CIPS: Setting the standard for procurement
The Chartered Institute of Procurement & Supply (CIPS) exists to “promote and develop high standards of professional skill, ability and integrity among all those engaged in purchasing and supply chain management”.
CIPS is a professional body, working with organisations around the world to achieve excellence in both procurement and supply chain management. As a not-for-profit organisation, CIPS reinvests all of its income in advancing global best practice for the public good.
The organisation operates under the mantra “thinking globally, operating locally” and this is evident in the volume of members, partners and people actively engaging with the organisation on a daily basis.
CIPS as a community of over 115,000 people in over 150 companies. The organisation provides support and guidance through 200 study centres, 269 exam centres, 64 branches and networks worldwide all serving well over 360 clients in the public, private and third sectors.
The numbers don’t stop there either, CIPS also holds more than 800 events per year reaching well in advance of 32,000 procurement professionals.
Needless to say, CIPS represents a key player in the global procurement and supply industry.
In 1992, CIPS was awarded a Royal Charter in recognition of the organisation’s leading role in supporting and furthering the interests of the industry. A Royal Charter is only awarded by Her Majesty The Queen to a professional body that demonstrates excellence in certain key areas.
For CIPS, the Royal Charter represented a definition of company objectives that would truly embody everything the organisation stands for.
“To promote and develop for the public benefit the art and science of purchasing and supply and to encourage the promotion and development of improved methods of purchasing and supply in all organisations;
“To promote and maintain for the benefit of the public high standards of professional skill, ability and integrity among all those engaged in purchasing and supply;
“To educate persons engaged in the practice of purchasing and supply and by means of examination and other methods of assessment to test the skill and knowledge of persons desiring to enter the Institute.”
But an objective is all well and good in writing, what does it mean in practice? How will CIPS incorporate this into its offering?
Through the charter, CIPS focuses on how theory and practice of purchase and supply can be improved for the benefit of the public, encourages promotion and development of improved purchasing and supply in all organisations, promote and maintain high standards of professional skill, ability and integrity among professionals, provide tailored educational opportunities and develop a portfolio of rigorous assessments through examination and other methods to test the skill and knowledge of anyone who wishes to join the institute.
Education and assessment is one of the most significant ways in which CIPS serves the industry. The qualifications that professionals can earn through CIPS are designed to meet the highest standards, ensuring that the profession can claim consistently high levels of workforce competence.
CIPS qualifications are governed by the CIPS Awarding Body, which in turn is regulated by Ofqual in England and Northern Ireland. All CIPS qualifications are recognised by the Qualifications and Credit Framework (QCF), or the National Qualifications Framework (NQF).
Despite its UK base and governance, CIPS’ qualifications are recognised all around the world. With more than 200 study centres, professionals can access tuition, study and training programmes from qualified experienced professionals.
Following the completion of the education and training programmes, and through an assessment period, professionals will be recognised as a member of CIPS (MCIPS). Being an MCIPS is recognised globally as the highest standard for those practicing in procurement and supply.
MCIPS certification allows a professional to be recognised for their procurement proficiency, while also giving them a career advantage due to their high standard of work.
For Jo Toon, Principal Category Manager, Ministry of Social Development, Wellington, her MCIPS qualifications have helped her significantly.
“The qualifications have given me the confidence to explain complex procurement issues to both non-procurement and procurement colleagues, the skills to progress in my career and given me the tools and techniques I need to get the best value for money for the organisation that I work for,” she said.
In November, last year, CIPS announced that Sam Walsh would take over as the organisation’s Presidency. Walsh, previously known for his role as CEO of the international mining giant Rio Tinto for 25 years, succeeded the outgoing president Richard Masser.
Walsh will be in post for the next 12 months as he looks to increase the influence of procurement profession all over the world.
“Procurement has always been an area of great interest and importance for me. As CIPS President, I’m hoping to use my profile to raise interest in the profession and increase awareness among company CEOs of the benefits a dependable purchasing organisation can bring,” he said on his announcement.
“In order to effectively tackle challenges in modern supply chains, such as cyber-security and modern slavery, trained purchasing professionals are invaluable,” he said.
