Level 3, M 3.

The Chartered Institute of Procurement & Supply (CIPS) is a professional body dedicated to advancing standards in procurement and supply. CIPS qualifications are designed to support the structured development of professional knowledge and skills in procurement and supply operations.

Supply Chain Management LLC (SCM by BMS) is an officially approved CIPS Study Centre and CIPS Computer-Based Exam Centre (Centre No. 10007367), providing preparation programmes for CIPS qualifications.

 

Qualification: CIPS Level 3 – Advanced Certificate in Procurement and Supply Operations

Who is it for? Intermediate learners seeking to specialise in procurement and supply and progress to the CIPS Level 4 Diploma.

What will I learn? The application of factual, procedural and theoretical knowledge to procurement and supply activities, including defined but potentially complex tasks, information interpretation and performance review.

Entry requirements: No formal entry requirements.

Full qualification: Four core modules and one of two elective modules, totalling 30 credits.

Assessment format: Objective Response (OR), computer-marked examinations.

Qualification totals: 200 GLH, 90 SSR, 300 TQT and 10 hours of examinations.

L3M3 - Contract Administration
Module overview: This module develops knowledge of contract administration, competitive pricing, commercial negotiations, tendering procedures and contract performance management.

Core Module · 6 Credits · 60 Hours Total Learning Time · Objective Response (OR) Exam: 2 Hours
Course content

1. Commercial contracts and documentation

  • Spot purchases, term contracts and framework agreements
  • Call-off arrangements
  • Specifications, KPIs and contractual terms
  • Pricing schedules and confidentiality agreements
  • Contract formation and registers
  • Business cases for procurement expenditure

2. Competitive pricing and negotiation

  • Comparing quotations and historical prices
  • Competitive pricing approaches
  • Integrative and distributive negotiation
  • Stakeholder influence and sources of conflict
  • Costs, prices, margins and mark-ups

3. Effective tendering

  • Market research and early supplier engagement
  • Invitations to tender and prequalification questionnaires
  • Tender evaluation and acceptance
  • Regulations affecting tendering
  • Transparency, equal treatment and ethical conduct

4. Contract performance management

  • Performance data and reporting
  • KPIs and SMART targets
  • Audits and corrective actions
  • Contractual risk categories
  • Risk registers and mitigation measures

The training schedule will be communicated to you once the group has been formed.

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