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ISM CPSM1 : Foundation of Supply Management Exam

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Test Number : CPSM1
Test Name : Foundation of Supply Management
Vendor Name : ISM
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CPSM1 exam Format | CPSM1 Course Contents | CPSM1 Course Outline | CPSM1 exam Syllabus | CPSM1 exam Objectives


This course focuses on management and improvement of supply chain processes and performance. It will be valuable for students who would like to pursue a career in consulting or take a position in operations, marketing or finance functions in a manufacturing or distribution firm. They explore important supply chain metrics, primary tradeoffs in making supply chain decisions, and basic tools for effective and efficient supply chain management, production planning and inventory control, order fulfillment and supply chain coordination. They will also investigate syllabus such as global supply chain design, logistics, and outsourcing, several other exact supply chain innovations.
The class format includes lectures, case discussions, guest speakers, and simulation games. The content covers both quantitative and qualitative materials. The cases will feature high-tech companies as well as firms in more traditional industries such as apparel and manufacturing.

Institute for Supply Management (ISM) is the first and leading not-for-profit professional supply management organization worldwide. Its 47,000 members in more than 90 countries around the world manage about US$1 trillion in corporate and government supply chain procurement annually. Founded in 1915 by practitioners, ISM is committed to advancing the practice of supply management to drive value and competitive advantage for its members, contributing to a prosperous and sustainable world. ISM empowers and leads the profession through the ISM Report On Business, its highly-regarded certification and training programs, corporate services, events and the ISM Mastery Model. The ISM Report On Business, Manufacturing and Non-Manufacturing, are two of the most reliable economic indicators available, providing guidance to supply management professionals, economists, analysts, and government and business leaders.

CPSM Certification Overview
The CPSM is globally recognized as the gold standard of excellence for supply management professionals, in both the manufacturing and non-manufacturing sectors. The designation is transportable across industries, job roles and regions, providing designation holders with flexibility and mobility. The CPSM is for forward-thinking supply management professionals who desire to demonstrate a broad understanding of the components of the profession. The program emphasizes the major competencies of supply management. Those earning the CPSM will attain a greater understanding of end-to-end supply management and be better positioned to positively impact their organization.

CPSM Eligibility Requirements
Earning a CPSM designation requires you to take and pass three exams, which can be taken in any order:
Supply Management Core
Supply Management Integration
Leadership and Transformation in Supply Management
Candidates must have three years of full-time, professional supply management experience (nonclerical and nonsupport) with a bachelors degree from a regionally accredited institution or international equivalent or five years of full-time, professional supply management experience (nonclerical and nonsupport) without a qualified bachelors degree.
All applicable experience must be in a professional position where the primary function is supply management. Professional experience is usually defined as positions with decision-making authority and where independent judgement is exercised. ISM does not require a candidate to work in all areas of supply management or be in a management position. Proof of work experience is not required from those with a current C.P.M. certification. ISM will evaluate work experience for candidates unsure if their current or previous positions are considered applicable. The evaluation is optional, and there is a nominal charge. The work-experience evaluation process allows a candidate to submit work experience documentation prior to taking exams. ISM will return an evaluation to the candidate indicating if the experience is acceptable. Candidates with acceptable experience should submit the evaluation with their original certification application after they have passed the exams.

