ISM Professional Credentialing Programs. Supply Management ISM’s definition of supply management is the identification, acquisition, access, positioning,

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Presentation transcript:

ISM Professional Credentialing Programs

Supply Management ISM’s definition of supply management is the identification, acquisition, access, positioning, management of resources and related capabilities the organization needs or potentially needs in the attainment of its strategic objectives. ISM’s definition of supply management is the identification, acquisition, access, positioning, management of resources and related capabilities the organization needs or potentially needs in the attainment of its strategic objectives.

The Mission of ISM is “To Lead Supply Management” Goals: Expand the sphere of influence of supply management.Expand the sphere of influence of supply management. Align Institute for Supply Management's organization with its Mission.Align Institute for Supply Management's organization with its Mission. Enhance Institute's revenue generation to ensure the resources necessary to support the Mission.Enhance Institute's revenue generation to ensure the resources necessary to support the Mission.

New Challenges/Opportunities for Supply Managers The Scope of SM will grow The Scope of SM will grow Supplier relationships deepen Supplier relationships deepen The CPO becomes a strategic partner to the Board The CPO becomes a strategic partner to the Board Technology continues to be central to change Technology continues to be central to change Source: The New Face of Purchasing, The Economist Intelligence Unit, November 2005

How did we get here? Market Study Market Study Job Analysis Process Job Analysis Process Certification Committee recommendation based upon results of Job Analysis Certification Committee recommendation based upon results of Job Analysis

The supply management component is either part of the individual’s personal job responsibilities and/or supervisory responsibilities or the responsibility of someone else in the supply management organization. Supply Management Components

General Information CPSM will be available 2008 CPSM will be available 2008 Exam specification – Three (3) Exams Exam specification – Three (3) Exams Pilot Exam – February 2008 Pilot Exam – February 2008 –Contact Trish True or Kathy Braase in Sales Defining courseware for review instructors Defining courseware for review instructors

CPSM Requirements Five years of experience Five years of experience –Full-time; professional; non-clerical, non-support Bachelor’s degree from a regionally accredited college or university Bachelor’s degree from a regionally accredited college or university Successful passing of the bridge exam with a valid C.P.M. OR Successful passing of the three CPSM exams Successful passing of the bridge exam with a valid C.P.M. OR Successful passing of the three CPSM exams Application Process

Reason for Degree Requirement Change in supply management profession Change in supply management profession Decision is final Decision is final –This decision will not be re-evaluated Ability to recertify Ability to recertify –If you have your C.P.M. – without a degree you may continue to recertify

CPSM- Additional Information Educational degrees beyond Bachelors do not reduce requirements Educational degrees beyond Bachelors do not reduce requirements No grandfathering from C.P.M. to CPSM No grandfathering from C.P.M. to CPSM –You must take the bridge exam –Or ALL Three of the CPSM exams Cost – not determined Cost – not determined –Exams, applications, study materials, recertification, etc.

CPSM Recertification Requirements Every three (3) years with 60 Continuing Education Hours (CEHs) Every three (3) years with 60 Continuing Education Hours (CEHs) Categories for earning CEHs – college courses & seminars (taken or taught), contributions to the profession, articles. Categories for earning CEHs – college courses & seminars (taken or taught), contributions to the profession, articles. Candidates will be able to retake each CPSM Exam for 20 CEHs but only in their last year of certification or during their grace period. Candidates will be able to retake each CPSM Exam for 20 CEHs but only in their last year of certification or during their grace period. One Year Grace period – resets certification date One Year Grace period – resets certification date

CPSM Study Materials CPSM Study Guide- Fall 2007 CPSM Study Guide- Fall 2007 CPSM Knowledge Series- Fall 2007 CPSM Knowledge Series- Fall 2007 CPSM Supplementary Reading List CPSM Supplementary Reading List CPSM Diagnostic Kit CPSM Diagnostic Kit The Supply Management Handbook The Supply Management Handbook Glossary of Key Supply Management Terms Glossary of Key Supply Management Terms

What will the CPSM Exams look like? Number of questions & time allowed (domestic) Exam 1 – 165 questions (150 scored) 2 hours and 45 minutes allowed 2 hours and 45 minutes allowed Exam 2 – 165 questions (150 scored) 2 hours and 45 minutes allowed 2 hours and 45 minutes allowed Exam 3 – 180 questions (165 scored) 3 hours allowed 3 hours allowed Bridge Exam – 180 questions (all scored) 3 hours allowed 3 hours allowed

CPSM Exam 1 Foundation of Supply Management Foundation of Supply Management –25 tasks –Content Areas  Contracting/Negotiations – 5 Tasks – 32 Questions  Cost/Finance – 5 Tasks – 32 Questions  International – 3 Tasks – 17 Questions  Social Responsibility – 3 Tasks – 14 Questions  Sourcing – 3 Tasks – 20 Questions  Supplier Relationship Management – 6 Tasks – 35 Questions 6 Tasks – 35 Questions

CPSM Exam 2 Effective Supply Management Performance Effective Supply Management Performance –24 tasks –Content Areas  Forecasting – 3 Tasks – 19 Questions  Logistics – 4 Tasks – 19 Questions  Materials & Inventory Management – 4 Tasks – 19 Questions  Organization/Department Assessment – 4 Tasks – 26 Questions  Planning – 2 Tasks – 15 Questions  Product Development – 2 Tasks – 12 Questions  Project Management – 2 Tasks – 19 Questions  Quality – 3 Tasks – 21 Questions

CPSM Exam 3 Leadership in Supply management Leadership in Supply management –32 tasks –Content Areas  Leadership – 18 Tasks – 96 Questions  Risk and Compliance – 8 Tasks – 32 Questions  Strategic Sourcing – 6 Tasks – 37 Questions

CPSM Bridge Exam The bridge will be a single exam covering contemporary subject matter and content not covered in the current C.P.M. Exam. The bridge will be a single exam covering contemporary subject matter and content not covered in the current C.P.M. Exam. The bridge exam will be available to test through the end of The bridge exam will be available to test through the end of 2014.

