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Institute for Supply Management™ Certified Professional in Supplier Diversity (CPSD™) Certification The importance of credentials and establishing yourself as an industry professional. .

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Page 1: Institute for Supply Management™ Certified Professional in Supplier Diversity (CPSD™) Certification The importance of credentials and establishing yourself

Institute for Supply Management™

Certified Professional in Supplier Diversity (CPSD™)

Certification

The importance of credentials and establishing yourself as an industry

professional.

.

Page 2: Institute for Supply Management™ Certified Professional in Supplier Diversity (CPSD™) Certification The importance of credentials and establishing yourself

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

Page 3: Institute for Supply Management™ Certified Professional in Supplier Diversity (CPSD™) Certification The importance of credentials and establishing yourself

Founded in 1915100 years of Leading and Learning

Non-Profit Educational Association

80 Countries160 Affiliates (12 Intl)

Certifications• CPSM™ • CPSD™

Lead through standards• Excellence• Research• Promotional Activities• Education

Monthly • ISM Report On

Business®

World’s 1st Supply Management Institute(100th Anniversary – 2015)

Enhance the Value and Performanceof

Procurement and Supply Chain Management PractitionersAnd

their organizations worldwide.

47,000 Supply Management Professionals

Page 4: Institute for Supply Management™ Certified Professional in Supplier Diversity (CPSD™) Certification The importance of credentials and establishing yourself

1960’s 1970’s 1980’s 1990’s 2000 Today

USRight Thing1971 MBDA1972 NMSDCSBA MBE Loans

US 1969 EO 11458

USComplianceSBA Focus ExpandedReporting

USNMSDC RenaissanceProgram Growth

US ROIAwards/RecognitionNMSDCWBENCGBLTGlobal

USMetric DrivenCPSD™, CPSM®Supply Chain Professionals

HISTORY OF SUPPLIER DIVERSITY

US- Canada – UK – Brazil – Africa - Australia

B

Page 5: Institute for Supply Management™ Certified Professional in Supplier Diversity (CPSD™) Certification The importance of credentials and establishing yourself

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

Page 6: Institute for Supply Management™ Certified Professional in Supplier Diversity (CPSD™) Certification The importance of credentials and establishing yourself

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).

Page 7: Institute for Supply Management™ Certified Professional in Supplier Diversity (CPSD™) Certification The importance of credentials and establishing yourself

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

Page 8: Institute for Supply Management™ Certified Professional in Supplier Diversity (CPSD™) Certification The importance of credentials and establishing yourself

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

Page 9: Institute for Supply Management™ Certified Professional in Supplier Diversity (CPSD™) Certification The importance of credentials and establishing yourself

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]

Page 10: Institute for Supply Management™ Certified Professional in Supplier Diversity (CPSD™) Certification The importance of credentials and establishing yourself

Suggested study materials• CPSD™ Exam 2 Online Review Course• CPSD™ Exam 2 Self-Study Workbook• CPSD™ Foundation of Supply Management Self-

Study 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]

Page 11: Institute for Supply Management™ Certified Professional in Supplier Diversity (CPSD™) Certification The importance of credentials and establishing yourself

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 #1: Pass both exams: CPSD™ Exam 2 & CPSD™ Exam 1 Foundation of Supply Management (aka

CPSM® Exam 1) [Cont’d]

Page 12: Institute for Supply Management™ Certified Professional in Supplier Diversity (CPSD™) Certification The importance of credentials and establishing yourself

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, 1-800-888-6276, 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

Page 13: Institute for Supply Management™ Certified Professional in Supplier Diversity (CPSD™) Certification The importance of credentials and establishing yourself

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

Page 14: Institute for Supply Management™ Certified Professional in Supplier Diversity (CPSD™) Certification The importance of credentials and establishing yourself

• Shows Value

• Market Yourself

• Stay Up to Date

• Unbiased barometer of your skills

• Show skills current

• Shows Initiative

• Separates from Peers

Why Get Certified If You Know How To Do Your Job?

• 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

Page 15: Institute for Supply Management™ Certified Professional in Supplier Diversity (CPSD™) Certification The importance of credentials and establishing yourself

“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

Page 16: Institute for Supply Management™ Certified Professional in Supplier Diversity (CPSD™) Certification The importance of credentials and establishing yourself

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 examStep 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.

Page 17: Institute for Supply Management™ Certified Professional in Supplier Diversity (CPSD™) Certification The importance of credentials and establishing yourself

Questions?

Certification team at 1 480-752-6276, option 5 OR [email protected]