In this practical 1-day course (or 4 x 2-hour sessions), you will evaluate techniques for supplier development and innovation in procurement and supply, and appraise the environmental factors to consider when applying them. Choose the short course on its own, or add the optional CIPS L6M8 exam to earn 6 credits towards the CIPS Level 6 Professional Diploma in Procurement and Supply.
Description
Are you treating suppliers as line items when they could be driving innovation?
In this practical 1-day course (or 4 x 2-hour sessions), you will evaluate techniques for supplier development and innovation in procurement and supply, and appraise the environmental factors to consider when applying them.
Procurement and supply has a significant role in influencing strategic suppliers to adopt innovative approaches and continue to develop. As a procurement and supply leader, you are expected to identify opportunities to improve and innovate, and to lead and implement the processes involved. You will build clear knowledge of the tools and techniques available, and of the environmental factors that affect these initiatives.
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 6 Professional Diploma in Procurement and Supply. Complete the course and register for the official CIPS L6M8 exam. Pass the exam to earn 6 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.
What the course covers
• Cross-functional working, concurrent engineering and product and process design
• Collaboration, early supplier involvement, innovation councils and supplier forums
• Technology transfer and data analytics for planning and decision-making
• E-procurement, e-sourcing, e-auctions and purchase to pay systems
• Data integration between organisations, including APIs
• Relationship assessment and balanced scorecards for supplier development
• Tools such as lean, just-in-time, total quality and business process re-engineering
• Incentivising improvement and innovation through bidding, selection and contract management
• Environmentally sensitive design and green procurement, including ISO 14001 and ISO 20400
What you will be able to do
By the end of the day, you will be able to:
• Assess cross-functional working to achieve improvements in the supply chain
• Evaluate techniques to promote the development of innovation in procurement and supply
• Contrast the developments in technology that can be applied to promote improvements in supply chains
• Evaluate the use of relationship assessment for supplier development
• Evaluate where technology and other tools can be used to improve procurement and supply
• Assess methods to incentivise improvement and innovation
• Assess approaches to environmentally sensitive design and the impact of green procurement on improvement and innovation
Course format
• Duration: 1 day or 4 x 2-hour sessions
• Delivery: in person or virtual, with practical activities and group discussion
• CIPS module: L6M8 Innovation in Procurement and Supply (https://www.cips.org/qualifications/professional-diploma-in-procurement-supply/innovation-in-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 L6M8 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 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 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.
