CIPS Level 4 Module 4 (Ethical and Responsible Sourcing 6Cr)
- Description
- Curriculum
- Reviews
In any organisation, a significant element of procurement and supply activity is based around decisions to internally conduct activity or to source from an external supplier. The selection of the optimal external suppliers is a vital contributor to overall organisational success. This module enables professionals with roles in procurement and supply to formulate sourcing strategies and selection criteria to ensure that the organisation can make the best choice of external suppliers. This module explains options for sourcing, and examines the key processes that can be applied to the analysis of potential external suppliers to ensure sourcing arrangements meet sustainable, environmental, social and ethical goals.
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L4M4 Learning Outcomes1.0 Understand options for sourcing requirements from suppliers
1.1 Identify the sourcing (pre-contract stages 1-8 in CIPS Procurement Cycle) process in relation to procurement
1.2 Differentiate between approaches to the sourcing of requirements from suppliers
1.3 Define the options and trade-offs when sourcing requirements from external suppliers
1.4 Define the award criteria that can be commonly applied when sourcing requirements from external suppliers
2.0 Understand the key processes that can be applied to the analysis of potential external suppliers
2.1 Analyse commonly used sources of information on market data that can impact on the sourcing of requirements from external suppliers
2.2 Identify the key processes used for obtaining quotations and tenders
2.3 Identify the processes that can be typically used to assess quotations or tenders
3.0 Understand compliance issues when sourcing from suppliers
3.1 Compare the key legislative, regulatory and organisational requirements when sourcing in the not for-profit, private and public sectors
3.2 Compare the key legislative, regulatory and organisational requirements when undertaking international sourcing in the not for-profit, private and public sectors
3.3 Identify and apply environmental, social and governance practices that support responsible sourcing
3.4 Compare the use of audits and other feedback mechanisms to evaluate environmental, social and governance standards
3.5 Contrast processes and practices that the organisation could adopt to meet environmental, social and governance goals
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LO 1.0 Understand options for sourcing of requirements from suppliers
1.1 Identify the sourcing (pre-contract stages 1-8 in CIPS Procurement Cycle) process in relation to procurement
1.2 Differentiate between approaches to the sourcing of requirements from suppliers
1.3 Define the options and trade-offs when sourcing requirements from external suppliers
1.4 Define the award criteria that can be commonly applied when sourcing requirements from external suppliers
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1.0 Case Study -
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1.1 Practice questions
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1.2 Practice questions
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1.3 Practice questio
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1.4 Practice questions
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LO 2.0: Understand the key processes that can be applied to the analysis of potential external suppliers
2.1 Analyse commonly used sources of information on market data that can impact on the sourcing of requirements from external suppliers
2.2 Identify the key processes used for obtaining quotations and tenders
2.3 Identify the processes that can be typically used to assess quotations or tenders
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2.0 Case Study
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2.1 Practice questions
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2.2 Practice questions
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2.3 Practice questions
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LO 3.0: Understand compliance issues when sourcing from suppliers
LO 3.0: Understand compliance issues when sourcing from suppliers
3.1 Compare the key legislative, regulatory and organisational requirements when sourcing in the not-for-profit, private and public sectors
3.2 Compare the key legislative, regulatory and organisational requirements when sourcing from international suppliers
3.3 Identify and apply environmental, social and governance practices that support responsible sourcing
3.4 Compare the use of audits and other feedback mechanisms to evaluate environmental, social and governance standards
3.5 Contrast processes and practices that the organisation could adopt to meet environmental, social and governance goals
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3.0 Case Study
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3.2 Study Case
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3.1 Practice questions
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LO 3.2 Practice questions
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3.3 Practice question
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3.3 Practice questions
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3.4 Practice questions
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LO 3.5 Practice questions
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L4M4 EXAM PRACTICE QUESTIONS
On completion of this module, learners will be able to explain the options and associated processes available for sourcing with external suppliers. They will also examine the legal and ethical impact and the implications of sustainability, encompassing economic, environmental, social and governance factors on the final sourcing decision.
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.
