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Certification Path for CPSM® Certified Professional in Supply Management®
The exam does not have any certificate pre-requisite but demands the following before a candidate can sit for an exam:
- You're a master with regards to work processes, plans, and different highlights accessible through supply chains
- You can keep supply chains sound since you handle what your decisions mean for supply chains' exhibition, adaptability, and everyday sensibility
- You have 2-3 years of involvement controlling stock chains
- You can decipher and make an interpretation of business necessities to supply chains
- You realize how to exploit store network assets and local area to help your group carry out accepted procedures inside supply chains
Understanding functional and technical aspects of CPSM® Certified Professional in Supply Management® Manage Content/ Monitor & Maintain
The following will be discussed in ISM CPSM exam dumps:
- Develop cost management program strategies for purchases
- Conduct spend analysis to determine strategies for specific categories
- Track and validate cost savings and cost avoidance
- Perform cost/benefit analyses
Exam Topics for CPSM® Certified Professional in Supply Management®
The following will be discussed in ISM CPSM exam dumps:
- Supply Management Integration
- Leadership and Transformation in Supply Management
- Supply Management Core
Reference: http://www.ism-nva.org/exam-1-cpsm-foundation-of-supply-management.html
ISM CPSM Korean Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Cost and Price Management | 7% | - Cost modeling and price analysis - Total Cost of Ownership (TCO) analysis - Cost reduction and value analysis |
| Negotiation | 15% | - Negotiation planning and strategy - Concession and agreement finalization - BATNA and target setting - Conducting negotiations and conflict resolution |
| Sourcing | 25% | - Supplier qualification and selection - Market analysis and supplier identification - Needs assessment and sourcing planning - RFx development and solicitation - Make-or-buy and insourcing/outsourcing decisions |
| Legal and Contractual Issues | 15% | - Terms and conditions, Incoterms® - Compliance, ethics, and legal obligations - Contract formation and administration - Contract types and structures |
| Financial Analysis | 3% | - Financial statements and supplier financial health - Budgeting and cost control |
| Category Management | 20% | - Category strategy development - Performance and risk management by category - Spend analysis and segmentation |
| Supplier Relationship Management | 15% | - Risk mitigation and supplier development - Supplier performance measurement - Collaboration and continuous improvement |
