L4M1 LEARNING OUTCOMES

1.0 Understand and analyse the added value that can be achieved through procurement and supply chain management

1.1 Compare the concepts of procurement and supply chain management

1.2 Analyse the different sources of added value in procurement and supply

1.3 Describe the categories of spend that an organisation may purchase

1.4 Differentiate the stakeholders of procurement or supply chain functions

2.0 Understand and analyse the key steps when procuring goods or services

2.1 Explain each stage of the CIPS Procurement Cycle

2.2 Analyse each stage of the CIPS Procurement Cycle in relation to adding value

2.3 Explain how electronic systems can be used at different stages of the CIPS Procurement Cycle

2.4 Analyse the relationship between policy and process compliance and required outcomes

3.0 Understand and analyse aspects of organisational infrastructure that shape the scope of procurement and supply chain functions

3.1 Explain aspects of corporate governance impacting the procurement or supply chain function

3.2 Analyse the impact of organisational policies and procedures on procurement and supply

3.3 Examine the different structures of a procurement or supply chain function

3.4 Explain the common IT systems that can be used by a procurement or supply chain function

4.0 Understand and analyse the need for compliance with requirements when undertaking procurement activities in different sectors

4.1 Classify different economic and industrial sectors

4.2 Analyse the impact of the public sector on procurement and supply chain activities

4.3 Examine the impact of the private sector on procurement or supply chain activities

4.4 Examine the impact of the not-for-profit or third sector on procurement or supply chain activities