CIPS Level 5 Advanced Diploma In Procurement And Supply Course in Panama City

CIPS Level 5 Advanced Diploma in Procurement and Supply Course Outline

Total Credit Value: 60

Level 5 Advanced Diploma in Procurement and Supply

L5M1- Managing Teams and Individuals

1.0: Understand, Analyse, And Apply Management and Organisational Approaches

• 1.1 Aspects of Organisational Behaviour
• 1.2 Traditional Approaches to Management and Organisational Behaviour
• 1.3 Contemporary Approaches to Management and Organisational Behaviour
• 1.4 Influences That Shape Organisational Behaviour

2.0: Approaches to Managing Individuals

• 2.1 Different Behavioural Characteristics of Individuals
• 2.2 Importance of Knowledge and Learning in Management
• 2.3 Analyse Motivation Theories and Approaches
• 2.4 Analyse and Apply the Major Dimensions That Influence Job Satisfaction

3.0: Approaches to Planning and Managing Work Groups or Teams

• 3.1 Impact of Work Groups or Teams on Effective and Efficient Performance
• 3.2 Analyse Theory and Practice of Developing Effective Work Groups
• 3.3 Assess the Importance of Team Development and Change

4.0: Management Principles in Procurement and Supply

• 4.1 Assess Procurement Alignment with Organisational Strategy
• 4.2 Evaluate Procurement Team Roles and Stakeholder Trust
• 4.3 Examine Learning in Procurement Functions
• 4.4 Assess Personal Behaviour Development in Procurement Activities

L5M2- Managing Supply Chain Risk

1.0 Understand the Nature of Risk Affecting Supply Chains

• 1.1 Different Types of Risk That Can Impact on Supply Chains
• 1.2 Assess Operational Risks in Supply Chains
• 1.3 Methods for Eliminating Fraud and Corruption in Supply Chains
• 1.4 Risks in Supply Chains That Can Impact on Organisational ESG Considerations

2.0 Understand Processes in Managing Risk in Supply Chains

• 2.1 Use of Contractual Terms to Help Manage Risk in Supply Chains
• 2.2 Analyse the Use of Third-Parties in Risk Management in Supply Chains
• 2.3 Use of Insurances for Supply Chain Risks
• 2.4 Use of Contingency Plans in Response to Risks in Supply Chains

3.0 Risk Mitigation Strategies in Supply Chains

• 3.1 Use of Probability and Impact Assessments to Manage Risks in Supply Chains
• 3.2 Analyse and Propose How Risk Assessments and Risk Registers
• 3.3 Development of A Risk Management Culture and Strategy

L5M3- Managing Contractual Risk

1.0 Legal and Process Issues Relating to The Formation of Contracts

• 1.1 Issues Relating to The Formation of Contracts and The Associated Risks
• 1.2 Analyse the Various Elements of Contractual Process on Overall Risk

2.0 Impact of Breach of Contract and Approaches for Managing Breach

• 2.1 Analyse Types and Impact of Contract Breach
• 2.2 Compare and Contrast the Methods to Manage Breach of Contract
• 2.3 Explain Options to Mitigate the Consequences of a Breach of Contract

3.0 Legal Implications of Contractual Non-Conformance in Procurement and Supply

• 3.1 Contrast Remedies That Apply to The Non-Performance of Contracts
• 3.2 Legal Consequences of Terminating A Supplier Relationship for Non-Performance

L5M4- Advanced Contract and Financial Management

1.0 Tools and Techniques to Measure and Develop Contract Performance

• 1.1 Application of Key Performance Indicators (Kpis) In Delivering Contract Performance
• 1.2 Methods of Measuring and Improving Contract Performance
• 1.3 Approaches Available for Supplier Contract Performance
• 1.4 Scope and Developments to Improve ESG Considerations in Supply Chains

2.0 Understand and Apply the Concept of Strategic Sourcing

• 2.1 Market Factors That Influence Strategic Sourcing
• 2.2 Assessment of Sourcing Options and Trade-Offs for Strategic Supply of Products And/or Services
• 2.3 Strategic Assessment Plan for A Key Supplier Using Modelling and Analytical Techniques

3.0 Understand and Apply Financial Techniques That Affect Supply Chains

• 3.1 Finance Can Impact on Supply Chains
• 3.2 Methods for Managing the Volatility of Currencies in Supply Chains
• 3.3 Analyse Methods for Managing the Volatility of Commodities

4.0 Analyse and Apply Financial and Performance Measures That Can Affect the Supply Chain

• 4.1 Financial Measures That Can Be Applied to The Performance of The Supply Chain
• 4.2 Impact of Stakeholder Feedback on The Supply Chain Performance
• 4.3 Approaches to Benchmarking That Can Be Applied to Measuring Supply Chain Performance

L5M5- Managing Ethical Procurement and Supply

1.0 Impact of ESG Considerations on Ethical and Sustainable Supply Chains

• 1.1 Analyse Application of Ethical and ESG (Environmental, Social, And Governance) Factors in Supply Chains
• 1.2 Contrast the Factors Influencing Globalisation in Supply Chains
• 1.3 Assess Cultural and Social Factors in Ethical Procurement
• 1.4 Contrast Stakeholder Conflicts In ESG-Based Procurement Strategies

2.0 Importance of Compliance with ESG Factors

• 2.1 Methods to Achieve ESG Standards for Ethical Supply Chains
• 2.2 Contractual Terms Supporting ESG Objectives
• 2.3 Evaluate of Use Third-Parties to Enhance ESG Compliance in Supply Chains
• 2.4 Manage Supplier Relations After ESG Failures

