Global Standard for Procurement and Supply

Current segment

Level: Advanced Professional

Theme: External Environment

Segment 2.7 Strategy in the Organisation and its Supply Chain

Segment 2.7 Strategy in the Organisation and its Supply Chain

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

The levels of strategy in organisations - corporate, business unit and functional

Contribute to the development and implementation of business and corporate strategies through added value procurement and supply chain management

The layers of the business environment and the impact on the development of strategy

Advise colleagues and other stakeholders on the impact of the business environment on the organisation and its supply chains

The challenges that impact different industries and sectors and the trends in the macro-environment

Evaluate the challenges faced by the organisation and its supply chains taking actions to mitigate risks and to develop opportunities

The impact of changing markets, market volatility and supply chain disruptors on supply chains

Develop approaches to mitigate the impact of changing markets on supply chains and take actions to exploit market opportunities

Cycles of competition and competitive strategies

Critically assess pricing and competitive behaviour undertaken by organisations in the supply chain and take actions to improve or protect the organisation's interests

The segmentation of markets

Develop and implement the alignment of market segmentation undertaken by the organisation with its customers and suppliers

Modelling for the creation of strategic directions

Critically assess the divergence of strategies undertaken by organisations in a supply chain and advise senior managers on strategies that can be adopted by the organisation

Approaches to strategy evaluation

Recommend strategic choices to improve the organisation's short and long term performance

Drivers of globalisation and international strategies

Evaluate opportunities to deploy favourable global strategies

The innovation-entrepreneurship framework and the contributions of supply chain 

Evaluate the value added activities of the organisation's supply chains and take actions to increase value

Methods of pursuing strategies such as:

  • Organic development
  • Strategic alliances
  • Mergers and acquisitions
  • Offshoring/onshoring
  • Out-sourcing/in-sourcing
  • Make vs Buy analysis

Critically assess the developments in strategies adopted by suppliers and advise senior managers on strategy options

The protection of intellectual property in the supply chain

Advise colleagues, suppliers, other stakeholders on issues affecting the supply chain relating to the development and retention of intellectual property rights

The impact of mergers and acquisitions on supply chains

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

The use of business continuity planning to assess financial impact and other risks to mitigate supply chain interruption

Assess suppliers' business continuity plans to mitigate the financial impact and other risks that might be caused by disruption to the organisation's supply chains

Knowledge: Will know and understand

The levels of strategy in organisations - corporate, business unit and functional

Capabilities: Will be able to

Contribute to the development and implementation of business and corporate strategies through added value procurement and supply chain management

Knowledge: Will know and understand

The layers of the business environment and the impact on the development of strategy

Capabilities: Will be able to

Advise colleagues and other stakeholders on the impact of the business environment on the organisation and its supply chains

Knowledge: Will know and understand

The challenges that impact different industries and sectors and the trends in the macro-environment

Capabilities: Will be able to

Evaluate the challenges faced by the organisation and its supply chains taking actions to mitigate risks and to develop opportunities

Knowledge: Will know and understand

The impact of changing markets, market volatility and supply chain disruptors on supply chains

Capabilities: Will be able to

Develop approaches to mitigate the impact of changing markets on supply chains and take actions to exploit market opportunities

Knowledge: Will know and understand

Cycles of competition and competitive strategies

Capabilities: Will be able to

Critically assess pricing and competitive behaviour undertaken by organisations in the supply chain and take actions to improve or protect the organisation's interests

Knowledge: Will know and understand

The segmentation of markets

Capabilities: Will be able to

Develop and implement the alignment of market segmentation undertaken by the organisation with its customers and suppliers

Knowledge: Will know and understand

Modelling for the creation of strategic directions

Capabilities: Will be able to

Critically assess the divergence of strategies undertaken by organisations in a supply chain and advise senior managers on strategies that can be adopted by the organisation

Knowledge: Will know and understand

Approaches to strategy evaluation

Capabilities: Will be able to

Recommend strategic choices to improve the organisation's short and long term performance

Knowledge: Will know and understand

Drivers of globalisation and international strategies

Capabilities: Will be able to

Evaluate opportunities to deploy favourable global strategies

Knowledge: Will know and understand

The innovation-entrepreneurship framework and the contributions of supply chain 

Capabilities: Will be able to

Evaluate the value added activities of the organisation's supply chains and take actions to increase value

Knowledge: Will know and understand

Methods of pursuing strategies such as:

  • Organic development
  • Strategic alliances
  • Mergers and acquisitions
  • Offshoring/onshoring
  • Out-sourcing/in-sourcing
  • Make vs Buy analysis
Capabilities: Will be able to

Critically assess the developments in strategies adopted by suppliers and advise senior managers on strategy options

Knowledge: Will know and understand

The protection of intellectual property in the supply chain

Capabilities: Will be able to

Advise colleagues, suppliers, other stakeholders on issues affecting the supply chain relating to the development and retention of intellectual property rights

Knowledge: Will know and understand

The impact of mergers and acquisitions on supply chains

Capabilities: Will be able to

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

Knowledge: Will know and understand

The use of business continuity planning to assess financial impact and other risks to mitigate supply chain interruption

Capabilities: Will be able to

Assess suppliers' business continuity plans to mitigate the financial impact and other risks that might be caused by disruption to the organisation's supply chains

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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