The Certified professional in Supply Management is a certification that is needed by supply management professionals. This certification is necessary for professionals who want to carve a niche for themselves in the field of supply management. To become a successful supply management professional one needs the CPSM certification. The criteria for CPSM qualification is a three years full time, professional supply management experience which should be non-clerical and non-support. The candidate should have a Bachelor's degree from a regionally accredited institution or international equivalent. The phrase 'regionally accredited' here means that the bachelor's degree should be earned from a college or a university which is recognized by one of the six US accrediting organizations listed with the council for higher education Accreditation.
If you have earned your bachelor"s degree outside the US then you need not worry. The Institute of Supply Management is working in collaboration with several countries to accept the Ministry of Educations accredited institutions. ISM updates the list of approved countries regularly. But it is recommended to the students that to use the services of Educational credential Evaluators (ECE). Over a period of time, ISM has made a list of various degree programs that our applicants have evaluated by ECE.
The candidate should pass three CPSM exams or if the candidate is already a C.P.M, then he should pass the Bridge exam.
The CPSM consists of three set of exams.
Foundation of Supply Management:
Cost & Finance
Contracting & Negotiation
Supplier Relationship Management
Effective Supply Management:
Mats & Inventory Management
Organization/ Department Assessment
Leadership in Supply Management
Risk & Compliance
To pass the CPSM a candidate should obtain a score of 400 no matter what is the number of questions in the exam. It is noteworthy here that the content of the exam remains the same but the type of questions will change. The process of equating is used to compensate the variations in the difficulty of the tests.
The syllabus of the CPSM exam is very elaborate and therefore one needs to study in an organized manner to pass it. One can study with the help of CPSM Exam simulator. They give the feel of the real test and help to prepare for the CPSM exam in a thorough manner. The program is easily available online and one can get it at a reasonable price.