--- title: CIPS L4 Nov 2022 Batch description: CIPS L4 Nov 2022 Batch image: https://blog.fhyzics.net/hubfs/cips%20image.jpg --- [![Fhyzics-Education Logo (2)-1](https://blog.fhyzics.net/hs-fs/hubfs/Fhyzics-Education%20Logo%20(2)-1.png?width=255&height=102&name=Fhyzics-Education%20Logo%20(2)-1.png "Fhyzics-Education Logo (2)-1")](https://blog.fhyzics.net/progress-report) ![hero-img1](https://cdn2.hubspot.net/hub/5152923/hubfs/Creative_Theme/image/hero-img1.jpg?width=1810&name=hero-img1.jpg "hero-img1") - [**](https://www.facebook.com/sharer/sharer.php?u=https://blog.fhyzics.net/progress-report/cips-l4-nov-2022-batch&title=CIPS%20L4%20Nov%202022%20Batch&description=CIPS%20L4%20Nov%202022%20Batch) - [**](https://twitter.com/intent/tweet?source=https://blog.fhyzics.net/progress-report/cips-l4-nov-2022-batch&text=CIPS%20L4%20Nov%202022%20Batch%20-%20https://blog.fhyzics.net/progress-report/cips-l4-nov-2022-batch) - [**](http://www.linkedin.com/shareArticle?mini=true&url=https://blog.fhyzics.net/progress-report/cips-l4-nov-2022-batch&title=CIPS%20L4%20Nov%202022%20Batch&summary=CIPS%20L4%20Nov%202022%20Batch) 01 December 2022 Thursday ## CIPS L4 Nov 2022 Batch By [Malathi Dileepan](https://blog.fhyzics.net/progress-report/author/malathi-dileepan) **0** Comments Module 1: Scope and Influence of Procurement and Supply {Completed on 20-05-2023 | **CIPSL423ABDALH, CIPSL423DEBBAN, CIPSL423MOHHIS, CIPSL423VIMAGA, CIPSL422TARSUJ, CIPSL423ILAVEL, CIPSL422JITBHA, CIPSL423ARUTHO}** 1.0 **Understand and analyse the added value that can be achieved through procurement and supply chain management** 1. 1.1 Describe the categories of spend that an organisation may purchase 2. 1.2 Analyse the different sources of added value in procurement and supply 3. 1.3 Compare the concepts of procurement and supply chain management 4. 1.4 Differentiate the stakeholders that a procurement orsupply chain function may have **2.0 Understand and analyse the key steps when procuring goods or services** 5. 2.1 Explain the key aspects of the procurement cycle 6. 2.2 Analyse the key stages of a sourcing process 7. 2.3 Explain how electronic systems can be used at different stages of the sourcing process 8. 2.4 Analyse the relationship between achievingcompliance with processes and the achievement of outcomes **3.0 Understand and analyse the key aspects of organisational infrastructure that shape the scope of a procurement or supply chain function**  9. 3.1 Explain key aspects of corporate governance of aprocurement or supply chain function 10. 3.2 Analyse the impact of organisational policies andprocedures on procurement 11. 3.3 Examine the different structures of a procurement or supply chain function 12. 3.4 Explain the common IT systems that can be used by a procurement or supply chain function **4.0 Understand and analyse the need for compliance with requirements when undertaking procurement activities in different sectors**  13. 4.1 Classify different economic and industrial sectors 14. 4.2 Analyse the impact of the public sector on procurement or supply chain roles 15. 4.3 Examine the impact of the private sector onprocurement or supply chain roles 16. 4.4 Examine the impact of the not-for-profit or thirdsector on procurement or supply chain roles Module 2: Defining Business Need - Completed | CIPSL422JITBHA, CIPSL422PRAPAN, CIPSL422ATIANW, CIPSL422MANMA, CIPSL422ATUSUN, CIPSL422RAMSRI, CIPSL422AMIVER,  **1.0 Understand how to devise a business case for requirements to be sourced from external suppliers** 16. 1.1 Analyse how business needs influence procurement decisions 17. 1.2 Identify how costs and prices can be estimated for procurement activities 18. 1.3 Analyse the criteria that can be applied in the creation of a business case 19. 1.4 Interpret financial budgets for the control of purchases **2.0 Understand market management in procurement and supply** 20. 2.1 Analyse the different types of markets utilised by procurement and supply Such as: 21. 2.2 Compare the competitive forces that influence markets 22. 2.3 Contrast the breakdown between direct and indirect costs and the types of data that can provide information on cost and price **3.0 Understand the use of specifications in procurement and supply** 23. 3.1 Analyse different types of specifications used in procurement and supply and sources of information that can be used to create specifications 24. 3.2 Identify sections of specifications for through life contracts 25. 