- Assess stakeholder needs and organize into sourcing plans 5
- Analyze and advise on feasibility of internal customer requests 3
- Analyze potential sources of products or services 7
- Determine methods to process requirements for goods or services based on cost, 5 timing, existing contracts and competitive bidding, as appropriate
- Conduct analyses to develop insourcing or outsourcing strategy 5
- Identify and implement technologies to support supply management 4
- Leverage spend through the identification, development and execution of 5 sourcing strategies
- Implement strategic sourcing plans aligned with organizational and stakeholder objectives 5
- Prepare solicitations for competitive bids, quotations and proposals with 6 pertinent specifications, terms and conditions
- Evaluate competitive offerings to identify the overall best offer for a product or service 5
CATEGORY MANAGEMENT
- Create a category management plan to meet the organizations key objectives 5
- Execute a category management plan 5
NEGOTIATION
- Prepare negotiation plan that aligns with organizational objectives 5
- Prepare and develop strategies and tactics for negotiations 4
- Lead, conduct and support negotiations with suppliers 5
LEGAL AND CONTRACTUAL
- Manage the preparation of contracts/purchase orders 5
- Award contracts to suppliers 3
- Administer contracts and/or purchase orders from award to completion or termination 5
- Perform or obtain legal review of contracts and other supply management documents 4
- Generate and follow supply management processes to ensure legal compliance 4
TASK TASK DESCRIPTION NUMBER OF QUESTIONS
SUPPLIER RELATIONSHIP MANAGEMENT
- Develop provider qualification plans to assure components, materials 4 and suppliers meet specified requirements
- Develop and manage effective relationships with suppliers 7
- Conduct provider performance evaluations 5
- Conduct regular business reviews with suppliers 4
- Identify opportunities and benefits for rationalizing the supply base 4
- Identify opportunities to drive provider innovation 3
- Develop and implement provider exit strategies 3
- Review provider performance against negotiated service level agreements (SLAs) 4
- Resolve invoice and payment problems 2
- Act as a liaison between suppliers and functional areas to ensure accurate 4 information, documentation and product flow
- Work with suppliers to identify constraints and implement value-added processes 3
COST AND PRICE MANAGEMENT
- Develop cost management program strategies for purchases 5
- Perform cost/benefit analyses 4
- Conduct spend analysis to determine strategies for specific categories 5
- Track and validate cost savings and cost avoidance 4
FINANCIAL ANALYSIS
- Prepare and/or administer a supply management department budget 3
- Develop financing strategies for purchases 3
- Verify that sufficient reporting exists 3
TOTAL 180 (including 15 unscored*)
* Included are 15 statistical data research questions which are unscored (not included in your final exam score)

Supply Management Integration Exam
TASK TASK DESCRIPTION NUMBER OF QUESTIONS
SUPPLY CHAIN STRATEGY
- Develop and/or implement a material or service standardization program 5
- Implement requirements planning to align supply management activities 7 with organizational strategy
- Implement operations planning, scheduling and inventory control processes 6 to ensure optimum use of resources
- Structure the supply chain in support of the organizations business strategy 7
SALES AND OPERATIONS PLANNING DEMAND PLANNING
- Incorporate the use of sales, inventory and capacity forecasts in the planning 6 of materials production to better meet strategic objectives and goals
- Conduct demand planning 4
SALES AND OPERATIONS PLANNING FORECASTING
- Analyze and report on market conditions, benchmarks and industry 5 trends to internal stakeholders
- Develop supply forecasts in light of economic and technological trends 5
- Plan and communicate sourcing and supply strategies based on forecasted data 6
- Manage forecasted data with suppliers 5
- Calculate and report forecast accuracy 4
SALES AND OPERATIONS PRODUCT AND SERVICE
- Participate in new product or service development in support of marketing efforts 5
- Participate in product-service ramp-up and/or ramp-down strategies and implementation 5
- Create systems and process improvements to help the organization meet sales goals 5
QUALITY MANAGEMENT
- Develop and/or administer a provider quality certification program 4
- Develop measurements for quality improvement 4
- Implement continuous improvement processes within the supply chain 6
TASK TASK DESCRIPTION NUMBER OF QUESTIONS
LOGISTICS AND MATERIAL MANAGEMENT
- Design transportation and distribution policies and procedures to 4 ensure optimum flow of materials
- Manage transportation, invoicing and documentation functions to 4 ensure regulatory compliance
- Manage the resolution of delivery/receiving problems 4
- Analyze provider transportation costs 5
- Develop and/or implement a warehouse management system 5
- Conduct network design and optimization to support the business model, 5 increase productivity and lower operating costs
- Oversee the day-to-day operations of a warehousing function 4
- Develop and/or implement an inventory management system 5
- Coordinate and/or monitor the movement of equipment and assets within the organization 3
- Expedite/de-expedite orders 3
- Develop and/or execute plans and metrics to reduce risk of shortages 4
- Identify cost-effective packaging that meets requirements 3
- Conduct investment recovery activities for surplus/obsolete materials 4
PROJECT MANAGEMENT
- Perform project management activities 8
TOTAL 165 (including 15 unscored*)



