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Global Commercial Strategy

Global Commercial Strategy

Course Fee

Standalone short course
$875 incl. GST per participant
CIPS pathway
$1,095 incl. GST (includes one year CIPS student membership)

Delivery and Duration

In person or virtual
1.5 days or 6 x 2-hour sessions

L6M2 Global Commercial Strategy

Choose your learning pathway

Two pathways, depending on your goals

1

Option 1

Short course

Build practical skills you can apply immediately in the workplace.

Complete the course and receive an AcademyGlobal Certificate of Course Completion recognising your professional development.

2

Option 2

Short course + CIPS exam

Build your skills and progress towards the CIPS Level 6 Professional Diploma in Procurement and Supply.

Complete the course and register for the official CIPS L6M2 exam. Pass the exam to earn 12 credits towards the CIPS Level 6 Professional Diploma in Procurement and Supply.

Eligibility: you need the CIPS Level 4 Diploma and Level 5 Advanced Diploma first.

Are tariffs and global volatility forcing you to rethink your commercial strategy?

In this practical 1.5-day course (or 6 x 2-hour sessions), you will evaluate the concept of global commercial strategy, assess the challenges and main elements of formulating and implementing a commercial strategy, and understand the impact of finance on strategic decision-making.

The global agenda is increasingly important to organisational success. As your organisation increases overseas development, investment and sourcing, you need to formulate and implement global commercial strategies. You will focus on developing, configuring and implementing a global commercial strategy that helps your organisation achieve competitive advantage.

Delivered by AcademyGlobal faculty who are experienced procurement practitioners and hold MCIPS or FCIPS qualifications, the course combines practical activities, group discussion and locally relevant examples drawn from the Australian and New Zealand procurement environment.

AcademyGlobal is Australia and New Zealand’s first and only CIPS Centre of Excellence, recognising the quality of our CIPS teaching, learner support and study centre delivery.

CIPS Centre of Excellence

Key Content

Characteristics of global strategic decisions and strategic versus operational management

Analysing the global supply chain with STEEPLED, Porter's Five Forces and industry and product life cycles

Regulatory influences, including import and export licensing, tariffs and duties

How corporate and business strategic decisions impact supply chains

Strategy evaluation: suitability, acceptability and feasibility

Measurable outcomes and performance metrics for strategy implementation

Aligning organisational structure and supply chain design with business strategy

Supply chain costs, cost drivers and financial ratio analysis

Financial risks in global supply chains: market, credit, liquidity, interest rate, foreign exchange and commodity risk

Hedging with forward contracts, options, swaps and futures

Course Format

Duration

1.5 days or 6 x 2-hour sessions

Delivery

In person or virtual, with practical activities and group discussion.

CIPS module

After Your Course

Option 1: Short course. On completion, you will receive an AcademyGlobal Certificate of Course Completion.

Option 2: Short course and CIPS exam. After the course, you can sit the CIPS L6M2 exam in one of the CIPS exam periods (see the CIPS exam schedule). A pass gives you 12 credits towards the CIPS Level 6 Professional Diploma in Procurement and Supply. To sit the exam, you must first have achieved the CIPS Level 4 Diploma and the CIPS Level 5 Advanced Diploma in Procurement and Supply, which are the CIPS entry requirements for Level 6. This applies only if you choose to sit the exam. You do not need them to attend this course. The exam fee is set by CIPS and paid separately (see CIPS exam fees), and AcademyGlobal will take care of your exam registration and support you with administration. You must hold current CIPS membership to sit the exam. If you are not already a CIPS member, the CIPS exam pathway fee includes one year of CIPS student membership.

By the end of the course, you will be able to:

Evaluate characteristics of global strategic decisions in organisations

Assess methods to analyse the global supply chain

Evaluate the regulatory influences on the global supply chain

Evaluate how corporate and business strategic decisions impact supply chains, and how strategy can be implemented

Analyse the relationship between business strategy and organisational structure

Assess the importance of costs and finance within global supply chains

Analyse the financial related risks that might arise within global supply chains

Evaluate tools, techniques and financial products for managing financial risks within global supply chains

Option 1: Short course. This option is for participants who wish to complete the training without undertaking a CIPS exam or other formal assessment. On completion of the course, you will receive an AcademyGlobal Certificate of Course Completion, confirming your participation in and completion of the training. This option does not include assessment, a CIPS examination or credits towards a CIPS qualification.

