Workshop 1 L4M1: Scope and Influence of Procurement and Supply

Workshop 1 L4M1: Scope and Influence of Procurement and Supply JanuaryJan 12 2021 07:00pm - 08:30pm

Module purpose

On completion of this module, learners will be able to identify the key stakeholders in the
application of the sourcing process and analyse the procurement cycle, evaluating the
influence that procurement and supply has as a source of added value for the organisation.

Module aim(s)

In any organisation, a significant proportion of costs are accounted for by the purchases
of products and/or services, hence organisations see procurement and supply as a key
contributor to their value added strategies. Equally, any organisation will also be managing
the supply of products and/or services to their customers, be they internal or those from
other external organisations, consumers or the general public. This module is designed
using the CIPS Procurement Cycle as its basis. It will provide those who are interested in
developing an informed awareness of different perspectives or approaches within the
discipline, an overview of the key stages associated with procurement and supply, and
will serve as an introduction for those who are expected to address complex well-defined
procurement and supply problems that are non-routine in nature.

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