October 27, 2010
The Purchasing Management Association of Canada (PMAC) has signed agreements with the Institute for Supply Management (ISM) in the US and the Chartered Institute of Purchasing & Supply (CIPS) in the UK to provide reciprocity between each organization’s globally recognized professional designation.
Designations covered by the agreements are:
- SCMP – Supply Chain Management Professional (PMAC)
- CPSM® – Certified Professional in Supply Management® (ISM)
- MCIPS – Member Chartered Institute of Purchasing & Supply (CIPS)
The SCMP is recognized as a credential of the highest standard and substantially similar to that of CPSM® and MCIPS. Supply chain management professionals holding one designation are eligible to receive the reciprocal designations, provided they meet specific criteria.
“In a global marketplace, designation reciprocity is extremely valuable,” said PMAC president & CEO Cheryl Paradowski. “This will open up opportunities for designation-holders who now gain greater mobility and recognition. Not only will this increase their international marketability, but it helps to expand the profile of the entire supply chain management profession.”
The three associations undertook extensive analysis of the competencies verified through each designation. The goal: to ensure a common standard of education, knowledge and skill at a strategic level, as well as practical experience.