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 CIPS Corporate Award Program Practitioner Level L2522 QR Code
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CIPS Corporate Award Program Practitioner Level

Overview:

Introduction:

This program is designed to prepare participants for the certification exam only.

The CIPS Corporate Award Program Practitioner Level training is a comprehensive preparation program designed to equip procurement professionals with the necessary skills and knowledge to excel in their roles. Through it, individuals are equipped with the expertise to drive value and innovation within their organizations' procurement processes.

Program Objectives:

At the end of this program, participants will be able to:

  • Develop a comprehensive understanding of procurement and supply chain management principles.

  • Acquire practical skills for effective strategic sourcing and procurement.

  • Strengthen the ability to efficiently manage supplier relationships and contracts.

  • Enhance the capacity to contribute effectively to organizational procurement strategies and objectives.

  • Prepare for successful completion of the CIPS Practitioner Level examination.

Targeted Audience:

  • Procurement professionals seeking to enhance their skills and knowledge.

  • Supply chain managers responsible for strategic sourcing and procurement.

  • Individuals aspiring to advance their careers in procurement and supply chain management.

  • Professionals preparing for the CIPS Practitioner Level examination.

  • Organizations aiming to develop their procurement team's expertise and capabilities.

Program Outline:

Unit 1:

Procurement Fundamentals:

  • Understanding Procurement and its Strategic Importance.

  • Procurement Processes and Best Practices.

  • Procurement Ethics and Compliance.

  • Legal Aspects of Procurement.

Unit 2:

Strategic Sourcing:

  • Strategic Sourcing Strategies and Models.

  • Market Analysis and Supplier Segmentation.

  • Supplier Selection Criteria and Evaluation.

  • Negotiation Techniques in Strategic Sourcing.

Unit 3:

Supplier Relationship Management:

  • Importance of Supplier Relationship Management (SRM).

  • Developing and Maintaining Supplier Relationships.

  • Supplier Performance Measurement and Improvement.

  • Managing Supplier Risk and Disruptions.

Unit 4:

Contract Management:

  • Fundamentals of Contract Management.

  • Contract Types and Structures.

  • Contractual Terms and Conditions.

  • Effective Contract Administration.

Unit 5:

Procurement Strategy and Performance:

  • Developing Procurement Strategies aligned with Organizational Objectives.

  • Key Performance Indicators (KPIs) in Procurement.

  • Continuous Improvement in Procurement Processes.

  • Preparing for the CIPS Practitioner Level Examination.

Note: This program is designed to prepare participants for the certification exam only.

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