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Scope and Influence of Procurement and Supply (L4M1)
Study guides
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Scope and Influence of Procurement and Supply (L4M1)
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Scope and Influence of Procurement and Supply (L4M1)
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Revision aid - NEW Level 4 Diploma
This is the updated eBook revision guide for the Level 4 Diploma in Procurement and Supply qualification.
Revision aids
Prepare for exam success with our NEW eRevision guide. In a digital format, covering all 8 modules, this makes it easy to revise on the go and prepare for your exams.
CIPS OnDemand: now available to buy as individual modules or a full course
Our exciting way to work towards your MCIPS Chartered Status, starting with Level 4 Diploma in Procurement and Supply, CIPS OnDemand. Try for free, with five days’ free access to Level 4 Diploma and Level 5 Advanced Diploma.
SAMPLE QUESTIONS AND ANSWERS
Sample questions and answers for objective response exams:
SAMPLE QUESTIONS AND ANSWERS
Sample questions for constructed response (CR) exams:
SAMPLE QUESTIONS AND ANSWERS
Sample answer guidance for constructed response (CR) exams:
Intelligence Hub
Be reassured as you prepare for your Level 4 Diploma exams in September and November. Our trusted Intelligence Hub resources remain relevant throughout your exam journey. Soon, we'll update them to align with the updated syllabus for the March 2024 exam series.
Find resources by module
L4M1 - Scope and Influence of Procurement and Supply
1.0 Understand and analyse the added value that can be achieved through procurement and supply chain management
2.0 Understand and analyse the key steps when procuring goods or services
3.0 Understand and analyse aspects of organisational infrastructure that shape the scope of a procurement and supply chain function
4.0 Understand and analyse the need for compliance with requirements when undertaking procurement activities in different sectors
L4M2 - Defining Business Need
1.0 Understand how to develop a business case for requirements to be sourced from external suppliers
2.0 Understand market management in procurement and supply
3.0 Understand the use of specifications in Procurement and Supply
L4M3 - Commercial Contracting
1.0 Understand the legal issues that relate to the formation of contracts
2.0 Understand the fundamentals of specifications and key performance indicators that are included in contractual arrangements made with suppliers
3.0 Understand the key clauses that are included in formal contracts
L4M4 - Ethical and Responsible Sourcing
1.0 Understand options for sourcing of requirements from suppliers
2.0 Understand the key processes that can be applied to the analysis of potential external suppliers
3.0 Understand compliance issues when sourcing from suppliers
L4M5 - Commercial Negotiation
1.0 Understand key approaches in the negotiation of commercial agreements with external organisations
2.0 Know how to prepare for negotiations with external organisations
3.0 Understand how commercial negotiations should be undertaken
L4M6 - Supplier Relationship
1.0 Understand the dynamics of relationships in supply chains
2.0 Understand processes and procedures for working successfully working with stakeholders
3.0 Understand the concept of partnering
L4M7 - Whole Life Asset Management
1.0 Understand the methods for the storage and movement of inventory
2.0 Understand the key elements of effective inventory control
3.0 Understand the concept of whole-life costing
L4M8 - Procurement and Supply in Practice
1.0 Demonstrate the application of the procurement cycle
2.0 Demonstrate the application of the stages of the procurement process
3.0 Demonstrate the application of whole life asset management
4.0 Demonstrate the application of environmental, social and governance principles in a range of sectors and industries
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