Level 5

IoSCM Level 5 - Purchasing Management

The Level 5 qualification is intended for students with extensive experience working at management level within the supply chain sector and looking to progress to a senior management role. The course allows students to develop management skills and sector specific knowledge to support career development and operational efficiency.

*Through completion of the Introductory Diploma in Purchasing you will receive certification from IoSCM and also a regulated qualification, Level 2 Introductory Diploma in Supply Chain and Operations, via our partnership with SFEDI Awards as the Ofqual regulated Awarding Organisation.

  • Course
    Delivery
  • Course
    Requirements
  • Elective
    Units
  • Optional
    Units
  • Job Title
    & Salaries
  • Business
    Improvements

When you study with IoSCM, you'll benefit from an innovative flexible approach that's unlike any other qualification on the market:

FLEXIBLE ROUTE SYSTEM: CHOOSE UNITS FROM ANY COURSE OR SECTOR AND BUILD YOUR CUSTOM QUALIFICATION

IoSCM's unique flexible route system allows you to gain an internationally-recognised qualification that's tailored to cover the exact skills you need to progress in your career.

Recommended unit choices for this qualification are provided in the tabs, but our qualifications are designed to allow learners to combine whichever units they prefer to create a customised training course. Take all your units within the same specialist area to build deep expertise, or combine units from multiple sectors to develop a broader understanding of a subject.

To discuss building a custom flexible route qualification, complete the enquiry form and one of our experienced course advisers will be happy to help.

FLEXIBLE STUDY OPTIONS: USE YOUR EXISTING QUALIFICATIONS AND EXPERIENCE TO PASS THE COURSE YOUR WAY

IoSCM's unique delivery model means that you can use your existing knowledge and skills to complete your qualification faster. Simply review the course requirements, and if you have an existing qualification, prior experience or current workplace responsibilities that meet the required standard you can submit these as evidence to pass all or part of your course. Discounts are available for students who are able to pass large portions of their qualification using existing experience, so this path can be both a time-efficient and cost-effective way to turn your existing skills into an internationally-recognised qualification.

For remaining study areas, you can choose to follow our online learning platform, complete projects within your workplace, or conduct your own personal study and research - whichever fits your learning style best. Whichever way you choose to study, you'll have unlimited advice and support from an industry expert tutor to help you succeed.

However you choose to study, our rigorous assessment and quality processes will ensure you're getting the maximum benefit from your studies, and that you come away with a highly-regarded, internationally recognised and fully accredited qualification.

FLEXIBLE DISTANCE LEARNING: ONLINE PLATFORM AND UNLIMITED TUTOR SUPPORT

Choose to study with IoSCM’s distance learning package and you will have access to the IoSCM online learning platform which is specifically designed to enhance your learning experience and provides a unique, first-class learning environment. With the facility to create your own personalised profile, the platform provides access to study materials, learning resources and the exclusive members' network, alongside a comprehensive support package with an industry-expert tutor.

You can take complete ownership of your studies via our online platform. After completing a self assessment to identify the most suitable study route, you can monitor your progress, submit assessments and provide feedback quickly and easily.

GET STARTED TODAY

To discuss the best unit options and study route for you, complete the enquiry form today. One of our experienced course advisors will be happy to help you choose the best qualification, unit and study options for your needs.

  • For the Award complete 1 elective unit 
  • For the Certificate complete 1 elective and any 2 other units
  • For the Diploma complete 1 elective unit and any other 3 units.

Purchasing Management

  • Key roles of management: Purchasing management, Purchasing cycle, Market analysis, Porters Five Forces, Stakeholder analysis
  • Impact of legislation: Breach of contract, Consumer law
  • Working relationships with suppliers: Supplier risk management, Supplier appraisal, Risks and barriers in supplier relationships, Supplier Relationship Spectrum
  • Effective negotiating skills: Tools and techniques for effective negotiating, Supplier management

Operation Management Processes

  • Operations management: Inputs and outputs, Volume, variety, variation and visibility, Managing operations and operations functions, Performance objectives, Planning and control, Macroeconomic factors, Implementation of business strategy, Judging performance against competitors, The operation’s contribution
  • Operations processing: Operations management four generic processes, Process mapping, Materials requirement planning (MRP), Supply and demand, Supply network, Outsourcing, Process technologies
  • Relationship between operations management and strategic planning: Strategic decisions, The balanced scorecard, Operations strategy, Quality, Speed, Dependability, Flexibility & Cost, Performance measurement systems
  • Operations improvement techniques: Cost leadership strategy, Focus strategy, Value chain, Performance measurements, Performance standards, Benchmarking, Lean manufacturing, Agile manufacturing, Total quality management, PESTLE analysis, Business excellence models
  • Organisational challenges: Globalisation, Social responsibility, Environmental responsibility, Technology