3.3 Identify the risks that can result from inadequate specifications and mitigation approaches 26. 3.4 Identify opportunities to regulate short and longer term specifications CIPS L4M2 Terminology - Completed (upto 8 slide) on 27-05-2023 | **CIPSL422TARSUJ, CIPSL422ATIANW, **CIPSL422JITBHA, **CIPSL423ILAVEL, CIPSL423ABDALH, CIPSL422RAMSRI, CIPSL4SHESAG, CIPSL423MOHHIS, CIPSL423DEBBAN, CIPSL423VIMAGA, CIPSL423ARUTHO** Module 3: Commercial Contracting - Completed | CIPSL422JITBHA, CIPSL422PRAPAN, CIPSL422ATIANW, CIPSL422MANMA, CIPSL422ATUSUN, CIPSL422RAMSRI, CIPSL422AMIVER **1.0 Understand the legal issues that relate to the formation of contracts** 27. 1.1 Analyse the documentation that can comprise a commercial agreement for the supply of goods or services 28. 1.2 Analyse the legal issues that relate to the creation of commercial agreements with customers or suppliers 29. 1.3  Compare types of contractual agreements made between customers and suppliers **2.0 Understand the fundamentals of specifications and key performance indicators that are included in contractual arrangements made with suppliers** 30. 2.1  Analyse the content of specifications for procurements 31. 2.2  Appraise examples of key performance indicators (KPIs) in contractual agreements **3.0 Understand the key clauses that are included informal contracts** 32. 3.1  Analyse contractual terms for contracts that arecreated with external organisations 33. 3.2  Recognise examples of contractual terms typically incorporated into contracts that are created with external organisations 34. 3.3  Recognise types of pricing arrangements incommercial agreements Module 4: Ethical and Responsible Sourcing **- Completed CIPSL422JITBHA, , CIPSL422ATIANW , CIPSL422ATUSUN, CIPSL422RAMSRI, CIPSL422AMIVER, CIPSL4SHATHM,  CIPSL4SRERED, CIPSL4ABDALH, CIPSL4SHESAG, CIPSL4ARCNAI** **1.0 Understand options for sourcing requirements from suppliers** 35. 1.1  Identify the sourcing process in relation to procurement 36. 1.2  Differentiate between approaches to the sourcing of requirements from suppliers 37. 1.3  Define selection criteria that can be commonly applied when sourcing requirements from external suppliers 38. 1.4  Define award criteria that can be commonly applied when sourcing requirements from external suppliers **2.0 Understand the key processes that can be applied to the analysis of potential external suppliers** 39. 2.1 Analyse commonly used sources of information on market data that can impact on the sourcing of requirements from external suppliers 40. 2.2 Identify the key processes used for obtaining quotations and tenders 41. 2.3 Identify the criteria that can be commonly applied tothe assessment of quotations or tenders 42. 2.4 Analyse how electronic systems can be used to help the sourcing of requirements from external suppliers **3.0 Understand compliance issues when sourcing from suppliers** 43. 3.1 Compare the key legislative, regulatory andorganisational requirements when sourcing in the not for-profit, private and public sectors 44. 3.2 Compare the key legislative, regulatory andorganisational requirements when sourcing frominternational suppliers **4.0 Understand ethical and responsible sourcing** 45. 4.1  Describe the impact of international ethical standardson procurement and supply 46. 4.2 Identify practices that support ethical procurement 47. 4.3 Compare the use of audits and other feedbackmechanisms to evaluate ethical standards in the workplace 48. 4.4 Contrast processes and practices that the organisation could adopt to meet the requirements of Corporate Social Responsibility (CSR) Module 5: Commercial Negotiation **1.0 Understand key approaches in the negotiation of commercial agreements with external organisations - Completed CIPSL422JITBHA, , CIPSL422ATIANW , CIPSL422ATUSUN, CIPSL422RAMSRI, CIPSL422AMIVER, CIPSL4SHATHM,  CIPSL4SRERED, CIPSL4ABDALH, CIPSL4SHESAG, CIPSL4ARCNAI** 48. 1.1  Analyse the application of commercial negotiations inthe work of procurement and supply 49. 1.2  Differentiate between the types of approaches that can be pursued in commercial negotiations 50. 1.3  Explain how the balance of power in commercial negotiations can affect outcomes 51. 1.4  Identify the different types of relationships that impact on commercial negotiations **2.0 Know how to prepare for negotiations with external organisations** 52. 2.1  Describe the types of costs and prices in commercial negotiations - Completed | **CIPSL422JITBHA, , CIPSL422ATIANW , CIPSL422ATUSUN, CIPSL422RAMSRI, CIPSL422AMIVER, CIPSL4SHATHM,  CIPSL4SRERED, CIPSL4ABDALH, CIPSL4SHESAG** 53. 