FOR RELEASE: January 17, 2008
ISM Public Relations
800/888-6276, extension 3143
800/888-6276, extension 3087
(TEMPE, Ariz.) January 17, 2008 — Institute for Supply Management™ (ISM) and the Chinese Federation of Logistics and Purchasing (CFLP) have joined forces to offer a Chinese version of ISM's revered Certified Purchasing Manager (C.P.M.) professional credential. The Chinese Certified Purchasing Manager (C.C.P.M.) designation is currently being offered by CFLP to supply management professionals in China.
"The C.C.P.M. Exam was created through meticulous conversion of written C.P.M. Exam questions into equivalent Chinese written translations," says ISM Professional Credentials—Diversity Vice President Christina Foster, SPHR. "After the initial translation, ISM and CFLP carefully compared the new C.C.P.M. Exam against ISM's C.P.M. Exam to ensure that the degree of difficulty remained equal between the two tests."
In addition to a parallel translation, conversion of ISM's C.P.M. Exam into Chinese required that specific content be developed to address legal and human resource questions unique to Chinese supply management professionals. Supply management professionals who earn either the C.P.M. or the C.C.P.M. have been tested on equally relevant and rigorous content.
The Chinese Federation of Logistics and Purchasing was recently approved as an ISM affiliate and seeks to recruit 3,000 members over the next three years.
As the largest supply management institute in the world, the mission of Institute for Supply Management™ (ISM) is to lead supply management. By executing and extending its mission through education, research, standards of excellence, influence building and information dissemination — including the renowned monthly ISM Report On Business® — ISM continues to extend the global impact of supply management. ISM is proud to recognize professional excellence in supply management with awards such as the ISM R. Gene Richter Awards for Leadership and Innovation in Supply Management and the J. Shipman Gold Medal Award. ISM's membership base includes more than 40,000 supply management professionals in 75 countries. Supply management professionals are responsible for trillions of dollars in the purchases of products and services annually. ISM is a member of the International Federation of Purchasing and Supply Management (IFPSM).
ISM defines supply management as the identification, acquisition, access, positioning and management of resources and related capabilities the organization needs or potentially needs in the attainment of its strategic objectives. Further, supply management is: future oriented, senior-management critical, strategic in relation to the competitive imperatives of the organization, and a significant contributor to marketplace intelligence and profitability. Components included under the supply management umbrella are: purchasing/procurement; strategic sourcing; logistics; quality; inventory control; materials management; warehousing; transportation/traffic/shipping; disposition/investment recovery; distribution; receiving; packaging; product/service development and manufacturing supervision.