Overview

Whether you're a purchasing or supply management professional seeking to validate the skills and knowledge acquired through years of practical experience, or a relative newcomer to the field looking to strengthen your resume, the C.P.M. certification from the Institute for Supply Management (ISM) provides you with the means to do so.

The Purchasing and Supply Manager's Guide to the C.P.M. Exam was developed to help you prepare for the four modules that comprise the C.P.M. exam, and includes additional study tools designed to reinforce understanding of crucial subject areas.

Key Topics Include:

  • Purchasing Process. Identifying requirements, preparation of solicitations, supplier analysis, contract execution, implementation, and administration.
  • Supply Environment. Negotiations, information technology, quality issues, internal relationships, and external relationships.
  • Value Enhancement Strategies. Sourcing analysis, supply and inventory management, value enhancing methods, forecasting and strategies.
  • Management. Management and organization, and human resource management.

This Study Guide is not sponsored by, endorsed by, or affiliated in any way with the Institute for Supply Management (ISM). ISM and C.P.M. are trademarks or registered marks of the Institute for Supply Management. This publication may be used in assisting students to prepare for the C.P.M. exam, but neither Harbor Light Press nor ISM warrants that use of this publication will ensure passing of the exam.

Table of Contents

Part I Operational Purchasing Practices - Procurement and Best Business Practices - Sourcing - Selecting Suppliers and Measuring Performance - Administering Contracts - Administering Contracts for Supplier Compliance

Part II Managing Systems and Relationships - Managing Negotiations - Using Computer-Based Systems - Managing Quality - Maintaining Internal Relations - Supplier Relationship Management

Part III Providing Added Value - Making Sound Sourcing Decisions - Managing Material and Supply Operations - Adding Value to the Organization - Strategic Procurement Planning

Part IV Leading the Procurement Organization - Managing the Procurement Organization - Managing Human Resources 

Review from Venkadesh Narayanan, Principal Consultant, Fhyzics