In this practical 1-day course (or 4 x 2-hour sessions), you will assess a range of processes that support the achievement of competitive advantage and improvements in organisational performance through the supply chain. Choose the short course on its own, or add the optional CIPS L5M7 exam to earn 6 credits towards the CIPS Level 5 Advanced Diploma in Procurement and Supply.
Description
Are you expected to cut costs without putting quality or supply at risk?
In this practical 1-day course (or 4 x 2-hour sessions), you will assess a range of processes that support the achievement of competitive advantage and improvements in organisational performance through the supply chain.
Competitive advantage is associated with the processes and procedures an organisation has at its disposal to outperform its competitors. Many organisations see their supply chains as a significant source of competitive advantage. You will gain a clear understanding of the approaches and techniques available to leverage the supply chain to 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.
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 L5M7 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
• Supply chains, supply networks and supply chain management
• Added value that effective supply chain management delivers
• Organisational infrastructure, process mapping and value chain analysis
• Collaborative and competitive approaches to supply chains
• Total quality management and statistical methods, including Six Sigma
• Just-in-time, lean and agile supply and the 5S methodology
• Business process re-engineering and benchmarking
• Sources of competitive advantage and pricing arrangements
• Cost reduction activities, including value analysis and value engineering
• Collaboration and partnership sourcing arrangements
What you will be able to do
By the end of the day, you will be able to:
• Analyse the added value that effective supply chain management can deliver for the organisation
• Compare approaches to improving supply chains, including total quality management
• Analyse the use of statistical methods to achieve supply chain improvement
• Critically appraise processes that can be used for supply chain improvement
• Evaluate sources of competitive advantage
• Analyse pricing arrangements and cost reduction activities that can be used to achieve competitive advantage
• Assess methods to promote greater collaboration in supply chains
Course format
• Duration: 1 day or 4 x 2-hour sessions
• Delivery: in person or virtual, with practical activities and group discussion
• CIPS module: L5M7 Achieving Competitive Advantage Through the Supply Chain (https://www.cips.org/qualifications/advanced-diploma-in-procurement-supply/achieving-competitive-advantage-through-the-supply-chain)
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 L5M7 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.