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ISM Foundation exam

Ophelia Dahl’s countrywide fitness carrier | CPSM1 boot camp and exam dumps

in many methods, lifestyles in top notch Missenden turned into idyllic, bucolic, sweet. The author Roald Dahl and the celeb Patricia Neal called their cottage there, within the rolling English countryside of Buckinghamshire, Gipsy condominium, as a result of they’d parked a shiny-blue caravan within the garden for their 4 toddlers to play in, and since there became a freewheeling spirit to the place. A dozen americans might display up for dinner on any given nighttime; Neal would frequently be on her strategy to the U.S. to shoot a film; Dahl wrote his noted toddlers’s books in a little hut—his “nest”—at the fringe of the backyard, surrounded with the aid of the roses and rhododendrons he appreciated to tend. “It became a very unmanufactured backyard—very cobbled collectively, now not unlike the condominium,” Ophelia Dahl, the 2d-youngest of the siblings, recalled recently. “I remember Dad within the garden the entire time. in the summer, he’d be standing there in the night with a whiskey-and-soda. I bear in mind sipping it, and announcing, ‘Oh, God, this is a horrible style!’ He advised me, ‘I don’t drink it for the style. I drink it for the pleasant whizzly feeling it offers you.’ ”

There turned into a small orchard on the property, and Dahl taught Ophelia to pressure there when she was handiest eleven years historical. Like Dahl’s baby hero in “Danny, the Champion of the area”—who lived with his widowed father in a Gypsy caravan, and started using when he changed into nine—Ophelia changed into a brave and able baby, who quickly took to using across the village. “I commonly selected my chums for their mothers, these heat, enjoyable mothers, and i would pressure over to these individuals’s houses, and, despite the fact that my friend wasn’t there, I’d cease in for a cup of tea and a chat.” the following day, she’d pressure to one other condominium, making her rounds.

There changed into the palpable world of country roads and cocktails within the garden, and the excellent world of stories that sprang from her father’s “scrumptious creativeness.” however there turned into additionally a silent world of grief, a global that could not be considered or spoken of. the first amazing disappointment had are available in 1960, when the family unit became touring big apple and a taxicab hit the carriage wherein Neal and Dahl’s 4-month-historic son, Theo, turned into being wheeled by his nanny alongside Madison Avenue. The carriage flew forty toes, and the baby’s skull shattered when he landed. He underwent dissimilar surgeries, and a tube turned into implanted to empty fluid from his brain into his coronary heart, however kept getting blocked. at the top of Theo’s struggling, his father contacted Stanley Wade, a toymaker he knew who specialized in crafting engines for model airplanes with tiny hydraulic pumps. along side Kenneth till, a pediatric neurosurgeon who cared for Theo, they created the Dahl-Wade-until shunt, which was used on essentially three thousand toddlers all over, and value a 3rd as much as its predecessor, because the inventors declined to benefit from it. Theo required nine craniotomies, but he lived.

Two years after Theo’s accident, when Dahl was in the course of writing a story he later called “Charlie and the Chocolate manufacturing facility,” his seven-yr-historic daughter, Olivia, gotten smaller measles. within four days, she was useless. “There turned into simply this sense that my father’s heart had been wholly broken,” Ophelia, who became born a year and a half after Olivia’s dying, spoke of. Neal grieved brazenly and outwardly. Dahl, then again, “went to mattress for whatever thing like a month, after which obtained up, however he couldn’t discuss it. My mother stated he simply not ever noted it once more.”

more misfortune adopted. When Ophelia turned into 9 months historic, Neal suffered a burst cerebral aneurysm and fell right into a coma. She came out of it, however it took months for her to find out how to stroll and talk once again. “I even have very strong reminiscences growing to be up, of figuring out automatically—as soon as I grew to become aware—that she had been sick, that she wasn’t like different moms,” Ophelia observed. “She would shuttle and fall continuously. i used to be on high alert most of my childhood.”

