Ethical Procurement and Supply - L3M2

Purpose: On completion of this module, learners will be able to identify the significance of ethics for procurement and supply and define each stage of the sourcing process, explaining how operational performance can be measured and improved in support of added value operations.

Aim:  The significant impact on reputation and customer perception mean that ethics and responsible procurement should be at the heart of all organisational procurement and supply activity. A successful organisation will strive to add value at every stage of its operations and will seek ways to measure and improve performance. This module is designed for those responsible for the application of ethical codes of conduct on the procurement and supply operation and who are expected to know how to address potential conflicts of interest. They must also define tasks associated with each stage of the sourcing process and identify the techniques available to achieve added value, recognising how operational performance can be measured and improved.

Chartered Institute of Procurement and Supply

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Learning Outcomes

Session 1:
[1.0] Know techniques that can achieve added value and its contribution to organisational success  
[1.1] Explain how to use techniques to obtain supplies to the purchaser’s requirements  
[1.2] Identify the contribution that value for money has to make to organisational success  

Session 2:
[1.3] Explain how to use techniques that are available to achieve quality supplies  
[1.4] Identify techniques to secure required quantities within required timescales  

Session 3:
[1.5] Identify value for money criteria  

Session 4:
[2.0] Know tasks associated with each stage of the sourcing process  
[2.1] Describe how procurement needs are established   
[2.2] Identify criteria that should be applied in creating specifications  

Session 5:
[2.3] Describe approaches to the sourcing of supplies  
[2.4] Describe approaches to the formation of agreements with external organisations   



Session 6:
[3.0] Understand the significance of ethics for procurement and supply   
[3.1] Explain the importance of the CIPS Code of Conduct in procurement and supply  

Session 7:
[3.2] Describe the use of codes of ethics in procurement and supply  

Session 8:
[3.3] Explain the conflicts of interest that can exist in the work of procurement and supply and how to deal with them  

Session 9:
[4.0] Understand how operational performance of the procurement and supply function can be measured and improved   
[4.1] Recognise the importance of delivering customer service and how to improve  
[4.2] Explain ways to measure cycle times for the sourcing process  
[4.3] Explain methods to assess the performance of and control budgets  

Session 10:
Module Recap

                    Session Dates

              Summer Cohort 2020
                  To be announced
           
              Winter Cohort 2020

                  To be announced

Exam Dates

You can appear for the L3M2 examination on one of the following dates. Please contact the Certifications Manager to book your examination. Candidates need to pay for the Examination Fee and Centre Fee.

About L3M2 Exam

Sample Exam

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Our CIPS, UK Approved Faculties can deliver Ethical Procurement and Supply – L3M2