- Worldwide recognition - CIPS study programs are recognized around the world
- A clear learning path linked to career progress - Wherever you start your learning journey, every CIPS award is closely aligned to a specific job level, helping you to prepare for promotion and enhancing your personal and professional development.
- Greater choice of business specific subjects - Traditional purchasing skills and relationship management:With the new topics and key business essentials, the CIPS membership levels are more closely aligned than ever to real life business issues.
- Remuneration - Salaries have risen rapidly over the last decade, outstripping other professions such as IT, finance, HR or sales and marketing. Purchasers who are members of the institute can expect to earn around £2,000 more than non-members. In addition, 57 per cent of procurement staff report good or excellent job satisfaction.(*Reference: CIPS / Croner Reward Purchasing and Supply Salary Survey, 2009)
- Transferable skills give you a choice and variety of potential workplaces - One of the most beneficial things about this career is that a well-qualified purchasing professional can walk into a wide range of environments where they can use their skills to buy a whole variety of products and services.
The "Diploma in Procurement & Supply" is a valuable management tool which focuses on how organizational procedures and processes perform in purchasing and supply, including negotiating, planning, risk management and data analysis. The Diploma program consists of following five units:
- Contexts of Procurement and Supply - Emphasis on added value; Sourcing process: tendering, added value of each stage; Policies and procedures; Relationship between compliance and the achievement of added value outcomes; Emphasis on systems, P2P, ERP.
- Business Needs in Procurement and Supply - Types of purchases; Market data; Business cases; Financial budgets; Market dialogue; Information assurance; Specifications; KPIs ; Contract terms; Pricing arrangements; Development of outsourcing.
- Sourcing in Procurement and Supply - Intra company trading/ transfer pricing; Selection/ award criteria; SME’s, 3rd sector, fair trade; Financial appraisal; Data; E-Requisitions, E-Catalogues; Safety and standards.
- Negotiating and Contracting in Procurement and Supply - Frameworks/ mini comps; Information gathering; Costing & price negotiation; Macro and micro economics.
- Managing Contracts and Relationships in Procurement and Supply - STEEPLE (Social, Technological, Economic, Environment, Political, Legislative, Ethical); Relationships as a process; Contract terms and limits of liability; Data on the performance of contracts; Responsibilities for contract management; Contract management v Supplier Relationship Management; Quality improvement.
Minimum requirement: Bachelor’s degree holder, with at least five years’ experience in a business environment. Copies of certificate should be provided at the time of registration.
Spread over 8 months, classes are scheduled twice a week during evening hours/weekends. International exams are scheduled during May and November.
The Chartered Institute of Purchasing & Supply (CIPS) is the premier global organization, serving the procurement and supply profession. CIPS dedicated to promoting best practice within the profession, and is the largest provider offering specialist courses across all aspects and levels of the supply chain, from the start of a career to senior management level. For more information log on to www.cips.org.