The Certified Professional in Supply Management (CPSM) it is a globally recognized professional credential offered by the Institute for Supply Management (ISM) It is one of the largest supply management association in the world as well as one of the most respected.”[1] Being certified as a CPSM indicates the holder has achieved mastery of supply management’s core competencies.[2][3] The certification program’s emphasis on strategic supply chain integration, along with procurement and Supply Chain Management, prepares the practitioner to move beyond tactical thinking in order to generate strategic solutions and to evolve continually in the rapidly changing supply management environment.
Since the certification program's inception, ISM has granted nearly 13,000 CPSMs and has current CPSM holders in 68 countries.
Up until 2008, the highest credential that ISM offered was the Certified Purchasing Manager (C.P.M.) designation, which the organization first offered in 1974.[4] The C.P.M. required qualified applicants to pass four exam modules that measured their aptitude in areas such as purchasing, supplier relations, quality issues, business law, personnel challenges, diversity and more. As respected as the C.P.M. was in the procurement profession, ISM determined that a new level of certification was needed to address the evolving needs of the supply management professional and the increasing complexity of business, including the intricacies of globalization.[5]
ISM’s development of the CPSM qualification allowed it to move beyond a narrow focus on purchasing to roles that require a broader knowledge of supply management and leadership. With the introduction of the new qualification, ISM discontinued testing for the C.P.M. designation and transitioned it to a recertification-only status. During a transitional period that ended in 2015, ISM offered those holding a C.P.M. qualification the opportunity to take a bridge exam to qualify for a CPSM certification.[6][7]
CriteriaEdit
To obtain a CPSM designation, the association requires candidates to have three years of full-time, professional supply management experience (nonclerical, nonsupport) with a regionally accredited bachelor's degree or international equivalent or five years of supply management experience (nonclerical, nonsupport) without a degree. Before qualifying for the CPSM designation, candidates must pass three exam modules.
Exam FocusEdit
Each of the three required CPSM exam modules has a different focus. The exam modules can be taken in any order.
To maintain the integrity of the credential, ISM requires CPSM holders to continue learning and developing their skills throughout their career. The CPSM certification is valid for three years, and the holder must apply for recertification to maintain the designation. To be eligible for recertification, CPSM holders must earn 60 hours of approved continuing education through any combination of:
Taking semester-long college courses.
Attending seminars, conferences, and educational programs; teaching courses; and publishing journal articles.
Participating in work-related training (either taken or taught) involving business-related topics.
Contributing to the profession (holding certain offices in ISM or an ISM affiliates).
Retaking CPSM exams (during a certain time frame) or obtaining a Certified Professional in Supplier Diversity (CPSD) certification from ISM.
After a designated one-year grace period, a professional whose certification has lapsed must retake all three exams.
ReferencesEdit
^O’Connell, Donal (2011). Harvesting External Innovation: Managing External Relationships and Intellectual Property. Milton Park: Gower Publishing. p. 113. ISBN978-1-4094-1833-7.
^Wisner, Joel D.; Tan, Keah-Choon; Keon-Leong, G. (2014). Principles of Supply Chain Management: A Balanced Approach. Boston: Cengage Learning. p. 123. ISBN978-1-285-42831-4.
^Rudzki, Robert A.; Trent, Robert J. (2011). Next Level Supply Management Excellence: Your Straight to the Bottom Line Roadmap. Fort Lauderdale: J. Ross Publishing. p. 99. ISBN978-1-60427-059-4.
^. Supply Chain Digest. Archived from the original on 8 July 2016. Retrieved 19 June 2016.
^U.S. Department of Labor (2008). Occupational Outlook Handbook 2009. New York: Skyhorse Publishing. p. 556. ISBN978-1-60239-320-2.
^"Who down wit' CPP?... or SPSM, CPM, or CPPM?". The Strategic Sourcer. Retrieved 22 June 2016.
^"3 Supply Chain Certifications That Will Help You Land a Job". The Strongest Link. Retrieved 19 June 2016.
