IoSCM Level 5 Award, Certificate & Diploma in Managing the ... .pdf · IoSCM Level 5 Award,...
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IoSCM Level 5 Award, Certificate & Diplomain Managing the Supply Chain
4 Copthall house | The Meridian | Station Square | West Mids | CV1 2FL
Demonstration ofCompetenceRouteBy submitting evidence from previous
qualifications or workplace experience
to demonstrate knowledge and
understanding.
Study /DevelopmentRouteTo achieve the requirement by
developing their knowledge through
study options provided and submit
assessments
The level 5 qualifications are designed to develop an in-depth knowledge and understanding of
business as well as the specific aspects of supply chain operations relevant to the individualsí
career from the optional unit selected. The qualification is designed to support those with
experience of management within supply chain operations by developing the skills and knowledge
to enable them to progress to senior management level.
Methods of study
The Institute of Supply Chain Management qualifications can be completed in a flexible manner,
tailored to the needs of the individual studying. Those wishing to complete the qualification can
achieve the required elements through a combination of study/development and demonstration of
competence. When enrolling on one of these qualifications individuals will be provided with a
breakdown of the requirements for the units included or those they have selected. For each
requirement individuals will be given the option to either take the...
DiplomaRequirementsOne compulsory unit,
one elective unit and two
optional units
AwardRequirementsOne compulsory unit
CertificateRequirementsOne compulsory unit,
one elective unit and
one optional unit
IoSCM Level 5 Award, Certificate & Diploma
in Managing the Supply Chain
Compulsory Unit: Business
Understanding the fundamentals of business operations at management level is key to operating a successful
organisation. This unit includes an analysis of strategic development within business including planning techniques
and strategy evaluation. It looks at the importance of building and maintaining collaborative business relationships
through communication and interaction with clients. It addresses how effective and efficient human resource
management contributes to the achievement of organisational goals including employee relations, recruitment,
remuneration and appraisals. The management of business finances is also covered including cash flow
forecasting, costing techniques and the role of managerial accounting in business strategy. Understanding how a
countries legislation impacts on business is also an important consideration. This unit looks at contract law,
legislation in relation to sale of goods, consumer credit and safeguard of debtors. The use of marketing strategies
in business is also addressed looking at traditional and contemporary marketing tools, the use of research in
marketing decision making, the process for new product development and marketing on a global scale.
Certificate/Diploma Compulsory Unit
The following compulsory unit must be completed by students wishing to achieve
the level 5 award, certificate or diploma in Managing the Supply Chain.
Compulsory Unit: Supply Chain
An in-depth knowledge of the factors that contribute to successful supply chain operations is essential for all
managers working within the industry. This unit provides an understanding of how a supply chain can gain
competitive advantage from efficient management and control. It looks at the impact that integration and
harmonisation have on both physical and information flows within supply chain. The potential barriers to effective
operations are discussed as well as the development and application of solutions to improve effectiveness.
Efficient supply chain planning from a strategic and operational perspective is addressed including supply chain
design and planning to meet objectives. The unit also covers the impact of globalisation on supply chain and the
evolution of supply chain operations as a consequence.
Award Compulsory Unit
The following compulsory unit must be completed by students wishing to achieve
the level 5 award, certificate or diploma in Managing the Supply Chain.
Elective Unit : Management
Understanding the principles of leadership and
management is the first step towards achieving
results in business. This unit looks at the
personal and professional skills required for
effective management. It looks at how
management and leadership theory can be
applied within an organisation and methods for
development of leadership skills. It addresses
the topic of how management decision making is
informed by knowledge and information
including typical sources of management
information. Managing and implementing change
within an organisation is also covered including
methods for implementing change, monitoring
impact and overcoming barriers. Understanding
the role of management in establishing risk
management processes is also addressed
looking at criteria used to evaluate risk and
procedures for managing risk within an
organisation.
Elective Unit: International
Trade Management
A sound knowledge of the core components of
international trade management in the context of
an organisations global strategy ensures
effective international operations. This unit
analyses the key features of a successful global
strategy and the impact of external influences. It
discusses strategies for international supply,
corporate management and international
financial management including the assessment
of risk and suitable sources of trade finance. The
factors surrounding the management of multi
currency trading are also addressed.
Elective Unit:
Operations Management
Processes
Understanding the role of operations
management in business ensures the efficiency
of supply chain operations. This unit covers the
roles and responsibilities of operations
managers within business and how effective
operations management supports the
achievement of business objectives. It looks at
the design of operational processes and the
products and services an organisation produces.
The unit develops an understanding of the
correlation between operations management
and strategic planning with consideration for the
links between strategy and operational
performance targets. It addresses how
operations improvement techniques could
enhance competitive advantage in business
including the use of value chains as a platform
for identifying competitive advantage. The unit
also looks at the key challenges for an
organisation including globalisation, corporate
social responsibility and environmental
responsibility.
