CPSM

2008-03-27T15:19:00.003-05:00

What is the Certified Professional in Supply Management (CPSM) qualification?
The Certified Professional in Supply Management is slated to be the qualification that supply management professionals strive to earn. The CPSM will be relevant internationally and reflect the expanded knowledge, skills and abilities needed to be a successful supply management professional.

What important dates do I need to remember?
December 31, 2008 — Last day to register for the C.P.M. Exam.*
December 31, 2013 — Last day to postmark your C.P.M. Original/Original Lifetime application.
December 31, 2013 — Last day to register for the CPSM Bridge Exam.*
* Exam registrations are valid for one (1) year from the date of registration.

What are the criteria for the CPSM qualification?
3 years full-time, professional supply management experience
4 year degree from an regionally accredited college or university
Pass 3 Exams OR if you are a C.P.M. in good standing, pass the Bridge Exam

What does "regionally accredited" mean?
It means that your bachelor's degree was earned from a college or university that is recognized by one of the six U.S. accrediting organizations listed with the Council for Higher Education Accreditation (CHEA) (http://www.chea.org/Directories/regional.asp):
Middle States Association of Colleges and Schools (MSA)
New England Association of Schools and Colleges (NEASC)
North Central Association of Colleges and Schools (NCA-HLC)
Northwest Commission on Colleges and Universities (NWCCU)
Southern Association of Colleges and Schools (SACS)
Western Association of Schools and Colleges (WASC-ACSCU)

If you earned your bachelor's degree in the United States from a school not accredited by one of the above six organizations, you would not qualify for the CPSM. If you earned your degree outside the United States, please refer to the next FAQ.

What if I earned my 4-year degree outside the United States?
If your degree was earned from a school outside the United States, it will need to be evaluated (for U.S. regional equivalency) before submitting your CPSM application to ISM. We recommend that you use the services of Educational Credential Evaluators (ECE): http://www.ece.org/. The "General" evaluation is all that ISM requires. The cost of the evaluation is the responsibility of the applicant.

Over the years, ISM has collected names of the 4-year degree programs that our applicants had evaluated by ECE. Listed below, are the programs that were deemed to be the equivalent of a 4-year degree earned from a school accredited by one of the six U.S. accrediting organizations listed with the Council for Higher Education Accreditation (CHEA) (http://www.chea.org/Directories/regional.asp).

Please note that, while ECE may have evaluated a degree program from a particular school to be the equivalent of a regionally accredited bachelor's degree in the U.S., it does not necessarily mean that a different degree program, from that same school, will have the same equivalency.

If your 4-year degree program does not appear on the above list, you will need to have it evaluated by ECE.

If your degree program is deemed "regionally accredited" by ECE, please submit a copy of ECE's decision along with your CPSM application packet.

What are the benefits of achieving the CPSM qualification?
The CPSM qualification will enable professionals to gain a clear understanding of their organization's supply operation and enable managers to take an active role in critical decisions. Each step in the development of an organization's products and/or services is controlled by supply management. Current evolution of the profession dictates that a strategic level qualification is needed for professionals to effectively implement innovative supply strategies throughout their entire organization. The CPSM will be a milestone for those professionals who take ownership of their careers. Surveys indicate those with professional designations report higher annual compensation than those without certification. Pursuing your CPSM qualification is your chance to leverage your knowledge and experience into career advancement.

What are the benefits for my organization if I become CPSM qualified?
Organizations have communicated to ISM that they value the C.P.M. as evidence of a solid baseline of purchasing knowledge. The CPSM qualification will also recognize individual competencies in the broader area of supply management. The CPSM will emphasize major segments of the supply management profession; holders of the qualification will attain a greater understanding of their organization's supply network and have the skills to make more accurate and profitable decisions.

How is ISM distinguishing the CPSM qualification from other organizations' certifications?
The CPSM is targeting supply management professionals who are forward thinking and wish to have a broad understanding of all components of the profession. It will focus on strategic supply management, not fundamental or tactical level knowledge and contain the most comprehensive body of knowledge in this area.

Is there a way to earn your CPSM if you do not have a bachelor's degree?
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 earn your C.P.M. and to keep recertifying so that you possess that valuable professional credential.

If further academic studies are in your future, keep in mind that many colleges and universities will grant 12 undergraduate credits for the C.P.M. which could be a great starting point to pursue a bachelor's degree.

