Certified Professional in Supply Management – Mock Test
CPSM (Certified Professional in Supply Management) is globally recognized as the gold standard of excellence for supply management professionals, in both the manufacturing and non-manufacturing sectors. Built on an in-depth analysis of supply management functions across industries, the program addresses the realities of supply management, as well as workplace complexities including globalization, use of technology, and expanded competencies that procurement and supply chain professionals employ to drive value in their organizations.
By earning a CPSM designation, you attain a greater understanding of end-to-end supply management and are better positioned to positively impact your organization.
CPSM emphasizes the major competencies of supply management including:
Legal and Contractual
Supplier Relationship Management
Cost and Price Management
Supply Chain Strategy
Sales and Operations Planning
Logistics and Material Management
Leadership and Business Acumen
Systems Capability and Technology
Risk and Compliance
Corporate Social Responsibility
Positively Impact Organizations
CPSM candidates have demonstrated knowledge of the cross-functional skills that enable them to contribute value and lead their organization in today’s global economy. CPSM emphasizes major segments of the supply management profession, all critical to their employer’s success. They demonstrate a dedication to their profession and to continuous professional development. Senior supply management executives often find value in using CPSM certification as a development tool for their entire organization, to ensure that everyone shares a common understanding of the skills required by the profession.
To be eligible, candidates must have:
Three years of full-time, professional supply management experience (nonclerical and nonsupport) with a bachelor’s degree from a regionally accredited institution or international equivalent.
Five years of full-time, professional supply management experience (nonclerical and nonsupport) without a qualified bachelor’s degree.
Earning a CPSM Certification requires you to take and pass three exams which together cover the main segments of supply management. The exam content addresses today’s procurement and supply chain environment and workplace complexities such as risk, strategic sourcing, technology and increased skills needed for supply professionals to drive value in their organizations.
Once you pass all exams, you are required to submit an application for the CPSM Certification. Your exam scores are valid for four years, and you must submit your application while all exam scores are valid.
CPSM Exams include:
Supply Management Core (180 Questions — 3 hours)
Supply Management Integration (165 Questions — 2.75 hours)
Leadership and Transformation in Supply Management (165 Questions — 2.75 hours)
Member $229 USD/ Nonmember $379 USD
Candidates must pass each exam with a minimum scaled score of 400 regardless of the number of questions in that exam.