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C.P.M. Exam Preparation
Module 3
“Value Enhancement Strategies”
This program aids in preparing
candidates for one of the four exams that are the cornerstone
of the Institute for Supply Management’s (ISM)
certification process. This workshop focuses on
the sixteen tasks designated by ISM for Module
3 of the C.P.M. exams titled “Value Enhancement
Strategies”. Its interactive format includes lecture
and discussion, examples, exercises and practice
testing and review. It is supported with a PowerPoint
presentation and a bound handout and is suitable
for a wide range of purchasing and supply professionals.
Targeted Areas of Knowledge
Task |
Description |
Task |
Description |
1 |
Make-Buy, Outsourcing & Privatization
|
9 |
Process Improvement |
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Lease or Buy |
10 |
Cost Reduction, Avoidance & Containment |
|
Leveraging Strategies |
11 |
New Products &Technologies |
|
Organizing, Controlling and Minimizing Inventories |
12 |
Supply Strategies |
|
Just-In-Time and Consignment |
13 |
Forecasting and Planning |
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Inventory Discrepancies |
14 |
Supplier Communication |
|
Obsolete, Surplus & Scrap |
15 |
Market Awareness |
|
Standardization |
16 |
Management Interface |
Most Likely
to Attend
This program is especially valuable to candidates pursuing certification
as a Certified Purchasing Manager (C.P.M.) or seeking to earn recertification
credit. It also has value for new supply management professionals interested
in expanding their knowledge of the areas described in the outline; for experienced
professionals wishing to refresh and update their skills; and personnel who
interface with purchasers or suppliers, including those from quality, engineering,
finance, production, transportation, distribution and engineering.
Participants Will Take
Away
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New knowledge
related to tasks required for success with Module
3 of the C.P.M. exams
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Improved understanding of the exam process and test
taking skills
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Suggested supplemental
reading to reinforce learning
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Certificate of
program completion with up to 14.0 continuing
education hours (CEHs)
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