Canadian Packaging

ISM creates supplier diversity credential


August 19, 2010
by Purchasingb2b Staff

The Institute for Supply Management (ISM) has developed a supplier diversity qualification.

The institute’s new Certified Professional in Supplier Diversity (CPSD) designation is intended for supplier diversity professionals and supply management professionals with diversity responsibilities.

According to ISM, the new designation emerged from increasing requests from the supplier diversity community.

The institute defines a diverse supply base as one that signifies variety, including variety in the ownership of organizations. In supply management, ISM says, diversity typically means an organizations’ efforts to include different categories of suppliers in its sourcing process and active supply base.

Requirements

In order to become a CPSD, a candidate must do three things:

•    Successfully pass the Certified Professional in Supply Management (CPSM) exam one. This requirement is waived if the candidate already holds the Certified Purchasing Manager (CPM) or CPSM designation;

•    Pass the CPSD exam; and

•    Demonstrate three years of professional supply management or supplier diversity experience (not necessarily full-time), with a bachelor’s degree from a regionally accredited college or university. If the candidate does not have a degree, five years of professional experience will suffice.

The full CPSD program will launch in early 2011.

In the meantime, ISM is scheduling pilot testing—something it does each time it introduces a new professional credential. Pilot testing will be offered through ISM affiliates and participating companies on-site in early November 2010.

Companies and ISM affiliates must have at least eight candidates interested in taking the CPSD pilot exam in order to register for the pilot testing program.

Visit www.ism.ws for more information.