Level 4 CIPS Diploma in Procurement and Supply Course Overview

Minimum Required Prerequisites for the Level 4 CIPS Diploma in Procurement and Supply

To ensure a successful undertaking of the Level 4 CIPS Diploma in Procurement and Supply course, it is recommended that participants possess the following baseline knowledge and experience:

• A minimum of two years of relevant experience in a business environment.
• Basic understanding of procurement and supply chain principles.
• Familiarity with fundamental business and financial principles.
• Proficiency in basic computer applications, specifically MS Office (Word, Excel, PowerPoint).
• Effective communication and analytical skills.

These prerequisites are designed to ensure that students can engage with the course material effectively and gain the maximum benefit from the training program.

Target Audience for Level 4 CIPS Diploma in Procurement and Supply

1. Brief Introduction: The Level 4 CIPS Diploma in Procurement and Supply is designed for professionals with over two years of experience, aimed at enhancing their technical skills, knowledge, and competencies in procurement and supply chain management.

2. Job Roles and Audience:

• Procurement Managers
• Supply Chain Coordinators
• Purchasing Officers
• Senior Buyers
• Contract Officers
• Operations Managers
• Inventory Managers
• Logistics Managers
• Supplier Relationship Managers
• Procurement Consultants
• Category Managers
• Strategic Sourcing Specialists
• Materials Managers
• Vendor Managers
• Procurement Analysts

Learning Objectives - What you will Learn in this Level 4 CIPS Diploma in Procurement and Supply?

Introduction

The Level 4 CIPS Diploma in Procurement and Supply course is designed to develop technical skills and knowledge essential for effective procurement and supply chain management. Participants will gain competencies highly sought by employers across various industries.

Learning Objectives and Outcomes

• Understand and Analyse Added Value in Procurement and Supply Chain Management

  • Describe procurement categories and organizational spend
  • Analyse sources of added value in procurement
  • Compare procurement and supply chain management concepts
  • Differentiate stakeholders in procurement functions

• Comprehend Key Steps and Stages in Procuring Goods and Services

  • Explain key aspects of the procurement cycle
  • Analyse stages of the sourcing process and their value
  • Understand electronic systems' impact on the sourcing process

• Grasp Organisational Infrastructure Influencing Procurement and Supply Chain Functions

  • Explain corporate governance and its impact on procurement
  • Analyse the effects of organizational policies and procedures
  • Identify common IT systems in procurement

• Understand Market Management and Business Needs

  • Devise business cases for sourcing requirements
  • Identify costs and prices estimation methods in procurement
  • Understand different market types and their influence on procurement decisions

• **Understand and Apply Specifications and Key Performance Indicators (KPIs