CPSM is the internationally recognized standard of perfection for supply management practitioners worldwide. The Certified Professional in Supply Management credential was developed by ISM, the industry leader in supply management schooling, and has been accepted across industries.

This premier supply management training experience addresses the realities of supply management alongside workplace complexities such as globalization, technological advances, and expanded capabilities that procurement and supply chain staff employ to drive worth in their organizations, based on a thorough examination of supply management functions.

You will have unrivaled supply management certification if you obtain a Certified Professional in Supply Management Exam credential. You will not only stand out from your colleagues, but you will also have advanced knowledge and expertise, as well as a better awareness of the entire supply chain from beginning to end.

A CPSM Exam certification will place you in a position to achieve your personal and professional goals and the stated objectives and results of the businesses you work for.

Continue reading or exploring the blog to learn how you can potentially get started on your CPSM Journey.

 

What is Certified Professional in Supply Chain Management Certification?

The Institute for Supply Administration’s (ISM) Certified Professional in Supply Management certification is recognized worldwide. This certification is the highest standard of excellence for supply-chain management experts, validating their knowledge of critical procurement and procurement topics, as well as negotiation, contracts, and leadership.

The Certified Professional in Supply Management is a worldwide recognized vocational credential issued by the International Society for Supply Management (ISM), one of the world’s largest and most reputable supply-chain management associations. The Certified Professional in Supply Management certification signifies that the person has mastered the core competencies of supply management.

The certification scheme’s emphasis on integrating supply chains and procurement and managerial skills prepares practitioners to think beyond tactical solutions to generate innovative approaches and evolve continuously in a rapidly changing supply management environment.

Since the program’s beginning, ISM has awarded almost 13,000 Certified Professionals in Supply Management and currently has CPSM participants in 68 countries.

What is the CPSM Exam?

Certified Professional in Supply Management Exam is a valuable material of competence for supply management specialists worldwide. The Certified Professional in Supply Management credential was developed by ISM, the industry leader in supply management learning, and has been accepted across industries.

This premier supply managerial education experience addresses the harsh realities of supply management, as well as place of employment complexities such as the rise of globalization utilization of technology, and expanded capabilities that procurement and supply chain executives employ to drive value in their businesses, based on a comprehensive examination of supply management functions.

CPSM Exam highlights supply management’s key competencies, which include:

• Sourcing
• Management of Categories
• Negotiation
• Legal and contractual terms
• Management of Supplier Relationships
• Cost and Price Control
• Financial Evaluation
• Supply Chain Management
• Planning Sales and Operations
• Quality Control
• Material and Logistics Management
• Project Administration
• Leadership and Business Knowledge
• Technology and System Capability
• Risk and Regulation
• Social responsibility for businesses

What are the Three Parts of the CPSM Exam?

The CPSM test (Certified Professional in Supply Management) is divided into three stages, each focusing on a distinct topic of supply management. The ISM offers the Certified Professional in Supply Management certification to examine and certify supply chain practitioners’ skills and expertise. The following is an outline of the three components of the Certified Professional in Supply Management exam:

Exam 1: Foundation of Supply Management

• This is the very first and most important component of the CPSM exam.
• It has 180 multiple-choice questions.
• This section covers purchasing, providing leadership, forecasting, business law, financing, and contracts.
• It evaluates your knowledge of essential supply management ideas and principles.

Exam 2: Effective Supply Management Effectiveness

• This is the following section of the CPSM examination.
• There are also 180 multiple-choice questions.
• This section covers cost and pricing management, negotiation, effectiveness, and managing supplier relationships.
• This section assesses your ability to handle and optimize the performance of your supply chain.

Exam 3: Supply Management Leadership

• The CPSM exam’s third section focuses on leadership and proactive supply management.
• It consists of 180 multiple-choice questions.
• This section contains articles on leadership, sourcing worldwide, risk and regulation, and corporate social responsibility.
• This section evaluates your planning abilities and leadership abilities in supply management.

Each of the three sections assesses your supply management expertise, abilities, and competencies, ranging from fundamental concepts to more complex and strategic areas.

Candidates must complete all three tests to acquire the Certified Professional in Supply Management certification. The ISM establishes a passing total for each exam, and competitors often have a set amount of time to finish each section.

It is critical to examine the ISM’s official web page for the most up-to-date information on the CPSM exam, particular curriculum areas, and exam structure, as specifics can vary over time.

The ISM requires a specific approach to obtain the Certified Professional in Supply Management accreditation.

What are the CPSM Exam Details?

Here are the exam details you must know:

• Exam Name: Certified Professional in Supply Management
• Exam Code: CPSM
• Exam Duration: 180, 165, 165 minutes
• Number of Questions: 180, 165, 165, questions
• Exam Format: MCQs and Multi-Response
• Exam Price: $129 USD (ISM Members), $179 USD (Non-members)
• Exam Language: English

 

CPSM Exam Course Outline

The Certified Professional in Supply Management exam thoroughly examines supply-chain management activities across sectors. Every question stems from the main body of information. The course structure for the professional certification in Supply Management test is as follows.