Certificate/Diploma Elective Units
Students wishing to achieve the level 5 certificate or diploma in Managing the
Supply Chain must complete one of the following elective units.
Elective Unit:
Purchasing Management
Ensuring the effectiveness of purchasing
operations within a business is dependent upon
an understanding of the key roles and focus of
management within purchasing. This unit looks
at the purchasing cycle and the identification of
organisational requirements with consideration
for external market factors that have an impact
on sourcing and procurement. It addresses the
impact of legislation upon the supply chain
function including an analysis of contract law
and the legislation relating to consumer law. An
understanding of the importance of building and
sustaining collaborative working relationships
with suppliers is covered, including methods for
effectively appraising suppliers and the potential
risks and barriers to developing effective
relationships. The unit also addresses how
effective negotiation skills contribute to
successful purchasing management covering
tools and techniques for effective negotiation
and the associated issues to be considered
when negotiating with suppliers.
Elective Unit: Logistics
Understanding the principles behind the logistics
requirements of a supply chain significantly aids
effective planning of supply chain operations.
This unit looks at analysing logistics operations
to meet customer requirements and the changes
and developments to a supply chain that can
have an effect on logistics operations. It
analyses scheduling methodology, planning
processes and tools used and the research
factors and risks that effect scheduling. The unit
addresses the optimisation of logistics
operations including the availability and demand
for resources and factors affecting the use of
resources. It looks at the range of transport
modes and their usage within logistics
operations with consideration for customer
requirements and operational restraints. The use
of technology within logistics is covered as well
as the importance of improving quality in
logistics operations.
Elective Unit: Supply Chain
An in-depth knowledge of the factors that
contribute to successful supply chain operations
is essential for all managers working within the
industry. This unit provides an understanding of
how a supply chain can gain competitive
advantage from efficient management and
control. It looks at the impact that integration and
harmonisation have on both physical and
information flows within supply chain. The
potential barriers to effective operations are
discussed as well as the development and
application of solutions to improve effectiveness.
Efficient supply chain planning from a strategic
and operational perspective is addressed
including supply chain design and planning to
meet objectives. The unit also covers the impact
of globalisation on supply chain and the
evolution of supply chain operations as a
consequence.
Optional Unit:
Production Management
Strong knowledge of the fundamentals of
production planning and management and its
function within a supply chain is an important
factor ensuring products are available in the right
quantities, at the right time. This unit looks at the
components of production planning with a focus
on the production planning cycle. It looks in-
depth at the relationship between production
planning and sales planning and forecasting
including forecasting techniques. It addresses
the terminology associated with Master
Scheduling and basic scheduling concepts
including Rough Cut Capacity Planning (RCCP)
and the function and processing of Bills of
Material (BOM). The unit looks at the way in
which manufacturing and control systems have
developed over time and introduces a variety of
measures to improve production planning
performance.
Optional Unit: Warehousing
Efficient warehousing operations ensure goods
and materials are easily accessible when
required and no unnecessary costs are carried
in this area of the supply chain. This unit looks
in-depth at the role of warehousing in logistics
including warehouse networks and strategies
and the most appropriate processes in order to
plan, organise, direct and control warehouse
operations. It looks at the resource requirements
within warehousing including systems, handling
and storage equipment and layout. It addresses
the concept of inventory and delves into
inventory strategy analysing and evaluating
inventory strategy planning within supply chain
operations. The unit explores the relevant
information applicable within a warehousing
environment including health and safety, license
and permit requirementís and insurance whilst
also looking at issues regarding the storage and
handling of dangerous and hazardous goods.
The importance of technology in warehousing is
also covered looking at the use of technology for
various purposes including upstream warehouse
processes, managing physical operations and
designing operational processes.
Certificate/Diploma Optional Units
Students completing the Level 5 Certificate in Managing the Supply Chain must
complete one of the following optional units.
Students completing the Level 5 Diploma in Managing the Supply Chain must
complete two of the following optional units.
Optional Unit:
Customer Service
The service received by a customer often
determines the willingness of the customer to
purchase again. This unit addresses the
importance of managing customer relationships,
the methods used to do this and ways of
improving service. It looks at how a customer
focussed culture can be generated within an
organisation to provide a seamless service to
customers as well as methods for assessing,
monitoring and improving customer satisfaction
to support this. The importance of effective
management of customer complaints is
discussed including processes for handling
complaints and complaints policies within
organisations. Customer loyalty rewards,
customer care charters and return on investment
through customer service are also explored.
