CIPS Level 4 - Ethical and Responsible Sourcing [L4M4]

When you complete this module, you will be able to explain the options and associated processes available for sourcing with external suppliers. You will also examine the legal and ethical impacts and the implications of sustainability, encompassing economic, environmental, social, and governance factors in the final sourcing decision.In any organisation, a significant element of procurement and supply activity is based on decisions to conduct the activity internally or to source from an external supplier. The selection of the optimal external suppliers is a vital contributor to overall organisational success. This module enables professionals in procurement and supply to formulate sourcing strategies and selection criteria to ensure the organisation makes the best choice of external suppliers. This module explains sourcing options and examines key processes for analysing potential external suppliers to ensure sourcing arrangements meet sustainable, environmental, social, and ethical goals.Did you know: Over 90% of consumers say they would switch brands to one associated with a good cause if price and quality were similar. Major buyers like Unilever and IKEA now evaluate suppliers not only on cost and capability but also on ethical performance — including labour practices, carbon footprint, and community impact.We have a bit of ground to cover, so let's get started.