CIPS and ISM link up and recognise qualifications

Supply Management reports that;

"Qualified purchasers in the US and UK can now apply to use the MCIPS and the CPSM accreditations after their names.  It means holders of the US’s CPSM (Certified Professional in Supply Management) will be able to apply to use the MCIPS accreditation and vice-versa. The reciprocal agreement will also help buyers who seek jobs either side of the Atlantic."

CPSM is the qualification run by the US Institute of Supply Management (ISM); MCIPS (as you all know) is the UK based but increasingly global Chartered Institute of Purchasing and Supply's qualification.

I guess the main benefit is that a CPSM person could get the CIPS reciprocation and could therefore apply for a job that says "must be CIPS qualified". It will be interesting to see how onerous the 'applying' is; a formality or lots of forms to fill in?  Is it worth doing to fill up my business card with more initials?

The more interesting longer term perspective is what this means for the CIPS / ISM relationship.  The two largest procurement institutes in the world exist in a classic state of 'co-opetition'. They compete for members and other revenue streams in some parts of the world, don't interfere too much in their own home territories, and work together in some areas.

Could this be the first step to a closer relationship?  Commercial co-operation going further?  Even the first step towards a global mega-Institute?

First Voice

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