Certified Purchasing Manager (CPM)

Institute for Supply Management (ISM) is the first and largest supply management institute in the world. With it's mission to lead supply management, ISM introduces the Certified Professional in Supply Management (CPSM) qualification as the next step- forward in the profession. Endorsed by business and thought-leaders across the globe, the knowledge, skills and abilities represented in the CPSM are essential for successful 21st century strategic supply management operation.

The world is changing. Globalization, increased cost pressures and competition have elevated the profession beyond its former scope. Senior management teams now look for supply managers with expertise in multiple disciplines within supply management.

This certification replaces the Certified Purchasing Manager (CPM) that will be discontinued December, 2008. Those holding a CPM certification are able to take an 180- question “bridge” examination to achieve this CPSM certification. (see below)

Module I: Foundation of Supply Management

·         Contracting and Negotiations

·         Cost and Finance

·         International

·         Social Responsibility

·         Sourcing

·         Supplier Relationship Management

Module II: Effective Supply Management Performance

·         Forecasting

·         Logistics

·         Materials and Inventory Management

·         Organizational/Departmental Assessment

·         Planning

·         Product Development

·         Project Management

·         Quality

Module III: Leadership in Supply Management

·         Leadership

·         Risk and Compliance

·         Strategic Sourcing

Topics included within this Supply Chain Knowledge Base include:

      Balanced Scorecard

      Benchmarking*

      Change Management*

      Compliance and Regulatory Issues*

      Customer Relationship Management*

      Disposition/Investment Recovery

      Distribution

   Requirements Planning

      o   Global Logistics and International Business*

      o   Transportation/Traffic/Shipping

      o   Packaging

      E-Business*

      Forecasting

      Information Technology

      o   ERP in Supply Management

      o   Electronic Data Transfer  (RFID/EDI/APO/APS)

      Manufacturing Planning and Control*

      o   Business Planning

      o   Sales & Operations Planning

      o    Master Scheduling

      o   Material Requirements Planning

      o   Capacity Requirements Planning

   o   Inventory management

      Materials Management

      Outsourcing (Make vs Buy)*

      Performance Metrics*

      Product/Service  Deployment

      Purchasing/Procurement

      Quality*

   o   Six Sigma

   o   Lean Manufacturing

   o   Theory of Constraints

      Strategic Sourcing

      Supply Chain Management

      Supplier Relationship Management*

      Value Networks

Note: Those items identified above with an asterisk (*) include supplementary material to the CPSM knowledge base

Workshop Options:

Ø  Take this workshop as a knowledge- only workshop. Participants will be given assignments including review questions and case studies between sessions related to their individual work environment.

Ø  Take this workshop to acquire knowledge and prepare for the ISM Certified Professional in Supply Management (CPSM) examination.  In addition to normal participation materials participants will be given exam preparation materials, including Practice Questions, to help them prepare for examination.

  The criteria for earning the CPSM qualification are:

• 5 years of full-time, professional, nonclerical, nonsupport supply management experience.

• 4-year degree from a regionally accredited college or university

• Passing the three CPSM exams   

Ø  Combination of above two options with some participants taking the ISM Certified Professional in Supply Management (CPSM) examination.

Course Length:

Course length is a twenty-four (24) hours but, will be extended based on the extent you want your own company Supply Chain practices reviewed/discussed/constructively challenged in sessions.

Note: Preferred in-house delivery (non-public) is in increments less than 8 hours daily. Flexibility to match your delivery requirements is possible.

Bridge Examination Workshop:

A twelve (12) hour workshop is available for those individuals with a Certified Purchasing Manager (CPM) accreditation to prepare them to take one 180-question test covering material not covered in the CPM test …….which  upon passing allows them to be accredited  as a CPSM

Resources for Workshop:

1. Supply Chains: A Manager’s Guide . David A. Taylor. Boston. MA: Addison-Wesley. 2004.
   
2. Introduction to Materials Management. 5th ed. J. R. Tony Arnold and Stephen N. Chapman. Upper Saddle River. NJ: Pearson Prentice Hall. 2004.
   
3. Principles of Operations Management. 5 th ed. Jay Heizer and Barry Render. Upper Saddle River. NJ: Pearson Prentice Hall. 2004.
   
4. Designing and Managing the Supply Chain. Concepts Strategies & Case Studies. 2 nd ed. David Simchi-Levy, Philip Kaminsky, and Edith Simchi-Levi. Boston. MA: McGraw-Hill Irwin. 2003.
   

5. Finance for Managers (Harvard Business Essentials)
   

6. The Lean Extended Enterprise: Moving Beyond the Four Walls to Value Stream Excellence
   by Terence T. Burton (Author), Steven Broeder (Author)
   

7. Protecting Your Company's Intellectual Property: A Practical Guide to Trademarks, Copyrights,
   Patents & Trade Secrets by Deborah E. Bouchoux (Author)
   

8. Quality Essentials: A Reference Guide from A to Z by Jack B. Revelle (Author)
   

9. Strategic Supply Chain Management by Shoshanah Cohen (Author), Joseph Roussel (Author)
   

10. Strategy: A View From The Top (An Executive Perspective) (Paperback) by Cornelis A.; Pearce, John A.
       DeKluyver (Author)
    

11. Guide to Business Planning (The Economist Series) by Graham Friend (Author), Stefan Zehle (Author)
    

12. The Supply Mangement Handbook, 7th Ed by Joseph L. Cavinato (Author)
    

13. Implementing World Class Manufacturing, Business manual by Larry Rubrich (author) and Mattie
    Watson (author)