CIPS Advanced Diploma - L5M2 Managing Supply Chain Risk
Exam Preparation and Revision with Practice Test
Description
CIPS qualifications are regulated internationally to ensure the it is a recognised, professional standard in procurement and supply. CIPS Level 5 Advanced Diploma in Procurement and Supply is a vocationally related professional qualification
This course will assist students who are taking the CIPS examination for the Level 5 Advanced Diploma in Procurement and Supply - L5M2 module.
This course is useful to students who are preparing for the CIPS exams on a "self study" or those who wish to test their knowledge prior to the exams. It provides the test for students to practice and check their preparation. It will increase you chances for passing the exams. CIPS exams are held six time year at various venues around the world. You can view the exam venues and register online for taking CIPS exams.
Risk management is a central part of an organisation’s strategy. It is a process whereby the organisation will identify, record and then address the risks associated with their activities with the aim of driving out or controlling those risks to the overall benefit of organisational efficiency and effectiveness. The supply chain is by its very nature a complex activity which is therefore susceptible to risk and its associated impacts. This module is designed to enable learners to examine the nature of supply chain risk and to evaluate mitigation techniques which are available to them as they deal with the associated challenges. They will undertake risk analysis and consider the advantages of a risk register as they apply a range of appropriate risk management tools and techniques to the supply chain
What You Will Learn!
- Revise the L5M2 module of CIPS Level 5 Advanced Diploma in Procurement and Supply
- Build on the practical knowledge and understanding gained at CIPS Level 4 Diploma
- Be able to use a variety of tools and techniques to establish the level of risk in supply chains
- Apply ways of avoiding, mitigating or managing risk.
Who Should Attend!
- Students taking the Level 5 CIPS Examinations
- Senior buyers and supply chain managers who are seeking to achieve organisational procurement objectives.