The Institute for Supply Management (ISM) and the UK-based Chartered Institute of Purchasing & Supply (CIPS) have entered into a reciprocity arrangement.
The deal allows professionals holding the ISM’s Certified Professional in Supply Management (CPSM) credential to apply for and receive the CIPS’s Member of the Chartered Institute of Purchasing and Supply (MCIPS) designation, and vice-versa.
The mutual recognition is intended to give certified practitioners (and those pursuing certification) an edge, according to ISM CEO Paul Novak.
“Reciprocity around professional credentials creates immediate benefits to both our organizations’ members,” he said.
“Professionals working toward a professional designation have increased opportunities and greater access to two world-renowned credentials.”
CIPS CEO David Noble expanded on the point.
“This agreement will allow members of both CIPS and ISM to have transportable professional recognition in the UK and North America, and will serve to further enhance the profession’s standing and credibility as a truly international discipline.”
Both CIPS and ISM are members of the International Federation of Purchasing and Supply Management (IFPSM), as is the Purchasing Management Association of Canada (PMAC).