Module 1: Procurement and supply environments
Understand the role and scope of procurement and supply in different economic sectors
Summarise the functions of the private sector
Analyse the role and scope of procurement and supply in the private sector
Analyse the role and scope of procurement and supply in the public sector
Explain the roles of the not for profit or third sector
Understand market forces that impact on procurement and supply
Explain the implications of different types of competitive markets on procurement and supply
Analyse the principles of market demand and supply and how these impact on procurement and supply
Explain the impact that market factors can have on organizations
Understand the external environment and its impact on procurement and supply
Use analytical tools to explain the impact of the external environment on procurement and supply
Explain the implications of economic criteria that impact on procurement and supply
Explain the implications of political and legislative criteria that impact on procurement and supply
Explain the implications of environmental and ethical criteria that impact on procurement and supply
Explain the implications of social criteria that impact on procurement and supply
Module 2: Procurement and supply operations
Understand the main techniques that can achieve added value through procurement operations
Explain techniques to obtain supplies to the purchaser’s requirements
Analyse techniques to secure competitive pricing
Explain techniques to achieve quality supplies
Assess techniques to secure required quantities at required timescales
Understand the main tasks associated with each stage of the sourcing process
Explain how procurement needs are identified
Explain criteria that should be applied in creating specifications
Assess approaches to the sourcing of supplies
Explain approaches to the formation of agreements with external organizations
Understand the impact of technology on procurement operations
Explain the impact of electronic procure to pay (P2P) systems on procurement operations
Explain how the use of internet technologies can support procurement operations
Module 3: Procurement and supply workflow
Understand the workflow involved when making agreements with suppliers
Explain the details that should typically be created in a purchase requisition
Explain the process for receiving quotations for the supply of goods or services
Assess the implications of contractual provisions that may be included in quotations for the supply of goods or services
Be able to develop a standard purchase order for goods or services
1 Analyse the details that should typically be created in a purchase order
Complete a purchase order for goods or services
Be able to interpret data relating to the workflow involved in procurement and supply
Calculate future demand from relevant data used within procurement and supply
Use data that relates to the pricing of goods or services for procurement and supply
Use financial data supplied in sets of accounts to gauge the financial standing of organizations in procurement and supply
Draw conclusions from the operation of financial budgets for procurement and supply
Understand how to deliver effective customer service to improve workflow in procurement and supply
Review how customer service improves workflow in procurement and supply
Explain how to clarify requirements when communicating with stakeholders
Explain how technology impacts on communications in procurement and supply
Module 4: Inventory and logistics operations
Understand the main implications of purchasing and supplying inventory
Classify the main types of inventory
Assess the costs involved in holding inventory
Explain the main techniques for the monitoring and control of inventory
Analyse the main techniques for calculating the future demand for inventory
Know the main methods for the storage and movement of inventory
Describe the principles of stores and warehouse design
Describe the use of product coding in inventory operations
Describe the use of warehousing equipment
Understand the principles of transportation in logistics
Explain the main modes of transportation in logistics
Explain documentation that relates to transport in logistics
Assess common types of Incoterms in international logistics
Develop a plan for the transport of freight
Module 5: Procurement and supply relationships
Understand the range of both internal and external relationships in procurement and supply
Assess the roles of personnel within an organization who may be involved in a relationship in procurement and supply
Classify the stakeholders in a relationship between purchasers and suppliers
Explain the appropriateness of cross-functional working when making relationships in procurement and supply
Assess the roles of personnel involved in a supply chain relationship
Understand the contribution that marketing makes to develop customer and supplier relationships
Review the principles and definitions of marketing
Explain techniques associated with marketing
Explain sources of competitive advantage sought through marketing
Explain the relevance of marketing principles to purchasers
Understand the elements of a commercial relationship between purchasers and suppliers
Explain the main techniques for the profiling of purchasers and suppliers
Classify the types of information that can be exchanged between purchasers and suppliers
Explain how technologies may impact on a commercial relationship between purchasers and suppliers