Institute of Supply Management

The Institute for Supply Management® (ISM) is the first and largest not-for-profit professional supply management organization worldwide. Founded in 1915, ISM's mission is to lead the supply management profession through its excellence, research, and education standards. Over 50,000 members across 100 countries.

 

For more than a century, the Institute for Supply Management® (ISM) has impacted supply management and the purchasing profession through best-in-class education, certification, leadership development, and research. ISM's coveted certifications include the Certified Professional in Supply Management (CPSM) and the Certified Professional in Supplier Diversity (CPSD) credentials. 

 

ISM defines supply management as the identification, acquisition, access, positioning, and management of resources and related capabilities an organization needs to attain its strategic objectives.

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Certified Professional in Supply Management – CPSM

 

CPSM® is globally recognized as the gold standard of excellence for supply management professionals. Developed by ISM, the CPSM® credential is recognized across industries defining professional skill in the realities of supply management and workplace complexities, including globalization, use of technology, and expanded competencies that supply chain and procurement professionals employ to drive value in their organizations.

 

Certified Professional in Supplier Diversity - CPSD

 

CPSD® certification is one of the few that exist in this growing and much-needed specialization area of supply management. Over 95% of Fortune 500 companies have supplier diversity programs that target historically underutilized businesses, expand buyers' choice, and boost innovation, competitiveness, and market knowledge. Professionals in this space are passionate about what we do and the positive impact on their organizations throughout the world. 

 

CPSM & CPSD emphasizes the major competencies of supply management, including:

 

• Strategic Sourcing

• Leadership, Financial, and Business Acumen

• Category & Omni-Channel Management

• Negotiation and Contract Management

• Supplier Relationship Management

• Cost and Price Management

• Financial Analysis

• Supply Chain Strategy

• Sales and Operations Planning

• Warehousing / Distribution / Fulfillment 

• Logistics and Material Management

• Inventory Control

• Manufacturing 

• Materials Management

• Packaging

• Quality Management

• Product / Service Development

• Purchasing / Procurement

• Transportation / Traffic / Shipping

• Systems Capability and Technology

• Risk and Compliance

• Corporate Social Responsibility

• Sustainability with Innovation

• Business Continuity Planning