CIPS Level 3 Advanced Certificate in Procurement and Supply - Module 4
- Product Code: l3m4
- Exam Questions: 122
- Vendor: cips
$9.99
$12.99- Updated At: Nov 14, 2024
CIPS Level 3 Advanced Certificate in Procurement and Supply - Module 4
The Advanced Certificate in Procurement and Supply is designed for procurement professionals and covers advanced topics in procurement and supply management.
Focus
The CIPS Level 3 Advanced Certificate in Procurement and Supply - Module 4 certification focuses on Procurement and Supply Management
Exam Duration
The CIPS Level 3 Advanced Certificate in Procurement and Supply - Module 4 exam duration is 2 hours
Num of Question
The exam contains a total of 20
Exam Fee
The exam fee is £395 (including exam and membership).
Exam Validity
The CCRN-Pediatric certification is valid for Lifetime.
Prior Certification
- CIPS Level 3 Advanced Certificate in Procurement and Supply - Module 1-3
Exam Format
The CIPS Level 3 Advanced Certificate in Procurement and Supply - Module 4 exam is a Pen and Paper
Passing Conditions
To pass CIPS Level 3 Advanced Certificate in Procurement and Supply - Module 4 exam, applicants must achieve a minimum score of 50% Pass Mark
Who Should Take
Procurement professionals, those working in procurement and supply roles, or individuals looking to progress in their procurement careers.
- Procurement Manager
- Senior Buyer
- Supply Chain Manager
Prerequisites
N/A
Or can substitute with certifications:
- Other relevant qualifications or experience
Certification Process
- Apply for membership with CIPS
- Meet the entry requirements
- Pay for the exam fee
- Attend a study text and examination session
- Pass the exam
Domains with Weights
- Module 4: Contracts and Relationships (30%): This domain focuses on the lifecycle of contracts, contract types, and maintaining and evaluating supplier relationships. It looks at the critical skills needed to manage complex relationships with suppliers and create value from these relationships.
- Module 4: Sourcing and Procurement Strategy (40%): This domain covers the strategy and techniques used in sourcing and procurement, including category management, market analysis, and collaboration. It looks at the role of procurement in business strategy and how to apply data, analytics, and market insights to achieve procurement objectives.
- Module 4: Logistics and Supply Chain Management (30%): This domain looks at the principles and practices of logistics and supply chain management, including supply chain design, transportation, warehousing, and inventory management. It looks at how these functions can be optimized to meet business requirements.
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