Supply Management Core CPSM® Exam 1 Overview

The Supply Management Core exam is the foundational component of the Certified Professional in Supply Management® (CPSM®) certification. It evaluates a candidate’s understanding of the essential functions and principles that drive effective supply management. This exam is designed for professionals who want to demonstrate mastery across key operational areas in the procurement and supply chain lifecycle.

Exam Topics Include:

• Sourcing – Developing sourcing strategies, identifying suppliers, and managing supplier selection processes.

• Category Management – Aligning purchasing strategies with business goals and optimizing spend across product/service categories.

• Negotiation – Preparing for, conducting, and finalizing negotiations with a focus on outcomes that support long-term success.

• Legal and Contractual – Understanding contract terms, legal obligations, and ethical considerations in supply management.

• Supplier Relationship Management – Building, managing, and improving strategic supplier relationships.

• Cost and Price Management – Analyzing costs, understanding pricing models, and implementing strategies to manage spend effectively.

• Financial Analysis – Interpreting financial data to support sourcing decisions and evaluate supplier health.

Who Should Take This Exam? Supply chain professionals, procurement specialists, and transitioning military personnel looking to validate their core knowledge of supply management practices and accelerate their careers in operations, procurement, or logistics.