Course Brief
On completion of this module, learners will be able to develop measures to ensure and improve contract performance as they assess the concept and use of strategic sourcing and also consider financial aspects that may impact procurement and supply activity.
- This course is offered in 50 hours
Upon successful completion of this unit the learner will be able to:
- Understand and apply tools and techniques that can be used to measure and develop contract
performance in procurement and supply - Understand and apply the concept of strategic sourcing
- Understand and apply financial techniques that affect supply chains
- Analyse and apply financial and performance measures that can affect the supply chain
- Assessment Format – Constructed response. Closed book under exam conditions
- Number of learning outcomes tested – 4
- Marks per learning outcome – 25
- Question format – Essay Style
- Examination Duration: 3 hours
- Pass Mark – 50%
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Advanced Diploma in Procurement and Supply
Earn this prestigious qualification in Procurement and Supply that sets you apart in your career!
The Advanced Diploma in Procurement and Supply equips senior buyers, contract managers, and supply chain professionals with the skills needed to enhance organizational procurement and achieve business objectives. This program provides you with the knowledge required to reduce costs, improve quality and timelines, effectively manage the supply chain, and navigate legal issues.
Building on the foundation set by the Advanced Certificate and Diploma levels, this qualification emphasizes a deeper understanding of the practical, theoretical, and technical aspects of procurement and supply. Your studies will concentrate on addressing key risks in supply chains and developing strategies to mitigate those risks, as well as processing and evaluating procurement activities.
Ready for your MCIPS designation in procurement and supply? Complete our CIPS Professional Diploma in Procurement and Supply.
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