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26 June 2014| Gurjit Degun
CIPS members have agreed for the Institute to make a formal submission to Her Majesty’s Privy Council to offer Chartered Procurement and Supply Professional status for suitably qualified and experienced members.
CIPS will also make an application to change the Institute’s name to The Chartered Institute of Procurement & Supply.
The results of a vote, which took place at the CIPS Annual General Meeting yesterday, found 90 per cent were in favour of both proposals.
This last stage is the result of a long period of discussion, development and consultation, which involved a wide range of stakeholders including the global membership, CIPS Congress and the Board of Trustees, as well as procurement and supply management leaders in the public, private and third sectors, plus other professional bodies.
CIPS said: “We invited members to take part in a poll earlier this year and published documentation setting out recommendations and rationale for the changes and what it would mean for members, the Institute and for the profession.
“FCIPS will remain the most senior membership grade, and MCIPS will remain the benchmark grade for qualified professionals. We’re excited that the new Chartered Status will be an opportunity for members to enhance their lifelong learning.”
CIPS will keep members informed about the progress towards approval, which is expected from HM Privy Council later this year.