Cips L4M1 Scope & Influence Of Procurement & Supply (2023)

Diploma in Procurement & Supply

What you'll learn

LO1 Understand and analyse the added value that can be achieved through procurement and supply chain management

LO2 Understand and analyse the key steps when procuring goods or services

LO3 Understand and analyse aspects of organisational infrastructure that shape the scope of procurement and supply chain functions

LO4 Understand and analyse the need for compliance with requirements when undertaking procurement activities in different sectors

Requirements

A minimum of at least two A-levels (or international equivalent)

Or CIPS Level 3 Advanced Certificate qualification

Minimum of two years’ relevant experience in a business environment.

Description

Who is it for?This qualification is the essential toolkit for anyone planning a career in procurement and supply. Developed and written using CIPS Procurement and Supply Cycle as it’s focus, it is at the same level as the first year of an undergraduate degree course. It’s suitable for those in operational roles or those managing or supervising the procurement and supply function who want to develop their career and work towards MCIPS Chartered Procurement and Supply Professional.What will I learn?You will learn about making procurement and supply happen within an organisation, and you will be equipped with an essential range of knowledge and tools that you can apply immediately in your workplace. Learn how to apply practical, theoretical and technical knowledge, gain a clear understanding of procurement and supply and develop the ability to address complex, non-routine problems. On completion, you will be able to analyse, interpret and evaluate relevant information and ideas and have an informed awareness of differing perspectives and approaches within the profession. You will also be able to review the effectiveness and appropriateness of methods, actions and results.Entry requirementsThis is the only entry point onto our Diploma qualifications. A minimum of at least two A-levels (or international equivalent) or a CIPS Level 3 Advanced Certificate qualification is required. Alternatively, you will need a minimum oftwo years’ relevant experience in a business environment.Module purposeOn completion of this module, learners will be able to identify the key stakeholders through the application of the sourcing process, the analysis of the procurement cycle and the evaluation of the influence procurement and supply has as a source of added value for the organisation.Module aim(s)In any organisation, a significant proportion of costs are accountedfor by the purchases of products and/or services, hence organisations see procurement and supply as a key contributor to their value-added strategies. Equally, any organisation will also be managing the supply of products and/or services to their customers, be they internal or those from other external organisations, consumers or the general public. 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 with an overview of the key stages and compliance requirements associated with procurement and supply. It 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.

Overview

Section 1: LO1 - Understand and analyse the added value that can be achieved through procur

Lecture 1 L4M1 LO1 Video

Section 2: LO2 - Understand and analyse the key steps when procuring goods or services

Lecture 2 L4M1 LO2 Video

Section 3: LO3 - Understand and analyse aspects of organisational infrastructure

Lecture 3 L4M1 LO3 Video

Section 4: LO4 - Understand and analyse the need for compliance with requirements

Lecture 4 L4M1 LO4 Video

Section 5: Revision Materials

Lecture 5 Revision Materials

Anyone planning a career in procurement and supply.,Student who have completed CIPS Level 3 Advanced Certificate qualification,Anyone in operational roles or those managing or supervising the procurement and supply function who want to develop their career and work towards MCIPS Chartered Procurement and Supply Professional.