but, if her mom fell, Ophelia may aid her up. The different, deeper sorrows endured, and there was nothing she may do about them. “I consider, in many ways, i used to be born into the echo of whatever that had happened at another time,” Ophelia, who is fifty-three, and has icy faded skin and eco-friendly eyes and her mom’s gentle aspects, spoke of. “there have been naturally ramifications, but I hadn’t been there.” there have been relics round Gipsy apartment of the losses: a trunk in Dahl and Neal’s room that contained Olivia’s clothes and toys; a prototype of the Dahl-Wade-till shunt in a frame, striking on the wall. “humorous historic element—gave the impression of the interior of a watch,” Ophelia recalled. “He not ever talked about it with us. but my father certainly not mentioned his accomplishments. He did none of that boring stuff that americans who appear returned on an achieved existence do.”

recently, Ophelia Dahl became in Rwanda, chatting with a bunch of graduate students at the school of global health fairness, which turned into opened in 2015 through partners in health, an assist corporation that Dahl co-centered when she became very young. “For the primary time in a lecture like that, I covered my father as an instance of the recommendation that you should transcend your practicing. Don’t try this issue the place you say, ‘well, I don’t comprehend that that may also be finished.’ You need to maintain pushing. You don’t say, ‘I’m sorry, I’m now not an inventor, I’m a author.’ I feel it’s related to feeling entitled within the right manner: ‘Fuck it. I’m now not going to face for that.’ You push. You push, push, push.”

I can get out most of the stains but some will remain to remind you of what a slob you are.

“i will be able to get out lots of the stains, but some will continue to be to remind you of what a slob you are.”

within the remaining edition of “Charlie and the Chocolate factory,” Willy Wonka exhorts Grandpa Joe, “You mustn’t despair! Nothing is unattainable!” On the partners in health internet site, the company’s stated purpose is to carry the benefits of modern clinical science to one of the crucial poorest individuals on this planet. (The community operates in Haiti, Peru, Mexico, Siberia, the Navajo Nation, Sierra Leone, Malawi, Lesotho, and Liberia, moreover Rwanda.) but partners in fitness additionally aspires to do whatever thing greater amorphous, more resourceful, and greater improbable: “to serve as an antidote to despair.”

There are, as individuals regularly say in Sierra Leone, “many challenges” at the executive hospital in Kangama, near the country’s jap border. it is situated many hours’ pressure from the nearest city, on a rocky and regularly flooded grime road through the bush, and few patients can have enough money a vehicle or a motorbike and even the gasoline to vigour one. it's also elaborate to reach by means of mobile: there are no landlines in the enviornment, so with a purpose to make or receive calls a member of the medical institution’s staff has to stroll a mile to “the element”—a spot the place there is intermittent telephone-cellphone carrier. “it's commonly very irritating,” Fodei Daboh, a tall younger man who is the group health software supervisor, explained to Ophelia Dahl on an afternoon in October when she visited. Calls always seem to drop just when a plan—to get an ambulance, say—is on the verge completion. There are shortages of medication in the sanatorium dispensary, and primary materials commonly run out. On that day, there turned into a big jug of water through the front door, subsequent to two posters touting the benefits of handwashing. There was no longer, however, any cleaning soap.

What the Kangama sanatorium has a lot of is bathrooms: 9 of them, developed with help money donated throughout the Ebola crisis of 2014. “The intent was respectable, however the lack of coördination was horrifying,” Regan Marsh, a former clinical director of companions in fitness Sierra Leone, who had joined Dahl for the visit, observed. that they had seen this type of factor far and wide the area. building corporations will donate whatever finite, although it’s redundant, instead of anything fundamental however ongoing; as a result, a neighborhood might acquire a rest room, a handwashing sign, or a thousand packets of oral-rehydration salts, as an alternative of salaries for expert nurses, or, say, electrical energy. “There are endless examples of greater interventions—like a medical institution—in the middle of nowhere, and it falls apart since it hasn’t been built inside a community of expert people, or with the typical pipeline for overhead and maintenance,” Dahl referred to. If a medical institution is erected, however there is not any running water or sewage system—to say nothing of diagnostic equipment or personnel who can function it—it's as unnecessary as a bucket of water without cleaning soap. as a result, companions in fitness commonly helps supply issues that fall backyard a clinical-aid firm’s common purview, comparable to bridges and satellite tv for pc dishes and fuel. “this stuff need to be executed to ensure that americans to have an inexpensive possibility of being fit,” Dahl spoke of, “and never being . . . dead.”

