CIPS Level 4 – Diploma In Procurement & Amp; Supply
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INTRODUCTION
CIPS Level 4 – Diploma in Procurement and Supply is an ideal qualification for individuals moving into junior and middle management procurement roles. This course is also well suited to more experienced supply chain & purchasing managers who are looking to gain an industry recognized qualification to supplement their professional experience and possibly work towards chartered status.
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COURSE OBJECTIVES
By the end of the course, you‘ll be able to:
- Learn about the core principles, concepts and practical applications when procuring goods or services
- Gain essential knowledge and practical skills in contracting, negotiation, supplier relationships, ethics and asset management
- Understand how procurement fits within the rest of your organisation and how it can help to shape key future business decisions
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COURSE AUDIENCE
This course is made for
- Logistics Manager
- Purchasing specialists
- Sales and Marketing managers
- Brand managers
- Procurement Executive
- Supply Chain Executive
- Buyers
- Category Manager
- Contracts Officer / Manager
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COURSE OUTLINE
Day One
Scope and impact of procurement and supply
- Added value strategies that can be achieved through procurement and supply.
- The key steps when procuring goods & services.
- The key aspects of organizational infrastructure which shape the scope of procurement.
- The need for compliance when undertaking procurement activities.
- How to devise a business case when sourcing.
- Market management in procurement & supply.
- The use of specifications in procurement & supply
Day Two
Commercial Contracting
- The legal issues that relate to the formation of contracts.
- Specifications and key performance indicators that are included in contracts and key clauses when contracting with suppliers.
- Options for sourcing from suppliers.
- Sourcing processes and the analysis of potential external suppliers.
- Compliance issues when sourcing and understanding ethical & responsible sourcing
Day Three
Commercial Negotiation
- Key approaches and strategies in the negotiation of commercial agreements with suppliers.
- How to prepare for negotiations, the stages of negotiation, and how commercial negotiations should be undertaken.
- The dynamics of relationships in supply chains and when to partner.
- Processes and procedures for successful working with stakeholders.
- The concept of partnering.
Day Four
Whole Life Asset Management
- Methods for the storage and movement of inventory (stock).
- The key elements of inventory control and the concept of through-life cost
Day Five
Procurement & Supply in Practice
- The application of the procurement cycle.
- Key stages of the sourcing process
- Whole life asset management
- Ethical and responsible sourcing in the organization
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