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CIPS Level 4 Diploma in Procurement and Supply Operations

Online, distance learning, fully tutor supported


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Summary

Price
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Study method
Distance learning, self-paced
Duration
24 months
Qualification
Level 4 Diploma in Procurement and Supply
Regulated qualification What's this?
Additional info
  • Exam(s) / assessment(s) not included in price, and must be purchased separately
  • Tutor is available to students
  • TOTUM card is available to purchase separately What's this?

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Overview

The CIPS Level 4 Diploma in Procurement and Supply is a vocational qualification
designed for professionals working at, or aspiring to, an operational and managerial
level within procurement. The course is broken down into eight units to provide
insight into the key responsibilities of procurement specialists at a senior level,
teaching you practical skills that you can transfer into the workplace.

Our guarantee

  • Unrivalled support package available

  • Fully flexible study options

  • First class study materials and resources
  • Structured, Constructive Tutor feedback
  • Fully Accredited Professional Qualifications

Qualification

Level 4 Diploma in Procurement and Supply

Regulated by Ofqual

Description

Course content

When you choose to complete a CIPS course, you will be working towards a qualification from the leading institution in supply chain and procurement training, which will be internationally recognised.

The CIPS Foundation Diploma in Procurement and Supply covers the following units

Scope and Influence of Procurement and Supply (12 Credits)

A significant proportion of costs are accounted for 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, 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.

Commercial Contracting (6 Credits)

A significant element of the procurement and supply function is based around the contracting process. If they are to be successful, contracts must be clearly defined, be cognisant of legal requirements and contain key clauses and terms.

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.

Defining Business Need (6 Credits)

The development of a business case and the ability to analyse markets are key if an organisation is to successfully source activity from external suppliers. Similarly, the clear definition of specifications for through life contracts is crucial to overall business achievement.

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.

Ethical and Responsible Sourcing (6 Credits)

A significant element of procurement and supply activity is based around decisions to internally conduct activity or to source from an external supplier. Hence, the selection of the correct external suppliers is a vital contributor to overall organisational success.

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 the main 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.

Commercial Negotiation (6 Credits)

The creation of formalised agreements is a critical part of the success of any organisation. Those involved in procurement and supply activity will therefore be called upon to effectively negotiate with stakeholders and/or suppliers and to understand the methods associated with preparing for and carrying out commercial negotiations.

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.

Whole Life Asset Management (6 Credits)

Whole life costing takes into account the cost of a product or service over its lifetime, from concept through to disposal including purchase, hire or lease, maintenance, operation, utilities, training and disposal. It is important for those involved in procurement and supply to consider all elements when making decisions and comparing the costs of buying, renting or leasing equipment.

In most cases the purchase costs are a small proportion of operating costs, although there are numerous reasons why organisations elect to hold inventory.

This module is designed for those who will have responsibility for the whole life management of assets and enables learners to analyse the main methods for inventory movement and control and to analyse the concept of whole life cost.

Supplier Relationships (6 Credits)

A significant element of the procurement and supply function is based around decisions to source activity from external suppliers. Once agreements have been established the relationship established with the supplier is paramount to overall success. At its highest level outsourcing can take the form of a partnership or joint venture.

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.

Procurement and Supply in Practice (6 Credits)

Procurement is the business function that ensures identification, sourcing, access and management of external resources that an organisation needs or may need to successfully fulfil its strategic objectives. It exists to explore supply market opportunities and to implement resourcing strategies that deliver the best possible supply outcomes to the organisation, its stakeholders and customers.

In today’s volatile global trading environments, it is not enough for procurement and supply professionals to simply know the theory behind their profession; they must also be in a position to confidently and effectively apply that knowledge to the benefit of the whole organisation, its stakeholders and customers.

This module is designed to test the practical application of procurement and supply concepts and ideas within the practical environments in which professionals are expected to perform.

Who is this course for?

The Level 4 Foundation Diploma from the Chartered Institute of Procurement and Supply (CIPS) is a valuable investment for anyone considering progressing to a more senior role within the supply chain management and procurement sector. This course focuses on organisational procedures and processes including planning, negotiation, risk management and data analysis.

Requirements

The CIPS Diploma is equivalent to a level 4 Qualification. This is the highest entry point students can begin their CIPS training (In exceptional circumstances CIPS will review applications to begin your training at a higher level). Speak with one of our knowledgeable course advisors to find out which level of CIPS course we recommend you begin your studies.

Questions and answers

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FAQs

What does study method mean?

Study method describes the format in which the course will be delivered. At reed.co.uk courses are delivered in a number of ways, including online courses, where the course content can be accessed online remotely, and classroom courses, where courses are delivered in person at a classroom venue.

What are CPD hours/points?

CPD stands for Continuing Professional Development. If you work in certain professions or for certain companies, your employer may require you to complete a number of CPD hours or points, per year. You can find a range of CPD courses on reed.co.uk, many of which can be completed online.

What is a ‘regulated qualification’?

A regulated qualification is delivered by a learning institution which is regulated by a government body. In England, the government body which regulates courses is Ofqual. Ofqual regulated qualifications sit on the Regulated Qualifications Framework (RQF), which can help students understand how different qualifications in different fields compare to each other. The framework also helps students to understand what qualifications they need to progress towards a higher learning goal, such as a university degree or equivalent higher education award.

What is an ‘endorsed’ course?

An endorsed course is a skills based course which has been checked over and approved by an independent awarding body. Endorsed courses are not regulated so do not result in a qualification - however, the student can usually purchase a certificate showing the awarding body’s logo if they wish. Certain awarding bodies - such as Quality Licence Scheme and TQUK - have developed endorsement schemes as a way to help students select the best skills based courses for them.