Optional Unit:
Project Management
A sound knowledge and understanding of the
principles and background of project
management develop the skills required to
ensure efficient and successful achievement of
projects. This unit explores project management
procedures including assessment of feasibility,
developing standards for success and post
project evaluations. The purpose of conducting
research and analysing data to fulfil project aims
is addressed including types of research,
methods for evaluating data and appraising the
impact of project recommendations. The unit
covers the monitoring, review and evaluation of
projects including methods to assess project
performance and mediums for disclosing project
results.
Optional Unit:
Quality Management
Quality management is a hugely important
aspect of supply chain operations as it not only
impacts on the efficiency of operations, but also
has a direct impact on operational costs and
customer satisfaction. This unit evaluates the
range of quality management systems
appropriate for use in business and the
advantages for an organisation of having quality
management systems in place. Tools and
techniques for managing quality are addressed
including methods for both controlling and
measuring quality. It explores how quality
management tools and techniques can be used
to improve organisational performance including
self assessment and evaluation, communication
of information and adapting current systems to
enhance service quality.
Optional Unit:
Transport Management
Understanding the nature and purpose of
transport planning and an ability to analyse
demand for transport is key within supply chain
operations. This unit looks at how transport
impacts upon the key components of a supply
chain. It explores how the principles of
sustainability are applied to transport planning
including the relations between transport and
land use from an economic, social, technical,
environmental and developmental perspective.
The stages of transport planning and key
considerations such as access and mobility are
addressed. The current trends and causes for
transport demand are discussed including the
issues which impact on the demand for
transport, comparing and contrasting past trends
to develop the development of strategies based
on these.
Optional Unit: Inventory
Understanding the role of inventory management
in supply chain strategy can contribute to
competitive advantage. This unit looks at the
purpose of inventory including its role within
supply chain strategy, the costs of holding stock
and stockholding strategies for different
organisations. It explores the fixed period and
fixed quantity models of inventory control
including the concepts of Economic Order
Quantity, Average deviation, Fixed Order
Quantity and Safety Stock. It discusses how
modern inventory can improve the performance
of stock systems taking into account the link
between demand, service level and satisfaction.
Procedures for monitoring the performance of
inventory control systems are addressed as well
as developing strategies to increase operational
efficiency and customer service satisfaction using
key performance indicators to measure
performance. The importance of inventory
management to minimise stock levels is also
explored looking at how stocks can be best
allocated within a distribution network and
different models of control system to minimise
stock within a network.
Optional Unit:
Ports and Shipping
Knowledge of ports and shipping operations is
vital to effective operations and the uninterrupted
flow of an international supply chain. This unit
looks at the importance of shipping and
international trade in supply chain operations
including shipping systems, the difference
between tramp and liner markets, the sea
transport system, international trade patterns and
maritime passages. It explores how business
strategy in shipping contributes to growth looking
at corporate, business and financial strategies for
shipping, operational effectiveness and
competitive strategy. Port operations and
effective container terminal management are
discussed focussing on terminal facilities and the
processes and physical flows in the container
transport chain. The concept of agile ports and
the key characteristics of these is addressed as
well as port development, the operating
environment and the evolution of a port.
Optional Unit:
Road Freight Management
Effective management of road transport
operations requires a sound understanding of
specific planning and scheduling considerations
as well as strong performance management
skills. This unit looks at the different types of road
transport, fleet requirements and selection
process and the environmental implications and
control mechanisms relating to road transport. It
addresses the importance of setting standards
and performance measurements considering
vehicle performance, contingency planning,
methods for measuring and reading vehicle
performance and the objectives of basic planned
maintenance. Operational scheduling, quality of
service and security methods associated with
road transport are explored. A focus is put on the
fundamental factors associated with planning and
monitoring operational activity, how quality of
performance is incorporated into operational
scheduling and the security requirements of
vehicles and loads. Route planning conventions
of road transport are also explored taking into
account the development of delivery chains and
distribution channels.
Optional Unit: International
Freight Management
International freight management requires
knowledge of both air and sea freight with an
appreciation for multimodal transportation from
both a localised and globalised perspective. This
unit looks at the documentation associated with
air freight forwarding, cargo procedures and
documentation for transhipment between
gateway airports, conditions of contract and
airway bills. It addresses the use of aircraft unit
load devices and air cargo claims procedures.
Sea freight is explored with a focus on the
handling procedures of the use of cargo gears,
the process of shipping overseas and required
documentation, global commodity classification
systems and the growing inter-change between
nations, regionally and internationally in relation
to international conventions. Multimodal
transport is discussed looking at the potential
offered by new technologies and the
international trading communityís commercial
practices regarding trading terms, letters of
credit, and multimodal transport documents. The
concept of globalisation and global logistics
leaders is also addressed with consideration for
a range of capabilities including process
automation, dynamic routing and variability
management.