CIPS Corporate Certification is based on an industry standard that helps an organisation’s procurement and supply chain policies, strategies, procedures and processes. Through the partnership with BSI, CIPS is seeking to grow the number of organisations achieving certification to this industry standard worldwide. As part of the partnership BSI will independently assess against the CIPS scheme, verifying that organisational risks are properly identified, assessed and managed, while formalising procurement processes, procedures and documentation.
The CIPS Corporate Certification standard provides organizations with a framework for effectively managing and improving their procurement activity. By adhering to the standard, organisations will gain increased control through performance measurement and management. It is particularly suitable where there is a need to display operational efficiency and manage supplier performance and risk. Compliance with the standard will also reduce the likelihood of any fraudulent activities within the procurement and supply chain
An initial pilot for the programme will be undertaken by BSI and following successful completion, the partnership will be rolled out globally.
Howard Kerr, Chief Executive at BSI said “By partnering with CIPS, we are able to provide robust and rigorous assessment to help procurement specialists ensure they have the right policies and processes in place. Our assessment process, combined with CIPS industry expertise allows us to work together to provide customers with assurance that their internal processes match industry best practice. It ensures procurement processes are transparent and stand up to third party scrutiny both internally and externally. The combination of our global network and CIPS international reputation makes the partnership a good fit, as together we are committed to helping organizations worldwide perform better and manage their risks.”
David Noble, Group CEO of CIPS added “BSI’s world-class audit and assessment expertise made them the ideal choice for this partnership, providing assurance to our customers that they are being assessed to the highest standards. CIPS Corporate Certification continues to be one of the most respected standards and benchmarks in our profession and we are glad to add BSI to our network of delivery partners. Our reputation in this field alongside BSI’s strong global footprint will enable us to ensure that more organizations can benefit from achieving procurement and supply chain efficiency.”
Following award of the CIPS Corporate Certification Standard, organisations can work towards the higher awards - platinum, gold and silver. Each of these demonstrates how well an organizations procurement and supply function is performing and will help deliver efficient, effective and economic ways of working.
Notes to Editors:
BSI (British Standards Institution) is the business standards company that equips businesses with the necessary solutions to turn standards of best practice into habits of excellence. Formed in 1901, BSI was the world’s first National Standards Body and a founding member of the International Organization for Standardization (ISO). Over a century later it continues to facilitate business improvement across the globe by helping its clients drive performance, manage risk and grow sustainably through the adoption of international management systems standards, many of which BSI originated. Renowned for its marks of excellence including the consumer recognized BSI Kitemark™, BSI’s influence spans multiple sectors including aerospace, construction, energy, engineering, finance, healthcare, IT and retail. With over 70,000 clients in 150 countries, BSI is an organization whose standards inspire excellence across the globe.
To learn more, please visit www.bsigroup.com
The Chartered Institute of Purchasing & Supply (CIPS) is the world’s largest procurement and supply professional organisation. It is the worldwide centre of excellence on purchasing and supply management issues. CIPS has a global community of over 100,000 in 150 different countries, including senior business people, high-ranking civil servants and leading academics. The activities of purchasing and supply chain professionals have a major impact on the profitability and efficiency of all types of organisation and CIPS offers corporate solutions packages to improve business profitability.
Saira Khan/Naomi Prior
Tel: +44 20 8996 6330
Liz Lees, Head of Public Relations & Representation
Tel: +44 (0)1780 761574