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    Purchase eLearning   Use   Live

CIPS Purchasing and Supply ChainWhat you and your colleagues will learn (Download the entire Unit Content Guide for complete details)

  • Contexts of procurement and supply
    • Understand the added value that can be achieved through procurement and supply chain management
    • Understand the stages of sourcing processes in creating added value outcomes that can be achieved with suppliers
    • Understand the main aspects of organisational infrastructure that shape the scope of a procurement or supply chain function
    • Understand the need for compliance with requirements when undertaking procurement activities in different sectors
  • Business needs in procurement and supply
    • Understand how to devise a business case for requirements to be sourced from external suppliers
    • Understand the fundamentals of specifications and key performance indicators that are included in contractual arrangements made with suppliers
    • Understand the main clauses that are included in formal contracts
    • Understand the main implications of outsourced work or outsourced services for procurement
  • Sourcing in procurement and supply
    • Understand the main options for sourcing of requirements from suppliers
    • Be able to develop a plan for sourcing goods or services from external suppliers
    • Be able to assess the financial stability of potential suppliers
    • Understand the main processes that can be applied to the sourcing of requirements from external suppliers
    • Understand compliance issues when sourcing from suppliers
  • Negotiating and contracting in procurement and supply
    • Understand the legal issues that relate to the formation of contracts
    • Understand the main approaches in the negotiation of commercial agreements with external organizations
    • Understand how to prepare for negotiations with external organizations
    • Understand how commercial negotiations should be undertaken
  • Managing contracts and relationships in procurement and supply
    • Understand the dynamics of relationships in supply chains
    • Understand the legal aspects relating to the performance of contracts
    • Understand the main approaches to achieve the management of contracts
    • Understand the main techniques for the management of contracts and suppliers
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