ISM Expands Requirements for Its Procurement and Supply Chain Certification
22 Mar, 2013
Institute for Supply Management™ (ISM) has revealed new requirements for its Certified Professional in Supply Management® (CPSM®) program. Effective immediately, ISM expanded the eligibility requirements for the CPSM® certification to include a pathway for individuals who do not have a qualified degree. Qualified professionals without a degree who meet a higher threshold of applicable years of work experience may now obtain the CPSM® credential.
New CPSM® requirements are:
- Three years of full-time, professional supply management experience with a regionally accredited bachelor's degree or international equivalent
- Five years of full-time, professional supply management experience without a qualified degree
- Pass three CPSM® Exams, or one Bridge Exam for current C.P.M.s
Additionally, individuals who hold an active Certified Purchasing Manager (C.P.M.) certification, regardless of their degree status, may now explore the path to achieve the CPSM® as long as they pass one exam that bridges the content from the C.P.M. to the CPSM®.
ISM CEO Thomas W. Derry stated that pathways to the CPSM® have been opened for degreed and non-degreed professionals alike. "The expanded CPSM® eligibility requirements acknowledge the value of the expertise practitioners acquire with experience." Derry said. "A broader range of procurement and supply chain practitioners now have the opportunity to possess a globally recognized credential to strengthen their position in the global marketplace."
ISM's decision to modify the CPSM® requirements expands the global strength of the CPSM® program for procurement and supply chain professionals. With the expansion of the CPSM® requirements, testing for the Certified in Supply Management™ (CSM™) certification is no longer available.
Institute for Supply Management™ (ISM) is the first supply management institute in the world. Founded in 1915, ISM's mission is to enhance the value and performance of procurement and supply chain management practitioners and their organizations worldwide. By executing and extending its mission through education, research, standards of excellence and information dissemination — including the renowned monthly ISM Report On Business® — ISM maintains a strong global influence among individuals and organizations. ISM is a not-for-profit educational association that serves professionals with an interest in supply management who live and work in more than 80 countries. ISM offers the Certified Professional in Supply Management® (CPSM®) and Certified Professional in Supplier Diversity® (CPSD™) qualifications, and is a member of the International Federation of Purchasing and Supply Management (IFPSM).