When P.I.H. became involved with the Kangama health facility, a yr and a half in the past, there became no power at the facility. one of the most fundamental services of this sort of clinic is to take care of girls as they supply beginning, but if a girl went into labor at evening she would have to convey by flashlight. during the rainy season, someone had to hang an umbrella over the court cases, since the ceiling leaked. there's electricity now, and the ceiling has been patched, but there is still no doctor on workforce. in fact, there are only about 100 and fifty Sierra Leonean medical doctors within the entire country—which helps explain why it is the most bad region in the world to be pregnant. One out of every seventeen women in Sierra Leone will die all over a pregnancy, a birth, or its aftermath. in the united states, the fee is one in thirty-eight hundred; in Finland and Italy, it’s one in twenty thousand.

P.I.H. first got here to West Africa in 2014, on the invitation of the governments of Liberia and Sierra Leone, all over the top of the Ebola epidemic. Emergency intervention is especially no longer P.I.H.’s mission; in distinction with organizations like Médecins Sans Frontières, which specialise in addressing severe crises, P.I.H. works to remake entire health-care methods, by means of taking part with native governments. Its commitments are lengthy-term and massive in scale. (One board member advised me, “M.S.F. is intercourse. P.I.H. is love.”) P.I.H. has been in Rwanda for twelve years, and in Haiti for greater than thirty.

In Sierra Leone, Dahl and her colleagues have been satisfied that many individuals were death of Ebola for the same purpose that they were loss of life in childbirth: the inability of a purposeful health-care equipment. “Ebola was the canary in the coal mine,” Joia Mukherjee, the manager scientific officer of P.I.H., instructed me. “What you’ve received to examine are the dangerous conditions in the mine.” Sierra Leone continues to be reeling from a decade-lengthy civil struggle, and evidence of it is in every single place: the charred skeletons of homes, schools, and hospitals all through the countryside; the omnipresence of individuals whose limbs were systematically amputated with the aid of the rebels of the modern United front; the lack of primary infrastructure. There are twenty public hospitals in Sierra Leone, and less than half have working water. One Sierra Leonean medical professional, T. B. Kamara, co-authored a study in 2010 comparing surgical care in his nation with what was available within the u.s. all the way through the Civil warfare. It concluded that the nineteenth-century U.S. amenities had been “equal and in lots of techniques advanced.” Dahl advised me, “Ebola changed into ‘acute on continual.’ That’s what they name it when somebody has smoker’s lung, and then abruptly whatever thing precipitous happens, like pneumonia. It happens with techniques themselves.”

Dahl, who turned into the government director of P.I.H. during the Ebola crisis and is now the chair of the board, had secured financial commitments from the office of U.S. foreign catastrophe information and from the British department for foreign building. P.I.H. people began with the aid of establishing emergency-remedy centers, and moved to shore up foremost public hospitals. Then they all started practicing and paying neighborhood health workers, which is usually P.I.H.’s first priority when it goes into a country. local people are employed to discuss with unwell neighbors and administer drugs, bear in mind of indicators, and accompany patients to searching for treatment at a nearby medical institution. Ninety-six per cent of P.I.H. personnel are residents of the communities where they work.

That afternoon in Kangama, Dahl made the rounds with Sahr Christian Allieu, a neighborhood medical examiner who visits seven patients three times every week. the primary, a pregnant woman who had currently been given a analysis of H.I.V., lived in a small contract in the bush, and on the style there they walked previous infants outside their homes, pounding grain in picket mortars as tall as they had been, and past girls balancing stacks of cassava leaves on their heads. when they arrived, the affected person become donning a white tank top stretched taut over her big belly and a bright pink cloth knotted just under it. “How de body?” Dahl requested, the usage of the native greeting. The woman put her hand on her abdominal and mentioned that she was feeling in shape, however that, with a 15-12 months-historic, a 5-year-ancient, and aging fogeys, she had “lots of people to take care of.” She invited Dahl into her condominium, a 3-room structure of mud bricks under a corrugated-tin roof, where she lived with twelve members of the family. “think about how wet it's sound asleep on the ground all the way through the rainy season,” Dahl said, backyard. “In Haiti, they have got a asserting about these kinds of homes: they idiot the sun but not the rain.”


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