Certification Programs
The Chartered Institute of Procurement and Supply - CIPS
CIPSNewLevel4 CIPS Level 4: Diploma in Procurement and Supply
Course Details
CIPSNewLevel4
CIPS Level 4: Diploma in Procurement and Supply
Course Methodology
The CIPS Level 4 Diploma in Procurement & Supply combined with experience in a procurement role will open many more career doors for you. It is a valuable management tool for those moving into junior and middle management procurement roles or those supervising the procurement function. It focuses on organisational procedures and processes including negotiation, planning, risk management and data analysis.
Course Objectives
Upon completing this supply chain certification, participants will be able to:
- Understand added value strategies that can be achieved through procurement and supply
- Understand how to devise a business case when sourcing
- Understand market management in procurement & supply
- Understand the legal issues that relate to the formation of contracts
- Key approaches and strategies in the negotiation of commercial agreements with suppliers
- Methods for the storage and movement of inventory (stock)
Target Audience
CIPS Level 4 is beneficial for professionals with job roles like Buyer, Senior Buyer, Chief Buyer, Procurement Officer, Category Manager, Contract Manager, Sourcing Manager, Supply Chain Analyst, Executive, Purchasing Executive, Purchasing Manager, Supply Chain Manager, Logistics Manager, Supply Chain Director, and Head of Procurement.
Target Competencies
Scope and influence of procurement and supply
Defining business needs
Commercial contracting
Ethical and responsible sourcing
Commercial negotiation
Supplier relationships
Whole life asset management
Procurement and supply practices
CIPSNewLevel4
CIPS Level 4: Diploma in Procurement and Supply
Introduction
CIPS Level 4 Diploma in Procurement & Supply
Module 1
This module is designed using the CIPS Procurement Cycle as its basis. It will provide those who are interested in developing an informed awareness of different perspectives or approaches within the discipline, an overview of the key stages associated with procurement and supply and will serve as an introduction for those who are expected to address complex well-defined procurement and supply problems that are non-routine in nature.
Module 2
This module is designed for those who are expected to analyse, interpret and evaluate information on the different types of markets utilised by procurement and supply. It explores a variety of elements that underpin the development of business cases and specifications and considers the options that should be explored when procurement and supply personnel are involved in defining requirements.
Module 3
This module is designed for those working in the procurement and supply field, or those who have responsibility for the development of legally binding contracts with suppliers. On completion of this module, learners will be able to describe the key elements and legal aspects of formal commercial contracts and analyze and interpret the fundamentals of specifications and key performance indicators that are included in contractual arrangements made with suppliers.
Module 4
This module enables personnel with roles in procurement and supply to formulate selection criteria and sourcing strategies to ensure that the organisation will make the correct choice of external suppliers. It explains options for sourcing, and examines the key processes that can be applied to the analysis of potential external suppliers and to ensure the development of ethically and socially responsible sourcing agreements.
Module 5
This module is designed for those who are faced with negotiations. It enables the learner to analyse approaches to the negotiation of agreements made with external parties, how to prepare for them and what techniques are available to ensure successful outcomes. On completion of this module learners will be able to identify approaches to successfully achieving negotiated commercial agreements with external organisations.
Module 6
This module is designed for those who have responsibility for maintaining and managing relationships with stakeholders and suppliers and for those who may be faced with establishing and developing formal partnerships. On completion of this module, learners will be able to analyse the dynamics of supplier relationships, examine the processes and procedures for working with stakeholders and appreciate the concept of partnering.
Module 7
This module is designed for those who will have responsibility for the whole life management of assets and enables learners to analyze methods for inventory movement and control and to analyse the concept of whole life cost. On completion of this module, learners will be able to explain methods of inventory storage and control and analyze the concept of whole life cost from concept through to disposal.
Module 8
This module is designed to test the practical application of procurement and supply concepts and ideas within the practical environments which professionals are expected to perform. On completion of this module, learners will be able to demonstrate the practical application of the key elements of the procurement cycle in an integrated manner, within a workplace context.
Association / Affiliation
The Chartered Institute of Procurement and Supply - CIPS
The Chartered Institute of Procurement and Supply - CIPS
The Chartered Institute of Procurement and Supply (CIPS) offers globally recognized certifications that set the standard for excellence in procurement and supply chain management. With a presence in over 150 countries and a network of 60,000 professionals, CIPS equips individuals with the skills and best practices to drive positive change and excel in the industry. arrow-down
Blue Ocean Academy has an exclusive tie-up with the UK-based Chartered Institute of Procurement & Supply (CIPS) to offer CIPS Level 5 in the UAE and other GCC countries. Upon course completion, students receive a Certificate from CIPS.
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