Certified Professional in Supplier Diversity® (CPSD™) Practice Exam
Certified Professional in Supplier Diversity® (CPSD™)
The CPSD is a professional designation for supply professionals who demonstrate knowledge, skills and expertise in supplier diversity. CPSD is also for business professionals with responsibility for strategic diversity initiatives. This professional designation demonstrates to your employer, your colleagues, your suppliers and your customers that you are serious about helping your organization and diverse suppliers succeed.
CPSD Eligibility Requirements
Earning a CPSD designation requires you to take and pass two exams, which can be taken in any order -
- Supply Management Core
- Essentials in Supplier Diversity
If you hold a current CPSM or C.P.M. designation, you only need to take and pass the Essentials in Supplier Diversity Exam, and you may apply for the CPSD designation. Once you pass the exam, you will receive 20 Continuing Education Hours (CEHs) toward your current CPSM or C.P.M. recertification.
Candidates must have a minimum of five years of professional (nonclerical, nonsupport) supplier diversity or supply management experience (which does not need to be your primary function*), or three years of professional (nonclerical, nonsupport) supplier diversity or supply management experience if the candidate has a bachelor’s degree from a regionally accredited college or university.
*Supply management or supplier diversity does not need to be the primary function; it may be a secondary component of the job. Professional experience is usually defined as positions with decision-making authority where judgment is exercised. Proof of work experience is not required from those with a current C.P.M. or CPSM Certification.
Exam Structure
Exam Title | Number of Questions | Length of Time |
Supply Management Core | 180 questions | 180 minutes |
Essentials in Supplier Diversity | 120 questions | 120 minutes |
Course Structure
Essentials in Supplier Diversity Exam
POLICIES AND PLANNING
- SD-A-1 Develop, implement and integrate short-term and long-term supplier diversity pprograms and initiatives in congruence with organization objectives
- SD-A-2 Integrate supplier diversity programs with other corporate diversity and business initiatives
- SD-A-3 Consult with and advise senior management on developing and integrating strategies into business practices with diverse suppliers
- SD-A-4 Consult with and advise stakeholders on developing and integrating supplier
- diversity initiatives into business practices and identifying new opportunities for diverse suppliers
- SD-A-5 Integrate supplier diversity in organization mission, vision and commitment statements or the overall business strategy
- SD-A-6 Develop and manage relationships with internal teams
SOURCING/SUPPLIER DEVELOPMENT
- SD-B-1 Develop strategies and procedures for integrating diverse suppliers into the strategic sourcing process
- SD-B-2 Recommend and qualify diverse suppliers to the sourcing team
- SD-B-3 Develop and maintain successful relationships with diverse suppliers which could include resources, coaching and mentoring
- SD-B-4 Establish internal qualifications and create systems for screening diverse businesses
- SD-B-5 Monitor new and existing business, contracts and bidding schedules in an effort to identify opportunities for diverse suppliers
- SD-B-6 Identify and attend industry-related conferences and other functions to source qualified diverse suppliers
FINANCE/BUDGETING
- SD-C-1 Define and justify return on investment (ROI) for supplier diversity programs to appropriate stakeholders
- SD-C-2 Establish annual diverse spend goals and targets
- SD-C-3 Develop budget and financial support for organization diversity initiatives
METRICS/OVERSIGHT
- SD—D-1 Design, install and maintain metrics to measure and report the performance of diverse suppliers throughout the sourcing process
- SD-D-2 Monitor progress toward meeting goals, objectives and measuring success, and recommend directional changes or actions
TRAINING AND DEVELOPMENT
- SD-E-1 Provide training on diverse supplier sourcing principles including, organizational and government requirements
- SD-E-2 Provide training on procurement processes and business development to diverse suppliers 5
ADVOCACY/MARKETING/OUTREACH
- SD-F-1 Develop communications plan, marketing tools, and rewards/recognition systems to promote supplier diversity
- SD-F-2 Plan, organize, conduct, and participate in organization-sponsored diversity presentation and events
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- Full-Length Mock Test with unique questions in each test set
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What are our Practice Exams?
- Practice exams have been designed by professionals and domain experts that simulate real time exam scenario.
- Practice exam questions have been created on the basis of content outlined in the official documentation.
- Each set in the practice exam contains unique questions built with the intent to provide real-time experience to the candidates as well as gain more confidence during exam preparation.
- Practice exams help to self-evaluate against the exam content and work towards building strength to clear the exam.
- You can also create your own practice exam based on your choice and preference