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Procurement & Purchasing
CIPS Level 4 Diploma in Procurement & Supply
- Overview
- Course Outline
- Association
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 the CIPS Level 4 qualification, 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
Module 1 – Scope and influence of procurement and supply
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 – Defining business need
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 – Commercial Contracting
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 – Ethical and responsible sourcing
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 – Commercial negotiation
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 – Supplier relationships
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 – Whole life asset management
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 – Procurement and supply practices
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.
The Chartered Institute of Procurement & Supply (CIPS), UK is the world’s largest professional body serving Procurement and Supply. CIPS offers globally recognized qualifications to help professionals and organizations excel in procurement and supply.
Blue Ocean Academy has an exclusive tie-up with the UK-based Chartered Institute of Procurement & Supply (CIPS) to offer CIPS Level 4 in the UAE and other GCC countries. Upon course completion, students receive a Certificate from CIPS.
- Overview
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 the CIPS Level 4 qualification, 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
- Course Outline
Module 1 – Scope and influence of procurement and supply
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 – Defining business need
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 – Commercial Contracting
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 – Ethical and responsible sourcing
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 – Commercial negotiation
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 – Supplier relationships
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 – Whole life asset management
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 – Procurement and supply practices
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
The Chartered Institute of Procurement & Supply (CIPS), UK is the world’s largest professional body serving Procurement and Supply. CIPS offers globally recognized qualifications to help professionals and organizations excel in procurement and supply.
Blue Ocean Academy has an exclusive tie-up with the UK-based Chartered Institute of Procurement & Supply (CIPS) to offer CIPS Level 4 in the UAE and other GCC countries. Upon course completion, students receive a Certificate from CIPS.