The world of procurement is constantly evolving, demanding professionals with the right skills and knowledge.
Whether you’re just starting your journey or a seasoned pro looking to level up, choosing the right training path is crucial. Moreover, two popular options often considered are the MCIPS qualification from the Chartered Institute of Procurement & Supply (CIPS) and the Procurement Track offered by SCMDOJO.
However, which one is the best fit for you? Let’s break down the key differences to help you decide.
MCIPS: The Gold Standard in Procurement Qualifications
MCIPS is a globally recognized professional qualification that signifies a deep understanding of procurement and supply management. It’s a structured program with defined levels that culminate in a prestigious certification. Think of it as the gold standard for procurement professionals.
- Comprehensive Curriculum: MCIPS covers a broad spectrum of topics, from procurement principles and strategies to contract management, negotiation, and ethical considerations. It provides a holistic view of the procurement landscape.
- Formal Structure: The program follows a structured learning path with defined levels and assessments, providing a clear roadmap for professional development.
- Global Recognition: MCIPS is highly valued by employers worldwide, particularly in larger organizations and those that prioritize formal qualifications. It can open doors to career advancement and leadership roles.
SCMDOJO Procurement Track: Practical Skills for the Modern Professional
SCMDOJO’s Procurement Track takes a different approach. Moreover, it focuses on practical skills and knowledge that can be applied immediately. However, it’s designed to equip professionals with the tools they need to succeed in today’s dynamic procurement environment.
- Targeted Learning: SCMDOJO offers a range of courses and learning paths focusing on specific procurement areas, such as e-auctions, contract negotiation, cost optimization, and supply chain resilience. This allows you to tailor your
learning to your particular needs.
- Flexible and Accessible: The platform offers self-paced learning, allowing you to study at your convenience. This flexibility is ideal for busy professionals.
- Real-World Focus: SCMDOJO courses often incorporate real-world case studies, expert interviews, and practical exercises, ensuring that you gain relevant and applicable knowledge.
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MCIPS vs. SCMDOJO: A Head-to-Head Comparison
Features:
To make the decision easier, here’s a table summarizing the key differences:
Feature | SCMDOJO Procurement Track |
MCIPS (CIPS)
|
Type | Formal Qualification with Flexibility |
Formal qualification
|
Focus | Specific procurement skills & topics |
Procurement & supply management principles
|
Content | Practical, real-world application |
Comprehensive, ethical focus
|
Structure | Exam-based, self-paced |
Rigid, exam-based
|
Recognition | Growing recognition for practical skills |
Globally recognized qualification
|
Target Audience | Skill enhancement, practical knowledge seekers |
Career-focused procurement professionals
|
Offerings:
Offerings | SCMDOJO Procurement Track |
MCIPS (CIPS)
|
Number of Hours | 24+ hours |
Not visible on the website
|
Number of Courses | 23 Courses |
The MCIPS qualification is structured in levels, and each level has specific modules or units you need to complete
|
Interactive Learning | Video-based content, self-assessment tools, quizzes, case studies, and hands-on real-life exercises for the practical immersive learning experience. |
Offers a blend of video content, interactive exercises, and assessments
|
Practical Application | Emphasizes practical application through case studies, simulations, and real-world examples. |
Uses case studies, interactive exercises, and tutor support
|
Level of content | Foundation, Intermediate, Advance |
Different levels (Advanced Diploma, Professional Diploma, etc)
|
Depth of Content | Offers a broader curriculum encompassing several procurement topics: contract management, supplier relationship management, ESG, AI in procurement, Purchasing Process, E-Auction, Sourcing, etc. The content focuses on practical skills development and career advancement across various procurement disciplines. |
Specializes in procurement qualifications and professional development. Even at the Diploma level, MCIPS delves into the “why” behind procurement principles, not just the “how.”
|
Target Audience | A great fit for a procurement audience, including procurement specialists, aspiring and current procurement professionals, operations managers, project managers, and those seeking career advancement. The interactive approach caters to learners who want to develop practical skills and gain real-world insights. |
Aspiring and current procurement professionals, managers in related fields, and organizations offer a comprehensive and globally recognized qualification for career advancement.
|
Ebooks |
|
Unavailable |
Best Practices |
Unavailable
|
|
Product Portfolio | – Courses – Videos – Learning Tracks – Professional Certificate – Comprehensive Blogs – Best Practices – Ebooks – Latest industry research and tips – Diagnostics and AI-powered Assessment Tools |
– Courses/ Diplomas
– Tutor Support – CIPS Membership – Study Materials |
Number of Experts | 10 Diversified Experts |
Not visible on the website
|
Expert Offer Services | Yes |
Yes (Limited Information)
|
Avg years of Experience | 22 years |
Not visible on the website
|
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Curriculum: MCIPS vs SCMDOJO Procurement Track
MCIPS
The MCIPS qualification is structured in levels, and each level has specific modules or units you need to complete. Here’s a breakdown:
- Diploma in Procurement and Supply: This level requires you to complete 5 units.
