Institute for Supply Management™ Certified Professional in Supplier Diversity (CPSD™) Certification The importance of credentials and establishing yourself as an industry professional. .
Download ReportTranscript Institute for Supply Management™ Certified Professional in Supplier Diversity (CPSD™) Certification The importance of credentials and establishing yourself as an industry professional. .
Institute for Supply Management™ Certified Professional in Supplier Diversity (CPSD™) Certification The importance of credentials and establishing yourself as an industry professional. . Session Objectives: • Quick Overview of the CPSD™ Certification • How to prepare to take the CPSD™ Certification exams • Pricing for CPSD™ Study Materials • Where to take the exams • Why I should consider obtaining CPSD™ Certification Founded in 1915 100 years of Leading and Learning World’s 1st Supply Management Institute (100th Anniversary – 2015) Non-Profit Educational Association 80 Countries 160 Affiliates (12 Intl) Certifications • CPSM™ • CPSD™ Lead through standards • Excellence • Research • Promotional Activities • Education Monthly • ISM Report On Business® Enhance the Value and Performance of Procurement and Supply Chain Management Practitioners And their organizations worldwide. 47,000 Supply Management Professionals HISTORY OF SUPPLIER DIVERSITY US- Canada – UK – Brazil – Africa - Australia 1960’s US 1969 EO 11458 1970’s 1980’s US Right Thing 1971 MBDA 1972 NMSDC SBA MBE Loans US Compliance SBA Focus Expanded Reporting 1990’s US NMSDC Renaissance Program Growth 2000 Today US ROI US Awards/RecoMetric gnition Driven NMSDC CPSD™, WBENC CPSM® GBLT Supply Cha Global Profession B What is the CPSD™ Certification? • CPSD™ Launched - January 2011 • Professionals within SC who oversee the function of supplier diversity (i.e., Director of Procurement; VP, Outsourcing and Supplier Diversity) • Professionals whose responsibilities include supplier diversity activities (i.e., Strategic Sourcing Manager, Category Manager, Buyer) • New and tenured SC professionals who desire to acquire, understand and demonstrate competency in all aspects of supply chain including supplier diversity • Equips professionals with the knowledge and business competencies needed to enhance job performance. – Example(s): • • • • Sourcing/Supplier Development Finance/Budgeting Metrics/Oversight Contract Negotiation Two Eligibility requirements for CPSD™ Certification Requirement #1: Pass both the CPSD™ Exam 2 & CPSD™ Exam 1 Foundation of Supply Management (aka CPSM 1 Foundation of Supply Management) Reminder: You can take these exams in any order. Requirement #2: Three years of professional supplier diversity or supply management experience IF the candidate has a bachelor's degree OR minimum of five years professional supplier diversity or supply management experience (does not need to be primary function). Requirement #1: Pass both exams: CPSD™ Exam 2 & CPSD™ Exam 1 Foundation of Supply Management (aka CPSM® Exam 1) CPSD™ 2 Essentials in Supplier Diversity Exam • • • • 120 Questions Maximum allotted time for • this exam is 2 hours. • Knowledge Areas: – – – – – – Policies and Planning Sourcing/Supplier Development Finance/Budgeting Metrics/Oversight Training and Development Advocacy/Marketing/ Outreach CPSD™ 1Foundation of Supply Management (aka CPSM® Exam 1) 165 questions on the exam Maximum allotted time for this exam is 2 hours and 45 minutes Knowledge Areas: – – – – – – Contracting/Negotiations Cost/Finance International Social Responsibility Sourcing Supplier Relationship Management Requirement #1: Pass both exams: CPSD™ Exam 2 & CPSD™ Exam 1 Foundation of Supply Management (aka CPSM® Exam 1) [Cont’d] CPSD™ Exam 2 Essentials in Supplier Diversity Blueprint CPSD™ Exam 1 Foundation of Supply Management (aka CPSM® Exam 1) Exam Blueprint Requirement #1: Pass both exams: CPSD™ Exam 2 & CPSD™ Exam 1 Foundation of Supply Management (aka CPSM® Exam 