CIPS L4M4 Ethical and Responsible Sourcing

Categories: CIPS L4
Wishlist Share
Share Course
Page Link
Share On Social Media

About Course

Ethical and Responsible Sourcing (L4M4) explains the options and processes for sourcing from external suppliers while examining the impact of sustainability and ethics on sourcing decisions.

What Will You Learn?

  • Differentiate between strategic and tactical sourcing and the "make or buy" decision.
  • Evaluate sourcing arrangements like single, dual, and multiple sourcing.
  • Interpret financial statements to assess the viability and profitability of suppliers.
  • Identify key processes for obtaining and assessing quotations and tenders.

Course Content

CIPS L4M4 LO1 Understand options for sourcing requirements from suppliers

  • The Role of Intracompany Trading
  • Understanding Business Concepts and Procurement Structures
  • Using Supplier Financial Information in Sourcing Decisions (Profit & Loss statement)
  • Using Cash Flow Statements in Supplier Due Diligence
  • Using the Balance Sheet in Supplier Due Diligence

CIPS L4M4 LO2 Understand the key processes that can be applied to the analysis of potential external suppliers

CIPS L4M4 LO3 Understand compliance issues when sourcing from suppliers

First Round Assignment

CIPS L4M4 Mock Questions

Earn a certificate

Add this certificate to your CV to show CIPS commitment and boost career visibility. Share it on LinkedIn.

selected template

Student Ratings & Reviews

No Review Yet
No Review Yet

You cannot copy content of this page

Want to receive push notifications for all major on-site activities?

✕