Course curriculum

  • 1

    Welcome to the course!

    • A message from the instructor

    • Learner Handbook

    • Policies Handbook

  • 2

    How to use the Course

    • How to use the Course Materials

    • How-to Lesson

    • Study Plan

  • 3

    Level 4 Crossover Topics

    • Level 4 Crossover Topics

  • 4

    L4M4 Key Models

    • Kraljic Matrix

    • The Triple Bottom Line (TBL)

  • 5

    Learning Objective #1

    • LO1 - Learning Outcomes You Could Be Asked About

    • LO1 Full Slide Deck

    • 1.1.1 Definitions of sourcing and outsourcing

    • 1.1.2 Make or buy decisions and the role of intracompany trading

    • 1.1.3 Strategic and tactical sourcing

    • 1.1.4 Costs and benefits of outsourcing

    • 1.1.5 Options and impacts of outsourcing non-core and core work or services

    • 1.2.1 Single, dual and multiple sourcing arrangements

    • 1.2.2 Types and use of tendering

    • Tendering Exercise

    • Tendering Exercise Answers

    • Definition of Financial Terms

    • 1.2.3 Direct negotiations with suppliers

    • 1.3.1 Typical criteria used to select external suppliers

    • 1.3.2 Impacts of different selection criteria on supplier selection

    • 1.3.3 Use and interpretation of indicators of profitability, liquidity, gearing and cash from financial statements to assess and make conclusions on the viability of suppliers

    • Create your Revision Notes LO1

    • Revision Sheets - LO1

    • 1.4.1 Award criteria: price, whole-life asset management costs, technical merit, added-value solutions, environmental, social, governance and ethical

  • 6

    Learning Objective #2

    • LO2 - Learning Outcomes You Could Be Asked About

    • LO2 Full Slide Deck

    • 2.1.1 Compiling spend data relating to suppliers

    • 2.1.2 Indices that measure economic activity and commodity pricing

    • 2.1.3 Secondary data relating to markets and suppliers

    • 2.1.4 Limitations of using financial statements that assess profits, assets & liabilities, and cash as selection criteria

    • 2.1.5 The role of credit rating agencies

    • 2.2.1 Advertising requirements

    • 2.2.2 Requests for information or quotations

    • 2.2.3 The operation of tendering

    • 2.2.4 Formalised arrangements for tendering

    • Concise Tendering Process

    • 2.3.1 Assessment of suppliers’ proposals

    • 2.3.2 The use of weighted points systems for assessment

    • 2.3.3 Assessment of environmental, social, governance and ethical elements of suppliers’ proposals

    • 2.3.4 Assessing added value

    • 2.3.5 Making recommendations

    • 2.3.6 Procedures for contract award

    • Revision Sheets - LO2

    • Create your Revision Notes LO2

  • 7

    Learning Objective #3

    • LO3 - Learning Outcomes You Could Be Asked About

    • LO3 Full Slide Deck

    • 3.1.1 Impact of international, national and local regulatory frameworks on the sourcing process

    • 3.1.2 The importance and impact of environmental, social and governance considerations of bribery, corruption, fraud, human rights and modern slavery in sourcing activities

    • 3.1.3 Role of regulation and accountability for procurement in public, private and third sector organisations

    • 3.2.1 The regulatory challenges of importing including documentation, duties and tariffs, customs control requirements and exchange rate fluctuations

    • 3.2.2 Implications of international sourcing: documentation, duties and tariffs and Incoterms ®

    • Incoterms

    • 3.2.3 Payment mechanisms, credit account, bills of exchange and letters of credit

    • 3.2.4 Customs control and clearance

    • 3.2.5 Applicable law and jurisdiction

    • 3.3.1 Application of the CIPS Code of Conduct

    • 3.3.2 Application of codes of practice supporting environmental, social and governance goals

    • 3.3.3 Contractual provisions, supplier monitoring and KPIs

    • 3.4.1 The use of audits to evaluate ethical standards

    • 3.4.2 Encourage dialogue with suppliers to secure improvements

    • 3.5.1 The triple bottom line – profit, people and planet

    • 3.5.2 Standards applicable to environmental, social and governance goals

    • 3.5.3 Reporting frameworks to include environmental, social and governance performance

    • 3.5.4 Define organisational value for money to include environmental and social outcomes

    • Definitions

    • CIPS Code of Conduct

    • Conflict of Interests

    • The 4 D's and how to manage conflicts of interest

    • Revision Sheets - LO3

    • Create your Revision Notes LO3

  • 8

    Revision

    • Exam & Revision Techniques

    • Revision Notes

    • CIPS 20 Sample Questions

  • 9

    Live Lessons Cohort 1 9.30 - 11am

    • L4M4 LO1 - 23rd Mar - Cohort 1 AM Class

    • L4M4 LO2 - 30th Mar - Cohort 1 AM Class

    • L4M4 LO3 - 6th Apr - Cohort 1 AM Class

  • 10

    Live Lessons Cohort 2 9.30 - 11am

    • L4M4 LO1 - 23rd Mar - Cohort 2 AM Class

    • L4M4 LO2 - 30th Mar - Cohort 2 AM Class

    • L4M4 LO3 - 6th Apr - Cohort 1 AM Class

  • 11

    Live Lessons Evening 5 - 6.30pm

    • L4M4 LO1 - 23rd Mar - Cohort 1 PM Class

    • L4M4 LO2 - 30th Mar - Cohort 1 PM Class

    • L4M4 LO3 - 6th Apr - Cohort 1 PM Class

  • 12

    Audio Recordings

    • FULL LO1

    • FULL LO2

    • FULL LO3

    • 1.1.1

    • 1.1.2

    • 1.1.3

    • 1.1.4

    • 1.1.5

    • 1.2.1

    • 1.2.2

    • 1.2.3

    • 1.3.1

    • 1.3.2

    • 1.3.3

    • 1.4.1

    • 2.1.1

    • 2.1.2

    • 2.1.3

    • 2.1.4

    • 2.1.5

    • 2.2.1

    • 2.2.2

    • 2.2.3

    • 2.2.4

    • 2.3.1

    • 2.3.2

    • 2.3.3

    • 2.3.4

    • 2.3.5

    • 2.3.6

    • 3.1.1

    • 3.1.2

    • 3.1.3

    • 3.2.1

    • 3.2.2

    • 3.2.3

    • 3.2.4

    • 3.2.5

    • 3.3.1

    • 3.3.2

    • 3.3.3

    • 3.4.1

    • 3.4.2

    • 3.5.1

    • 3.5.2

    • 3.5.3

    • 3.5.4

  • 13

    Next Steps

    • Before you go we would appreciate your feedback...

  • 14

    Old Recordings

    • Lesson 1 Recording

    • Lesson 2 Recording

    • Lesson 3 Recording

    • L4M4 & L4M6 Revision Recording

    • Recording 1 - 28th March

    • Recording 2 - 12th April