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CIPS L5M1 Managing Teams and Individuals (*NEW* 2024)
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CIPS L5M1 Managing Teams and Individuals (*NEW* 2024)

About this course

Who is it for?Provides senior buyers, contract and supply chain managers with the expertise to improve organisational procurement and to fulfil organisational objectives. It gives you the knowledge base to reduce cost, improve quality and timescales, manage the supply chain and deal with legal issues.What will I learn?Building on the practical knowledge and understanding gained at CIPS Level 4 Diploma in Procurement and Supply you will develop a higher level of practical, theoretical and technical knowledge and understanding of procurement and supply. Your learning will focus on how to deal with key aspects of risk in supply chains and mitigation of those risks; processing and evaluating contracts and the impact of legal implications when contracts are breached. On completion of this qualification you can expect to improve your overall organisational procurement and supply performance to fulfil your organisational objectives.Entry requirementsYou will need to have achieved the CIPS Level 4 Diploma in Procurement and Supply.Module purposeOn completion of this module, learners will be able to evaluate the different schools of thought and the reasoning behind the variety of approaches to the management of themselves, individuals, and groups or teams within organisations, and how these might apply in a procurement and supply context.Module aim(s)Management is the administration of an organisation, whether it be a business, a not-for-profit organisation, or a government body. Management includes the activities of setting the strategy of an organisation and co-ordinating the efforts of its employees or volunteers to accomplish its objectives through the application of available resources, including financial, natural, technological, and human resources. In keeping with other organisational functions, those who manage procurement and supply activities must possess exp

B

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What you'll learn

  • evaluate different management approaches
  • apply risk management strategies in supply chains
  • process and evaluate contracts effectively
  • understand legal implications of contracts

Course objectives

  • develop advanced procurement and supply management skills
  • improve organizational procurement efficiency
  • meet organizational objectives through effective management
Operations Management #risk management #team management #management skills #supply chain management #procurement #organizational performance #legal implications #strategic objectives #cips #contract evaluation
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