Tel: 0800 1422 522

Level 5 – Purchasing Management

  • Unrivalled support from the first phone call.
  • Choose how you study, pass units and gain your accredited qualification.
  • First class course materials designed by industry experts.

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.

A procurement manager sat behind a laptop purchasing stock for the business

Course Introduction

Guarantee success in your industry with IoSCM. We offer every student much more than just a qualification; we provide the opportunity to grow, learn and progress as a professional with our unrivalled support network.

As with most supply chain sectors, the roles and responsibilities of those in a Purchasing and Procurement position can be varied. IoSCM’s Purchasing Academy enables those in industry to develop their skills through bespoke distance learning courses.

You can custom build the IoSCM Level 5 Purchasing and Supply qualification in order to meet your career ambitions, current job specification or objective of your employer.

This qualification is industry recognised across the globe. The IoSCM level 5 purchasing course was designed and developed by industry experts to provide first class study materials that meet National Occupational Standards (NOS). It also guarantees that we’re the best qualifications on the market.

The NOS framework specifies the UK standards of performance that people are expected to achieve in their work, and the knowledge and skills they need to perform effectively which are approved by UK government regulators.

Essentially, meeting the NOS framework means that with IoSCM you will learn exactly what is required in order to be successful in your job role and become a more valued asset than someone completing a more academic based programme.

WHAT WILL I RECEIVE?

Through completion of this IoSCM Level 5 qualification, you’ll receive an internationally recognised certification from IoSCM in Purchasing.

As well as this, you’ll be awarded an industry recognised qualification, Level 5 in Supply Chain and Operations from SFEDI Awards, who are the Ofqual regulated Awarding Organisation.

Ofqual is the government organisation that regulates qualifications and the organisations which offer them, maintaining standards and therefore confidence in education across England.

Because we’re Ofqual regulated you can be assured that every single qualification we produce is of high-quality, valid and fit for purpose.

WHAT IS THIS QUALIFICATION EQUIVALENT TO?

The IoSCM Level 5 in Purchasing is of the same level as a HND but studied in your own time, at your own pace and in the comfort of your own home.

The Level 5 is recognised and much sought after by employers and businesses. It gives you realistic, industry-specific knowledge and skills that is entirely tailored to you and the sector, giving you the best chance of gaining employment in the purchasing and procurement sector.

You can study around your current commitments and still save time and money in comparison to a full time or classroom based course. If you’d like to find out how an IoSCM Level 5 qualification in Purchasing can be significantly more beneficial to your career, give our expert Course Advisors a call today on 0800 1422 522.

Course Information

If you have any questions regarding this course, you’ll probably find the answer here. Alternatively, you can give our expert team of Course Advisors a call on 0800 1422 522.

The IoSCM 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.

Regardless of your ability, current level of education or the way you prefer to learn, we can custom-build a qualification to suit you.

We have a range of study methods available including NVQ style assessment, traditional academic routes and distance learning courses to ensure you’re study in the way that give you the best possible to chance to pass.

  • Do you currently work in the manufacturing industry? Ask us about our Work Based route.
  • Do you have previous experience of working in the industry? Ask us about our Experience route.
  • Do you have an academic background? Ask us about our Research and Reference route.
  • Are you completely new to the industry? Ask us about our Online Study route.

For further information on how our study methods can help you pass first time, it’s a good idea to speak to our team of highly-trained Course Advisors.

They can explain each method clearly and simply, helping you identify which study route would be best suited to you.

Call us now for a free, no obligation, consultation on 0800 1422 522.

The purchasing course allows students to develop management skills and sector specific
knowledge to support career development and operational efficiency.

Designed for students who would like to develop key skills and knowledge required to move into a supervisory management or team leader role and improve operational efficiency.

Take a look at our full unit list in the next tab.

 

WITH IoSCM’S EASY TO USE, ACCESSIBLE ONLINE PLATFORM

You’ll gain access to a customised learning platform in which you can take mock tests, utilise a huge library of resources and interact with other students across the globe.

As well as unlimited first class materials, there are self-assessments available online show the results immediately to give you direction on what you’re doing well and what you might need to take another look at.

You can take and retake the practise self-tests as many times as you like. By doing this, we’re  increasing your confidence in your ability to succeed and therefore, also ensuring you pass first time.

AND MULTIPLE, FLEXIBLE STUDY METHODS

Because IoSCM qualifications can be studied entirely online, you can study in your own time and in the comfort of your own home.

You can revisit materials and resources as often as required, simply log in to your personal learning platform. We do however, offer free monthly face to face or online workshops for you to attend if necessary.

We understand that every individual is different, so we encourage you to learn at your own pace and in a way that suits you.

