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CIPS CIPS Level 5 Advanced Diploma in Procurement and Supply L5M5

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Exam Code:L5M5

Exam Name:Managing Ethical Procurement and Supply

Q&A:120 Q&As

Updated: 04-27-2024

Number:

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Managing Ethical Procurement and Supply L5M5 Exam Module purpose

This module teaches learners about the impact of sustainability and ethical practices in procurement and supply, as well as managerial approaches to promote them.

Managing Ethical Procurement and Supply L5M5 Exam Module aim(s)

This module is designed to provide managers responsible for procurement and supply with an understanding of the ethical and sustainability challenges associated with global sourcing and the impact on the supply chain. The module also covers initiatives to improve practice and ensure compliance with international standards in ethical and sustainable procurement and supply chain management.

Managing Ethical Procurement and Supply L5M5 Exam Next steps

Joining CIPS means joining the largest institute for procurement and supply professionals. Become a member and book your examinations online.

Managing Ethical Procurement and Supply L5M5 Learning outcomes

1.0 Understand the impact of ethics and sustainability in supply chains

1.1 Analyse the implications of ethics and sustainability in supply chains

1.2 Contrast the drivers of globalisation in supply chains

1.3 Differentiate between the cultural and social issues in supply chains

1.4 Contrast the potential conflicts that may arise between the needs of stakeholders in supply chains

2.0 Understand the importance of compliance with standards to achieve ethical and sustainable supply chains

2.1 Contrast levels of complexity in supply chains and how they impact on compliance with standards for ethics and sustainability

2.2 Evaluate how contractual terms can support compliance with standards for sustainability in supply chains

2.3 Evaluate the use of third party organisations to promote compliance with standards for sustainability in supply chains

2.4 Critically assess how relationships with suppliers should deal with infringements of standards for sustainability

3.0 Understand initiatives and standards to improve ethical and sustainable practices in procurement and supply

3.1 Assess how the use of labour codes can help achieve ethical and sustainable supply chains

3.2 Analyse how the standards on environmental purchasing can help to achieve ethical and sustainable supply chains

3.3 Analyse how standards can achieve improved fairtrade

3.4 Examine approaches to achieve responsible procurement and help promote ethical and sustainable management

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