Option 2: Short course and CIPS exam. After completing the course, you can sit the CIPS L6M2 Constructed Response (CR) exam during one of CIPS’ scheduled exam periods throughout the year (see the CIPS exam schedule). A pass gives you 12 credits towards the CIPS Level 6 Professional Diploma in Procurement and Supply. To sit the exam, you must first have achieved the CIPS Level 4 Diploma and the CIPS Level 5 Advanced Diploma in Procurement and Supply, which are the CIPS entry requirements for Level 6. This applies only if you choose to sit the exam. You do not need them to attend this course.

The L6M2 exam is a computer-based, three-hour Constructed Response examination. Rather than selecting answers from multiple-choice options, you are required to construct and type your own responses, using an essay-style or case-study approach to demonstrate your understanding and application of the module content. CIPS uses Constructed Response examinations across its Diploma-level qualifications.

CIPS offers remote invigilation, allowing you to sit the computer-based exam from a suitable location such as your home or office, provided you meet CIPS’ technical and examination-environment requirements. The examination is completed on CIPS’ computer-based examination platform and is supervised remotely by an online invigilator.

For a remotely invigilated examination, you will need an appropriate desktop or laptop computer, stable internet connection and a suitable private environment in which to complete the exam. CIPS provides instructions and technical checks to help candidates prepare for remote examination day.

The exam fee is set by CIPS and paid separately (see the CIPS exam fees). AcademyGlobal will take care of your exam registration and provide administrative support throughout the process.

You must hold current CIPS membership to sit the examination. If you are not already a CIPS member, the CIPS exam pathway fee includes one year of CIPS student membership.

Benefits for you

Analyse global supply chains with recognised strategic tools

Evaluate strategic options for suitability, acceptability and feasibility

Understand the financial risks in global supply chains and how to manage them

Build knowledge that can contribute towards the CIPS professional qualification pathway and progression towards MCIPS

Gain learning aligned to a globally recognised procurement qualification from the Chartered Institute of Procurement and Supply (CIPS), a leading professional body for procurement and supply

Learn from experienced procurement practitioners and CIPS-qualified tutors, including MCIPS and FCIPS professionals

Benefits for your organisation

Develop and implement a global commercial strategy that supports competitive advantage

Respond to the regulatory influences on your global supply chain

Manage costs and financial risks across global supply chains

Build your team’s procurement capability through learning aligned to CIPS professional standards, with content contextualised to local markets, organisations and regulatory environments

Support structured professional development and progression towards internationally recognised CIPS qualifications and MCIPS status

Upcoming Programs

Scheduled Courses

CIPS Centre of Excellence

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L6M2 Global Commercial Strategy

1.5 days or 6 x 2-hour sessions

From $875.00

In this practical 1.5-day course (or 6 x 2-hour sessions), you will evaluate the concept of global commercial strategy, assess the challenges and main elements of formulating and implementing a commercial strategy, and understand the impact of finance on strategic decision-making. Choose the short course on its own, or add the optional CIPS L6M2 exam to earn 12 credits towards the CIPS Level 6 Professional Diploma in Procurement and Supply.

More Information

Teaching Faculty

Sohana Maharaj
Myla Bulaon
Sarah Collins
Jonathan Dutton
Paul A Gulston
Andres Naranjo
Stephen Rowe

What Our Learners Say

Global Commercial Strategy: Frequently Asked Questions

What does the course cover?

In this practical 1.5-day course (or 6 x 2-hour sessions), you will evaluate the concept of global commercial strategy, assess the challenges and main elements of formulating and implementing a commercial strategy, and understand the impact of finance on strategic decision-making.

The global agenda is increasingly important to organisational success. As your organisation increases overseas development, investment and sourcing, you need to formulate and implement global commercial strategies. You will focus on developing, configuring and implementing a global commercial strategy that helps your organisation achieve competitive advantage.

Who is this course for?

If you are a procurement and supply chain leader who needs to develop, configure and implement a global commercial strategy that helps your organisation achieve competitive advantage, this course is for you.

What are my options for completing the course?