3.0 ESG Initiatives and Standards

• 3.1 Role of International Labour Standards and Accreditations in ESG Compliance
• 3.2 External Environmental Standards and Accreditations Supporting ESG Objectives
• 3.3 Analyse Standards Promoting Fair Trade in Ethical Procurement

L5M6- Category Management

1.0: Approaches That Can Be Used to Develop Category Management Strategies

• 1.1 Strategic and Conventional Sourcing Processes and Their Role
• 1.2 Models for The Adoption of Category Management
• 1.3 Identify the Technical and Behavioural Skills Required to Implement

2.0: Concepts, Tools and Techniques Associated with Managing Expenditure

• 2.1 Types of Expenditure That Can Be Analysed for Category Management Processes
• 2.2 Compare and Contrast the Tools and Techniques That Can Be Applied to Map Categories

3.0: Strategic Impact of a Category Management Process

• 3.1 Data Required for The Development of a Category Management Process
• 3.2 Requirements for Initiating and Preparing the Introduction of a Category Management Process
• 3.3 Supply Market Factors That Impact on The Development of a Category Management Process

L5M7- Achieving Competitive Advantage Through the Supply Chain

1.0 Understand the Dynamics of Supply Chains

• 1.1 Compare Supply Chains, Supply Network and Supply Chain Management
• 1.2 Analyse the Added Value That Effective Supply Chain Management Can Deliver for The Organisation.
• 1.3 Analyse the Relationship Between Organisational Infrastructure and Process Management in The Supply Chain Management.
• 1.4 Compare Approaches to Improving Supply Chains.

2.0 Achieving Competitive Advantage Through the Supply Chain

• 2.1 Compare Approaches to Total Quality Management for Supply Chain Improvement
• 2.2 Analyse the Use of Statistical Methods to Achieve Supply Chain Improvement
• 2.3 Critically Appraise Processes That Can Be Used for Supply Chain Improvement
• 2.4 Examine How Business Process Re-Engineering (Bpr) And Benchmarking Can Be Used for Supply Chain Improvement

3.0 Achieving Competitive Advantage Through the Supply Chain

• 3.1 Evaluate Sources of Competitive Advantage
• 3.2 Analyse Pricing Arrangements That Can Be Used to Achieve Competitive Advantage in The Supply Chain
• 3.3 Analyse Cost Reduction Activities for A Supply Chain to Achieve Competitive Advantage
• 3.4 Assess Methods to Promote Greater Collaboration in Supply Chains to Support the Achievement of Competitive Advantage

L5M8- Project and Change Management

1.0 Aspects of Projects in Organisations

• 1.1 Analyse Aspects of Projects in Organisations
• 1.2 Impact on Supply Chain Relationships of Undertaking Projects
• 1.3 Analyse the Resources for Projects
• 1.4 Analyse the Project Life Cycles of Projects

2.0 Concept of Organisational Change and How It Can Be Achieved

• 2.1 Types of Organisational Change
• 2.2 Analyse Situations That Lead to Organisational Change
• 2.3 Organisational Responses to Change
• 2.4 Methods to Manage, Achieve, And Maintain Change

3.0 Approaches to The Planning and Management of Projects and Change Initiatives

• 3.1 Evaluate Structures for Corporate Governance
• 3.2 Common Objectives for Projects
• 3.3 Approaches to The Management of Risks for Projects
• 3.4 Compare Methodologies for The Planning of Projects

Who Should Attend this CIPS Level 5 Advanced Diploma in Procurement and Supply?

This CIPS Level 5 Advanced Diploma in Procurement and Supply Course is designed for anyone who wants to enhance category management and expenditure analysis. However, this training will be beneficial for:

• Procurement Directors
• Supply Chain Directors
• Category Managers
• Sourcing Specialists
• Contract Managers
• Risk Managers
• Supplier Relationship Managers
• Supply Chain Consultants

Prerequisites of the CIPS Level 5 Advanced Diploma in Procurement and Supply course

Completion of the CIPS Level 4 Diploma is required before registering in this course. If you have not yet completed Level 4, you can pursue it with us before advancing to this qualification.

CIPS Level 5 Advanced Diploma in Procurement and Supply Course Overview

CIPS Level 5 Advanced Diploma in Procurement and Supply is a prestigious qualification aimed at professionals seeking to deepen their strategic procurement and supply chain expertise. It holds significant importance as it equips learners with the ability to manage procurement and supply activities across a variety of sectors, enhancing organisational effectiveness. Moreover, attaining this diploma often leads to enhanced career opportunities and potential for advancement in the field of procurement and supply chain management.

In this course, delegates will gain an in-depth understanding of advanced procurement and supply management techniques. They will learn how to evaluate and implement strategic sourcing methods, manage risks and contractual obligations effectively, and foster ethical procurement practices. The training also covers category management, project and change management, and operations management, equipping participants with the skills to optimise supply chain operations and drive organisational success. This training will be conducted by our highly professional and skilled trainer, who has years of experience in teaching.

Course Objectives

• To enhance strategic decision-making in procurement and supply
• To effectively manage and mitigate risks in supply chains
• To implement ethical and sustainable procurement practices
• To analyse and improve operations management strategies
• To develop skills in category management and expenditure control
• To apply advanced contractual knowledge in procurement activities

After completing this training, delegates will be equipped to implement strategic procurement processes, manage supply chain risks, and contribute to the ethical and sustainable growth of their organisations. They will be able to apply their skills to improve overall business efficiency and effectiveness.

What’s included in this CIPS Level 5 Advanced Diploma In Procurement And Supply Course

The CIPS Level 5 Advanced Diploma in Procurement and Supply is worth a total of 60 credits. This comprehensive Course includes the following key components:

• Unlimited Tutor Support
• Live Tutor Support Sessions
• Interactive Learning Content
• Flexible Study Options
• Access to Industry-Experienced Tutor