Course information

CIPS Level 4 Diploma in Procurement and Supply Course Outline

Total Credit Value: 60
Level 4 Diploma in Procurement and Supply

L4M1 Scope and Influence of Procurement and Supply

1.0 Understand and Analyse the Added Value Through Procurement and Supply Chain Management

1.1 Compare Procurement and Supply Chain Management

1.2 Analyse Sources of Added Value

1.3 Describe Spend Categories

1.4 Differentiate Stakeholders

 2.0 Understand and Analyse Key Steps in Procuring Goods or Services

2.1 Explain Stages of the CIPS Procurement Cycle

2.2 Analyse Value Addition in the Procurement Cycle

2.3 Use of Electronic Systems in the Procurement Cycle

2.4 Relationship Between Policy Compliance and Outcomes

3.0 Understand and Analyse Organisational Infrastructure Impact

3.1 Explain Corporate Governance Impact

3.2 Analyse Organisational Policies Influence

3.3 Examine Procurement Structures

3.4 Common IT Systems Usage

 4.0 Understand and Analyse Compliance in Different Sectors

4.1 Classify Economic and Industrial Sectors

4.2 Public Sector Impacts on Procurement

4.3 Private Sector Impacts on Procurement

4.4 Third Sector Impacts on Procurement

L4M2 Defining Business Need

 1.0 Develop a Business Case for External Supplier Requirements

1.1 Analyse Influence of Business Needs

1.2 Estimate Costs and Prices

1.3 Develop Business Case Criteria

1.4 Interpret Financial Budgets and Cost Models

 2.0 Understand Market Management in Procurement and Supply

2.1 Analyse Market Considerations

2.2 Compare Competitive Forces

2.3 Contrast Direct and Indirect Costs

3.0 Understand the Use of Specifications in Procurement and Supply

3.1 Analyse Specification Types and Sources

3.2 Identify Specification Development Sections

3.3 Identify Risks and Mitigation in Specifications

3.4 Identify Opportunities to Review and Enhance Specifications

L4M3 Commercial Contracting

 1.0 Understand Legal Issues in Contract Formation

1.1 Analyse Documentation in Commercial Agreements

1.2 Legal Issues in Agreement Creation

1.3 Compare Contractual Agreements

 2.0 Understand Specifications and KPIs in Contractual Arrangements

2.1 Analyse Specification Content

2.2 Appraise KPI Examples

3.0 Understand Key Clauses in Formal Contracts

3.1 Analyse Contractual Terms Sources and Purposes

3.2 Recognise Typical Contractual Terms

3.3 Recognise Pricing Arrangements

L4M4 Ethical and Responsible Sourcing

 1.0 Understand Options for Sourcing from Suppliers

1.1 Identify Sourcing Process Stages

1.2 Differentiate Sourcing Approaches

1.3 Define Sourcing Options and Trade-offs

1.4 Define Award Criteria

2.0 Understand Key Processes for Analysing Potential Suppliers

2.1 Analyse Market Data Sources

2.2 Identify Quotation

2.3 Identify Tender Processes

 3.0 Understand Compliance Issues in Sourcing

3.1 Compare Legislative and Regulatory Requirements

3.2 Apply Environmental, Social, and Governance Practices

3.3 Compare Audit and Feedback Mechanisms to Evaluate ESG Standards

3.4 Contrast Organisational Processes and Practices to Achieve ESG Goals

 

