, Microsoft Visio and Tableau are included. **Module-4: Material Requirements Planning  [12 Questions] **IM401 Introduction IM402 Bills of Material  IM403 Material Requirements Planning Process IM404 Using the Material Requirements Plan IM405 Case Study 4.1 : Apix Ploybob Company IM406 Case Study 4.2 : Benzie Products Company > The preparation of IMBoK contents is supported by a state-of-the-art Learning Management System. **Module-5: Capacity Management  [12 Questions] **IM501 Introduction IM502 Definition of Capacity M503 Capacity Planning IM504 Capacity Requirements Planning IM505 Capacity Available IM506 Capacity Required (Load) IM507 Scheduling Orders IM508 Making the Plan IM509 Case Study 5.1 : Wescott Products** ** > The number of questions that appears in CIOP examination from each module is indicated in brackets next to the module name. **Module-6: **Production Activity Control **[12 Questions] **IM601 Introduction IM602 Data Requirements IM603 Scheduling IM604 Load Leveling IM605 Scheduling in Non manufacturing Setting IM606  Scheduling Bottlenecks IM607  Theory of Constraints and Drum-Buffer-Rope IM608  Implementation   IM609 Control IM610 Production Reporting IM611 Product Tracking IM612 Measurement Systems IM613 Case Study 6.1 Johnston Products IM614 Case Study 6.2 Crofts Printing Company IM615 Case Study 6.3 Melrose Products > IMBoK is the collection of global best practices that can be readily applied in your organisation. **Module-7: Purchasing  [12 Questions] **IM701 Introduction  IM702 Establishing Specifications IM703 Functional Specification Description IM704 Selecting Suppliers IM705 Price Determination IM706 Impact of Material Requirements Planning on Purchasing IM707 Environmentally Responsible Purchasing IM708 Expansion of Purchasing into Supply Chain Management IM709 Some Organizational Implications of Supply Chain Management IM710 Case Study 6.1 Johnston Products IM711 Case Study 7.1 : Let's Party! IM712 Case Study 7.2 : The Connery Company  > 25+ Supply Chain Analysis techniques are part of IMBoK to enable the reader to make data-driven decisions. **Module-8: **Forecasting and Demand Management**[6 Questions] **IM801 Introduction IM802 Demand Management IM803 Demand Forecasting IM804 Characteristics of Demand IM805 Principles of Forecasting IM806 Collection and Preparation of Data IM807 Forecasting Techniques IM808 Some Important Intrinsic Techniques IM809 Seasonality IM810 Tracking the Forecast IM811 Case Study 8.1 : Northcutt Bikes: The forecassting Problem IM812 Case Study 8.2 : Hatcher Gear Company > All 120 questions of CIOP examination are scenario based multiple-choice questions. **Module-9: **Inventory Fundamentals** [9 Questions] **IM901 Introduction IM902 Aggregate Inventory Management IM903 Item Inventory Management IM904 Inventory and the flow of Material IM905 Supply and Demand Patterns IM906 Functions of Inventories IM907 Objectives of Inventory Management IM908 Inventory Costs IM909 Financial Statements and Inventory IM910 ABC Inventory Control IM911 Case Study 9.1 Randy Smith IM912 Inventory Control Manager > There is a very thin line between enough and excess inventory, IMBoK will help you draw that line. **Module-10: **Order Quantities** [6 Questions] **IM1001 Introduction IM1002 Economic Order Quantity IM1003 Variations of the EOQ Model IM1004 Quantity Discounts IM1005 Order Quantities for Families of Product When Costs are Not Known IM1006 Period Order Quantity **Sample Scenario Question for Module-10** [![Read More](https://no-cache.hubspot.com/cta/default/3112120/9fe37520-12eb-4e92-91b2-0aaffae89f28.png)](https://cta-redirect.hubspot.com/cta/redirect/3112120/9fe37520-12eb-4e92-91b2-0aaffae89f28) > IMBoK lays the foundation for data driven decisions in inventory management. **Module-11:** Independent Demand Ordering Systems** [6 Questions] **IM1101 Introduction IM1102 Order Point System IM1103 Determining Safety Stock IM1104 Determining Service Levels IM1105 Different Forecast and Lead-Time Intervals IM1106 Determining When the Order Point is Reached IM1107 Periodic Review System IM1108 Distribution Inventory IM1109 Case Study 11.1 : Carl's Computers **Sample Scenario Question for Module-11** [![Read More](https://no-cache.hubspot.com/cta/default/3112120/88fc6d2e-7f73-474b-abc3-199dc14cb90d.png)](https://cta-redirect.hubspot.com/cta/redirect/3112120/88fc6d2e-7f73-474b-abc3-199dc14cb90d) > Learning inventory best practices from other industries will help you to offer creative solutions in your domain. **Module-12: **Physical Inventory and Warehouse Management** [15 Questions]** IM1201 Introduction IM1202 Warehouse Management IM1203 Physical Distribution IM1204 Physical Distribution Interfaces IM1205 Packaging IM1206 Material Handing IM1207 Physical Control and Security IM1208 Inventory Record Accuracy IM1209 Consignment Inventory and Vendor-Managed Inventory IM1210 Case Study 12.1 : CostMart Warehouse   > IMBoK lays the foundation for data driven decisions in inventory management. **Module-13: **Introduction to Quality** [10 Questions] **IM1301 Introduction IM1302 Why Quality IM1303 Manufacturing Versus Service Quality IM1304 Quality Terminology IM1305 History of Quality IM1306 Quality Costs IM1307 Total Quality IM1308 Case Study 11.1 : Quality Scenario in Two Restaurants  > Lack of clarity leads to conflicts on inventory matters. IMBoK equips you to bring a common shared understanding among your stakeholders. **Module-14: **Introduction to Process **[6 Questions] **IM1401 Understanding Process IM1402 History IM1403 Lean IM1404 Six Sigma IM1405 Process Capability IM1406 Factors Affecting Process Management IM1407 Key Issues IM1408 Case Study 14. 