This is the eBook version of the study guide for the core module Procurement and Supply Operations (L2M2) which forms part of the CIPS Level 2 Certificate in Procurement and Supply Operations qualification.
In any organisation, a significant element of the procurement and supply function is based around the contracting process. This module is designed for those involved in the procurement and supply operation who, to ensure success must demonstrate knowledge and comprehension of the associated components and systems that are at their disposal to support the contracting process. They must also know where sources of information on suppliers and customers are and recognise the advantages and disadvantages of pricing methods used for the purchasing of goods or services.