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IoSCM Level 7 Purchasing Management

Part of the Supply Chain & Operations Strategy


IOSCM

Summary

Price
£1,321 inc VAT
Payment options

PLEASE NOTE: The price stated is for the Award qualification only (1 unit of study). Prices for... Read more

Study method
Distance learning, self-paced
Duration
6 Months
Qualification
Level 7 Award in Purchasing
Additional info
  • Tutor is available to students
  • TOTUM card is available to purchase separately What's this?

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Overview

The Institute of Supply Chain Management (IoSCM) is the leading institute for supply chain qualifications, available at award (price listed), certificate, diploma and extended diploma.

Their courses are delivered via online learning, supported by their team of industry experts with experience across all areas of the supply chain.

IoSCM offers a unique learning method, which is adaptable around your experiences, goals and what you would like to achieve. The courses are 100% adapted to suit the individual; you select your units, hours of study and how your assessed – use your knowledge, evidence from your working role or past qualifications.

About IoSCM and their course

Guarantee success in your industry with the Institute of Supply Chain Management. We offer every student much more than just a qualification; we provide the opportunity to grow, learn and progress as a professional with our unrivalled support network.

You can custom build the IoSCM Level 7 Purchasing Management qualification in order to meet your career ambitions, future job specification or accredit your current skill set.

This qualification is industry recognised across the globe. All IoSCM qualifications are designed and developed by industry experts to provide first class study materials

WHAT WILL I RECEIVE?

Through completion of this IoSCM Level 7 qualification, you’ll receive an internationally recognised certification from IoSCM in Purchasing Management.

As well as this, you’ll be awarded an industry recognised qualification, Level 7 in Purchasing Management from SFEDI Awards

WHAT IS THIS QUALIFICATION EQUIVALENT TO?

The IoSCM Level 7 in Purchasing Management is comparable to a Masters degree.

The Level 7 is recognised and much sought after by employers and businesses. It gives you realistic, industry-specific knowledge and skills that is entirely tailored to you and the sector, giving you the best chance of gaining employment across the supply chain.

You can study around your current commitments and still save time and money in comparison to a full time or classroom based course, as you can study at your own pace and in the comfort of your own home. If you’d like to find out how an IoSCM qualification can be significantly beneficial to your career, give our expert Course Advisors a call today.

The Level 7 courses are available as:

  • Certificate
  • Diploma
  • Extended Diploma

Assessment Based Study

No exams.

Use the knowledge you’ve developed through studying with IoSCM or other professional bodies, submit evidence of prior/current experience or learn through IoSCM expert course material and submit assignments to achieve your qualification.

Qualification

Level 7 Award in Purchasing

Description

Core Units

Strategic Management Principles

  • Strategic Management
  • Formulate Organisational Strategy
  • Strategic Effects of Organisation Plan
  • Communicate Organisational Plan

Business Research

  • Philosophies and Approaches
  • Plan Project Reports
  • Research
  • Compare Research Outcomes with Specifications
  • Present Report

Global Procurement in Supply Chain

  • Objectives for a Procurement Strategy
  • Effectiveness of a Procurement Strategy
  • Selecting Effective Procurement Methods

Optional Units

Manufacturing Production

  • Production
  • Requirement of Product Design and Production Strategy
  • Location, Layout and Productivity of Manufacturing
  • Forecasting, Planning and Scheduling of Production
  • Purchasing and Inventory Management

Corporate Finance

  • Role of Corporate Finance Manager
  • Source of Debt
  • Evaluating Investment
  • Company Shares
  • Dividends
  • Business Capital

Quality Management

  • The Concept of Quality Management
  • Embedding Quality Management
  • Systems that Support Quality Management

Entrepreneurship in Business

  • Scope for Entrepreneurship in Today’s Economy
  • Developing Successful Business Ideas
  • Strategy Planning
  • Planning Future Growth
  • i322q

Change Management

  • Background of Change Management: The Use of Change Management in Organisations
  • Issues: Factors Affecting Change Management, The Arising Issues from Change Management
  • Proposing Change: Presenting a Proposal, Best Practice
  • Managing the Change Process

Leadership and Enterprise

  • The Relationship between Management and Leadership
  • Effective Leadership
  • Theories of Management and Leadership in Organisational Contexts
  • Advising on Management and Leadership Skills
  • The Enterprise Culture and the Characteristics of Different Entrepreneurs

Principles of Marketing

  • Principles and Concepts of Marketing
  • Develop a Marketing Strategy
  • Analyse Competitive Advantage

Principles of Marketing

  • Principles and Concepts of Marketing
  • Develop a Marketing Strategy
  • Analyse Competitive Advantage

Logistics and Transport

  • Benefits and Drawbacks to Building Flexibility into the Manufacturing Process
  • Analyse the mix of Manufacturing Process Equipment
  • Function and Purpose of Existing Advanced Manufacturing Technology (AMT) Installations

Ports and Shipping

  • Maritime Operations in a Business Context
  • Planning Process for Maritime Operations
  • Maritime Resource Management
  • Maritime Law

Import and Export

  • Key Elements of Export Strategies
  • Key Elements of Import Strategies
  • Third Party Intermediaries

Who is this course for?

As with most supply chain sectors, the roles and responsibilities of those in a Purchasing and Procurement position can be varied. IoSCM’s Purchasing Academy enables those in industry to develop their skills through bespoke distance learning courses.

Requirements

There are no previous requirements needed to study this course and IoSCM will evaluate whether this is the right course for you, ensuring you don’t waste valuable time and resources studying the wrong course.

Career path

This course is designed to give students the opportunity of progressing in the purchasing industry allowing them to further their knowledge and progress within their role.

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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