L4M5 Commercial Negotiation

1.0 Understand Key Approaches in Commercial Negotiation

1.1 Analyse Commercial Negotiations in Procurement

1.2 Differentiate Negotiation Approaches

1.3 Explain Balance of Power Effects

1.4 Identify Relationships Impacting Negotiations

 2.0 Prepare for Negotiations with External Organisations

2.1 Describe Costs and Prices

2.2 Contrast Economic Factors

                2.3 Analyse Negotiation Criteria

2.4 Identify Required Resources

 3.0 Conduct Commercial Negotiations

3.1 Identify Negotiation Stages

3.2 Assess Negotiation Approaches

3.3 Compare Communication Skills

3.4 Analyse and Improve Negotiation Methods

L4M6 Supplier Relationships

1.0: Differentiate Commercial Relationships in Supply Chains

1.1 Differentiate Types of Relationships

1.2 Apply Portfolio Analysis Techniques

1.3 Identify Competitive Forces

1.4 Compare Sources of Added Value

 2.0: Work Successfully with Stakeholders

2.1 Analyse Organisational Procedures

2.2 Compare Team Management Techniques

2.3 Considerations of Stakeholder Management

2.4 Identify Stakeholder Termination Processes

3.0: Understand Partnering Concepts

3.1 Analyse Partnering Concepts

3.2 Appraise Partnership Implementation

3.3 Identify Reasons for Partnership Failure

L4M7 Whole-Life Asset Management

 1.0: Manage Storage and Movement of Inventory

1.1 Identify Warehouse Design Principles

1.2 Explain Product Coding

1.3 Contrast Warehousing Equipment Uses

 2.0: Effective Inventory Control

2.1 Differentiate Inventory Classifications

2.2 Identify Inventory Costs

2.3 Identify Inventory Control Techniques

 3.0: Understand Whole-Life Costing

3.1 Analyse Whole-Life Cost Factors

3.2 Compare Whole-Life Cost Considerations

3.3 Support Whole-Life Asset Management

L4M8: Procurement and Supply in Practice

 1.0: Apply Procurement Cycle

1.1 Apply Stages of Procurement Cycle Practically

 2.0: Implement Stages of Procurement Process

2.1 Apply Pre-Contract Stages

2.2 Apply Post-Contract Stages

2.3 Assess Performance Indicators

 3.0: Apply Whole-Life Asset Management

3.1 Apply Principles Across Sectors

 4.0: Apply Environmental, Social, and Governance Principles

4.1 Apply Principles Across Sectors

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Who should attend this CIPS Level 4 Diploma in Procurement and Supply Course?

The CIPS Level 4 Diploma in Procurement and Supply is well-suited for professionals aiming to advance their careers in procurement and supply chain management. Ideal candidates for this qualification include:

  • Senior Buyers
  • Procurement Managers
  • Supply Chain Analysts
  • Contracts Managers
  • Purchasing Coordinators
  • Category Managers
  • Supply Chain Managers

Prerequisites of CIPS Level 4 Diploma in Procurement and Supply Training

This course is designed for individuals seeking to understand negotiation, planning, risk management, and data analysis, among other key concepts. While it's suitable for anyone, those with some experience in procurement who are aspiring to take on junior or middle management roles will benefit the most.

Eligibility requirements include:

  • Age 18 or older with a minimum of 2 A Levels or an equivalent qualification, such as a relevant Level 3 Certificate
  • Age 21 or older with at least two years of work experience in a business

Although this course naturally progresses from the CIPS Level 3 Advanced Certificate, completing the Level 3 Certificate is not a prerequisite.

 

CIPS Level 4 Diploma in Procurement and Supply Course Overview

The Chartered Institute of Procurement & Supply (CIPS) is a leading global body serving the procurement and supply profession. Dedicated to promoting best practices, CIPS provides essential resources for those engaged in the procurement and supply chain management sectors. The training offers substantial benefits to organisations by enhancing efficiency and optimising cost management through refined procurement strategies. Additionally, for individuals, CIPS training paves the way for career advancement by validating their expertise with a globally recognised qualification.

This course will provide delegates with a thorough understanding of the procurement and supply chain management processes. They will learn to analyse and manage procurement activities effectively, understand the legal frameworks surrounding contracts, and develop strategies for ethical and responsible sourcing. The course also covers the intricacies of commercial negotiations and supplier relationship management, equipping delegates with the tools needed to navigate complex procurement scenarios.

Course Objectives:

  • To understand procurement's role and impact
  • To analyse supply chain efficiencies
  • To develop effective procurement strategies
  • To manage supplier relationships strategically
  • To negotiate contracts effectively
  • To ensure compliance with procurement laws
  • To implement best practices in procurement

Upon completing this training, delegates will be able to apply their newly acquired knowledge to real-world procurement challenges. They will be proficient in conducting thorough market analyses, crafting robust procurement strategies, and executing contracts with optimal terms. Delegates will also be capable of managing supplier relationships effectively and ensuring compliance with both organisational and regulatory standards.