Will it be possible to achieve Lifetime Qualification status for the CPSM?
No. The CPSM will not have lifetime status. Since the profession is continuing to increase in complexity, continuing education will play a major role in making sure supply managers stay current on the latest supply management best practices.

Why did ISM choose to create the CPSM instead of updating the C.P.M.?
The C.P.M. designation does not lend itself to being re-purposed to the extent required to cover the increasingly broad spectrum of supply management competencies. The C.P.M. primarily tests one specific segment of supply management — purchasing. The CPSM will test on the expanded components of supply management and like the C.P.M. it will be relevant to all industry sectors.

How can I keep updated on ISM's credentialing programs?
Information will be provided on the ISM Web site, in Supply Line 2055: Certification Update, in NewsLine, through affiliate leadership and via e-mail updates to subscribers. Be sure to sign up to receive CPSM updates.

If you have questions or comments, contact ISM Certification at: certification@ism.ws.

ISM C.P.M.

2007-04-25T13:25:00.002-05:00

Important Notes:

Last date to register for the C.P.M. exam - December 31, 2008

Last date to take the C.P.M. exam - December 31, 2009

C.P.M. Review Module Training Classes:
May 8, 2008 C.P.M. Review Module 2 (register by 4/28/08)
May 9, 2008 C.P.M. Review Module 4 (register by 4/28/08)

The above seminars will be located at The Murray Hill Inn (Best Western Hotel)
535 Central Avenue, New Providence, NJ
Time: 8:30 a.m. - 4:30 p.m.
Cost: per class $375 Members; $425 Non-Members

How to Get Started on Your C.P.M. Designation
You've decided to strengthen your skills set and expand your career by getting your C.P.M. Congratulations! If you're like most people, you probably have a lot of questions — questions about eligibility, study materials, testing requirements and certification. This online guide will help direct you to where you can find answers on ISM's Web site. While not all-inclusive, it is designed to help C.P.M. candidates understand what is involved in the certification process and how to prepare for your C.P.M. exam modules.

There are five basic steps to the C.P.M. certification process:
Determine Eligibility
Exam Preparation
Registering for Your Exam
Exam Testing
Applying for Certification

Eligibility — The first thing you want to do is evaluate your eligibility. Applicants for C.P.M. certification must (a) have five years of full-time professional (non-clerical, non-support) supply management experience, or (b) have a four-year degree from an accredited institution and three years of full-time professional supply management experience. If you're not sure about your eligibility, contact ISM Certification at certification@ism.ws.

Exam Preparation — Next, you will want to consider how you will prepare for each of the four exam modules you must pass to receive your C.P.M.. It is important to note that in effective exam preparation, your method of study in addition to which materials you use, can make a significant impact upon your success. Because candidate backgrounds vary significantly, we recommend a course of study and the specific use of materials which are pertinent to the exam. See Study Materials and Methods for the C.P.M. Exam. ISM also offers additional educational materials through our product catalog and also on the ISM Web site. Click here to see a complete selection of C.P.M. Study Materials.

Registering for Your Exam — You must first register for your C.P.M. Exam with ISM. You may register online, by telephone, by fax, by mail or special courier. Click here to see detailed information.

Second, register with Prometric Testing Centers to take the exam. Prometric is a leading provider of technology-based solutions for testing and certification, administers computer exam testing for the C.P.M. To see a list of test centers near you, visit Prometric at http://www.2test.com/ and select "Locate a Test Center."

Prometric Testing CentersDomestic Fees: USD $190 per module/ISM members USD $130 per moduleInternational Fees: USD $230 per module/ISM members USD $175 per module
The Institute for Supply Management™ also offers onsite certification testing and review. With onsite testing and review, businesses control the environment and can create an atmosphere that best matches their individual culture.

Exam Testing — There are four (4) exam modules you must pass to receive your C.P.M..
MODULE 1: PURCHASING PROCESS (95 questions)MODULE 2: SUPPLY ENVIRONMENT (95 questions)MODULE 3: VALUE ENHANCEMENT STRATEGIES (95 questions)MODULE 4: MANAGEMENT (120 questions)
Click here for detailed information on the C.P.M. Exam.

Applying for Certification — When you have successfully completed all four modules of the C.P.M. Exam, you may apply for C.P.M. Original Certification. Applications for Original and Original Lifetime Certification are available on the ISM Web site. All applications must be complete and submitted in English. Click here for detailed information.
For all other questions, contact ISM Certification at certification@ism.ws, or call 800/888-6276, extension 3074.

ISM-New Jersey, Inc.

CPSM

ISM C.P.M.