2.2  Contrast the economic factors that impact on commercial negotiations 54. 2.3  Analyse criteria that can be used in a commercial negotiation Criteria 55. 2.4  Identify the resources required for a negotiation **3.0 Understand how commercial negotiations should be undertaken** 56. 3.1  Identify the stages of a commercial negotiation 57. 3.2 Appraise the key methods that can influence the achievement of desired outcomes 58. 3.3 Compare the key communication skills that help achieve desired outcomes 59. 3.4 Analyse how to assess the process and outcomes of negotiations to inform future practice Module 6: Supplier Relationships **1.0  Understand the dynamics of relationships in supply chains - Completed | CIPSL422JITBHA, , CIPSL422ATIANW , CIPSL422ATUSUN, CIPSL422RAMSRI, CIPSL422AMIVER, CIPSL4SHATHM,  CIPSL4SRERED, CIPSL4ABDALH, CIPSL4SHESAG** 60. 1.1  Differentiate between different types of commercial relationships in supply chains 61. 1.2  Appraise portfolio analysis techniques to assess relationships in supply chains 62. 1.3  Identify the competitive forces that impact on relationships in supply chains 63. 1.4  Compare the sources of added value that can be achieved through supply chain relationships **2.0  Understand processes and procedures for successful working with stakeholders** 64. 2.1  Analyse the purpose of organisational procedures and processes in sourcing goods and/or services 65. 2.2  Compare team management techniques to ensure positive stakeholder relationships 66. 2.3  Compare the practical considerations of stakeholder management 67. 2.4  Identify the processes for terminating stakeholder relationships** 3.0  Understand the concept of partnering **68. 3.1  Analyse the concept of partnering and where it is a suitable approach 69. 3.2  Appraise the process of partnership implementation 70. 3.3  Identify the reasons why partnerships fail Module 7: Whole Life Asset Management **- Completed | CIPSL422JITBHA, CIPSL422ATIANW , CIPSL422ATUSUN, CIPSL422RAMSRI, CIPSL422AMIVER, CIPSL4SHATHM,  CIPSL4SRERED, CIPSL4ABDALH, CIPSL4SHESAG** **1.0  Understand methods for the storage and movement of inventory** 71. 1.1  Identify the principles, purpose and impact of stores and warehouse design 72. 1.2  Explain the use of product coding in inventory operations 73. 1.3  Contrast the impact of the use of different warehousing equipment Approaches such as **2.0  Understand the key elements of effective inventory control ** 74. 2.1  Differentiate between the different classifications of inventory 75. 2.2 Identify the direct and indirect costs of holding inventory 76. 2.3 Identify techniques associated with inventory control** 3.0  Understand the concept of through life cost **77. 3.1  Analyse the contributing factors when establishing total cost of ownership 78. 3.2  Compare the factors to consider when building a total cost of ownership model 79. 3.3 Identify the contributing elements to end-of-life costs Module 8: Procurement And Supply in Practice **{Completed on 18-03-2023| CIPSL422JITBHA, , CIPSL422ATIANW , CIPSL4SHATHM,  CIPSL4SRERED, CIPSL4ABDALH, CIPSL4SHESAG, CIPSL422TARSUJ} ****{Completed on 25-03-2023| CIPSL422SHATHM, CIPSL422TARSUJ, CIPSL422JITBHA, CIPSL4ABDALH, CIPSL422SRERED, CIPSL422ARCNAI, CIPSL422ADVOJH}, ****{Completed on 01-04-2023| CIPSL4SHESAG, CIPSL4SHATHM, CIPSL422TARSUJ, CIPSL422JITBHA, CIPSL4ABDALH}** **1.0  Demonstrate the application of the procurement cycle** 80. 1.1  Apply the key stages of the procurement cycle to the practical procurement and supply environment The practical application of the CIPS Procurement Cycle:  **2.0  Demonstrate the application of the key stages of the sourcing process** 81. 2.1  Apply the key stages of the sourcing process to the practical procurement and supply environment Stages of the sourcing process: **3.0  Demonstrate the application of whole life assetmanagement ** 82. 3.1  Apply whole life asset management to the practical procurement and supply environment **4.0  Demonstrate the application of ethical and responsible sourcing within an organisation** 83. 4.1  Apply ethical and responsible sourcing to the practical procurement and supply environment Share: - 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She has led several business analysis projects and has tremendous knowledge in all the 20+ certifications offered by Fhyzics. 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