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CPIM Transformed for Today’s Busy Professional
Lisa: So let’s take a look on how this decision affects the Certification exam structure and the associated courseware.
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CPIM Learning System Components
Participant Materials The CPIM body of knowledge will follow the two-part configuration identified in ECM v6.0. The reading materials will be available in print and e-reader formats. Online Materials and Resources The online component will provide tests, exercises, and additional resources for both learning and teaching. Premium features will support a blended learning experience. Instructor Materials Instructor materials will include instructor Resource Books with facilitator notes, PowerPoint slides, classroom exercises, student slide books and an optional final exam.
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CPIM Learning System Delivery Formats
The CPIM Learning System will support two different delivery modes, based on audience needs: (1) Self-Study and (2) Instructor-led. Online features that are available will vary to accommodate the delivery format. Feature: (by Part) Self-Study Version Instructor-led Announcements Class Roster “Ask the Instructor” Threaded Discussions Pretest Embedded e-Reader Section Quizzes Posttest Practice Exam Instructional Videos Interactive Case Studies Glossary/Flashcards Resource Center
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Proposed Business Model Focus
Customer focused Product flexibility designed for needs of today’s students: Instructor-led or self study Flipped classroom Electronic delivery capability Enhanced Value Proposition (EVP) Partners – increasing student adoption Students – enabling enhanced, multimode learning experiences Global pricing Align pricing and model with other similar product offerings by both competitors and APICS Overall reduction in customer cost and time commitment Comprehensive, condensed learning path Learning System based Designed to address the needs and time constraints of today’s students
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Anticipated Roll-out Plans
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Draft CPIM Reconfiguration Timeline
June 1, Launch CPIM Version 6.0 Exam Content Manual August 7, CPIM Part 1 and Part 2 Courseware presale August 31, Last day to purchase current BSCM exam ATT September Launch CPIM Part 1 and Part 2 Courseware Purchase CPIM Part 1 and Part 2 exams available for purchase September 30, CPIM Part 1 exams administered November CPIM Part 2 exam exams administered Note: Current 4-exam (MPR, DSP, ECO & SMR), CPIM configuration will be maintained during YE 2018 to allow for candidate transition. Visit: apics.org/credentials-education/credentials/cpim/new-cpim-details/launch-timeline to view the current timeline.
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Ensuring Successful Transition
Lisa: Bob, can you provide some guidance on how to ensure a successful transition?
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Ensuring Successful Transition
Modules 2-5 as well as the new combined exam will be offered simultaneously during an extended interval providing individuals time to transition. The 10-year exam expiration policy for legacy BSCM exams will continue to be honored. Candidates will be assured to either begin or continue their CPIM pursuits. For those who have passed a few exams, there will be less financial investment required to complete the legacy CPIM configuration. For those who have passed a few exams, waiting for the new combined exam will require a review of material that they were already tested on. Communication will be timed and distributed in a manner to avoid a potential “run on the market.”
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CPIM Pricing – Current vs. New
Current Pricing vs. New CPIM Pricing Existing Learning System + Certification New CPIM Pricing NA $1,525 $1,880 Learning System: (Part 1 $395 + Part 2 $495) Exam: (Part 1 $495 + Part 2 $495) ROW $2,200 Bundle* $1,680 9 Month Learning System vs. 18 Month Courseware * Bundle Option only available to APICS Members
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New CPIM New Opportunities
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New CPIM… New Opportunities!
Some thoughts on value… APICS’s most successful partners tend to offer CPIM based on a total value proposition at a bundled price. Current Chapters have detailed this approach quite effectively in the recent APICS Marketing 365 Live! webinar, the “Art of the Bundle”. The new, revitalized CPIM should command the same or greater value in the market, while substantially decreasing overall partner training time and costs. Fast Fact: According to a Harvard Business School study of 1,000 professionals 94% work at least 50 hours per week and 50% at least 65 hours. The Art of the Bundle -
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