CIPS Level 4 Diploma in Procurement and Supply - Module 7

CIPS Level 4 Diploma in Procurement and Supply

This CIPS Level 4 Diploma in Procurement and Supply is a recognized qualification within the fields of procurement and supply chain management. This Diploma demonstrates the holders capabilities as a competent and effective procurement and supply professional.

Focus

The CIPS Level 4 Diploma in Procurement and Supply - Module 7 certification focuses on Procurement and Supply Chain Management

Exam Duration

The CIPS Level 4 Diploma in Procurement and Supply - Module 7 exam duration is Approximately 3 hours

Num of Question

The exam contains a total of 30 multiple-choice questions

Exam Fee

The exam fee is Not specified.

Exam Validity

The CCRN-Pediatric certification is valid for This qualification is valid for a lifetime - there are no renewal fees..

Prior Certification

• No prior certification required

Exam Format

The CIPS Level 4 Diploma in Procurement and Supply - Module 7 exam is a Multiple choice questions

Passing Conditions

To pass CIPS Level 4 Diploma in Procurement and Supply - Module 7 exam, applicants must achieve a minimum score of Pass mark - 40% or more

Who Should Take

Professionals who work in procurement and supply chain functions, or those aspiring to work in these roles.

• Procurement Officer
• Supply Chain Manager
• Buyer
• Purchasing Manager

Prerequisites

No work experience is required for this certification.

Or can substitute with certifications:

• N/A
• N/A

Certification Process

• Register for the CIPS Level 4 Diploma in Procurement and Supply with a CIPS approved training provider
• Pass the 7 module exams (including Module 7)

Domains with Weights

• Module 1: Professional Ethics, Procurement and Supply in Context (10%): Understand the role of procurement and supply management in organizational strategy; Understand the key drivers of change and the role of procurement and supply at the forefront of driving cost reduction and operational improvement;
• Module 2: The Procurement Cycle (10%): Understand the procurement cycle from strategy development to contract completion; Understand the importance of meeting business needs and matching them with appropriate supply sources to support the delivery of the business strategy;
• Module 3: Procurement and Supply in a Global Context (10%): Understand the importance of developing a supply chain that delivers value to the business in a global context; Be able to identify key factors that may influence and shape the supply chain to meet global business needs;
• Module 4: Buyer-Supplier Relationships and Partnership (15%): Understand the factors that will influence buyer-supplier relationships including the roles, responsibilities, and potential benefits for both parties; Be able to apply best practice procurement and supply partnership models.
• Module 5: Procurement and Supply Chain Risk Management (20%): Be able to identify, assess, and mitigate procurement and supply chain risks; Understand factors that comprise these risks and the risk management strategies to mitigate such risks.
• Module 6: Procurement and Supply Chain Performance Metrics (10%): Understand how to measure and evaluate procurement and supply chain performance using a range of metrics; Be able to apply metrics such as cost savings, lead time, service level, and on-time delivery.
• Module 7: Dynamic Procurement and Supply in Uncertainty (25%): Understand the factors that influence procurement and supply in uncertain and rapidly changing environments; Be able to develop the skills and approaches to manage supply chains in this environment.