CIPS L2M5 Inventory, Logistics and Expediting

About this course

In any organisation, many of the costs are related to the purchases of products and/ or services. Any organisation will also be supplying products and/or services to their customers. This module is designed to provide an overview of the tasks associated with the procurement and supply chain function. It is designed for those who are interested in developing their knowledge of procurement and supply and for those who are new to this field of work. The module serves as the initial study for learners who are embarking on the CIPS Level 2 Certificate in Procurement and Supply Operations. Coverage is focused on introductions to concepts and ideas as well as to the terminology used in procurement and supply.The practice test contains carefully crafted questions and answers based on the content of the study guide - these are not passed questions from real CIPS exams as these are no longer issued by CIPS and would be an infringement of copyright. It serves as a revision.Who this course is for:Learners who are taking the CIPS Exams for L2M5 - Inventory, Logistics and ExpeditingLearners who wish to pass the CIPS exams.Learners who want to gain confidence in passing the examsAnyone who wants to know more about procurementOn completion of this module, learners will be able to identify the key role that inventory has to play and define the principles and processes associated with effective logistics control, explaining how effective expediting can be achieved in procurement and supply.