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