Module Purpose: On completion of this module, learners will be able to define the uses of, and identify the advantages offered by systems technology in improving procurement and supply activity whilst maintaining overall quality.

Module Aim: The impact of Internet based technologies and the use of data base information systems is key to the ability of the organisation to manage its expenditures on goods and services. This module is designed for those involved in the procurement and supply operation who, to ensure success must identify advantages of current technology but must also know the importance of quality management as efficiencies are sought through continuous improvement to organisational performance.

Certified Inventory Optimization Professional
CIOP is a global supply chain management and inventory management certification program exclusively developed for corporations to optimize the inventory in their supply chain. CIOP teaches the global best practices in 30 modules over 90 hours of live, faculty-led, online training. It is founded on Inventory Management Body of Knowledge (IMBoK) version 3.0. CIOP is a comprehensive program includes training, reference material, Learning Management and Assessment System (LMAS), examination and certificate.

The LMAS contains classroom presentations, classroom notes, video lessons, audio lessons, quizzes, reference materials, terminologies and articles recommended by faculty.

The CIOP Examination is 3 hours, online, proctored examination with 180 multiple-choice questions. The participant needs to secure 70% of the maximum score (360 marks) to pass in the examination.

You can learn more about the CIOP certification in the below links:
CIOP Website: https://pages.fhyzics.net/ciop 
Faculty Profile: https://pages.fhyzics.net/principal-consultant

Click here to request quote for the CIOP certification program.

Fhyzics Business Consultants is an Approved Study Centre of Chartered Institute of Procurement and Supply (CIPS), UK and offering all the modules under Level-2, Level-3, Level-4, Level-5, and Level-6. During this current COVID-19 pandemic, the classes are offered in distance and self-study modes. For more questions related to our CIPS programs, please speak to our Manager-Certifications at +91-900-304-9000 or email at certifications@fhyzics.net.

Online, Instructor-Led Training Program on Systems Technology [L2M4] Module of Professional Diploma in Procurement and Supply, CIPS, UK

Mode of Delivery: Online
Mode of Teaching: Using the Presentation Deck from CIPS, UK
Duration: 3 Hours
Faculty: Venkadesh Narayanan, CIPS Recognized Instructor
Reference Material: L2M4 Study Guide
Level-2: Certifıcate in Procurement and Supply Operations

Systems Technology - LEARNING OUTCOMES

1.0 Understand the use of systems technology and databases and how they contribute to procurement and supply
1.1 Explain how to use systems technology and databases to contribute to effective procurement and supply
• Inputting of data to systems to perform key tasks for purchase ordering and other transactions
• Capturing data on expenditures and updating systems
• How to provide data to smooth demand and why demand management is important in procurement and supply
• Data use in the forecasting process
• Achieving functional targets
• How to compare forecasts with actual outcomes to control expenditures
• How to measure achieved savings of goods and
services to recognise efficiencies
• How to measure internal and external lead times of supplies of goods and services
1.2 Recognise how the use of the Internet, intranets and extranets leads to effective procurement and supply
• The use of Internet search engines to locate details about suppliers and customers
• The types of information presented by suppliers and customers on their websites
• The e-market place
• The use of social media to obtain feedback on supplier performance
1.3 Explain the role of e-sourcing and e-tendering systems in procurement and supply
• E- invoicing e-requisitioning, e-catalogues and e-ordering
• Pre-qualify suppliers
• Receive and evaluate quotations and tenders
• Defining e-sourcing

2.0 Know types of systems for supplier selection, ordering and payment
2.1 Describe the use of electronic sourcing systems for supplier selection and profiling
• Attracting quotations or tenders through an e-tendering or e-sourcing system
• The publication of e-notices
• The use of e-auctions
2.2 Identify systems used in procurement and supply
• Systems for purchase ordering
• Capturing data on expenditures
• The use of portal sites to locate suppliers or customers
• Examples of supplier database systems
2.3 Identify the use of P2P (purchase to pay) systems for ordering from suppliers and payment to suppliers
• The P2P process from the creation of requisitions, to raising requests for quotations or tenders, receipt of quotations or tenders, delivery documentation, invoicing and payment
• Examples of P2P systems

3.0 Know why quality management is important in procurement and supply
3.1 Identify components of quality management in procurement and supply
• Definitions of quality, quality control, quality assurance and total quality management
• Quality as a philosophy
• Getting things right first time
3.2 Identify the costs of quality
• Prevention and appraisal costs
• The internal and external costs of quality
• Organisational reputation
3.3 Identify techniques associated with quality assurance  and quality management
• How to assess the quality of supplies of goods
and services to ensure that quality standards are achieved and maintained
• From quality inspection to quality assurance
• Quality circles
• The use of control charts
• Kaizen, continuous improvement, lean philosophy and associated techniques

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