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Course overview
The Level 5 Diploma in Procurement Management allows students to develop their skills and knowledge in procurement management to support career development and improve operational efficiency.
This course is suitable for individuals with middle management experience looking to enhance their capabilities, or first-line managers aspiring to move into middle management roles.
Job outcomes
- Procurement Buyer
- Business Manager
- Operations Manager
- Senior Procurement Buyer
- Category Manager
- Procurement Manager
- Sourcing Manager
- Contracts Manager
Recognition
Study method
- Online
- Blended
- In-class
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Duration study load
Students are provided with 18 months of support to complete their course. However, as the course is self-paced, the average completion time is typically 9 to 12 months.
Additionally, students have the flexibility to pause their studies or extend their course duration if needed.
Pathways
- Level 6 Diploma in Strategic Procurement Management
- Level 7 Diploma in Senior Strategic Procurement Management
Course features
- Gain access to a customised learning platform
- Unlimited first-class materials
- Self-assessments available online that shows the results immediately
- Able to take and retake the practise self-tests as many times as you like
- Assigned a Student Support Liaison, who will handle all enquiries and act as your personal mentor upon enrolment
ELCAS funding
If you’ve had a career in the Armed Forces, you will already have a wealth of valuable skills that employers are looking for in their candidates. However, to progress your career outside of the military, you will need to certify these skills with industry-recognised qualifications, and Enhanced Learning Credits can help you to do this.
To be eligible to receive ELC payments, you must have accrued at least six years of military service. You can earn up to three credits, the value of which will depend on the length of your service. Your credits will cover 80% of your course fees, with the remaining 20% being funded by yourself.
Institute of Supply Chain Management is an approved Enhanced Learning Credits (ELC) provider and a signatory of the Armed Forces Covenant.
Our ELC provider number is 9651
Who's it for?
The IoSCM Level 5 Diploma in Procurement Management course is designed for learners who have experience in the procurement industry and want to expand their knowledge further, up to a middle management level. The course is also the perfect choice for individuals who are seeking to certify their skills.
The core unit, Procurement Management, will provide you with a solid understanding of the industry, while the optional units enable you to tailor your globally recognised qualification to match your individual learning objectives.
Delivery
When studying with IoSCM, you will have access to the online learning platform and learning resource centre. The IoSCM learning platform provides you with all your course content, unit information and the option to interact with other learners studying the same course as you. The learning resource centre includes a huge library of resources for you to utilise which will support you throughout your learning.
All courses are studied through online and supported by distance learning, so you can work through your course online at your own pace and utilise the support from the support and education teams as and when required.
Subjects
To achieve the Level 5 Diploma you need to complete a minimum of 40 credits. Every unit has a credit value assigned to it. Your core unit, Procurement Management, provides you with 12 of the credits you need. This means you can select units from the extensive list below to provide you with the remaining 28 credits required to achieve your qualification.
By choosing units that will benefit your current role and develop your skills to the next level, you will have the best possible foundation for success in your ongoing procurement career.
15 Unit Credit Values
The primary purpose of any supply chain is to satisfy customer needs whilst in the process generating profits for itself.
The stages involved within a supply chain are influenced by the needs and wants of the customer(s) and as technology continues to advance with it grows the need for businesses to adapt their way of working, adopt new technologies, and exceed customer expectations.
In this unit of study, we examine how supply chains are upgrading in preparation for the next generation of innovation. Upon completion of this unit learners will have:
- Capabilities of a modern supply chain
- Effective logistics operations management
- The impact of Industry 4.0 on the supply chain
- How to harness new technologies to advance business operations
12 Unit Credit Values
The student will understand the demand characteristics of sea freight and the part of freight forwarders and ship owners in sea freight movement. You will recognise the factors influencing shipping supply and the requirements for ship registration and classification regulations.
- Understand the principles of sea freight management
- Understand Processes to Monitor and Evaluate the Performance of Contractors
- Understand the role of shipping freight operations
- Understand different financial strategies found within the shipping industry
10 Unit Credit Values
- Explain the different types of road transport
- Explain the fleet requirements and selection processes within an organisation of your choice
- Explain the environmental concerns and control mechanisms related to transport
- Discuss factors that affect vehicle performance
- Explain the method of measuring and reading vehicle performance levels
- Describe how to develop and implement a contingency plan to improve vehicle performance
- Explain the objectives of essential planned maintenance
- Explain how the quality of service is incorporated into operational scheduling
- Describe the security risks related to vehicles and loads
- Discuss the security requirements of vehicles, loads, and individuals
- Describe the factors to be considered when developing a route plan
- Describe how to build a delivery chain and distribution channel
- Describe the characteristics and relevance of establishing good distribution channels
- Explain the role of governance within the conventions of road transport planning
- Describe suitable methods of performance management and managing performance
- Describe the personal and professional skills required for effective management
- Discuss how different leadership styles impact the achievement of objectives
- Analyse different motivational approaches that can be used within the workplace
- Describe effective communication methods and the barriers that might exist
- Describe why successful decision-making requires effective communication
10 Unit Credit Values
The main purpose of quality management is to ensure that an organisation, product or service is consistent and meets expectations. Quality management is focused not only on product and service quality, but also on the means to achieve it. Quality Management is the act of overseeing all activities and tasks that must be accomplished to maintain a desired level of excellence. Within the quality management course, a learner will gain an understanding of:
- What is Quality
- What is Quality Management
- Quality Management Systems
- Explanation of ISO 9000, TQM, EFQM Excellence Model and Six Sigma.
- Quality Management tools, methods and processes (7 wastes, balanced scorecard, SPC, 5 Whys, FMEA, TPM, Kaizen, JIT, PDCA, 5S and OEE)
12 Unit Credit Values
You will discuss the association between leadership and management and describe the personal and professional skills required for effective management.
A description of the information and communication technologies systems that support management decision-making is provided, and there will be a discussion for the reasons for change within an organisation.
- Understand the principles of leadership and management and personal development as a manager.
- Understand how to manage and lead individuals and teams whilst also meeting the expectations of internal and external stakeholders
- Understand how management decision-making is informed by knowledge and information.
- Understand the role a manager can play in managing change, projects and risk assessment in an organisation.
12 Unit Credit Values
Manufacturing operations management refers to the tools and methods to optimise production. This includes managing business resources such as people, technology, equipment, and other resources that improve the efficiency and productivity of the manufacturer.
Operations Management strives towards Operational Excellence, where the workplace philosophy focuses on teamwork, leadership, and problem-solving all of which result in continuous improvement within a business, ultimately delivering additional value to the end customer.
Upon completion of this unit the Learner will gain an understanding of:
- The role of operations and operations management within the business
- The design of operations processes as well as the design of the products and services that organisations produce
- The correlation between operations management and strategic planning
- How operations improvement techniques could enhance competitive advantage in business
About Institute of Supply Chain Management
Bringing together a dynamic mix of world-class study materials, expert knowledge and a sound understanding of today’s industry demands, IoSCM is actively creating the most impressive talent throughout the UK, Europe, Middle-East and Asia by training them to our exceptional standards.
As the first institute to represent the wider supply chain, we’re trusted by some of the world’s largest corporations to train and educate their workforce. IoSCM understands the industry and the need for highly-skilled, qualified professionals which is why we developed sector specific qualifications that will help upskill employees, evolve businesses and enhance careers.
Our success is a result of our dedication to education and training. We believe in giving every student much more than just a qualification, we provide the opportunity to grow, learn and progress as a professional with our unrivalled support network.
