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The Supplier Relationship Management (SRM) certificate program is self-paced and offers several trainings from supplier relationship management to propelling continuous movement through the supply chain. The program is geared towards all levels of professionals working in the management of supply chain and procurement. [13]
ISM’s development of the CPSM qualification allowed it to move beyond a narrow focus on purchasing to roles that require a broader knowledge of supply management and leadership. With the introduction of the new qualification, ISM discontinued testing for the C.P.M. designation and transitioned it to a recertification-only status.
The Chartered Institute of Procurement & Supply (CIPS), formerly the Chartered Institute of Purchasing & Supply, [1] is a global professional body working for the procurement and supply profession in many regions of the world. It promotes best practice and provides services for non-professionals and its over 64,000 members in 180 countries. [2]
Institute for Supply Management (ISM) is the world's oldest and largest supply management association. [1] Founded in 1915, the U.S.-based not-for-profit educational association serves professionals and organizations with interest in supply management, providing education, training, qualifications, publications, information, and research.
The Council of Supply Chain Management Professionals' (CSCMP) Supply Chain Process Standards present an outline or framework for managing processes which are typically found to be involved in performing supply chain related activities, and a set of standardised activities described in two levels of maturity - the "suggested minimum" and "best practice" for each process.
The Chartered Institute of Procurement & Supply (CIPS) recommends involvement of procurement staff and skills from an early stage in the cycle, noting that such "early procurement involvement" can have a beneficial impact on the nature and timing of any approach to market, the specification and the sourcing strategy and supplier selection ...
Another, the Institute for Supply Management, is developing one called the Certified Professional in Supply Management (CPSM) [157] focused on the procurement and sourcing areas of supply chain management. The Supply Chain Management Association (SCMA) is the main certifying body for Canada with the designations having global reciprocity.
Strategic sourcing is the process of developing channels of supply at the lowest total cost, not just the lowest purchase price.It expands upon traditional organisational purchasing activities to embrace all activities within the procurement cycle, from specification to receipt, payment for goods and services [1] to sourcing production lines where the labor market would increase firms' ROI. [2]