Inside Supply Management Magazine
ISM® Unveils New CPSM®Exam Content and Learning System
Institute for Supply Management® (ISM®) unveiled its new CPSM® Learning System during ISM2018 in Nashville, Tennessee. An innovative approach to studying that allows CPSM candidates to tailor their study plan to their individual needs, the new CPSM Learning System addresses the fact that the fundamental competencies for success in supply management are continually evolving — from category management to sales and operations planning (S&OP).
In addition, ISM has updated its course content for the CPSM designation. The update to the CPSM exam content ensures the certification’s relevancy to the modern supply management professional.
"As an organization dedicated to advancing supply management professionals and their companies, we are committed to meeting practitioners' current needs. The latest CPSM updates reflect the rapid transformation of the profession, and open up new opportunities for supply management professionals to add value," said Thomas W. Derry, Chief Executive Officer, ISM.
To meet the individual preferences of today's mobile supply management professionals, the "delivery" of the program has also changed. For the first time, ISM is aggregating all of its CPSM study material through one convenient, all-inclusive, digital application. Connecting from their computers, tablets or phones, candidates can build a customized a study plan, and interactive tools will remind them of deadlines and keep them on pace. Comprehensive study guides and exam overviews, practice exams, games, and flashcards are all available for a highly customized learning approach.
The CPSM certification from ISM demonstrates mastery of critical competencies in procurement and sourcing, negotiating, contracts and leadership, and is considered the global gold standard for supply management expertise and achievement. Updated every few years, based on input from thousands of practitioners, the program includes new content on global supply management, technology, and risk and business acumen, in addition to S&OP and category management. It closely aligns with the ISM Mastery Model®, which provides a roadmap for supply management success at all career stages.
Those practitioners interested in finding out more information about the CPSM program, can visit bit.ly/2wQGD5e. Corporate leaders wanting to bring the program to their global teams can contact ISM Corporate Services at bit.ly/2rgWC8g.