As well as the extensive support available on our online learning platforms from your peers and other students, upon enrolment you’ll be assigned a Student Support Liaison. Your dedicated point of contact will handle all enquiries or issues throughout your studies and acting as your personal mentor.

You’ll also have unlimited support, guidance and feedback from our team of industry expert tutors, who you can read more about here. 

Units

You will gain skills in specific areas of purchasing depending on the units you choose to study.

The flexibility of our unit selection means you can customise your qualification so it is entirely tailored to you. Choose units that will benefit your current role or those that will give you the skills required to take your career to the next level.

Our qualifications are available as three different sizes, depending on how many units you choose and therefore, how long it will spend studying.

  • Award: Consists of one core unit and  is the shortest available qualification.
  • Certificate: Complete one core unit and two additional optional units, providing you with solid knowledge.
  • Diploma: More in-depth and comprehensive, you’ll study one core unit and also choose three optional units.
  • Extended Diploma:To gain the extended diploma you must complete one core unit and an additional five optional units

 

CORE UNITS

  • 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
  • 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

  • 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
  • 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
  • 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
  • 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
  • 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
  • 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
  • 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
  • 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 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
  • 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
  • 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)
  • 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
  • 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

Jobs and Progression

With the achievement of each level, you will expand your earning potential and evolve your career. The job titles become more prestigious and the salary grows as your continue your professional development.

With a IoSCM level 5 purchasing qualification, you can expect to achieve the following:

  • SENIOR BUYER: £37,000
  • BUSINESS OPERATIONS MANAGER: £30,000
  • PURCHASING MANAGER: £27,000

Speak to us today about our progression routes on 0800 1422 522.

Our expertise

IoSCM’s Tutor Team are an amalgamation of some of the industry’s finest talent. All experts within their field, the team provide preparation for your distance learning experience, assistance with your qualification and support you during each unit. Because we have tutors specialising in every sector of the industry, we have a strong perception of the requirements needed to succeed and progress within every field.

IoSCM Level 5 Purchasing and Procurement Tutor

20+ Years in Purchasing and Supply

  • Dedicated Tutor and Trainer for Over 10 Years
  • Level 7 Qualified
  • Education in Training Level 5 Certificate

“I’m passionate about supporting our learners throughout their distance learning journey. The level of support we provide, teamed with our customised approach and flexibility, guarantees success.”

You’ll receive unlimited 1 to 1 support, guidance and feedback from IoSCM’s industry expert tutor team, with communication through a range of methods including Whatsapp, Skype, Facetime, text, email or phone call.

 

OUR CLIENT BASE

Don’t just take our word for it, we’re trusted by thousands of businesses who have employees studying our distance learning courses, in 101 countries across the globe. From entry level personnel to senior managers, we’re securing the future of the purchasing industry by delivering fully accredited UK qualifications.

 

NETWORKING OPPORTUNITIES

Our network of expert expands beyond our tutors. Opportunities to network worldwide is available through the IoSCM Members’ Area, allowing you to build professional relationships, share experience and expertise with other professionals and organisations on a global scale.

Becoming a Member of the Institute of Supply Chain Management provides students and businesses with access to a range of services designed to support professional development and maintain high standards within the industry.

How to apply

It couldn’t be easier to apply for an IoSCM purchasing qualification with the UK’s leading provider of industry qualifications.

Simply contact our Course Advisors today on 0800 1422 522.

PAYMENT METHODS

We tailor every single qualification to the individual, including our payment methods. Finance shouldn’t be an issue that prevents you from furthering your career. We have a range of ways to fund your qualification including interest free credit and monthly instalments. We can assess the best method for you during your consultation call.

OUR GUARANTEE

IoSCM are confident in the standard of our qualifications, the delivery of our curriculum and the support from tutors and mentors combined with your hard work; we know it will lead you to success, first time around. So much so, that we can guarantee that if you are unsuccessful in the passing of your course, we will offer you a second opportunity to achieve your qualification free of charge.

Secure your guarantee by contacting our Course Advisors today on 0800 1422 522 for a free, no obligation quotation. Alternatively, you can leave us an enquiry or drop us an email on info@ioscm.com

“I chose to study an IoSCM Level 5 Diploma to improve my knowledge of the industry and to further my career progression. I undertook much research, as I wanted to find the best course to suit my needs, and I felt the choice of units and the flexibility of study provided by the IoSCM was the best option for me.

I have had a very good experience of studying with the Institute of Supply Chain Management; I found the course material to be very helpful and the student support team were fantastic in providing me with guidance and advice to ensure I progressed through my studies with ease.

I would definitely recommend the IoSCM and their courses to others. The optional units have helped me to develop new skills and knowledge that are specific to my job role and will help me to progress my career in future.”

Magloire Muyembe, IoSCM Level 5 Diploma in Managing the Supply Chain

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