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🛒 CPSM Exam Prep (Procurement)

Free, independent ISM CPSM exam-preparation with a signed certificate. Learn the modules, pass the exam.

Last updated: June 2026

An independent, free exam-preparation course built around the publicly published structure of the ISM Certified Professional in Supply Management (CPSM) credential and its three exams — Supply Management Core, Supply Management Integration, and Leadership & Transformation in Supply Management. It uses visual lessons, worked examples, original self-check questions and a 45-question final exam to build exam-ready understanding of category and sourcing strategy, supplier evaluation and selection, negotiation, contracting and law, cost/price analysis and total cost of ownership, supplier relationship management, quality, logistics and inventory, demand planning, risk and compliance, sustainability and social responsibility, technology, financial analysis, leadership and talent. It is awareness/prep only — not the official ISM Learning System or the CPSM exams — and claims no ISM affiliation or endorsement. The course is organized into 22 modules, ending with a final exam (pass mark 80%). It is independent, free exam-preparation training — not an official or accredited review course.

What you'll learn

  • The CPSM credential & the three exams
  • Spend analysis & category segmentation
  • Category strategy & sourcing planning
  • Make-vs-buy & outsourcing decisions
  • RFx: RFI, RFP and RFQ events
  • Supplier evaluation & selection
  • Negotiation strategy & tactics
  • Contract types & structure
  • Commercial law for procurement
  • Cost & price analysis
  • Total cost of ownership (TCO)
  • Financial analysis & business acumen
  • Supplier relationship management (SRM)
  • Supplier performance & quality management
  • Demand planning & S&OP
  • Inventory management
  • Logistics & transportation
  • Project management for sourcing
  • Supply risk management & resilience
  • Compliance, ethics & regulation
  • Sustainability, CSR & technology
  • Leadership, talent & exam strategy

Learning objectives

  • Map the three CPSM exams (Core, Integration, Leadership & Transformation) and the competencies each one tests.
  • Build category and sourcing strategies, run spend analysis and apply make-vs-buy reasoning.
  • Evaluate, qualify and select suppliers with weighted scorecards and structured RFx processes.
  • Plan and conduct principled negotiations and understand contract types, terms and key points of commercial law.
  • Apply cost and price analysis, total cost of ownership and basic financial evaluation to sourcing decisions.
  • Manage supplier relationships, performance, quality and continuous improvement across the supply base.
  • Coordinate logistics, transportation, inventory and demand/operations planning to keep supply flowing.
  • Identify and mitigate supply risk and stay compliant with trade, regulatory and ethics requirements.
  • Embed sustainability, corporate social responsibility and supply-chain technology into the procurement operating model.
  • Lead supply teams, develop talent and drive transformation with sound business and financial acumen.
  • Pass a 45-question exam (80% to earn your certificate).