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CIPS L4 Nov 2022 Batch

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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

Written by Malathi Dileepan

Malathi Dileepan is a B.Tech. in Information Technology and has been working as Manager [Certifications and Consulting] since 2012. She has led several business analysis projects and has tremendous knowledge in all the 20+ certifications offered by Fhyzics.

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