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CIPS Diploma - Defining Business Need (L4M2) + Whole Life Asset Management (L4M7)

Informa Middle East
Course summary
4 days
5,195 USD excl. VAT
English
Dubai
Professional Training

Course Description

Defıning Business Need [L4M2]
The development of a business case and the ability to analyse markets are key if an organisation is to successfully source activity from external suppliers. Similarly, the clear definition of specification for through life contracts is crucial to overall business achievement. This module is designed for those who are expected to analyse, interpret and evaluate information on the different types of markets utilised by procurement and supply. It explores a variety of elements that underpin the development of business cases and specification and considers the options that should be explored when procurement and supply personnel are involved in defining requirements.

Whole Life Asset Management [L4M7]
Whole life costing takes into account the total cost of a product or service over its lifetime, from concept through to disposal including purchase, hire or lease, maintenance, operation, utilities, training and disposal. Hence, it is important for those involved in the procurement and supply function to take all these elements into consideration when making decisions and comparing the costs of buying, renting or leasing equipment. In most cases the purchase costs are a small proportion of the cost of operating it. Although costly, there are numerous reasons why organisations elect to hold inventory. The management and control of such inventory is therefore vital to organisational success. This module is designed for those who will have responsibility for the whole life management of assets and enables learners to analyse methods for inventory movement and control and to analyse the concept of whole life cost.

Suitability - Who should attend?

This qualification is the essential toolkit for anyone planning a career in procurement and supply. Developed and written using the Procurement and Supply cycle as its focus, it is at the same level as the first year of an undergraduate degree course. It is suitable for those in operational roles or those managing or supervising the procurement and supply function who want to develop their career and work towards MCIPS Chartered Procurement and Supply Professional.

Outcome / Qualification etc.

Defıning Business Need [L4M2]
On completion of this module, learners will be able to devise a business case for requirements to be externally sourced and will understand the role of market management and competitive forces as they specify goods and services in procurement and supply.

Whole Life Asset Management [L4M7]
On completion of this module, learners will be able to explain methods of inventory storage and control and analyse the concept of whole life cost from concept through to disposal.

Expenses

The cost of this Informa training course is USD 5195 per delegate, inclusive of lunch and refreshments.

Valuable Savings
Early bird discounts are available for all of Informa's courses, and special offers are applicable on select courses throughout the year.

In-Company Training
Save up to 40% – If you have 6 or more people interested in attending, Informa can provide you with a customised training solution that meets the learning and development needs of your team and business.
This training programme can be delivered as in-house training for your staff, anywhere in the region.

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Provider: Informa Middle East

Informa Middle East

Informa Middle East offers a broad selection of open courses and in house training programmes, covering the key professional areas: Finance and Investment, IT and telecommunications, HR, Business Administration, Health & Safety and Marketing. Informa Middle East is part of...


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Informa Middle East

Level 20 in the World Trade Centre Tower,
PO Box 9428
Dubai

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