The Chartered Institute of Procurement & Supply (CIPS) is an internationally recognised professional organisation in procurement and supply. CIPS qualifications are designed to develop professional knowledge and competencies, support recognised standards of practice and enhance career development opportunities.
SCM by BMS – Official CIPS Study and Exam Centre
SCM by BMS holds CIPS Approved Study Centre and CIPS Approved Computer-Based Exam Centre status in Azerbaijan.
Our centre provides preparation for CIPS qualifications and access to relevant computer-based examination opportunities.
Your Qualification
The CIPS Level 4 Diploma in Procurement and Supply is a professional qualification designed for individuals seeking to develop their procurement and supply knowledge and skills.
The programme covers the procurement cycle, commercial contracts, supplier sourcing, negotiation, supplier relationships, asset management and the practical application of professional procurement principles.
Level 4 provides a foundation for progression to the CIPS Level 5 Advanced Diploma.
Who Is It For?
This qualification is suitable for individuals planning a career in procurement and supply, professionals working in operational roles, and those supervising or managing procurement activities.
What Will I Learn?
Learners develop the ability to analyse procurement and supply processes, apply practical and theoretical knowledge in the workplace, address complex non-routine problems and evaluate the effectiveness of procurement decisions.
Entry Requirements
According to the CIPS syllabus, applicants should meet one of the following requirements:
A minimum of two A-level qualifications or their international equivalent;
A CIPS Level 3 Advanced Certificate qualification;
Alternatively, at least two years of relevant experience in a business environment.
Credit Values
The Level 4 Diploma consists of eight compulsory core modules totalling 60 credits.
One credit represents 10 hours of total learning time. Individual modules carry either 6 or 12 credits.
Examination Formats
Objective Response (OR): A computer-based examination in which learners select answers from available response options.
Constructed Response (CR): An examination requiring learners to develop written responses, which may include essays or case-study-based answers.
Study Commitments
For the complete Level 4 qualification:
Total Qualification Time (TQT): 600 hours
Guided Learning Hours (GLH): 250 hours
Self-Study Requirement (SSR): At least 335 hours recommended
Total Exam Time: 15 hours
These figures apply to the full Level 4 qualification rather than to each individual module.
Core Module · 6 Credits · 60 Hours Total Learning Time · Objective Response (OR) Exam: 1.5 Hours
L4M7 — Whole-Life Asset Management
About the Module
This module covers inventory storage, warehouse operations, inventory control and the evaluation of total asset costs from acquisition through operation to end-of-life disposal.
Course Content
1. Storage and Movement of Inventory
1.1. Warehouse organisation
Warehouse location
Warehouse design and layout
Efficient space utilisation
Material flow and flexibility
1.2. Product coding
Product coding systems
Barcodes and QR codes
Order tracking
RFID technologies
1.3. Warehouse equipment
Materials handling equipment
Palletisation
Containerisation
Warehouse automation
2. Inventory Management
2.1. Inventory categories
Raw materials and finished goods
Work in progress
Safety stock
Obsolete and redundant inventory
ABC classification
2.2. Inventory costs
Acquisition costs
Holding costs
Stockout costs
Cost reduction and service levels
2.3. Inventory control methods
Demand forecasting
Reorder levels and quantities
MRP II and ERP systems
Just-in-Time (JIT)
Inventory optimisation
Stock turnover and service indicators
3. Whole-Life Costing
3.1. Cost components
Purchase price
Hire and leasing
Acquisition and operating costs
Maintenance
Utilities and training
Disposal and decommissioning
3.2. Whole-life cost models
Purpose of asset management
Cost and risk assessment
Stakeholder requirements
3.3. Sustainable asset management
People, Planet, Profit
Environmental impacts
Waste management
Packaging
Decommissioning
Recycling and closed-loop solutions
Learning Outcomes
Learners develop the ability to compare inventory management methods, evaluate warehousing practices and analyse asset costs throughout their life cycle.
