A Diploma in Procurement and Supply is CIPS highest entry point, aimed at those who have been in an operational or managerial procurement position, or a commercial role, for at least 2 years. Graduates new to industry can enter at this level.
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Courses Modules
The Level 4 Diploma course comprises 8 Core Modules. Students must complete all eight core modules to achieve the Diploma in Procurement & Supply.
Core Modules (Complete all 8 core modules)
L4M1 Scope & Influence of Procurement & Supply
Understand added value strategies that can be achieved through procurement and supply. Understand the key steps when procuring goods & services. Analyse the key aspects of organisational infrastructure which shape the scope of procurement. The need for compliance when undertaking procurement activities.
L4M2 Defining Business Need
Understand how to devise a business case when sourcing. Understand market management in procurement & supply. The use of specifications in procurement & supply
L4M3 Commercial Contracting
Understand the legal issues that relate to the formation of contracts. Specifications and key performance indicators that are included in contracts and key clauses when contracting with suppliers.
L4M4 Ethical and Responsible Sourcing
Options for sourcing from suppliers. Sourcing processes and the analysis of potential external suppliers. Compliance issues when sourcing and understanding ethical & responsible sourcing.
L4M5 Commercial Negotiation
Key approaches and strategies in the negotiation of commercial agreements with suppliers. How to prepare for negotiations, stages of negotiation and how commercial negotiations should be undertaken.
L4M6 Supplier Relationships
Understand the dynamics of relationships in supply chains and when to partner. Processes and procedures for successful working with stakeholders. The concept of partnering.
L4M7 Whole Life Asset Management
Methods for the storage and movement of inventory (stock). The key elements of inventory control and the concept of through life cost
L4M8 Procurement & Supply in Practice
Students have to demonstrate the application of the procurement cycle. Demonstrate the application of the key stages of the sourcing process, the application of whole life asset management and the application of ethical and responsible sourcing in the organisation.
Entry Requirements
This is CIPS highest entry point. A minimum of at least two A Levels (or international equivalent) or a CIPS level 3 Advanced Certificate qualification is required. Alternatively, you will need a minimum of two years' commercial experience.
CIPS Level 4 Examinations
All assessments are computer based. Assessment is by 2 x 3 hour written examinations and 6 x 1.5 hour multiple choice exams.
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FAQs
Students will have learned about making procurement and supply happen within an organisation and will be equipped with a range of knowledge and tools to apply in their workplace. Participants will be able to analyse, interpret and evaluate relevant information and have an informed awareness of differing perspectives and approaches within the profession.
For our Level 4 Personal Tutoring and Distance Learning, students can start at any time. There is no deadline to enrol. For our Classroom courses, please contact us for more information on entry points and availability.
Yes. All study material is included in our course fees. Study resources consist of CIPS module textbooks, lecture slides, case studies and mock exam questions.
CIPS Level 4 Diploma in Procurement and Supply can be completed within 6 to 12 months.