ism’s cpsm®

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ISM’s Certified Professional in Supply Management (CPSM®) Program May 2008 May 2008

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ISM’s Certified Professional in Supply Management (CPSM®) Program

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Page 1: ISM’s CPSM®

ISM’s Certified Professional in Supply Management (CPSM®) Program

May 2008May 2008

Page 2: ISM’s CPSM®

The CPSM was launched at

ISM’s 93rd Annual International Conference

in St. Louis, MO

Page 3: ISM’s CPSM®

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.

Components Survey Results

34%

63%63%69%71%74%75%79%81%81%83%83%

98%99%

0%10%20%30%40%50%60%70%80%90%

100%

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ufactu

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What components areas are supply management professionals responsible for?

Page 4: ISM’s CPSM®

Who is the average CPSM and what do they do?

A supply manager who provides leadership by aligning resources to

define and satisfy diverse internal and external customer needs through the acquisition and ongoing management

of materials and services.

Page 5: ISM’s CPSM®

CPSM Program Requirements

Three years of experience in supply management Full-time; professional; non-clerical, non-support

Bachelor’s degree from a regionally accredited college or university (or the international equivalent)

Successful passing of the Bridge Exam with a valid C.P.M. OR Successful passing of the three CPSM exams

These requirements will not change.

*** Complete Application process

Page 6: ISM’s CPSM®

Sample Work Experience Documentation

This letter is being issued at the request of James Jones. It verifies his full-time employment, job titles and duties while employed at XYZ Company. He has held several positions within the supply management organization. Each is discussed below:

Title: Sourcing ManagerDates Title Held: 11/99 to 5/02General Description of Duties: Identifies and selects suppliers, negotiates contracts, manages supplier performance, and perform all other duties necessary to ----.

Title: Global Sourcing DirectorDates Title Held: 6/02 to 5/08General Description of Duties: Oversees and directs the sourcing efforts for the organization ensuring………..

If you have any questions, please call me at (phone number).

Samantha SmithHuman Resources ManagerXYZ Company

Page 7: ISM’s CPSM®

CPSM – Additional Information

Educational degrees beyond Bachelors do not reduce requirements

No grandfathering from C.P.M. to CPSMYou must take the Bridge ExamOr ALL three (3) of the CPSM Exams

No Lifetime Designation No Bridge available from the CPSM back to

the CP.M.

Page 8: ISM’s CPSM®

What do the CPSM Exams look like?

Exam 1 – Foundation of Supply Management 165 questions (150 scored) 2 hours and 45 minutes allowed

Exam 2 – Effective Supply Management Performance165 questions (150 scored) 2 hours and 45 minutes allowed

Exam 3 – Leadership in Supply Management180 questions (165 scored)

3 hours allowed

Bridge Exam – 180 questions (all scored) 3 hours allowed

* All exam scores are valid for three (3) years

Page 9: ISM’s CPSM®

Levels of Learning being Tested

Recall – define, identify and select information

Comprehension - estimate or predict based upon circumstances described

Application – draw on knowledge and experience to identify the solution

Primary focus of CPSM Exam questions are application and comprehension with minimal recall knowledge being tested.

Page 10: ISM’s CPSM®

Types of Questions & Scoring

The CPSM professional credentialing exam utilizes four option multiple choice questions – choose the “Best” answer.

CPSM scores range between 100 and 600 with a scaled score of 400 or greater as passing. Scores are presented in increments of 10.

Page 11: ISM’s CPSM®

CPSM Exam 1

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

Page 12: ISM’s CPSM®

CPSM Exam 2

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

Page 13: ISM’s CPSM®

CPSM Exam 3

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

Page 14: ISM’s CPSM®

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 Exam will be available to test through the end of 2014.

The Bridge was not available during Pilot Testing. The first Bridge Exams were given at ISM’s Annual Conference on May 7, 2008.

Candidates must be currently certified as C.P.M. in order to take the Bridge Exam and at time of application for CPSM.

Page 15: ISM’s CPSM®

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 Forecasting – 2 Tasks – 5 Questions Logistics – 4 Tasks – 12 Questions

Page 16: ISM’s CPSM®

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

Page 17: ISM’s CPSM®

CPSM Study Materials/Resources

CPSM Study Guide ISM Professional Series (3 volumes) The Supply Management Handbook CPSM Supplemental Reading List (on Web) CPSM Diagnostic Kit (under Development) ISM Glossary of Key Supply Management

Terms

Page 18: ISM’s CPSM®

Train the Trainer Program

Customizable courseware: Instructor & Participant guides and PowerPoint deck for Exams 1, 2 & 3 and the Bridge Exam.

Check the ISM Web site to sign up for future courses both Face-to-Face and Web-based.

The registration fee is US$100 and attendees must have the CPSM Study Guide as a reference.

Page 19: ISM’s CPSM®

Pilot Exam- How did it go?

Over 2,500 CPSM Exams were administered during the 2 month Pilot Testing period.

What countries participated?China, France, Jamaica, Japan, Korea, Mexico, United Arab Emirates, and the United States

Results…pass rates are between 65 - 70% (similar to those for the C.P.M. program)

Page 20: ISM’s CPSM®

Testing available?

Pearson VUE Testing Centers via computer, on-demand, Exams 1, 2, 3 and Bridge

Paper & Pencil at Affiliate Leadership Training in 2008

Select conferences Onsite testing available for groups taking a

minimum of 5 exams per administration.

Page 21: ISM’s CPSM®

CPSM Recertification Requirements

Every three (3) years with 60 Continuing Education Hours (CEHs)

Categories for earning CEHs – college courses & seminars (taken or taught), contributions to the profession, membership, 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.

One Year Grace period – resets certification date

Page 22: ISM’s CPSM®

Current Costs – CPSM

Testing Fees Member Non-MemberOnsite Testing $90 $135(May 15 – Aug 31, 2008)

Onsite Testing $180 $265(After Sept 1, 2008)

Computer Based Testing $180 $265 (June 2008)

Application Fees Member Non-MemberFebruary – Aug 31, 2008 $45 $75After Sept 1, 2008 $90 $150

Study Materials Member Non-MemberCPSM Study Guide $59 $89ISM Professional Series (3 book set) $200 $280

(each) $85 $115

Page 23: ISM’s CPSM®

Professional Credentials Department Contacts:

Customer Service: 800-888-6276 ext 401- questions about exam registration

Certification Information line - ext. 3027 Email: [email protected] Althea (Al) Levine - questions regarding

certification and application process ext. 3094 Lyndsey Ferro – administrative support ext. 3044 David Migliore - concerns related to onsite &

computer based testing ext. 3074 Karen Collins - Manager ext. 3123 Christina Foster - VP ext. 3011

Page 24: ISM’s CPSM®

Thank you!