1: Kaveri Hotel **Module-15:  Total Quality Management [6 Questions] **IM1501 Introduction IM1502 What is Quality IM1503 Total Quality Management IM1504 Quality Cost Concepts IM1505 Variation as a Way of Life IM1506 Process Capability IM1507 Process Control IM1508 Sample Inspection IM1509 ISO 9000: 2015 IM1510 ISO 26000:2010 IM1511 ISO 14001:2015 IM1512 Benchmarking IM1513 Six Sigma IM1514 Quality Function Deployment IM1515 The relationship of Lean Production IM1516 TQM IM1517 ERP IM1518 Case Study 15. 1: Accent Oak Furniture Company **Module-16: **Lean Production **[6 Questions] **IM1601 Introduction IM1602 Lean Production IM1603 Waste IM1604 The Lean Production Environment IM1605 Manufacturing Planning and Control in a Lean Production Environment IM1606 Comparing ERP IM1607 Kanban and Theory of Constraints IM1608 Case Study 16. 1: Murphy Manufacturing   **Notable IMBoK v2.0 Contributors: **Gurunathan M, Supply Chain Consultant and Visiting Faculty at KREA University Pushpaveni Puttaswamy, IT Architect, Dell Technologies** **Rajesh Singhmar, Supply Chain Head, Godrej R Krishna Raj, Senior General Manager, Technical Service Group, Stanadyne India Private Limited Sandeep Chatterjee, Asssociate Director, Deloitte Sathyanarayanan.S, Associate Director, Cognizant Technology Solutions Sudeep Gupta, Consultant, Impact Analytics Yadu Kishan, Head Supply Chain at California Burrito** ** **Tags:** [Inventory](https://blog.fhyzics.net/iiscm/tag/inventory) Share: - [**](https://www.facebook.com/sharer/sharer.php?u=https://blog.fhyzics.net/iiscm/inventory-management-body-of-knowledge-imbok&title=Inventory%20Management%20Body%20of%20Knowledge%20(IMBoK)%20v2.0&description=IMBoK%20v2.0%20offers%20the%20world’s%20most%20comprehensive%20and%20industry%20reviewed%20inventory%20management%20and%20optimisation%20framework%20for%20SCM%20professionals.) - [**](https://twitter.com/intent/tweet?source=https://blog.fhyzics.net/iiscm/inventory-management-body-of-knowledge-imbok&text=Inventory%20Management%20Body%20of%20Knowledge%20(IMBoK)%20v2.0%20-%20https://blog.fhyzics.net/iiscm/inventory-management-body-of-knowledge-imbok) - [**](http://www.linkedin.com/shareArticle?mini=true&url=https://blog.fhyzics.net/iiscm/inventory-management-body-of-knowledge-imbok&title=Inventory%20Management%20Body%20of%20Knowledge%20(IMBoK)%20v2.0&summary=IMBoK%20v2.0%20offers%20the%20world’s%20most%20comprehensive%20and%20industry%20reviewed%20inventory%20management%20and%20optimisation%20framework%20for%20SCM%20professionals.) ### Written by [IISCM](https://blog.fhyzics.net/iiscm/author/iiscm) Integrated Institute of Supply Chain Management, a unit of Fhyzics Business Consultants Private Limited specialising in supply chain management consulting and education. IISCM trains and certifies SCM professionals in procurement, supply chain management, inventory, and warehousing. 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We invite supply chain professionals and students to participate in this unique competition. The details of the competition are available in the below sections. You can also download and print the poster and display it at your organisation’s or institution’s notice board for the benefit of your colleagues and students. By [IISCM](https://blog.fhyzics.net/iiscm/author/iiscm) In: [Inventory](https://blog.fhyzics.net/iiscm/tag/inventory) [**](https://blog.fhyzics.net/iiscm/gic2020) - [**](https://www.facebook.com/sharer/sharer.php?u=https://blog.fhyzics.net/iiscm/ciop-proctored-exam-instructions&title=CIOP%20Proctored%20Exam%20Instructions&description=CIOP%20Proctored%20Exam%20Instructions) - [**](https://twitter.com/intent/tweet?source=https://blog.fhyzics.net/iiscm/ciop-proctored-exam-instructions&text=CIOP%20Proctored%20Exam%20Instructions%20-%20https://blog.fhyzics.net/iiscm/ciop-proctored-exam-instructions) - [**](http://www.linkedin.com/shareArticle?mini=true&url=https://blog.fhyzics.net/iiscm/ciop-proctored-exam-instructions&title=CIOP%20Proctored%20Exam%20Instructions&summary=CIOP%20Proctored%20Exam%20Instructions) ## [CIOP Proctored Exam Instructions](https://blog.fhyzics.net/iiscm/ciop-proctored-exam-instructions) Certified Inventory Optimization Professional examinations are online, proctored examinations. Meaning, you can take CIOP examination at the comfort of your home or office or any other quite place of your choice. You will be monitored online by our proctor for the entire duration of the examination. The two phases of the examination are 1. Assessment of Test Venue Preparedness 2. Taking the CIOP Examination By [IISCM](https://blog.fhyzics.net/iiscm/author/iiscm) In: [Inventory](https://blog.fhyzics.net/iiscm/tag/inventory) [**](https://blog.fhyzics.net/iiscm/ciop-proctored-exam-instructions) ## Growth Is Just One Click Away Don't feel like calling? 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