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Level 4: Diploma in Procurement and Supply Exam

The CIPS Level 4 Diploma in Procurement and Supply is designed for individuals who have some prior business experience or have completed the Level 3 Advanced Certificate. This qualification is ideal for those looking to advance their career in procurement and supply chain management. Here are some key details about the exams:

You’ll undertake eight core exams:

Core Modules:

  • Scope and Influence of Procurement and Supply - 3 Hours (4 CR Questions)
  • Defining Business Need - 1.5 Hours (60 OR Questions)
  • Commercial Contracting - 1.5 Hours (60 OR Questions)
  • Commercial Negotiation - 1.5 Hours (60 OR Questions)
  • Ethical and Responsible Sourcing - 1.5 Hours (60 OR Questions)
  • Supplier Relationships - 1.5 Hours (60 OR Questions)
  • Whole-Life Asset Management - 1.5 Hours (60 OR Questions)
  • Procurement and Supply in Practice - 3 Hours (4 CR Questions)

Exam Details:

  • Frequency: Exams are held in March, May, July, September, and November.
  • Exam Type:
    • Objective Response (OR):Select a response from a list of possible answers.
    • Constructed Response (CR):Provide written answers to demonstrate understanding and application of the subject matter.

Assessment Criteria:

  • Pass Mark for Constructed Response (CR) Modules:
    • Minimum of 50% to pass.
    • Grading Scale:
      • Distinction: 75 - 100%
      • Merit: 60 - 74%
      • Pass: 50 - 59%
      • Fail: 0 - 49%
  • Pass Mark for Objective Response (OR) Modules: A minimum of 70% is required to pass.

Exam Process:

  • Arrangements: The Knowledge Academy will arrange your exams, which can be taken either at your nearest CIPS exam centre or remotely from home.
  • Fees: A CIPS fee applies to each exam, with a small additional fee for remote exams.
  • Technical Requirements: Ensure you meet the technical requirements for remote exams to avoid any issues.

Credits:

  • The qualification is worth 60 credits in total. You must pass all eight core exams to achieve the diploma.

Results:

  • Release: Results are usually released within 2-3 weeks after the exam date.

Why choose us

Our Chichester venue

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The city of Chichester is located in the county of West Sussex in the South East of England. The city is around 55 miles north-north-east of London. Chichester city has an approximate population of 27,000 residents and is the only city in West Sussex. The unemployment rate for Chichester currently stands at just under 3%. This is dramatically lower in comparison to the national average unemployment rate which currently stands at 7.6%. Chichester has 3 secondary schools with two of them being non-mixed for boys and for girls known as the Chichester High School for Boys and the Chichester High School for Girls. The third secondary school is the Bishop Luffa School which is coeducational and has a student enrolment rate of over 1,400 pupils from the ages of 11 up to 18 including the sixth form. The University of Chichester has many specialisms including Humanities, Social Sciences, Music and Performing Arts, and Sports Studies and Education. The university has an enrolment rate of up to 5,000 students including both Undergraduate and Postgraduate study levels.

Nearby locations include:

  • Norton
  • Goodwood
  • Oakwood
  • Charlton
  • West Wittering
  • Ham
  • Compton
  • Selhurst Park
  • Donnington
  • Selsey
  • Singleton
  • Maudlin
  • Drayton
  • Bosham
  • Fishbourne
  • Bracklesham Bay
  • Woodgate
  • West Dean
  • East Wittering
  • Tangmere

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Address

Chichester

T: 01344203999

Ways to take this course

Experience live, interactive learning from home with The Knowledge Academy's Online Instructor-led CIPS Level 4 Diploma In Procurement And Supply Training in Chichester. Engage directly with expert instructors, mirroring the classroom schedule for a comprehensive learning journey. Enjoy the convenience of virtual learning without compromising on the quality of interaction.

Unlock your potential with The Knowledge Academy's CIPS Level 4 Diploma In Procurement And Supply Training in Chichester, accessible anytime, anywhere on any device. Enjoy 90 days of online course access, extendable upon request, and benefit from the support of our expert trainers. Elevate your skills at your own pace with our Online Self-paced sessions.

Experience the most sought-after learning style with The Knowledge Academy's CIPS Level 4 Diploma In Procurement And Supply Training in Chichester. Available in 490+ locations across 190+ countries, our hand-picked Classroom venues offer an invaluable human touch. Immerse yourself in a comprehensive, interactive experience with our expert-led CIPS Level 4 Diploma In Procurement And Supply Training in Chichester sessions.

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The CIPS Courses offered by The Knowledge Academy globally recognised procurement qualifications designed to enhance the skills and knowledge of procurement professionals. These courses provide practical insights and competencies, enabling individuals to excel in procurement roles and drive value for their organisations.

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