INFORMATION

Knowledge Sharing

The purpose of knowledge sharing is to share the best practices and the relevant articles relating to purchasing and supply chain management.

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Global Standard (GS)

Why your programs should be accredited under the Purchasing and Supply Global Standard

Programs meeting the Purchasing and Supply Global Standard have objectively demonstrated their ability to produce graduates who meet a rigorous world standard for procurement professionals.

Recognition means that a program of learning – degree, certification, credential or qualification – has met the comprehensive criteria identified in the Standard. Recognition marks the program as one that equips students and candidates with the knowledge, skills, attributes and characteristics of a purchasing and supply management professional.

Achieving Purchasing and Supply Global Standard recognition means you will be able to refer to this in any marketing and promotional materials. A formal certificate of recognition will be issued, and details of the recognised program will appear on this website. Programs meeting the standard may refer to this in marketing or promotional activities and will need to abide by the style and usage guidelines determined by the Board.

Graduates of your program will have:

• Gained an underpinning knowledge and understanding of the tools, techniques, models and methodologies of purchasing and supply management 
• A clear and comprehensive knowledge, understanding and acumen up, down and across the fields of strategic supply chain management
• Extensive knowledge at a strategic level in purchasing and supply management 
• Applied this knowledge and understanding within a work context – so are well placed to add value to their organisation 
• All of the above achieved to an intellectual equivalence of a first degree level program.
Why is the Global Standard important?
Supply Chain Professionals operate in a global market place but they gain their underpinning knowledge in many different ways using many different methodologies. How do employers know that their prospective employee’s underpinning knowledge is good enough? When a student invests time, effort and money on a program of study in supply chain management, how do they know that it will be relevant to their future needs and valued by employers?
Employers know that their staff have achieved a core level of underpinning knowledge, and that it has been effectively taught and assessed – they have an assurance that the program is of high quality and covers the key underpinning knowledge required of all purchasing and supply professionals.
Students know that the program will teach them what the procurement or supply chain industry knows they need, that they will be taught and assessed properly, and that their qualification will have status around the world.
Program providers know that they are providing what industry wants and have external confirmation that their programs are relevant, effectively taught and assessed and can use the assessment process to ensure they are working to a world standard.
For more information and the benefits of achieving the Global Standard, please contact us.

Programme Accreditation Standard (PAS)

The introduction of the IFPSM Global Standard which has been developed to recognise and accredit full degree equivalent programmes has generated the need to develop a more elementary curriculum assessment which recognises those programmes that train in the fundamentals of procurement and supply.

These programmes are more often than not a number of learning levels below the Global Standard (GS). However, all programmes submitted for assessment to the PAS must meet the requirement of delivering no less than 150 learning hours.

They are primarily vocational/operational in complexion and have significantly less guided learning hours than the GS.

In establishing this more basic level of accreditation, it allows IFPSM to fully accredit a wider range of programmes from introductory certificates, first year foundation degrees, simulated models and also shorter learning and development courses.