Global Standard for Procurement and Supply

Current segment

Level: Professional

Theme: External Environment

Segment 2.5 Contexts of Supply Chain Management

Segment 2.5 Contexts of Supply Chain Management

Knowledge: Will know and understand Capabilities: Will be able to

The impact of social, technical, economic, environmental, political, legislative, ethical and demographic (STEEPLED) criteria on organisations and their supply chains

Identify the potential impact of STEEPLED criteria on the organisation and its supply chain and draw up plans to maximise the benefits and mitigate difficulties

The impact of market change supply cahin shocks and disruption of supply chains

Advise colleagues and other stakeholders on the impact of market change on the supply chain

The main regulations that impact on the employment of people in supply chains such as:

  • Discrimination, equality and diversity
  • Employee redundancy and dismissal
  • Working time and staff payment
  • International labour codes
  • Health and safety at the workplace
  • Minimum/fair wages
  • Modern slavery
  • Other country specific employment issues

Evaluate the effect of impact of the main regulations on the employment of people in supply chains and develop plans to mitigate any potential difficulties caused by regulations

The impact of mergers and acquisitions on supply chains

Evaluate the potential effect of mergers and acquisitions on the organisation's supply chains and develop plans to maximise benefits and minimise disruption

The effect of competition law on supply chains 

Analyse the effect of competition law on the organisation and its supply chains to ensure compliance with competition law 

Regulatory requirements such as price and service controls exercised by industry regulators and international bodies

Evaluate the implications of regulatory requirements such as price and service controls exercised by industry regulators and international bodies

The role of suppliers as key resources for the supply of products and services and for new product development

Establish effective performance objectives by assessing internal and external resources and associated dependencies to create procurement plans for work with suppliers

Knowledge: Will know and understand

The impact of social, technical, economic, environmental, political, legislative, ethical and demographic (STEEPLED) criteria on organisations and their supply chains

Capabilities: Will be able to

Identify the potential impact of STEEPLED criteria on the organisation and its supply chain and draw up plans to maximise the benefits and mitigate difficulties

Knowledge: Will know and understand

The impact of market change supply cahin shocks and disruption of supply chains

Capabilities: Will be able to

Advise colleagues and other stakeholders on the impact of market change on the supply chain

Knowledge: Will know and understand

The main regulations that impact on the employment of people in supply chains such as:

  • Discrimination, equality and diversity
  • Employee redundancy and dismissal
  • Working time and staff payment
  • International labour codes
  • Health and safety at the workplace
  • Minimum/fair wages
  • Modern slavery
  • Other country specific employment issues
Capabilities: Will be able to

Evaluate the effect of impact of the main regulations on the employment of people in supply chains and develop plans to mitigate any potential difficulties caused by regulations

Knowledge: Will know and understand

The impact of mergers and acquisitions on supply chains

Capabilities: Will be able to

Evaluate the potential effect of mergers and acquisitions on the organisation's supply chains and develop plans to maximise benefits and minimise disruption

Knowledge: Will know and understand

The effect of competition law on supply chains 

Capabilities: Will be able to

Analyse the effect of competition law on the organisation and its supply chains to ensure compliance with competition law 

Knowledge: Will know and understand

Regulatory requirements such as price and service controls exercised by industry regulators and international bodies

Capabilities: Will be able to

Evaluate the implications of regulatory requirements such as price and service controls exercised by industry regulators and international bodies

Knowledge: Will know and understand

The role of suppliers as key resources for the supply of products and services and for new product development

Capabilities: Will be able to

Establish effective performance objectives by assessing internal and external resources and associated dependencies to create procurement plans for work with suppliers

This segment was last updated on: 20th May 2021

The Global Standard for Procurement and Supply structure

Released in 2014 the Standard is a competency framework of procurement and supply skills, knowledge and capabilities that can be used by individuals and organisations to identity training and professional development needs at varying levels of competency.

The Global Standard for Procurement and Supply structure
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