Ethical Procurement and Supply in Supply Chain (L3M2)

• Understand the significance of ethics in procurement and supply.
• Understand the stages and tasks involved in the sourcing process.
• Recognise techniques that can be used to achieve added value.
• Understand how supplier performance and quality can be assessed.
• Understand how operational performance can be measured and improved.
• Recognise the importance of ethical codes of conduct and managing conflicts of interest.
• Understand approaches to customer service and budget control.

1. Understand the significance of ethics for procurement and supply

• Importance of ethics and responsible procurement.
• Ethical codes and codes of conduct.
• Corporate codes of ethics.
• Conflicts of interest.
• Ethical issues within procurement and supply activities.
• Maintaining organisational integrity and reputation.

2. Understand the sourcing process

• Defining business needs and requirements.
• Specification of goods and services.
• Market research and supplier sourcing.
• Supplier appraisal and selection.
• Tendering and quotations.
• Evaluation of suppliers and bids.
• Supplier performance and action plans.
• Quality and value-for-money considerations.

3. Understand how added value can be achieved

• Value analysis and value engineering.
• Cost reduction and process improvement.
• Customer service and meeting customer requirements.
• Quality and performance considerations.
• Procurement involvement in achieving organisational value.
• Techniques for improving sourcing outcomes.

4. Understand how operational performance can be measured and improved

• Measuring sourcing process performance.
• Cycle times and procurement performance.
• Key performance indicators (KPIs).
• Supplier performance measurement.
• Budget assessment and control.
• Performance improvement and corrective actions.
• Monitoring operational results to support added value.

10 days

Certification: CIPS Level 3 Advanced Certificate in Procurement and Supply Operations – Ethical Procurement and Supply (L3M2)

Duration: 2 hours

Questions:72 Objective Response questions

• Procurement and supply professionals responsible for ethical procurement practices.
• Individuals responsible for applying ethical codes of conduct.
• Professionals involved in sourcing activities.
• Individuals responsible for supplier performance and operational improvement.
• Learners progressing through the CIPS Level 3 Advanced Certificate in Procurement and Supply Operations.

No formal prerequisite