CPSM Bridge Exam  Contracting/Negotiations – 3 Tasks – 5 Questions  Cost/Finance – 5 Tasks – 12 Questions  International – 3 Tasks – 8 Questions  Social Responsibility – 3 Tasks – 5 Questions  Sourcing – 2 Tasks – 2 Questions  Supplier Relationship Management – 4 Tasks – 6 Questions 4 Tasks – 6 Questions  Forecasting – 2 Tasks – 5 Questions  Logistics – 4 Tasks – 12 Questions

CPSM Bridge Exam  Materials & Inventory Management – 4 Tasks – 12 Questions  Organization/Department Assessment – 3 Tasks – 10 Questions  Planning – 2 Tasks – 9 Questions  Product Development – 1 Task – 3 Questions  Project Management – 2 Tasks – 8 Questions  Quality – 1 Task – 3 Questions  Leadership – 10 Tasks – 30 Questions  Risk and Compliance – 6 Tasks – 15 Questions  Strategic Sourcing – 6 Tasks – 35 Questions

Certified Purchasing Manager

C.P.M. Requirements 5 years experience or 3 years with a four year degree from an accredited college or university 5 years experience or 3 years with a four year degree from an accredited college or university –Full-time; professional- non-clerical; non-support Maintain recertification every 5 years, may continue to recertify Maintain recertification every 5 years, may continue to recertify Lifetime Certification – 18 years of experience Lifetime Certification – 18 years of experience These requirements have not changed

C.P.M. Recertification Requirements Every Five (5) years with 84 Continuing Education Hours (CEHs) Every Five (5) years with 84 Continuing Education Hours (CEHs) Categories for earning CEHs – college courses & seminars (taken or taught), contributions to the profession, articles. Categories for earning CEHs – college courses & seminars (taken or taught), contributions to the profession, articles. Candidates will be able to retake C.P.M. Modules 3 &/or 4 for 42 CEHs each (not available for registration after 12/31/2008). Candidates will be able to retake C.P.M. Modules 3 &/or 4 for 42 CEHs each (not available for registration after 12/31/2008). One Year Grace period – does not reset certification date One Year Grace period – does not reset certification date

Current Costs C.P.M. Exam Registration Fees per Module (as of 1/07) MemberNon-Member Domestic Testing$130.$190. International Testing$175.$230. Application Fees (as of 1/07) MemberNon-Member C.P.M. Original$ 90.$150. C.P.M Recertification$ 65.$100. A.P.P. Reaccreditation$ 50.$ 80.

Study Materials Available for C.P.M. Study Guide Study Guide ISM Knowledge Series – Volumes 1 – 4 ISM Knowledge Series – Volumes 1 – 4 Diagnostic Kits Diagnostic Kits Articles for Exam Preparation Articles for Exam Preparation Review Programs – online and workbook Review Programs – online and workbook The Supply Management Handbook The Supply Management Handbook

Important Dates 2/2008 – CPSM Pilot Testing 2/2008 – CPSM Pilot Testing –Contact Sales at –Kathy Braase ext or Trish True ext – CPSM Available 2008 – CPSM Available 12/31/2008 – Postmark cut-off date for C.P.M. Exam Registration processing* 12/31/2008 – Postmark cut-off date for C.P.M. Exam Registration processing* 12/31/2009– Last day to test C.P.M. Modules registered before 12/31/ /31/2009 – Last day to test C.P.M. Modules registered before 12/31/2008 1/1/2010 – Current C.P.M.s no longer able to take Exam Modules 3 &/or 4 for recertification purposes 1/1/2010 – Current C.P.M.s no longer able to take Exam Modules 3 &/or 4 for recertification purposes 12/31/2013 – Postmark cut-off date for C.P.M. Original/Original Lifetime Applications 12/31/2013 – Postmark cut-off date for C.P.M. Original/Original Lifetime Applications 12/31/2014– Bridge Exam no longer available to test 12/31/2014 – Bridge Exam no longer available to test *Note: Exam Registrations are valid for one (1) year from the date of registration.

ISM’s Certification Department seeks your expertise!!! If you or someone you know is interested in assisting ISM with our professional credentialing programs please contact us.

Certification Department Contacts: Customer Service: ext 401- questions about exam registration Customer Service: ext 401- questions about exam registration Certification Information line - ext Certification Information line - ext Althea (Al) Levine - questions regarding certification and application process ext Althea (Al) Levine - questions regarding certification and application process ext Lyndsey Ferro – administrative support ext Lyndsey Ferro – administrative support ext David Migliore - concerns related to onsite & Prometric testing ext David Migliore - concerns related to onsite & Prometric testing ext Karen Collins - Manager ext Karen Collins - Manager ext Christina Foster - VP ext Christina Foster - VP ext. 3011

Thank you!