This CIPS Level 4 Diploma course leads on from the Level 3 Advanced Certificate course, and offers an industry-standard qualification that demonstrates to employers that you are have advanced skills in procurement and supply. It formalises your existing skills, and builds on them so that you are able to apply the fundamentals of this fascinating profession to jobs in procurement and supply in practically any business or industry.
You'll develop advanced skills in negotiation, and understand the complexities of contracts and other commercial arrangements. You'll learn how to measure the effectiveness of supply chains and analyse their impact on your business, and delve more deeply into the intricacies of your buyer/supplier relationships. Procurement principles are applied in a number of varied contexts, such as private and public sector, not-for-profit and government: you'll explore these, and learn how to manage their different needs.
Contexts of Procurement and Supply
- Learn how to apply the fundamental principles of purchasing and supply in a variety of different contexts, including a range of private sector organisations, the public sector, national and local government, the NHS, and the not-for profit sector. Consider the procurement cycle as it applies to a diverse range of purchased products and services, both domestically and in an international context.
Business Needs in Procurement and Supply
- Discover how to measure the effectiveness of the supply chain and its contribution towards aiding the competitiveness and effectiveness of an organisation. Learn how to evaluate supplier performance and how to make suggestions for future improvements.
Sourcing in Procurement and Supply
- Understand the complexities of both the legalities and commercial issues of contractual arrangements entered into with external organisations. Gain an underpinning knowledge of the legalities of the formation of contracts as well as the key ingredients of any commercial arrangement.
Negotiating and Contracting in Procurement and Supply
- Learn how to prepare, plan and participate in the negotiation process, discovering how to achieve best value within the supply chain. Gain the skills to analyse costs and markets effectively. Consider various legal implications that affect negotiations. Understand how to avoid conflict while maintaining the balance of power.
Managing Contracts and Relationships in Procurement and Supply
- Discover how to develop and manage effective relationships, old and new, within the supply chain. Consider methods of review, and learn how to identify opportunities for establishing new relationships. Gain the skills to enhance the performance of the supply chain. Explore the benefits and risks of relationships.
Who is this course for?
Opportunities and salaries for skilled buyers are outstripping those of many other professions. With an advanced qualification from the leading industry body, you'll be sought after and could be on track for a highly lucrative career in purchasing and supply.
On completion, you'll receive the CIPS Level 4 Diploma in Procurement & Supply qualification.
To qualify you need to be at least 18 years of age with a minimum of 2 A-Levels or equivalent, such as a relevant Level 3 Certificate. If you have no prior qualifications, you must be at least 21 years of age with a minimum two years' work experience in business.
Job titles at this level of study include:
- Procurement / purchasing executive
- Procurement specialist
- Contract officer
- Supply chain / inventory / logistics analyst
- Supply chain / inventory / logistics planner
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