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CIPS level 5 Advanced Diploma in Procurement and Supply

Online, distance learning, fully tutor supported


DLC Training

Summary

Price
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Study method
Distance learning, self-paced
Duration
24 Months
Qualification
Level 5 Advanced Diploma in Procurement and Supply
Regulated 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 Advanced Diploma in Procurement & Supply is a vocational qualification
which has been designed to support Professionals working at or aspiring to
managerial level roles within procurement and supply. Through your studies you
will develop a higher level of practical, theoretical and technical knowledge and
understanding of procurement and supply. The Advanced Diploma is the perfect
opportunity to choose a career pathway that enables you to specialise in areas
of technical expertise. Upon completion of the course you will have the skills to
develop ways to address broadly defined, complex problems; analyse, interpret
and evaluate relevant information, concepts and ideas and understand different
perspectives, approaches and ideas within the profession.

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 5 Advanced Diploma in Procurement and Supply
Regulated by Ofqual

Description

A CIPS Level 5 course consists of five compulsory units and three optional units, so you can shape your studies to suit your professional goals.

Compulsory Units

Managing Teams and Individuals (12 Credits)

Management is the administration of an organisation, whether it be a business, a not-for-profit organisation, or government body. Management includes the activities of setting the strategy of an organisation and coordinating the efforts of its employees or volunteers to accomplish its objectives through the application of available resources, such as financial, natural, technological, and human resources.

In keeping with other organisational functions, those who are called upon to manage procurement and supply activity must possess expertise in developing and fulfilling organisational and functional objectives. It is therefore, essential that learners gain a wider appreciation of theories and techniques that relate to managing teams and individuals involved with the procurement and supply function.

Managing Supply Chain Risk (6 Credits)

Risk management is a central part of an organisation’s strategy. It is a process whereby the organisation will identify, record and then address the risks associated with their activities with the aim of driving out or controlling those risks to the overall benefit of organisational efficiency and effectiveness. The supply chain is by its very nature a complex activity therefore, susceptible to risk and its associated impacts.

This module enables learners to examine the nature of supply chain risk and to evaluate available mitigation techniques as they deal with the associated challenges. They will undertake risk analysis and consider the advantages of a risk register as they apply a range of appropriate risk management tools and techniques to the supply chain.

Managing Ethical Procurement and Supply (6 Credits)

The global economy and the associated advantages of sourcing from a global base of suppliers requires organisations to be prepared to address the ethical challenges that such approaches may present for procurement and supply activity. Similarly, the concept of sustainability and its impact on the supply chain should not be underestimated as organisations strive to be seen to play their part in the global agenda.

This module gives those with managerial responsibility for the procurement and supply function an understanding of ethical and sustainability impacts on the supply chain, and the opportunity to analyse initiatives to improve practice and ensure organisational compliance with international standards in respect of ethical and sustainable procurement and supply chain management.

Advanced Contract and Financial Management (12 Credits)

A significant element of the procurement and supply function is based around the contracting process. Those involved in the formulation and management of contracts with external suppliers must therefore have a clear understanding of the strategic nature of contractual performance measures in procurement and supply. Financial management refers to the efficient and effective management of money (funds) to accomplish organisational objectives.

This module is designed for those working in the procurement and supply field, with responsibility for contracting elements of the procurement and supply function who must also have a strategic awareness of the impact of the main financial aspects of their discipline.

Managing Contractual Risk (6 Credits)

As organisations outsource more and more activity it is vital that they ensure that the associated contracts deliver expected services and/or products. Hence, a fundamental area that those who are tasked with managing the procurement and supply function are faced with is the identification, monitoring and management of contractual risk.

This module is designed to enable learners to examine the nature of contract risk and the associated legal implications that relate to contract formation and non conformance. They will also consider the impact of breach of contract and the main coping strategies to address such breaches.

Elective Units

Category Management (6 Credits)

Category Management involves applying the end-to-end procurement process to a specific range of goods or services. This involves preaward processes such as category analysis and demand management, sourcing and contract negotiation, and the post-award processes such as performance management. .

This module is for those with responsibility for category management as it focuses on the differing approaches using available tools and techniques to assist with creating the associated processes for direct or indirect expenditure.

Advanced Negotiation (6 Credits)

Those involved in procurement and supply activity will be called upon to create and manage formal agreements which will be critical to organisational success. Part of the developmental process for such agreements will rely upon effective negotiations with stakeholders and/or suppliers and also the ability to influence the individuals and groups involved.

This module is designed for those managers who may be faced with preparing for and completing negotiations.

Operations Management (6 Credits)

To ensure success an organisation must create and adopt processes that ensure the consistent production of products and/ or services that meet customer demand, both in terms of quantity and quality.

This module is designed to enable those involved in procurement and supply to assess the main techniques that are aimed at improving supply chain operations to the overall benefit of the organisation.

Achieving Competitive Advantage Through the Supply Chain (6 Credits)

Competitive advantage is associated with the processes and procedures that an organisation has at its disposal to outperform its competitors. Many organisations see their supply chains as a significant source of achieving competitive advantage. It is therefore important that those with responsibility for managing the supply chain have a clear understanding of the approaches and techniques that are available to leverage the supply chain to achieve competitive advantage.

This module is designed for such managers responsible for formulating plans and approaches to achieve competitive advantage for their organisations through the supply chain.

Project and Change Management (6 Credits)

The speed of development and the drive for maintaining organisational competitiveness mean that change is inevitable in the modern workplace. Consequently, those who work and manage in organisations will be expected to deal with change initiatives and to manage those projects which are generated as a direct consequence.

This module is designed for those who are involved in the procurement and supply function, who must recognise the wider environment in which they work and be prepared to apply the tools and techniques that will ultimately lead to the successful management of projects and change initiatives.

Logistics Management (6 Credits)

In order to ensure success an organisation must create and adopt processes that ensure the consistent delivery of products and/or services that meet customer demand, both in terms of quantity and quality.

This module is designed to enable those involved in procurement and supply to assess the main techniques that are aimed at improving supply chain logistics to the overall benefit of the organisation.

Who is this course for?

Strategically designed to give you the knowledge and skills you need to take your career to the next level, the CIPS Level 5 Advanced Diploma in Procurement and Supply is ideal for those currently working in a Senior Buyer or management role. Not only will this course formalise your skills, it will develop your professional status and get you closer to achieving globally recognised MCIPS status.

From improving procedures to fulfilling objectives, a diploma in procurement and supply will equip you with all the skills you need to drive your career forward. This CIPS Advanced Diploma will teach you how to improve quality, enhance time efficiency, manage the supply chain and reduce costs.

Requirements

You can enrol on this course if you work within a managerial role, have a level 4 qualification or higher, or you have relevant experience.

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 ABC Awards and TQUK - have developed endorsement schemes as a way to help students select the best skills based courses for them.

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