CIPS L4M7 Whole Life Asset Management

CIPS L4M7 Whole Life Asset Management

This qualification is the essential toolkit for anyone planning a career in procurement and supply. Developed and written using the Procurement and Supply cycle** as it’s focus, it is at the same level as the first year of an undergraduate degree course.

It’s suitable for those in operational roles or those managing or supervising the procurement and supply function who want to develop their career and work towards MCIPS Chartered Procurement and Supply Professional.

You will learn about making procurement and supply happen within an organisation, and you will be equipped with an essential range of knowledge and tools that you can apply immediately in your workplace. Learn how to apply practical, theoretical and technical knowledge, gain a clear understanding of procurement and supply and develop the ability to address complex, non-routine problems.

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 L4M7 Whole Life Asset Management

• Learners who wish to pass the CIPS exams.

• Learners who want to gain confidence in passing the exams

• Anyone who wants to know more about procurement

On completion of this module, learners will be able to explain methods of inventory storage and control and analyse the concept of whole life cost from concept through to disposal.

Diploma in Procurement and Supply

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What you will learn

• LO1 Understand methods for the storage and movement of inventory
• LO2 Understand the key elements of effective inventory control
• LO3 Understand the concept of through life cost

Rating: 3.66667

Level: Intermediate Level

Duration: 118 questions

Instructor: Procurement Study Buddy