Completing the Chartered Institute of Procurement and Supply (CIPS) Corporate Award or CIPS Qualification Route can lead to various qualifications and levels of recognition within the field of procurement and supply chain management. These pathways offer a structured approach to gaining expertise and achieving professional recognition. Here’s a breakdown of the qualifications associated with each route:
CIPS Corporate Award Route
The CIPS Corporate Award Route is designed for organisations aiming to develop their workforce’s procurement and supply chain capabilities. Completion of this route typically results in tailored in-house programmes and skill development initiatives, often without direct attainment of individual qualifications. Instead, participants receive training, often customised to meet specific organisational objectives and industry needs.
Individuals undergoing the Corporate Award Route may not earn traditional CIPS qualifications directly. However, they benefit from a structured learning experience aligned with their organisation’s strategic goals. The emphasis is more on practical application within the corporate context rather than the acquisition of individual qualifications.
CIPS Qualification Route
The CIPS Qualification Route offers a more traditional path for individuals and organisations seeking global and industry recognised qualifications within the CIPS framework. This route provides a structured learning journey through various levels of qualifications offered by CIPS Professional Body Approved CIPS Study Centres who bring the theory to life through practical application, assignments working examples:
- CIPS L2 Certificate in Procurement and Supply Operations: This entry-level qualification introduces candidates to essential procurement and supply chain concepts.
- CIPS L3 Advanced Certificate in Procurement and Supply Operations: Building upon the foundation of the Certificate level, this qualification delves deeper into procurement processes and procedures.
- CIPS L4 Diploma in Procurement and Supply: This mid-level qualification and highest entry point expands candidates’ knowledge and skills in procurement and supply chain management, covering topics like contract management, supplier relationships, and negotiation.
- CIPS L5 Advanced Diploma in Procurement and Supply: An advanced qualification focusing on strategic aspects of procurement and supply chain management, preparing candidates for higher-level roles and responsibilities.
- CIPS L6 Professional Diploma in Procurement and Supply: the final level of qualification required by those working towards MCIPS Chartered Procurement and Supply Professional Status, focusing on strategic ethical leadership, global communications, and strategic supply chain management and the future challenges of the profession.
MCIPS (Member of the Chartered Institute of Procurement & Supply)
While MCIPS is a membership status, it’s achieved through completing the necessary qualifications, obtaining relevant work experience, and adhering to CIPS’ professional standards and code of conduct.
Completion of each level through the Qualification Route represents a distinct achievement and obtaining levels 4-6 contributes to the overall attainment of MCIPS membership, signifying a professional’s expertise and commitment to procurement and supply chain excellence.
The Corporate Award Route, while not directly tied to individual qualifications, emphasises practical learning and skill development within the corporate context, enhancing participants’ capabilities aligned with organisational objectives.