Optional Units A

The Machinery of Government and Procurement

  • Drivers and Decision Makers of Central and Local Government: Drivers and decision makers of Central Government; Drivers and decision makers for Local Government; Public Sector Procurement; Procurement for Political purposes
  • Measures for protecting against Fraud: Procurement Fraud; Investigative Framework; Key Risks in Procurement; Mitigating Risk in Procurement
  • Financial accountability for Procurement policy and practice: Criteria for a Procurement Policy Manual; What is Ethical Procurement; Performance Management and Measurement

Marketing for Purchasers

  • The Role of Marketing in an Organisation: The role of Marketing in a typical organisation; Marketing principles; Development of a Marketing Strategy; Marketing services procurement; Marketing Spend Categories
  • The Analysis of Marketing Information: The different methods of Market Research; Sourcing plan; Marketing Information Systems
  • The Components of the Marketing Mix: The use of the 7Ps within the Marketing Mix; The purpose of a marketing partnership; Product Strategy and Categorisation

International Trade Law

  • Principles of international trade law
  • Concepts associated with international trade law
  • Importance of international trade law within an organisational context
  • Importance of monitoring international trade law within an organisational context

International Trade Finance

  • The principles of international trade finance: What is International Trade Finance; The importance of International Trade Finance; How the principles of international trade finance might contribute to competitive advantage; Legal Entities; Sources of Funding
  • The concepts associated with international trade finance: The concepts associated with international trade finance; The integration of concepts within an organisational context
  • The importance of international trade finance within an organisational context: Importance and implications of international trade finance within an organisational context;
  • Monitoring and controlling international trade finance within an organisational context: Monitoring and controlling international trade finance; Budgets; Financial Reporting; Absorption Costing and Marginal costing; Money Laundering

Customer Service

  • Managing customer relationships: Customer relationship management; Methods used; Customer service strategy; Customer service levels; Best practice
  • Customer focused culture: Customer care; Improving service delivery; Culture change
  • Customer satisfaction: Return on investment; Assessing customer satisfaction; Customer care charter
  • Managing customer complaints: Current practices; Customer loyalty; Complaints policies and procedures

Contracting in the Public Sector

  • The different types of Contracts: Different types of contracts; Contract management procedures; Legal and regulatory requirements for governing contracts
  • The processes used to monitor and evaluate the performance of Contractors: Building relationships with contractors; The procedures involved for communicating with contractors and other stakeholders; The procedures for Contractor performance monitoring; The Legal and regulatory requirements for Contractor Compliance; Evaluation of contractors

Optional Units B

Warehousing

  • Warehouse policies: Benefits of warehousing, Types of warehouses, Warehouse policies and procedures, Warehouse exit strategy – in house, Warehouse exit strategy – outsourcing
  • Requirements: Warehouse activity, Storage system design, Warehouse layout, Product layout, Material flows, Resource planning, Material handling, Warehouse personnel
  • Inventory strategy: Integrated supply chain, Supply chain management, Supply chain measurement, Performance evaluation, Quality management, Supply chain performance measures, Supply chain strategy, Product life cycle, Service levels, Transportation, Inventory and planning control
  • Legislation: Health and safety legislation, Prevention, Risk assessment, Manual Handling Regulations, Licencing and permits, Training, Insurance
  • Technology advances: Warehouse Management System, Materials Requirement Planning, Manufacturing Resource Planning, Information Communications Technology, Automated Storage and Retrieval Systems, Conveyor systems, Barcode technology, Radio Frequency Identification Technology, Electronic Data Interchange (EDI), Electronic Point of Sale (EPOS), Key performance indicators, Inventory reduction
  • Financial systems: Budgeting, Performance measurement, Warehouse costs, Activity based costing (ABC), Payback period, Rate of return, Performance indicators, Balanced scorecard

Transport Management

  • Nature and purpose of transport planning: Demand for goods movement, Demand for travel, Types of transport, Journey planning and modal choices, Access and mobility requirements
  • Land use: Land density, Transport infrastructure, Brown field developments
  • Sustainability: Planning strategy and process, Environmental issues in transport provision, Sustainability, The role of central Government, Four stage transport plan
  • Transport demand: Demand for movement, Demand for travel, Demand drivers, Warehousing, Hazardous goods, Forecasting demand, Future of transport planning
  • Movement of freight: Freight operations, Environmentally sustainable transport, Conventional and emerging issues in transport

