"Expanding the Boundaries of Knowledge"

CPSM Exam Preparation - Exam 1
“Foundation of Supply Management”

This program aids in preparing candidates for one of the three exams that are the cornerstone of the Institute for Supply Management’s (ISM) certification process. This workshop focuses on the twenty-five tasks designated by ISM for Exam 1 titled “Foundation of Supply Managment”.  The program's interactive format includes lecture and discussion, examples, exercises and practice exam questions and review. It is supported with a PowerPoint presentation and a bound handout and is suitable for a wide range of purchasing and supply professionals.

 

Targeted Areas of Knowledge

Task
Description
Task
Description

1-A-1

Bids, Quotations & Proposals

1-D-1
Code of Business Conduct
1-A-2
Negotiation Preparation
1-D-2
Environmental Responsibility
1-A-3
Lead/Conduct/Support Negotiation
1-D-3
Supply Chain Safety
1-A-4
Issue Purchase Orders & Contracts
1-E-1
Analyze Potential Sources
1-A-5
Contract Administration
1-E-2
Evaluate Competitive Offers
1-B-1
Budgeting
1-E-3
Supply Strategies
1-B-2
Cost Management
1-F-1
Supply Base Rationalization
1-B-3
Spend Analysis
1-F-2
Supplier Relationships
1-B-4
Cost/Benefit Analysis
1-F-3
Supplier Diversity
1-B-5
Financing & Leveraging Strategies
1-F-4
Supplier Qualification
1-C-1
Assess International Markets
1-F-5
Supplier Performance
1-C-2
Develop International Sources
1-F-6
Supplier Exit Strategies
1-C-3
Documenting Cross-Border Transactions
 

Most Likely to Attend

This program is especially valuable to candidates pursuing either the Certified Professional in Supply Management (CPSM) credential. It also has value for supply management professionals interested in expanding their knowledge of the areas described in the outline; for experienced professionals wishing to refresh and update their skills; and personnel who interface with purchasers or suppliers, including those from quality, engineering, finance, production, transportation, distribution and engineering.

Participants Will Take Away

  • New knowledge related to tasks required for success with Exam 1 of the CPSM Exams
  • Improved understanding of exam process and test taking skills
  • Suggested supplemental reading to support individual learning needs
  • Certificate of program completion with continuing education hours (CEHs)

 

 

 
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