External linksEdit
Official website
September 01, 2023
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This article contains content that is written like an advertisement Please help improve it by removing promotional content and inappropriate external links and by adding encyclopedic content written from a neutral point of view December 2021 Learn how and when to remove this template message The Certified Professional in Supply Management CPSM it is a globally recognized professional credential offered by the Institute for Supply Management ISM It is one of the largest supply management association in the world as well as one of the most respected 1 Being certified as a CPSM indicates the holder has achieved mastery of supply management s core competencies 2 3 The certification program s emphasis on strategic supply chain integration along with procurement and Supply Chain Management prepares the practitioner to move beyond tactical thinking in order to generate strategic solutions and to evolve continually in the rapidly changing supply management environment Since the certification program s inception ISM has granted nearly 13 000 CPSMs and has current CPSM holders in 68 countries Contents 1 History 2 Criteria 3 Exam Focus 4 Maintaining Certification 5 References 6 External linksHistory EditUp until 2008 the highest credential that ISM offered was the Certified Purchasing Manager C P M designation which the organization first offered in 1974 4 The C P M required qualified applicants to pass four exam modules that measured their aptitude in areas such as purchasing supplier relations quality issues business law personnel challenges diversity and more As respected as the C P M was in the procurement profession ISM determined that a new level of certification was needed to address the evolving needs of the supply management professional and the increasing complexity of business including the intricacies of globalization 5 ISM s development of the CPSM qualification allowed it to move beyond a narrow focus on purchasing to roles that require a broader knowledge of supply management and leadership With the introduction of the new qualification ISM discontinued testing for the C P M designation and transitioned it to a recertification only status During a transitional period that ended in 2015 ISM offered those holding a C P M qualification the opportunity to take a bridge exam to qualify for a CPSM certification 6 7 Criteria EditTo obtain a CPSM designation the association requires candidates to have three years of full time professional supply management experience nonclerical nonsupport with a regionally accredited bachelor s degree or international equivalent or five years of supply management experience nonclerical nonsupport without a degree Before qualifying for the CPSM designation candidates must pass three exam modules Exam Focus EditEach of the three required CPSM exam modules has a different focus The exam modules can be taken in any order Exam 1 Supply Management Core Sourcing Category management Negotiation Legal amp Contractual Supplier Relationship Management Cost amp Price management Financial Analysis Exam 2 Supply Management Integration Supply chain strategy Demand planning Forecasting Product amp service Quality management Logistics amp materials management Project Management Exam 3 Leadership amp Transformation in Supply Management Leadership Strategy development Stakeholder engagement People development amp coaching Systems capabilities amp technology Risk amp Compliance Corporate Social ResponsibilityMaintaining Certification EditTo maintain the integrity of the credential ISM requires CPSM holders to continue learning and developing their skills throughout their career The CPSM certification is valid for three years and the holder must apply for recertification to maintain the designation To be eligible for recertification CPSM holders must earn 60 hours of approved continuing education through any combination of Taking semester long college courses Attending seminars conferences and educational programs teaching courses and publishing journal articles Participating in work related training either taken or taught involving business related topics Contributing to the profession holding certain offices in ISM or an ISM affiliates Retaking CPSM exams during a certain time frame or obtaining a Certified Professional in Supplier Diversity CPSD certification from ISM After a designated one year grace period a professional whose certification has lapsed must retake all three exams References Edit O Connell Donal 2011 Harvesting External Innovation Managing External Relationships and Intellectual Property Milton Park Gower Publishing p 113 ISBN 978 1 4094 1833 7 Wisner Joel D Tan Keah Choon Keon Leong G 2014 Principles of Supply Chain Management A Balanced Approach Boston Cengage Learning p 123 ISBN 978 1 285 42831 4 Rudzki Robert A Trent Robert J 2011 Next Level Supply Management Excellence Your Straight to the Bottom Line Roadmap Fort Lauderdale J Ross Publishing p 99 ISBN 978 1 60427 059 4 Supply Chain News Institute for Supply Management Announces New Certification Program for Purchasing Managers that Lack a Four Year Degree Supply Chain Digest Archived from the original on 8 July 2016 Retrieved 19 June 2016 U S Department of Labor 2008 Occupational Outlook Handbook 2009 New York Skyhorse Publishing p 556 ISBN 978 1 60239 320 2 Who down wit CPP or SPSM CPM or CPPM The Strategic Sourcer Retrieved 22 June 2016 3 Supply Chain Certifications That Will Help You Land a Job The Strongest Link Retrieved 19 June 2016 External links EditOfficial website Retrieved from https en wikipedia org w index php title Certified Professional in Supply Management amp oldid 1159205322, wikipedia, wiki, book, books, library,
