CIPS L5M6 Category Management

Description

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 it’s focus, it is at the same level as the second year of an undergraduate degree course.

It’s 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.

You will learn about making procurement and supply happen within an organisation, and you will be equipped with an essential range of knowledge and tools that you can apply immediately in your workplace. Learn how to apply practical, theoretical and technical knowledge, gain a clear understanding of procurement and supply and develop the ability to address complex, non-routine problems.

The practice test contains carefully crafted questions and answers based on the content of the study guide - these are not passed questions from real CIPS exams as these are no longer issued by CIPS and would be an infringement of copyright. It serves as a revision.

Who this course is for:

• Learners who are taking the CIPS Exams for L5M6 Category Management

• Learners who wish to pass the CIPS exams.

• Learners who want to gain confidence in passing the exams

• Anyone who wants to know more about procurement

On completion of this module, learners will be able to evaluate approaches that can be adopted to develop category management of both direct and indirect organisational expenditure and plan for the associated strategic processes.

Category management involves applying the end-to-end procurement process to a specific range of goods or services. This involves pre-award processes such as category analysis and demand management, sourcing and contract negotiation, and the post-award processes such as performance management. It is essential that those involved in managing procurement and supply activity can evaluate approaches to develop category management and are able to create process plans which ensure category management success. This module is designed for those who have responsibility for category management as it focuses on the differing approaches for category management using the tools and techniques which are available to assist with the creation of the associated processes for direct or indirect expenditure.

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