The Chartered Institute of Procurement and Supply (CIPS) Diploma in procurement and supply is a vocationally related qualiﬁcation. It has been accredited by the Oﬃce of Qualiﬁcations and Examinations Regulator (Ofqual) in the UK and appears on the Register of Regulated Qualiﬁcations. Qualification accreditation number 600/6858/9.
This qualification is a valuable management tool for those moving into junior and middle management procurement roles or those supervising the procurement function. It focuses on organisational procedures and processes including negotiating, planning, risk management and data analysis.
Core skills upon completion of this qualification; Provision of advice and guidance to key stakeholders on the performance of organisational procedures and processes in purchasing and supply.
The qualification is designed for both young people and for people who may work within the following typical job titles; Buyer, Procurement / purchasing executive, Procurement specialist, Contract officer, Supply chain / inventory / logistics analyst, Supply chain / inventory / logistics planner.
There are no age restrictions in relation to this qualification.
Entry requirements: This is the highest entry point to our diploma qualifications and requires a minimum of at least two A-levels (or international equivalent) or a CIPS Advanced Certificate qualification. Alternatively you need a minimum of two years' experience in a business environment. You may be entitled to some unit exemptions or a bypass may be applicable under the CIPS Exemption policy.
The Diploma in procurement and supply consists of ﬁve compulsory units. There are no optional units.
Contexts of procurement and supply: on completion of this unit, the learner will be able to offer advice and guidance to main stakeholders on the application of the sourcing process. Understand supply chains which organisations operate in.
Business needs in procurement and supply: on completion of this unit, the learner will understand practices that help achieve value for money solutions in procurement. This unit explores a variety of elements that underpin the development of criteria. It also considers the options that should be explored when procurement and supply personnel are involved in defining requirements.
Sourcing in procurement and supply: on completion of this unit, the learner will be able to apply a set of appropriate tools and techniques that can assess sourcing options available to organisations when procuring goods, services or works from external suppliers. This unit identifies sound approaches to sourcing activities that assess the commercial and technical capabilities of organisations to help achieve the right choice of supplier.
Negotiating and contracting in procurement and supply: on completion of this unit, the learner will be able to identify approaches to achieve negotiated agreements with external organisations. Recognise the use of legal terms that should regulate commercial agreements.
The creation of formalised agreements is a critical part of the work of personnel in procurement and supply. This unit analyses approaches to the negotiation of agreements made with external parties and the formation of legally binding contracts. After contracts have been entered into, there can be conflict over performance issues and on costs, timing and quality of supplies. This should involve negotiation to achieve required outcomes.
Managing contracts and relationships in procurement and supply: on completion of this unit, candidates will be able to apply methods to improve supplier performance, recognising the need for a structured approach when dealing with performance and relationship issues. The unit concentrates on approaches to contract and supplier relationship management involving stakeholders in these processes. Personnel involved in creating contracts and relationships with external organisations need to ensure outcomes that achieve organisational requirements including costs, quality, risk management and timing.
The CIPS Diploma in procurement and supply operations is a vocationally related qualiﬁcation.
The qualification will not lead to employment, but a professional qualification will enhance the learner’s current skills and practices and equip them with new skills. The Diploma addresses planning and forecasting for future demand, forward planning for contract development, negotiating volumes, margins and standards, creating and controlling specifications, and contract management. It also covers the supply market and chain, negotiating with suppliers, conflict resolution and performance review.
The Diploma in procurement and supply will support progression to further learning and the progression would be the CIPS Advanced diploma in procurement and supply qualification.
There are not different sized versions of the Diploma in procurement and supply qualification. The qualification is part of the CIPS ladder of qualifications, which ranges from Certificate to Professional Diploma level. View further information regarding the CIPS qualifications.
From the academic year of 2016/2017, Advanced Learning Loans are available for individuals aged 19 or above to undertake approved qualifications at Levels 3 and 4, at an approved provider in England. Advanced Learning Loans give individuals access to financial support for tuition costs similar to that available in higher education and are administered by Student Finance England.
Advanced Learning Loans are paid directly to the college or training organisation on behalf of an individual.
For more information, please refer to the Skills Funding Agency website.