The CIPS Level 4 Diploma in Procurement & Supply combined with experience in a procurement role will open many more career doors for you.
It is aimed at those who have been in a procurement or commercial role for at least 2 years and are seeking to progress their career and improve their earnings potential. Graduates new to industry can enter at this level.
Typically people who choose this level want to progress into Middle Management procurement roles and build on their experience to earn a higher salary.
Courses Contents & Units
The Diploma course comprises of 5 Units, which are delivered using a blend of group interaction, case studies and role plays. We have a clear objective which is to ensure students are able to relate the learning to practical experience in the workplace.
The 5 units at this level are:
- Unit D1. Contexts of Procurement & Supply – The Sourcing process i.e. tendering, added value of each stage. Policies and procedures. Emphasis on systems – P2P & ERP.
- Unit D2. Business Needs in Procurement & Supply – Types of purchases. Market data and dialogue, Business cases/financial budgets. Specifications. KPIs, contract terms. Pricing arrangements. Development of outsourcing.
- Unit D3. Sourcing in Procurement & Supply – Intra-company trading/transfer pricing. Selection/award criteria. SMEs, 3rd sector, fair trade. Financial appraisal. Data, e-requisitions, e-catalogues. Safety and Standards.
- Unit D4. Negotiating & Contracting in Procurement & Supply – Frameworks/mini competitions. Information gathering. Costing, price negotiation. Macro and micro economics.
- Unit D5 Managing Contracts & Relationships in Procurement & Supply – Environmental analysis. Relationships as a process. Contract terms and limits of liability. Data on the performance of contracts. Responsibilities for contract management. Contract management vs. SRM. Quality improvement.
Students should have at least 2 years business experience, preferably in a purchasing or supply chain environment, although this is not essential.
Alternatively, you should have completed the Level 2 Certificate & Level 3 Advanced Certificate in Procurement & Supply.
Who Should Consider This Level
- Buyer / Senior Buyer / Chief Buyer
- Purchasing Manager / Procurement Manager
- Procurement Executive / Purchasing Executive
- Contract Manager/Category Manager/Logistics Manager
Assessment is by a 3 – hour written examination. CIPS exam weeks are detailed on the course schedule.
Membership fees are paid directly to CIPS by the student. Joining a CIPS qualification programme means you will join the largest Institute in the world for those working in procurement and supply.