Walsh is no stranger to CIPS, he is in fact a fellow of the institute and was awarded the CIPS Supply Management Award for CEO Champion in 2013, so the institution is in good hands.
The CIPS Supply Management Awards are respected as a benchmark for excellence, with over 1000 procurement professionals attending the prestigious awards ceremony each year. The awards celebrate both the individual, the professionals who really drive the supply and procurement industry as well as the businesses. Previous winners have included Primark, in the ‘Best Contribution to Corporate Responsibility” category as well as jaguar Land Rover, Heathrow Airport and the DVLA.
For any organisation, the work an organisation does for the industry goes without saying, but the work that a company does for communities, for charities, that cannot be underestimated. For CIPS it’s no different. The institute runs and operates the CIPS Foundation, a registered charity designed to help anyone, anywhere in the world get into the procurement profession. This specifically relates to those who face challenges, be it through illness, political unrest or even discrimination.
Through the foundation, CIPS donates up to 25 percent of its net surplus to the foundation as well as providing some administrative support. The foundation has helped people from all over the world, ranging from Lincolnshire in the United Kingdom to Kenya in East Africa.
The January issue of Supply Chain Digital is live!
Follow @SupplyChainD on Twitter.
The Ultimate Procurement & Supply Chain Event
From September 28th-30th, network with C-level executives, gain insight from industry pioneers and walk away with actionable insights that accelerate your career. By the end of the week, we promise you’ll have the skills to solve the world’s most pressing supply chain and procurement challenges.
The three-day show is an essential deep dive into the industry, with influential speakers sharing insights and strategies from their organisations, group roundtable discussions, and fireside chats. Whether you attend virtually or in person, you’ll strategise how to cope with global disruption, learn from industry leaders, and walk away with tips, tactics, and tangible connections.
How to Attend
In a COVID-disrupted era, we know that the majority of people would rather avoid travelling for events─why take the risk, right? In response to the continued disruption, BizClik Media Group has decided that Procurement & Supply Chain LIVE will offer the best of both worlds through hybrid accessibility.
That means you and your peers can attend the event in person or virtually ─ with no disadvantages for people who choose not to make the trip to the Tobacco Dock venue.
Procurement & Supply Chain LIVE will be held at the Tobacco Dock in London, an industry-leading venue that is renowned for delivering world-class events. For attendees’ peace of mind, the venue is working to the government-endorsed AEV All Secure Framework, alongside mia’s AIM Secure and ‘Good to Go’ accreditation, they will ensure that we achieve a COVID-secure environment to facilitate all of your networking needs.
Our physical venue is both historic and stunning, but it has no bearing on the information that you and your peers can gain from the event. You can still absorb it all, interact with other attendees, and enjoy the conference experience on your alternative, virtual platform.
The platform will feature live feeds from all of the stages, as well as virtual networking areas. So, if you want to avoid travel, it’s not a problem! You can still get involved and enjoy the entire experience from the comfort of your own home.
What’s on the agenda?
With keynote addresses from global leaders, dynamic roundtable discussions, and extensive networking opportunities, Procurement & Supply Chain 2021 will expand your network, deliver insight, and enhance your organisation’s reach.
Across the three-day event, a number of relevant topics and trends surrounding procurement and supply chain will be discussed.
- Tuesday 28 September - Digital supply chain
- Procurement strategy (11:30 am)
- Supply chain leaders forum (12:00 pm)
- Women in supply chain (14:00 pm)
- Procurement technology (14:30 pm)
- Wednesday 29 September - Procurement consulting
- Sustainability (11:30 am)
- Supply chain management (12:00 pm)
- Digitalisation (14:00 pm)
- Risk & Resilience (14:30 pm)
- Thursday 30 September - APAC sessions (04:00 am)
Influential executives from around the world will give their insights and professional experiences surrounding these topics, allowing you and your company to leave with valuable information.
The past year has shown how important supply chains are and the importance of managing them correctly. With increasing digitalisation across all industries, you won’t want to miss out on our great speakers and information surrounding this topic. Preparing your company for the future is key, and we are sure you will gain great insights at our three-day event.
Order now to make the most of our early-bird offer. Ticket prices increase over 50% soon! For tickets and information, head over to our event site.