

CIPS Diploma - Defining Business Need (L4M2) + Whole Life Asset Management (L4M7) (Online Training)
20 June - 23 June 2021
Online Training
Level: Intermediate
Brochure Download In-Company Training REGISTER FOR THE COURSE DOWNLOAD BROCHURECourse Director

Ian Moody
BSc, MBA
Lead Tutor - CIPS
The Chartered Institute of Procurement and Supply (CIPS)
Education Partners
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- 20 Jun 2021 Online
Overview
Timings: 11:30 to 17:00 GST
Duration: Three sessions of 90 minutes each with two 30-minute breaks
Defıning Business Need [L4M2]
The development of a business case and the ability to analyse markets are key if an organisation is to successfully source activity from external suppliers. Similarly, the clear definition of specification for through life contracts is crucial to overall business achievement. This module is designed for those who are expected to analyse, interpret and evaluate information on the different types of markets utilised by procurement and supply. It explores a variety of elements that underpin the development of business cases and specification and considers the options that should be explored when procurement and supply personnel are involved in defining requirements.
Whole Life Asset Management [L4M7]
Whole life costing takes into account the total cost of a product or service over its lifetime, from concept through to disposal including purchase, hire or lease, maintenance, operation, utilities, training and disposal. Hence, it is important for those involved in the procurement and supply function to take all these elements into consideration when making decisions and comparing the costs of buying, renting or leasing equipment. In most cases the purchase costs are a small proportion of the cost of operating it. Although costly, there are numerous reasons why organisations elect to hold inventory. The management and control of such inventory is therefore vital to organisational success. This module is designed for those who will have responsibility for the whole life management of assets and enables learners to analyse methods for inventory movement and control and to analyse the concept of whole life cost.
Who Should Attend
This qualification is the essential toolkit for anyone planning a career in procurement and supply. Developed and written using the Procurement and Supply cycle as its focus, it is at the same level as the first year of an undergraduate degree course. It is suitable for those in operational roles or those managing or supervising the procurement and supply function who want to develop their career and work towards MCIPS Chartered Procurement and Supply Professional.
Benefits of Attending
Defıning Business Need [L4M2]
On completion of this module, learners will be able to devise a business case for requirements to be externally sourced and will understand the role of market management and competitive forces as they specify goods and services in procurement and supply.
Whole Life Asset Management [L4M7]
On completion of this module, learners will be able to explain methods of inventory storage and control and analyse the concept of whole life cost from concept through to disposal.
Association
The Chartered Institute of Procurement and Supply (CIPS)
Centre Registration Number: 005461424
The Chartered Institute of Procurement and Supply (CIPS) is an international organisation serving the purchasing and supply profession. Established in 1932, CIPS has grown to become the central reference for industry best practice and their code of conduct is the standard around the world. In 1992 they were awarded a Royal Charter in recognition of their status as a centre of excellence and support for the profession.
Dedicated to promoting good practice, CIPS provides a wide range of services for the benefit of members and the wider business community. CIPS exists to promote and develop high standards of professional skill, ability and integrity among all those engaged in purchasing and supply chain management.
Everything CIPS does is underpinned by the development of knowledge and understanding around purchasing and supply. This knowledge is integral to their long-term strategy and reputation as a leading authority on procurement issues.
More About CIPS
- The world’s largest procurement and supply professional organisation
- A global organisation, supporting corporates and SMEs in all sectors and locations
- Promoting and developing standards, skills and abilities
- Offering best practice tools and techniques
- Leading edge thinking, for everyone in procurement and supply management
- Recognised throughout the world as the voice of the procurement and supply management profession
Course Director
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Ian Moody BSc, MBA
Ian has over 30 years of business experience ranging from senior management positions, in such companies as Ericsson to founding and selling his own companies. Ian designs and delivers training programmes globally with particular attention to the GCC nations. He works in many fields including both accredited and non-accredited courses for example:
Ian divides his time equally between the Middle East and the UK. In the UK Ian is a lead professor at London Met University and the University of West London specialising in working with students to gain their membership to the Chartered Institute of Procurement and Supply. |
Venue
Online Training
Online Training
Telephone: +971 4 407 2500
Fax: +971 4 335 2438
Course Fees
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Pricing excludes 5% VAT, which will be charged where applicable
Conduct group trainings for this course in your company.
For more information and group discounts, call +971 4 408 2864 or email a.watts@informa.com
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