Podcast
Questions and Answers
What is the main purpose of creating a personalized report after the self-assessment?
What is the main purpose of creating a personalized report after the self-assessment?
- To promote procurement roles to stakeholders
- To compare skills against industry experts
- To determine the most popular job roles in procurement
- To help create a learning and development plan (correct)
What does Theme 1 focus on in relation to procurement and supply?
What does Theme 1 focus on in relation to procurement and supply?
- The legal regulations affecting procurement processes
- The position and influence of procurement within organizations (correct)
- The financial benefits of procurement strategies
- The impact of technology on supply chains
Why is it important to promote the sphere of influence of procurement and supply chain personnel?
Why is it important to promote the sphere of influence of procurement and supply chain personnel?
- To help stakeholders understand procurement's role and benefits (correct)
- To minimize the need for external audits
- To standardize procurement practices globally
- To increase individual salaries across the industry
What is one best practice highlighted in the given content for procurement and supply chain functions?
What is one best practice highlighted in the given content for procurement and supply chain functions?
What does self-assessing your level of competency allow you to do?
What does self-assessing your level of competency allow you to do?
What is the primary purpose of the CIPS self-assessment online tool?
What is the primary purpose of the CIPS self-assessment online tool?
Which option correctly describes the first step in the CIPS self-assessment process?
Which option correctly describes the first step in the CIPS self-assessment process?
What is a key benefit of using CIPS self-assessment?
What is a key benefit of using CIPS self-assessment?
What is the significance of the over 40 job profiles created by CIPS?
What is the significance of the over 40 job profiles created by CIPS?
What do participants need to assess first when using the CIPS self-assessment tool?
What do participants need to assess first when using the CIPS self-assessment tool?
How can individuals increase their value to employers according to the CIPS self-assessment?
How can individuals increase their value to employers according to the CIPS self-assessment?
What is the last step in the CIPS assessment process?
What is the last step in the CIPS assessment process?
What type of analysis does the CIPS self-assessment provide?
What type of analysis does the CIPS self-assessment provide?
What is the main purpose of the Standard for organisations?
What is the main purpose of the Standard for organisations?
Which group benefits from measuring procurement teams against the Standard in terms of compliance?
Which group benefits from measuring procurement teams against the Standard in terms of compliance?
How does the Standard assist individuals in their professional development?
How does the Standard assist individuals in their professional development?
What is the significance of the Standard for public sector organisations?
What is the significance of the Standard for public sector organisations?
How many professionals have reportedly used the Standard online for career development?
How many professionals have reportedly used the Standard online for career development?
What aspect of procurement does the Standard help to improve within organisations?
What aspect of procurement does the Standard help to improve within organisations?
Which of the following is NOT mentioned as a key stakeholder concerned with procurement reputation?
Which of the following is NOT mentioned as a key stakeholder concerned with procurement reputation?
What is the primary focus of the Standard in relation to ethical practices?
What is the primary focus of the Standard in relation to ethical practices?
Flashcards
CIPS Standard
CIPS Standard
A framework that defines the knowledge, skills, and behaviors required for procurement professionals at different levels of competency.
Self-Assessment
Self-Assessment
The process of evaluating your current skills and knowledge against the CIPS Standard.
Themes
Themes
Specific areas of expertise within procurement, such as sourcing, contracts, or risk management.
Competency Levels
Competency Levels
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Job Profiles
Job Profiles
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CIPS Online Self-Assessment
CIPS Online Self-Assessment
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Knowledge Gaps
Knowledge Gaps
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Resources and Tools
Resources and Tools
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Influence of Procurement and Supply
Influence of Procurement and Supply
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Promoting Procurement's Influence
Promoting Procurement's Influence
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Good Practices for Recognition
Good Practices for Recognition
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Organizational Recognition
Organizational Recognition
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Sphere of Influence
Sphere of Influence
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How the CIPS Standard benefits private sector organizations
How the CIPS Standard benefits private sector organizations
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How the CIPS Standard benefits public sector organizations
How the CIPS Standard benefits public sector organizations
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How the CIPS Standard benefits individuals
How the CIPS Standard benefits individuals
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CIPS Standard online
CIPS Standard online
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The impact of the CIPS Standard
The impact of the CIPS Standard
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The purpose of identifying individual competency levels in the CIPS Standard
The purpose of identifying individual competency levels in the CIPS Standard
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How the CIPS Standard helps individuals identify development needs
How the CIPS Standard helps individuals identify development needs
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Study Notes
CIPS Global Standard for Procurement and Supply
- The Global Standard for Procurement and Supply is a competency framework
- Developed through consultation with practitioners and academics worldwide
- Aims to remain up-to-date and relevant to the global procurement and supply community
- Helps individuals and teams in organisations to understand good practice and enhance performance
- Includes updates to key terms, references, legislation and other relevant standards from 2021 publication
Benefits of Working with the Standard
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Organisations and individuals can identify and measure their performance levels in procurement and supply
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Enhances organizational performance by:
- Contributing to significant cost savings through team development plans
- Providing cost-effective, targeted training to address gaps
- Reducing staff turnover by building well-trained, motivated teams
- Providing measurable procurement efficiency evidence to senior management and boards
- Influencing ethical practices across the supply chain
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Enhances personal performance by:
- Enabling individuals to identify current competency levels and knowledge gaps, helping plan career development
- Creating and implementing a personal development plan to address recognized gaps
- Providing opportunities for training, mentoring, and job shadowing
- Monitoring progress against the development plan using the Standard as a framework for improvement
Using the Standard
- Identifies performance levels of individuals responsible for procurement, full-time or part-time
- Day-to-day procurement and supply function managers
- Strategic procurement and supply function managers who ensure the function supports organisational goals
- Professionals in roles where procurement is a part of their broader job description (e.g., administration, project support, finance)
Standard Structure
- Five levels of competence (Tactical, Operational, Managerial, Professional, Advanced Professional)
- Four pillars (Infrastructure, Process, Performance, People development)
- Eleven themes within the four pillars, further divided into individual segments of key knowledge and capability.
Standard Online
- Over 75,000 professionals have used the online standard for career development planning.
- Users can select their competency level, choose a theme, select a segment within the theme and review related links to resources and knowledge.
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