Those planning to get a CPSM certification have apprehensions of registering for reasons they have no or half baked knowledge on what covers the examination. They have the notion that since this is a complex, multi task responsibility; there are lots of subjects that needs to be tackled.

To give an overview of what the examination covers for the benefit of those who will take the exam or those who are still planning on registering, everything will be discussed here points by points.

First, to give an overview, all subject matters that are tackled address the realities of the function of a Supply Manager. As have known, the scope and responsibilities of a Supply Manager cover a broad spectrum from supply managing, appropriate use of technology and workplace crisis and complexities. These are broken into cell topics and put into simplified forms for an examinee to understand and digest easily.

2015 Schedule

 

As discussed on previous articles, subjects such as logistics, procurement and purchasing, distribution and warehousing are some of the key subjects that need to be given importance. But in addition, there are still other topics to be given value during the review and that would be investment recovery, strategic sourcing, outsourcing issues and product development.

Investment recovery refers to recovering the value of an asset that is not of use to a company. Investment recovery starts with accounting of the company’s asset that’s already idle and need to be disposed or reuse reclaiming substantial value in the process.

Strategic sourcing is another component of Supply management, which pertains to the continues reevaluation activities of the purchases and its activities involved of which aims for getting the best product and services for the leverage of the company’s profit. This doesn’t involve a one time process all outcomes are based on analysis and marketing intelligence of collaborative approach of all concerned in the business.

Outsourcing issues. First, let’s address what outsourcing is. It’s an act providing services to another company or simply contracting a task outside the company.  One outsourcing issue is a quality problem. The company or manufacturer that is involved in outsourcing is only motivated by the profit involved based on the quantity of the product; they are not much keen about the quality of the product they are producing. They are covered by the contract of agreement, so as long they follow what is stipulated in the contract, then so be it and in the event of economic fluctuation you have to pay them the agreed cost and labor for the product.

Another issue is about trade secrets, outsourcing means that a company has to share the confidentiality of its product, especially the product confidentiality on its formulas and set up.

To end up, these are the subjects that need to be given focus during the review. CPSM is a broad and complex work; all examinees must focus on these topics as well as those mentioned from previous articles. To pass the exam, an examinee is required to pass three exams and so every topic must be taken seriously.

Join the 3-day CPSM Certification Training of Jack Quinn Solutions LCC to have an intense and focused preparation to pass the CPSM Exam! Visit www.cpsmtraining.com or call 877-680-0494

 

Alabama Alaska american production and inventory control american production and inventory control society American Samoa apics courses apics inventory managemen apics inventory management Arizona Arkansas association for operations management Blog boot bootcamp business buyer California camp certification for supply chain management certification in scm certification in supply chain certification in supply chain management certification supply chain management certified certified in supply management certified profession in supply management certified purchasing manager certification chain Colorado Connecticut council of supply chain management courses cpm cpsm cpsm certification csm Delaware District of Columbia e sourcing tools exam Executives florida Georgia Guam Hawaii Idaho Illinois Indiana institute institute supply chain instructor development program inventory purchasing Iowa ism it procurement consultants jpmorgan global manufacturing pmi Kansas Kentucky leveraging diversity in the workplace logistics Louisiana Maine management manufacturing report Maryland Massachusetts Michigan Minnesota Mississippi Missouri Montana Nebraska Nevada New Hampshire New Jersey New Mexico New York North Carolina North Dakota Northern Marianas Islands Ohio Oklahoma online Oregon Pennsylvania pmi ism prep preparation procurement procurement classes procurement consultants procurement consulting procurement courses online procurement learning procurement negotiation training procurement seminars procurement workshops production inventory control professional purchasing purchasing & inventory management purchasing and inventory management purchasing articles purchasing classes purchasing education and training purchasing inventory purchasing inventory management inventory purchasing scpro seminars sourcing sourcing consultants sourcing consulting sourcing services strategic sourcing supplier diversity certification supply supply chain supply chain certification supply chain certifications supply chain management supply chain management certifications supply chain management professional supply management courses supply management tools supplychain technical sourcing international the association for operations management the council of supply chain management professionals training Viewpoints workshop