Core Supply Management – 180 questions

• Sourcing
• Management of Categories
• Negotiation
• Legal and contractual terms
• Management of Supplier Relationships
• Cost and Price Control
• Financial Evaluation

Supply Management Integration – 165 questions

• Supply Chain Management
• Demand Planning — Operations and Sales Planning
• Forecasting for Sales and Operations
• Product and Service Innovation — Sales and Operations Planning
• Quality Control
• Materials and Logistics Management
• Project Administration

Supply Management Leadership and Transformation – 165 Questions

• Strategy Development Requires Leadership and Business Acumen Corporation
• Stakeholder Engagement — Leadership and Business Acumen
• Individual growth and coaching — Leadership and business acumen
• Technology and Infrastructure Capability
• Risk and Regulation
• Integrity and Corporate Social Responsibility

How to Prepare for the CPSM Exam?

Where to begin while preparing for any accreditation or exam should be clear. As a result, Troytec has compiled a list of all the learning steps and resources that will help you succeed and become an accredited professional in Supply Management.

1. Keep Visiting the Official ISM Website

First and foremost, you should go to the ISM’s official website, given that it has the most accurate information regarding the exam. Each of ISM’s qualifications and tests comes with a study guide. The course overview for the Certified Professional in Supply Management certification is now available on the ISM website. The study guide contains the most accurate and up-to-date material about a specific exam. It also provides the exam objectives and essential information.

2. Examine all of the objectives.

The candidate’s preparation for test time is better spent with comprehensive exam objectives since they already know everything to study. This is, by far, the most critical stage in preparing a guide.

Let’s glance briefly at the Certified Professional in Supply Management Exam Objectives.

• Core Supplies Management – 180 questions
• 165 questions about Supply Management Integration
• Supply Management Leadership and Transformation – 165 Questions

3. ISM- My Education

Exam standards guided the development of the CPSM Training Course. Members can utilize this online. It seeks to assist you in comprehending the breadth and depth of knowledge presented in the CPSM & Certified Professional in Supply Management Bridge Exams. It includes the following:

• A job outline based on the CPSM Exam Specification
• A set of slides summarizing topics from the Certified Professional in Supply Management Examination Guide for use in delivering a review
• At the end of each activity, knowledge checks from the present CPSM Course material (recall, awareness, and application queries, as well as debate questions from the case study) are included in the PowerPoint slides.

4. Books and manuals

Books and study materials should be in the following stage in the preparation process. The aspirant must seek literature that is rich in knowledge. Candidates should read certain books and publications that will undoubtedly assist them in learning about the specific exam.

5. Participate in a Study Group

Participating in group research will also benefit the candidate. It will motivate them to work harder. Furthermore, studying in an ensemble will allow them to connect with those on the same route. Likewise, such study groups’ discussions will aid students in their tests.

6. Try out the Troytec Practice Test

Practice tests reassure candidates about their readiness. The practice test will assist candidates in identifying their weak points so they may operate on them.

There are numerous practice tests accessible through the internet these days, so applicants can select which one they like. We also provide Certified Professional in Supply Management test preparation at Troytec, which is highly useful for those who are prepared. Troytec offers the best exam demo to help you pass the exam quickly.

FAQs (Frequently Asked Questions)

What Resources Should I Utilize To Prepare For The CPSM Exams?

ISM provides an array of study tools (both online and in print) to help you prepare for your exams. These are the following:

• Study Materials for Each CPSM Exam (There are three tests in all)
• Professional Series covers each CPSM Exam.
• Diagnostic Kit (includes all three exams).
• Practice Exam.
• Essential Supply Management Terms Terminology

Who Is Eligible To Join ISM?

Any person with a keen interest in supply management may become a Regular Participant or an Affiliate Participant, provided such an individual does not solicit commerce on their or employer’s behalf throughout meetings associated with any ISM activity.

What Are The CPSM Exam Eligibility Requirements?

Applicants need to have three years of full-time competent supply management expertise (non-support) as well as an undergraduate diploma from a locally authorized university or the worldwide equivalent OR Despite a qualified undergraduate degree and five years of full-time, professional experience in supply management (non-clerical, non-support).

Conclusion

The CPSM Accreditation must be updated every three years by completing continuing educational Hours. The certificate must be renewed every three years by completing continued learning Hours (CEHs) through participation in ISM-approved training programs. ISM offers a variety of possibilities for continuing professional development.

It’s critical to visit the ISM website frequently for the latest news on the CPSM accreditation process, such as eligibility requirements, exam specifics, and certification renewal. Following these procedures will assist you in earning and maintaining your CPSM certification, showcasing your supply management skills.