CPPM Certification | Become A Certified Purchasing Manager

CIPS Level 4 Course Details

CIPS level 4 modules
 
L4M1: Scope and Influence of Procurement and Supply (12 Credits)
 
This module covers the key concepts of procurement and supply chain management, including how they add value and manage categories of spend. It examines the stages of the CIPS Procurement Cycle, the role of electronic systems, and the impact of corporate governance and organizational policies. Additionally, it explores the influence of different economic sectors on procurement and supply chain activities.
 
L4M2: Defining Business Need (6 Credits)
 
This module examines how business needs influence procurement decisions and cost estimation methods. It covers developing business cases, interpreting budgets, and controlling purchases. It also looks at market considerations, competitive forces, and the difference between direct and indirect costs. Finally, it explores the types and importance of specifications, risk mitigation, and opportunities for improvement.
 
L4M3: Commercial Contracting (6 Credits)
 
This module delves into the documentation and legal issues involved in commercial agreements for goods and services. It compares various types of contractual agreements and examines the fundamentals of specifications and key performance indicators (KPIs) in supplier contracts. Additionally, it covers key clauses in formal contracts, including their sources, purposes, and typical terms, as well as different pricing arrangements in commercial agreements.

L4M4: Ethical and Responsible Sourcing (6 Credits)
 
This module covers the sourcing process and approaches for supplier procurement, including pre-contract stages and trade-offs. It explains common award criteria and key processes for analyzing suppliers, obtaining, and assessing quotations and tenders. Additionally, it addresses compliance with legal and regulatory requirements, responsible sourcing practices, and evaluating ESG standards through audits and feedback mechanisms.
L5M5: Commercial Negotiation (6 Credits)
 
This module explores the role and approaches of commercial negotiations in procurement and supply, highlighting how power dynamics and relationships impact outcomes. It covers preparation for negotiations, including understanding costs, prices, and economic factors, and identifying necessary resources. The module also outlines the stages of commercial negotiation, key communication skills, and methods to assess and improve negotiation outcomes.
L6M6: Supplier Relationships (6 Credits)
 
This module distinguishes various types of commercial relationships in supply chains and uses portfolio analysis techniques to assess them. It examines competitive forces, sources of added value, and the processes for effective stakeholder collaboration. The module also covers organizational procedures, team management, and stakeholder relationship termination. Additionally, it explores the concept of partnering, including implementation and reasons for failure.
L7M7: Whole Life Asset Management (6 Credits)
 
This module examines the principles and impact of stores and warehouse design, including product coding and warehousing equipment approaches. It covers key elements of effective inventory control, such as inventory classifications, cost considerations, and control techniques. Additionally, it explores the concept of whole-life costing, analyzing factors for establishing cost models and supporting whole-life asset management.
L8M8: Procurement and Supply in Practice (12 Credits)
 
This module applies the stages of the procurement cycle to practical contexts, focusing on both pre-contract (stages 1-8) and post-contract (stages 9-13) phases. It includes calculation and assessment of performance indicators, demonstrating the application of whole life-asset management principles across various sectors and industries. Additionally, it emphasizes the application of environmental, social, and governance principles to real-world procurement and supply scenarios.