Supply Chain Management

  • Effective management and control: Supply chain management, Supply chain risks and strengths, Strategic factors, Provide competitive advantage, Operations management
  • Physical and information flows: Product and information flows, Supply chain objectives, Supply chain integration and harmonisation
  • Why supply chain may not function correctly:  Barriers and risk, Forecast methods, Supply chain drivers, Strategic fit, Benchmarking
  • Strategic and operational planning: Supply chain planning decisions, Operations strategy, Supply chain improvement models, ISO 9000, Agility, The seven wastes
  • Impact of technology: Technological advances in supply chain, Data processing systems, Improvements towards agility, Information systems infrastructure, Communication

Quality Management

  • The concept of quality management: What is Quality, The concept of Quality Management in a business, The importance of quality within an organisation, The theories of Quality Management, Quality Management Tools and Techniques
  • Embedding quality management: Teamwork in Quality Management, Training and development in Quality Management, Embedding quality management into the culture of an organisation, Promoting continuous quality improvement within an organisation’s culture
  • Systems that support quality management: Monitoring Quality Management, Controlling Quality Management, Evaluate quality standards that support Quality Management

Production Management

  • Production planning: Sales and operations planning; Demand management programme; Master production schedule; Materials requirement planning; Production control; Settlement; Materials management; Profitability and productivity; Production in the supply chain; Customer service
  • Production planning, sales planning and forecasting: Budgeting methods; Predicting demand; Demand management
  • Master Scheduling terminology: Master production schedule; Capacity planning; Materials requirement planning; Rough cut capacity planning; Production control
  • Development of manufacturing and control systems: Planning principles; Production planning systems
  • Improve planning performance: Benchmarking; Quality; Total quality management; Planning performance objectives; Production planning and control; Performance measures; Lean manufacturing

Port and Shipping Management

  • Shipping and international trade: Ships and the shipping system, Tramp & liner service markets, International trade patterns, International maritime passages
  • Business strategy in shipping: Corporate strategy for shipping, Financial strategy for shipping, Costs, Bargaining power of buyers and suppliers, International shipping law, Regulation and finance, Maritime laws
  • Port operations management: Terminals, Physical flows in a port, Product and information flow, Terminal performance indicators, Productivity, utilisation and service measures
  • Agile ports: Characteristics of an agile port, Lean logistics
  • Port development: Containerisation, concentration, collaboration and competition, Emerging trends

Movement of Goods

  • Principles and Practices in relation to the Movement of Goods: Definition of the movement of goods, What is Logistics, Modes of Transport used to move goods (Air, Road, Rail, Sea)
  • The characteristics of goods and the impact on their handling: Types and characteristics of Goods, Handling of different types of goods, Safety and Security measures relating to the different types of goods, Unitisation of goods
  • The considerations that influence the flow of goods: Supply and Demand, Variations in Demand for goods, Load planning, Resource planning, Modal planning and Scheduling, The use of Third Party Logistics (3PL)

Logistics

  • Logistical requirements of a supply chain: What is logistics?, Who is the customer?, The supply chain, The large player, Integration, Networks, Deregulation and privatisation
  • Customer needs: E-logistics, Electronic data interchange (EDI), Scheduling methods & issues, Planning framework, PESTLE analysis, Planning
  • Optimise use of logistics: Inventory management systems, Factors in the use of resources, Measuring and managing logistics performance, The balanced scorecard, The Supply Chain Operations Reference Model, Key performance indicators
  • Modes of transport: Rail, Road, Air, Sea
  • Technology, Information & communication technology, Evolution of technology, Improvements in technology
  • Quality: Outsourcing, Reverse logistics, Green logistics, Total quality management, Quality inspections, Continuous improvement strategy

Inventory

  • Purpose of inventory management: Inventory, Inventory management, Competitive advantage
  • Fixed period & fixed quantity models: Plan inventory requirements, Forecasting, Qualitative & quantitative techniques, Fixed order or continuous review system, Order quantity models, Economic Ordering Quantity
  • Effect of inventory management on supply chain   : A-B-C approach, Economic Ordering Quantity model, Fixed order or continuous review system, Quantity discount model, Continuous inventory systems, Periodic inventory systems, Quantitative and qualitative forecasting
  • Modern inventory systems: Inventory control systems, Contemporary logistics strategies, Performance indicators, Increase operational efficiency, Increase customer service satisfaction
  • Minimising stock level: Inventory allocation, Material requirements planning, Distribution requirements planning, Single period / multi period inventory systems
Purchasing Manager£27,000 - £41,000
Business Operations Manager£30,000 - £46,000
  • By understanding lead times, Inventory levels can be optimised and avoid stock outs
  • Ensure that your organisation never runs of of inventory, by ensuring that buffer stocks are held

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