CIPS Level 4 Module 8 (Procurement and Supply in Practice 12Cr)
- Description
- Curriculum
- Reviews
Procurement is the business function that ensures identification, sourcing, access and management of external resources that an organisation needs or may need to successfully fulfil its strategic objectives. It exists to explore supply market opportunities and to implement resourcing strategies that deliver the best possible supply outcomes to the organisation, its stakeholders and customers. In today’s volatile global trading environments, it is not enough for procurement and supply professionals to simply know the theory behind their profession; they must also be in a position to confidently and effectively apply that knowledge to the benefit of the whole organisation, its stakeholders and customers. This module is designed to test the practical application of procurement and supply concepts and ideas within the practical environments in which professionals are expected to perform.
L4M7 Learning outcomes
1.0 Demonstrate the application of the procurement cycle
1.1 Apply the stages of the procurement cycle to the practical procurement and supply contexts
2.0 Demonstrate the application of the stages of the procurement process
2.1 Apply the pre-contract stages (stages 1-8) of the CIPS Procurement Cycle to the practical procurement and supply environment
2.2 Apply the post-contract stages (stages 9-13) of the CIPS Procurement Cycle to the practical procurement and supply environment
2.3 Calculation and assessment of performance indicators
3.0 Demonstrate the application of whole life-asset management
3.1 Apply whole-life asset management principles in a range of sectors and industries
4.0 Demonstrate the application of environmental, social and governance principles in a range of sectors and industries
4.1 Apply environmental, social and governance principles
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1
L4M8 Learning outcomes1.0 Demonstrate the application of the procurement cycle
1.1 Apply the stages of the procurement cycle to the practical procurement and supply contexts
2.0 Demonstrate the application of the stages of the procurement process
2.1 Apply the pre-contract stages (stages 1-8) of the CIPS Procurement Cycle to the practical procurement and supply environment
2.2 Apply the post-contract stages (stages 9-13) of the CIPS Procurement Cycle to the practical procurement and supply environment
2.3 Calculation and assessment of performance indicators
3.0 Demonstrate the application of whole life-asset management
3.1 Apply whole-life asset management principles in a range of sectors and industries
4.0 Demonstrate the application of environmental, social and governance principles in a range of sectors and industries
4.1 Apply environmental, social and governance principles
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2
1.1 Apply the stages of the procurement cycle to the practical procurement and supply contexts
1.1.1 The holistic application of the CIPS Procurement Cycle
1.1.2 The benefits and limitations of structured procurement processes
1.1.3 The application of procurement processes in a range of workplace contexts: public, private and third sectors
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3
1.0 Case study -
4
1.1 Practice question
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5
LO 2.0 Demonstrate the application of the stages of the procurement process
2.1 Apply the pre-contract stages (stages 1-8) of the CIPS Procurement Cycle to the practical procurement and supply environment
2.2 Apply the post-contract stages (stages 9-13) of the CIPS Procurement Cycle to the practical procurement and supply environment
2.3 Calculation and assessment of performance indicators
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6
2.0 Case study
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7
2.0 Practice questions
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8
3.0 Demonstrate the application of whole life-asset management
3.1 Apply whole-life asset management principles in a range of sectors and industries
3.1.1 Application of whole-life asset principles in a range of sectors: public, private and third sector
3.1.2 Application of whole-life asset principles in a range of industries: primary, secondary and tertiary industries
3.1.3 Application of whole-life asset principles in global sourcing, considering the risks and benefits associated with extended supply chain
3.1.4 The application of whole-life asset management principles in the management of costs and risks
3.1.5 The application of whole-life asset management principles in the management of stakeholders
3.1.6 The application of whole-life asset management principles to product end-of-life and decommissioning activities
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9
3.0 Case study
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10
LO 3.0 Practice question
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11
LO 4.0: Demonstrate the application of environmental, social and governance principles in a range of sectors and industries
4.1 Apply environmental, social and governance principles
4.1.1 Application of environmental, social and governance principles in a range of sectors: public, private and third sector
4.1.2 Application of environmental, social and governance principles in a range of industries: primary, secondary and tertiary industries
4.1.3 Use and application of supplier monitoring and KPIs to track and improve performance
4.1.4 To be able to apply practical steps to achieve environmental, social and governance goals in a range of contexts: public, private and third sectors
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12
4.0 Case study
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13
LO 4.0 Practice Questions
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14
L4M8 CR EXAM PRACTICE QUESTIONS
Significance of the L4M8
On completion of this Module, learners will be able to demonstrate the practical application of the procurement cycle in an integrated manner, within a workplace context. This Module is designed as a summary module, drawing on the knowledge and skills developed in M1 to M7 and applying these in a work context.
CIPS Certificate, CIPS Advanced certificate OR HND / higher qualifications in Management, Logistics, Ac-counting, Marketing, etc OR GCE Advanced level PLUS Appropriate work experience.
CIPS Certificate, CIPS Advanced certificate OR HND / higher qualifications in Management, Logistics, Ac-counting, Marketing, etc OR GCE Advanced level PLUS Appropriate work experience.
