Procurement and Supply Environments

60 hours

Level 3

CIPS — Chartered Institute of Procurement & Supply

english

Course Overview

Procurement looks different in a hospital, a manufacturer, and a charity. This module covers the external context — public/private/third sectors, economic and political forces, PEST and STEEPLED scanning — and how those forces shape day-to-day procurement decisions. Plus the documentation and policies that govern the function.

What you will learn

Differentiate the procurement function in private, public, and third-sector organizations
Apply PEST and STEEPLED scanning to a real sourcing decision
Choose the right pricing arrangement (fixed, cost-plus, indexed, incentivized) for a given contract
Identify the documentation, delegated authority, and corporate governance rules that constrain procurement choices

Course Details

Core module · 6 credits · Objective Response (OR) exam · 2-hour duration. Gives you the situational awareness procurement professionals need. You'll work through how procurement operates differently in private, public, and not-for-profit organizations; the macro and micro economic factors that shape sourcing decisions; the political, legislative, environmental, ethical, and social criteria that affect every supplier choice; and the policies and procedures that regulate procurement work itself.

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Pricing

Last updated May 17, 2026

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