Global Standard for Procurement and Supply

Current segment

Level: Managerial

Theme: Position & Influence

Segment 1.5 Developing Supply Chain Management

Segment 1.5 Developing Supply Chain Management

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

Sources of competitive advantage such as low cost, sources of differential advantage such as innovation, product/service range, brand image and customer care

Ensure the procurement and supply function aligns with the achievement of the organisation's sources of competitive advantage

TMethods of value creation that can be achieved from effective supply chain management through:

  • Reducing prices and total costs
  • Improving quality
  • Reducing time to market and achieving deliveries to required timescales
  • Creating innovation
  • Reducing risk and supply chain vulnerability
  • Promoting sustainable procurement

Create and implement plans with stakeholders to increase value from supply chain management

The methods to develop integrated supply chains, supply networks and supply chain management

Liaise with stakeholders to develop supply chains, supply networks and supply chain management

The benefits and risks of using collaborative and competitive strategies for improving supply chain management

Work with stakeholder to develop and implement appropriate strategies and plans for improving supply chain management and promote their use

The main risks that can impact on supply chains and how they can be mitigated

Work with stakeholders to mitigate or manage risks that can impact on supply chains

The importance and application of the standards and legislation that apply to bribery, corruption and fraud in organisations

Work with stakeholders to eliminate bribery, corruption and fraud in supply chains

The effective use of communication technologies to achieve business outcomes

Guide stakeholders to use technologies that help effective communication to support the achievement of supply chain business outcomes

Knowledge: Will know and understand

Sources of competitive advantage such as low cost, sources of differential advantage such as innovation, product/service range, brand image and customer care

Capabilities: Will be able to

Ensure the procurement and supply function aligns with the achievement of the organisation's sources of competitive advantage

Knowledge: Will know and understand

TMethods of value creation that can be achieved from effective supply chain management through:

  • Reducing prices and total costs
  • Improving quality
  • Reducing time to market and achieving deliveries to required timescales
  • Creating innovation
  • Reducing risk and supply chain vulnerability
  • Promoting sustainable procurement
Capabilities: Will be able to

Create and implement plans with stakeholders to increase value from supply chain management

Knowledge: Will know and understand

The methods to develop integrated supply chains, supply networks and supply chain management

Capabilities: Will be able to

Liaise with stakeholders to develop supply chains, supply networks and supply chain management

Knowledge: Will know and understand

The benefits and risks of using collaborative and competitive strategies for improving supply chain management

Capabilities: Will be able to

Work with stakeholder to develop and implement appropriate strategies and plans for improving supply chain management and promote their use

Knowledge: Will know and understand

The main risks that can impact on supply chains and how they can be mitigated

Capabilities: Will be able to

Work with stakeholders to mitigate or manage risks that can impact on supply chains

Knowledge: Will know and understand

The importance and application of the standards and legislation that apply to bribery, corruption and fraud in organisations

Capabilities: Will be able to

Work with stakeholders to eliminate bribery, corruption and fraud in supply chains

Knowledge: Will know and understand

The effective use of communication technologies to achieve business outcomes

Capabilities: Will be able to

Guide stakeholders to use technologies that help effective communication to support the achievement of supply chain business outcomes

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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