Best Practices for CIPS Level 4 Diploma in Procurement and Supply

Details

This intensive course covers the essential principles and practices needed to succeed in the CIPS Level 4 Diploma. Participants will gain in-depth understanding of procurement and supply management, exploring advanced techniques and strategies that align with the CIPS curriculum.

Target Group

Target Group:

• Procurement professionals aiming to enhance their skills and knowledge.
• Supply chain managers and buyers.
• Individuals preparing for the CIPS Level 4 Diploma in Procurement and Supply.
• Professionals seeking to advance their careers in procurement and supply chain management.

Goals

• Master the key concepts and principles of procurement and supply management.
• Understand the legal and contractual aspects of procurement.
• Develop skills in supplier relationship management and negotiation.
• Learn to manage procurement processes and logistics effectively.
• Gain insights into sustainable and ethical procurement practices.
• Enhance financial management skills relevant to procurement.
• Explore strategic procurement and category management.
• Understand risk management in the procurement context.
• Develop capabilities in contract management and compliance.
• Apply best practices to improve procurement performance.

Target Competencies

Target Competencies:

• Advanced procurement and supply management skills.
• Legal and contractual proficiency.
• Supplier relationship and negotiation expertise.
• Strategic procurement planning and category management.
• Risk management and compliance capabilities.

Outlines

Introduction to Procurement and Supply Management

• Key concepts and definitions in procurement and supply.
• The role of procurement in organizational success.
• Overview of the procurement process.
• The importance of effective supply chain management.
• Aligning procurement strategy with business objectives.

Legal and Contractual Aspects of Procurement

• Understanding contract law and its implications for procurement.
• Key elements of a procurement contract.
• Managing contractual risks and liabilities.
• Ensuring compliance with legal and regulatory requirements.
• Dispute resolution and contract termination procedures.