CIPS Level 4 Diploma in Procurement and Supply - Module 5

CIPS Level 4 Diploma in Procurement and Supply - Module 5

This module covers negotiation techniques, contract management, relationship management and purchasing strategy.

Focus

The CIPS Level 4 Diploma in Procurement and Supply - Module 5 certification focuses on Procurement and Supply

Exam Duration

The CIPS Level 4 Diploma in Procurement and Supply - Module 5 exam duration is N/A

Num of Question

The exam contains a total of N/A

Exam Fee

The exam fee is £425 (excluding VAT) or $570 (excluding taxes).

Exam Validity

The CCRN-Pediatric certification is valid for Up to 2 years.

Prior Certification

• CIPS Level 3 Certificate in Procurement and Supply or equivalent

Exam Format

The CIPS Level 4 Diploma in Procurement and Supply - Module 5 exam is a Computer-based

Passing Conditions

To pass CIPS Level 4 Diploma in Procurement and Supply - Module 5 exam, applicants must achieve a minimum score of Pass each unit to get the full Diploma

Who Should Take

Individuals interested in purchasing and supply chain profession

• Senior buyers
• Purchasing managers
• Supply chain managers
• Business analysts
• Procurement professionals
• Supply chain professionals

Prerequisites

2-5 years of experience in buying roles

Or can substitute with certifications:

• CIPS Level 4 Certificate in Procurement and Supply
• Other Level 4 qualifications with experience in buying

Certification Process

• Enrol with CIPS and access the learning portal
• Complete the learning content
• Participate in online workshops
• Book and sit the exams
• Maintain and update knowledge and skills

Domains with Weights

• Negotiation and Contract Management (20%): Understanding the principles of negotiation, developing negotiation skills, contract management, and understanding the importance of clear contracting.
• Relationship Management and Stakeholder Engagement (20%): Understanding the principles of relationship management, developing relationship management skills, stakeholder engagement, and understanding the importance of effective communication.
• Purchasing Strategy and Sustainable Procurement (20%): Understanding the principles of purchasing strategy, developing purchasing strategy, sustainable procurement, and understanding the importance of creating value for the organisation.
• Operational and Supply Chain Management (20%): Understanding the principles of operational management, supply chain management, and understanding the importance of managing operational risks.
• Ethical and Governance Issues in Procurement and Supply (20%): Understanding the principles of ethical procurement, governance issues, and understanding the importance of managing risks and complying with policies.