Certified Professional in Supply Management (CPSM)
Institute for Supply Management
CPSM® is globally recognized as the gold standard of excellence for supply management professionals. Developed by ISM, the leader in supply management education, the CPSM® credential is recognized across industries.
Duration
Not specified
Credits
Not specified
Cost
Member Price: $1,262.25 List Price: $1,848.75
Format
Hybrid
What You'll Learn
AI-generatedKey competencies developed through this program
- KnowledgeEvaluate total cost of ownership and value propositions when assessing supplier proposals and contracts.Proficient
Skills developed through this program
- Assess stakeholder needs and develop sourcing plans through analysis of potential sources, insourcing/outsourcing strategy, and strategic sourcing execution
- Prepare and evaluate competitive solicitations including bids, quotations, and proposals aligned with cost, timing, and contract requirements
- Develop and execute category management plans to meet organizational key objectives
- Prepare and conduct negotiations using strategies and tactics aligned with organizational objectives
- Manage contract preparation, award, administration, and legal review to ensure supply management compliance
- Develop and manage supplier relationships through qualification planning, performance evaluation, SLA reviews, business reviews, and supplier exit strategies
Occupations this program prepares you for
Detailed information about this program
CPSM® is globally recognized as the gold standard of excellence for supply management professionals. Developed by ISM, the leader in supply management education, the CPSM® credential is recognized across industries. Created from in-depth analysis of supply management functions, this premier supply management training experience addresses the realities of supply management, as well as workplace complexities including globalization, use of technology, and expanded competencies that supply chain and procurement professionals employ to drive value in their organizations. By earning a CPSM® designation, you will have an unparalleled supply management certification. Not only will you stand apart from your peers, you will have advanced skills and knowledge and a greater understanding of end-to-end supply chain. A CPSM® certification will position you to obtain both your personal career goals and to support the goals and outcomes of the organizations for which you work. CPSM® emphasizes the major competencies of supply management including: Sourcing Category Management Negotiation Legal and Contractual Supplier Relationship Management Cost and Price Management Financial Analysis Supply Chain Strategy Sales and Operations Planning Quality Management Logistics and Material Management Project Management Leadership and Business Acumen Systems Capability and Technology Risk and Compliance Corporate Social Responsibility
What you need to earn this credential
Internship/Fieldwork/Practicum Requirements
You will need the following professional experience and/or education: Three years of full-time, professional supply management experience (non-clerical and nonsupport) with a bachelor's degree from a regionally accredited institution or international equivalent; -OR- Five years of full-time, professional supply management experience (non-clerical and nonsupport) without a qualified bachelor's degree.
Eligible funding programs
No funding information available.
Scholarships
No scholarships listed.