1) [Cont’d] Preparing to take both CPSD™ Certification Exams • Before taking the CPSD™ 1 Foundation of Supply Management exam(aka CPSM® Exam 1), it is beneficial to take the CPSD™ Diagnostic Practice Exam. This test will identify areas you need to focus on. • Before taking the CPSD™ 2 exam, it is beneficial to take the CPSD™ 2 Exam Review course which includes a post test. This test will identify areas you need to focus on. Requirement #1: Pass both exams: CPSD™ Exam 2 & CPSD™ Exam 1 Foundation of Supply Management (aka CPSM® Exam 1) [Cont’d] Suggested study materials • CPSD™ Exam 2 Online Review Course • CPSD™ Exam 2 Self-Study Workbook • CPSD™ Foundation of Supply Management SelfStudy Workbook • ISM Professional Series CPSM® Volume 1 • CPSM® Diagnostic Kit - paper based or web based • CPSM® Exam 1 – Online Review Course Requirement #1: Pass both exams: CPSD™ Exam 2 & CPSD™ Exam 1 Foundation of Supply Management (aka CPSM® Exam 1) [Cont’d] Preparing to take both CPSD™ Certification Exams • Set a goal and create a time line • Start or join a CPSD™ Study Group • Join the CPSD™ LinkedIn group (Over 700 Members) • Ask local ISM-Affiliate to host CPSD™ Certification Study Exam Courses. Provide them with my contact information. Requirement #2: Professional Experience • Three years of professional supplier diversity or supply management experience IF the candidate has a bachelor's degree OR minimum of five years professional supplier diversity or supply management experience (does not need to be primary function). • Contact Ms. Al Levine, ISM Certification Department, 1-800-8886276, extension 3094 or [email protected] – Send in your documents to be reviewed – The ISM Certification Department will contact you to confirm your status before taking the exam Where can I take both CPSD™ Certification exams? • Electronically – Your local PearsonVue Test Center www.pearsonvue.com/ism – Onsite at your Location with groups of 5 or more • Must be able to provide computers – At your local ISM-Affiliate when available • Contact Rainey Alben, Diversity Director, [email protected] to coordinate dates/times with your local affiliate – At Community-Partner National Events with groups of 5 or more Why Get Certified If You Know How To Do Your Job? • Shows Value • Market Yourself • Stay Up to Date • Unbiased barometer of your skills • Show skills current • Shows Initiative • Separates from Peers • Verifies to management that certification body is effectively validating your skills for them • Keeps you valuable and marketable in the event of a slowdown, takeover, merger, etc. • Provides you with personal satisfaction that you’ve mastered new material • Must keep up to date for the benefit of career, internal and external customers you serve “My CPSD™ and CPSM® certifications had an immediate impact by providing me with a significant and unchallengeable advantage. I was recently appointed by Virginia’s Governor to serve as the state’s first director of supplier diversity. During the comprehensive vetting process, the administration saw they needed someone with credibility in both the procurement and supplier diversity communities.” — Mark S. Cartwright, CPSM®, CPSD™ Senior Director of Supplier Diversity, Novation Your Next Step: 5 Steps to preparing for the CPSD™ Exams Step 1: Download and Review CPSD™ Certification Exam Specifications for both exams. Step 2: Set a goal or timeline for taking your first exam Step 3: If unsure about professional experience, contact Ms. Al Levine, ISM Certification Department, 1-800-888-6276, extension 3094 or [email protected] . Step 4: Order your CPSD™ Certification Study Materials TODAY. https://www.instituteforsupplymanagement.org/products/results. cfm?MetaDataID=618 Step 5: Send an email to [email protected] to schedule an study course/exam onsite at your office if you have group of 5 or more. Questions? Certification team at 1 480-7526276, option 5 OR certification@instituteforsupplymana gement.org