You can choose between two learning pathways, depending on your professional development goals.

Option 1: Short course

Complete the course as standalone professional development. You will build practical skills you can apply in the workplace and receive an AcademyGlobal Certificate of Course Completion.

There is no requirement to become a CIPS member or sit an examination.

Option 2: Short course + CIPS exam

Complete the same course and then sit the official CIPS L6M2 Global Commercial Strategy examination. To sit the exam, you must first have achieved the CIPS Level 4 Diploma and the CIPS Level 5 Advanced Diploma in Procurement and Supply.

If you pass the examination, you will earn 12 credits towards the CIPS Level 6 Professional Diploma in Procurement and Supply, allowing this course to form part of your pathway towards the full CIPS qualification.

Which option is right for me?

Choose the short course option if your primary goal is to build practical procurement capability and gain professional development recognition without completing an examination.

Choose the CIPS exam pathway if you would also like your learning to contribute towards the internationally recognised CIPS Level 6 Professional Diploma in Procurement and Supply.

You can also begin with this course and decide to continue with additional CIPS Level 6 modules as your professional development progresses.

Do I have to sit the CIPS exam?

The CIPS examination is optional.

You can complete the course as standalone professional development or choose to sit the CIPS L6M2 examination afterwards. To sit the exam, you must first have achieved the CIPS Level 4 Diploma and the CIPS Level 5 Advanced Diploma in Procurement and Supply. AcademyGlobal can arrange your exam registration and provide administrative support if you choose the CIPS pathway.

The CIPS examination fee is set by CIPS and is paid separately.

Will I receive a certificate?

Yes. When you complete the short course, you will receive an AcademyGlobal Certificate of Course Completion.

If you also choose to sit and pass the CIPS L6M2 examination, you will additionally earn 12 credits towards the CIPS Level 6 Professional Diploma in Procurement and Supply.

Who delivers the course?

The course is delivered by AcademyGlobal faculty who are experienced procurement practitioners and hold MCIPS or FCIPS qualifications, with senior leadership and industry experience across the public and private sectors.

Your faculty combine CIPS-aligned learning with practical activities, group discussion and examples tailored to the Australian and New Zealand procurement environment.

Is AcademyGlobal an approved CIPS Study Centre?

Yes. AcademyGlobal is a CIPS Approved Study Centre and CIPS Study Centre of Excellence, delivering CIPS professional qualifications across Australia, New Zealand and the broader Asia-Pacific region. AcademyGlobal has delivered CIPS qualifications since its appointment as an Approved Study Centre in 2019.

How is the course delivered?

The course runs over 1.5 days, or 6 x 2-hour sessions, depending on the scheduled intake.

You can participate in person or virtually, depending on the available course dates.

How much does the course cost?

The standard short course fee is $875 incl. GST per participant.

If you choose the CIPS pathway and require CIPS student membership, the fee is $1,095 incl. GST, including one year of CIPS student membership.

If you already hold current CIPS membership, you pay the standard $875 incl. GST course fee.

The CIPS examination fee is not included and is paid separately.

How do I enrol?

Click Register Now at the top of this page, or choose a session under Upcoming Programs, to enrol through our booking system. When you register, tick the box on the registration form if you also wish to sit the CIPS exam, and our team will send you further details.

If you have questions, complete the enquiry form below or email info@academyglobal.com and our team can help you choose the pathway that best suits your professional development goals.

What practical questions will this course help me answer?

How do I build a procurement strategy from scratch?

You will evaluate strategic directions and choices, methods of pursuing strategies, and strategy evaluation using suitability, acceptability and feasibility. You will also look at determining measurable outcomes of success and devising performance metrics for successful strategy implementation.

How should we respond to changing tariffs and trade regulations?

You will evaluate the regulatory influences on the global supply chain, including licensing of imports and exports, controls through import and export tariffs and duties, the role of global industry regulators and international bodies, and the challenges regulations create for global supply chains.

How can we manage currency and commodity price risk?

You will analyse the financial risks that arise within global supply chains, including foreign exchange and commodity risk, and evaluate tools for managing them, such as forward contracts, options, swaps and futures, along with monitoring and reporting financial risks.

Contact Us

If you would like assistance with your course selection, please complete the form below
or call 1300 950 251