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ISM CERTIFICATIONDavid Sieben, CPSM, SCOR-P

ISM-Chicago Certification Committee Chairdavid.sieben@SourceAlign.com

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HISTORYHISTORY• The Certified Professional in Supply Management® (CPSM®) designation was launched in 2008

and is designed to lead the profession by emphasizing the major components of supply management. It is the credential that surpasses the demands of the international marketplace with multi-faceted skills in areas such as finance, supplier relationship management, organizational global strategy and risk compliance. It reflects the expanded knowledge, skills and abilities needed to excel in strategic supply management.

• The Certified Purchasing Manager (C.P.M.) program covers the operational aspects of purchasing, but also includes supply functions such as agreements, negotiations, technology and relationship management. – The Certified Purchasing Manager (C.P.M.) is no longer available for testing and is recertification-only

status. You must have already successfully passed all four modules of the C.P.M. in order to apply and achieve the designation. Those already holding the C.P.M. designation may continue to apply for recertification or lifetime recertification. Remember, your exam scores expire five years from the date the earliest exam was taken or by December 31, 2013, whichever comes first.

• The Accredited Purchasing Practitioner (A.P.P.) designation focuses on entry-level purchasing functions for those primarily engaged in the operational side of the supply chain.– The A.P.P. designation is no longer available for testing and is in recertification-only status. Individuals

already holding the A.P.P. designation may still apply for reaccreditation.

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CPSMCPSM® ® CriteriaCriteriao 3 years full-time, professional supply

management experience (non-clerical, non-support)

o Bachelors' degree from an regionally accredited institution or international equivalent

o Pass 3 CPSM® Exams OR if you are a C.P.M. in good standing, pass the CPSM® Bridge ExamTo recertify, CPSM®s must earn 60 Continuing

Education Hours (CEHs) during the three-year certification period.

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CPSMCPSM®® Benefits Benefits

• CPSM®s earn 9.8% more than those without

the designation. - Source: ISM 2010 Salary Survey • As a CPSM®, your integrated skill set in areas such as

finance, supplier relationship management, organizational global strategy and risk compliance will drive value in every link of the supply chain to give you the edge you need in this global Marketplace.

• Pursuing your CPSM® qualification is your chance to leverage your knowledge and experience into career advancement.

• Recognition within ISM affiliate

CERTIFICATIONCERTIFICATIONBenefits to Employer Benefits to Employer

o Supply management affects each step in the

development of an organization's products and/or services. CPSM® professionals have the skill set to effectively implement innovative supply strategies throughout their entire organization.

o CPSM® professionals will be able to gain a clear understanding of their organization's supply operation and supply network while at the same time having the skills to make more accurate and profitable decisions.

CERTIFICATIONCERTIFICATIONDistinguishing the Distinguishing the

CPSMCPSM®® from others from otherso The CPSM® is targeting supply management

professionals who are forward thinking and wish to have a broad understanding of all components of the profession.

o Its focus is on strategic supply management, not fundamental or tactical level knowledge and contains the most comprehensive body of knowledge in this area.

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CPSMCPSM®® Costs Costs

o CPSM ® Exams $180 for ISM members / $265 for non-members per exam ($540 / $795 total)

o CPSM ® Bridge Exam $180 for ISM members / $265 for non-members per exam

o CPSM® Application $90 for ISM members / $150 for non-members

o CPSM ® Recertification $65 ISM members / $100 non-member

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CPSMCPSM®® Resources Resources

o CPSM ® Study Guide $59 ISM members / $89 non-members

o ISM Professional Series $195 ISM members / $280 non-members

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FAQ’sFAQ’s

• Is there a way to earn your CPSM® if you do not have a bachelor's degree?o No. If you do not have a bachelor's degree from a

regionally accredited institution then you are not eligible for the CPSM®. (Our recommendation is to keep recertifying your C.P.M. so that you possess that valuable professional credential.)

• Is there a lifetime CPSM® certification? o No. Keeping with the theme of current and relevant, ISM

requires recertification every 3 years via 60 CEH’s.• Is there an Exam window that I need to be aware of?

o No. Exams are electronic and scheduled at your convenience through Pearson VUE testing centers.

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Exam ContentsExam ContentsThe CPSM® examination process consists of three separate exams which together will cover the main components of supply management. Exam content addresses today’s supply environment and workplace complexities, such as risk, strategic sourcing, technology and the increased skills needed for supply professionals to drive value in their organizations.

Exam 1: Foundation of Supply ManagementNegotiation Planning and StrategiesSupply Management Spend AnalysisCost/Benefit AnalysisGlobal SourcingBid Analysis and Supplier SelectionDeveloping Supply StrategiesSupplier Relations and Management

Exam 2: Effective Supply Management PerformanceTerms Used in ForecastingStandardizationKey Performance IndicatorsInformation Planning and Control SystemsSupply Management Role in Product/Service DevelopmentProject Planning, Execution and ControlContinuous ImprovementQuality and Performance

Exam 3: Leadership in Supply ManagementSupply Management's Mission and VisionAligning with Business PlansAcquisitions, Mergers and DivestituresImpacting the External Role of Supply ManagementWorking in TeamsSupply Management and the LawRisk Assessment and MitigationStrategic Sourcing PlansSupply Management AnalyticsSupply Management Strategies

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Important DatesImportant Dates

o December 31, 2013 — Last day to postmark your C.P.M. Original/Original Lifetime application. $90 / $150

o December 31, 2014 — Last day to register for the CPSM® Bridge Exam. $180 / $265

o December 31, 2015 — Last day to take the CPSM® Bridge Exam.

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In ConclusionIn Conclusion

• Questions???

• Thank you.