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L5M5 Managing Ethical Procurement and Supply

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In this practical 1-day course (or 4 x 2-hour sessions), you will explore how ESG (Environmental, Social and Governance) considerations can influence the ethical and sustainable elements of procurement and supply arrangements. Choose the short course on its own, or add the optional CIPS L5M5 exam to earn 6 credits towards the CIPS Level 5 Advanced Diploma in Procurement and Supply.

Description

Are you under pressure to prove your supply chain is ethical and sustainable?

In this practical 1-day course (or 4 x 2-hour sessions), you will explore how ESG (Environmental, Social and Governance) considerations can influence the ethical and sustainable elements of procurement and supply arrangements.

Procurement and supply activity across the globe requires organisations to understand and address the associated ethical and sustainability challenges. ESG considerations provide a holistic view of the ethics and sustainability issues organisations must consider when working across supply chains. They challenge decision making and transparency, and demand effective stakeholder engagement to support further improvements in securing ethical and sustainable supply chains.

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.

Choose your learning pathway

Two pathways, depending on your goals.

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

Option 2: Short course + CIPS exam

Build your skills and progress towards the CIPS Level 5 Advanced Diploma in Procurement and Supply. Complete the course and register for the official CIPS L5M5 exam. Pass the exam to earn 6 credits towards the CIPS Level 5 Advanced Diploma in Procurement and Supply.

Eligibility: you need the CIPS Level 4 Diploma first.

What the course covers

• Ethical and ESG factors in supply chains

• Modern slavery, bribery, corruption, fraud and human rights issues

• Globalisation, global sourcing and low-cost country sourcing

• Cultural and social factors, labour standards and workers' rights

• Conflicts between stakeholders when applying ESG considerations

• Mapping supply chains to achieve transparency

• Contractual terms and third-party audits that support ESG objectives

• Managing supplier relationships when ESG failures occur

• International labour standards and independent accreditations

• Fair trade standards in procurement and supply

What you will be able to do

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

• Analyse the application of ethical and ESG factors in supply chains

• Assess the cultural and social factors in securing ethical and sustainable procurement and supply

• Assess methods to achieve ESG standards to secure ethical and sustainable supply chains

• Evaluate how contractual terms and third parties can support compliance with ESG objectives

• Assess how supplier relationships should be managed in the event of failures in ESG considerations

• Assess the role of international labour standards, external standards and accreditations in achieving ESG objectives

Course format

• Duration: 1 day or 4 x 2-hour sessions

• Delivery: in person or virtual, with practical activities and group discussion

• CIPS module: L5M5 Managing Ethical Procurement and Supply (https://www.cips.org/qualifications/advanced-diploma-in-procurement-supply/managing-ethical-procurement-and-supply)

Fees

• Standalone short course: $475 incl. GST per participant

• CIPS pathway: $695 incl. GST (includes one year CIPS student membership)

• The CIPS exam fee is set by CIPS and paid separately (https://www.cips.org/membership/exam-member-fees)

Assessment

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 L5M5 Objective Response (OR) exam during one of CIPS’ scheduled exam periods throughout the year (see the CIPS exam schedule: https://www.cips.org/students/exam-success/exam-schedules). A pass gives you 6 credits towards the CIPS Level 5 Advanced Diploma in Procurement and Supply. To sit the exam, you must first have achieved the CIPS Level 4 Diploma in Procurement and Supply, which is the CIPS entry requirement for Level 5. This applies only if you choose to sit the exam. You do not need it to attend this course.

The exam is a computer-based Objective Response examination. Rather than writing extended or essay-style answers, you are presented with questions and select the correct response from a range of possible answers. The pass mark for Objective Response examinations is 70%.

Objective Response exams are held during designated CIPS examination periods. CIPS currently schedules exam periods five times each year, in March, May, July, September and November.

All CIPS examinations are computer based, and you can sit the exam through remote invigilation. This means you can undertake the examination from a suitable location such as your home or office, provided you meet CIPS’ technical and examination-environment requirements.

For a remotely invigilated exam, you will need an appropriate desktop or laptop computer, stable internet connection, webcam and suitable private examination environment. The examination itself is completed through CIPS’ computer-based TestReach platform while an approved remote invigilator supervises the examination. CIPS provides candidates with instructions and technical requirements ahead of the exam.

The exam fee is set by CIPS and paid separately (see the CIPS exam fees: https://www.cips.org/membership/exam-member-fees), and AcademyGlobal will take care of your exam registration and support you with the associated administration.

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.

Exam format (objective response): you select a response from a list of possible answers. The exam is 1.5 hours long.