CIPS_DipProcSupp_L4_UCG_24pp_210sq_0517_WEB

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Diploma in procurement and supply 4.0 Understand the main processes that can be applied to the sourcing of requirements from external suppliers 4.1 Assess commonly used sources of information on market data that can impact on the sourcing of requirements from external suppliers • The importance of analysing markets • Compiling data on expenditures on suppliers • Indices that measure economic data • Secondary data on markets and suppliers • Commodity pricing • Analysing potential sales 4.2 Explain the main processes used for obtaining quotations and tenders • Advertising requirements • Requests for information or quotations • The operation of tendering • Formalised arrangements for tendering • Decision criteria for dispensing with tendering 4.3 Evaluate the criteria that can be commonly applied to the assessment of quotations or tenders • Assessment of suppliers proposals • The use of weighted points systems for assessment • Recommending sources of supply 4.4 Explain how electronic systems can be used to help the sourcing of requirements from external suppliers • Erequisitioning and purchase ordering systems • Ecatalogues on intranets and the internet • The use of eauctions • Etendering systems 16 www.cips.org
Diploma in procurement and supply 5.0 Understand compliance issues when sourcing from suppliers 5.1 Analyse the main legislative, regulatory and organisational requirements when sourcing in the not for profit, private and public sectors • The use of competitive tendering processes • The impact of timescales on tendering processes • Procedures for contract award • Regulatory bodies that impact on the private sector • Organisations that impact on product and safety standards 5.2 Analyse the main legislative, regulatory and organisational requirements when sourcing from international suppliers • Documentation relating to imports • Import duties and tariffs • Payment mechanisms • The use of incoterms • Customs control and clearance • Ethical sourcing fair trade standards • Currency regulations • Applicable law www.cips.org 17
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CIPS_DipProcSupp_L4_UCG_24pp_210sq_0517_WEB

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