- Advanced Diploma in Procurement and Supply: This level also requires you to complete 5 units (3 core and 2 elective).
- Professional Diploma in Procurement and Supply: This level also requires you to complete 5 units (3 core and 2 elective).
To achieve the full MCIPS qualification, you need to complete all three levels. So, in total, you’ll need to complete 15 units (5 for each level) to earn the MCIPS designation.
Keep in mind that the specific units and their names might change slightly over time as CIPS updates its curriculum to stay relevant to the industry. It’s always a good idea to check the official CIPS website or contact them directly for the most up-to-date information on the qualification structure and required units.
SCMDOJO Procurement Track
The Procurement Track is a comprehensive program that equips individuals with the in-demand skills and expertise to excel in procurement and supply chain management. The curriculum includes a variety of courses on topics such as
- Negotiation Process
- Negotiation Soft Skills
- Contract Management
- Supplier Relationship Management
- Category management
- AI in Procurement
The courses are taught by field experts and designed to be engaging and informative. The Procurement Track also includes several resources, such as ebooks, best practices, and tools, that can help learners further their understanding of procurement. The best practices include:
- Procurement KPIs Dashboard (Excel Template)
- Cost Breakdown Analysis Template
- Indirect Procurement Best Practices Assessment
- Negotiation Tools Excel Template
- Supplier Excellence Manual
Overall, the Procurement Track is a valuable resource for anyone who wants to learn more about procurement and supply chain management.
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Recognition & Career Path: MCIPS vs SCMDOJO Procurement Track
Feature | MCIPS (CIPS) |
SCMDOJO Procurement Track
|
Qualification | Formal, globally recognized qualification |
Certificate of completion for individual courses
|
Industry Recognition | Highly valued by employers, especially large organizations |
Growing recognition for practical skills and expertise
|
Career Path | Leads to senior roles, management positions |
Enhances current role, provides specialized skills
|
Salary Potential | Higher salary potential due to qualification |
Potential for increased earning based on skills
|
See what others are saying! Discover how SCMDOJO has helped businesses and individuals like yours achieve cost savings, increased efficiency, and improved supply chains.
Pricing and Cost: MCIPS vs SCMDOJO Procurement Track
MCIPS Qualification Cost
The cost of the MCIPS qualification is variable and depends on several factors, making it difficult to provide a single, precise figure. Budgeting several thousand pounds is a realistic starting point. Here’s a breakdown of the cost considerations:
- Starting Level: Your entry point into the MCIPS program (Diploma, Advanced Diploma, or Professional Diploma) impacts the number of units required, thus affecting the overall cost.
- Study Method: CIPS offers various learning options (online, classroom-based, blended learning), each with different associated tuition fees.
- CIPS Membership: Active CIPS membership is required, with limited information about the annual fees.
- Exam Fees: Each unit within the MCIPS program has an individual exam fee, typically ranging from £50 ($62) to £100 ($124.25) per unit, depending on the level.
- Study Materials: Costs for study guides, textbooks, online resources, and other learning materials can vary significantly, potentially adding several hundred to over a thousand pounds to the total.
To obtain a personalized and accurate cost estimate:
- Visit the CIPS website: Consult the official CIPS website for the latest information on MCIPS fees and available study options.
- Contact CIPS directly: Reaching out to CIPS directly allows you to discuss your specific circumstances and receive tailored guidance on costs.
- Check with approved study providers: Contacting institutions that offer MCIPS courses will provide detailed pricing for their respective programs.
While the MCIPS qualification represents a considerable financial investment, it’s a globally recognized credential that can significantly improve career prospects and earning potential in the field of procurement and supply chain management.
SCMDOJO Procurement Track Cost
The SCMDOJO Procurement Track offers a comprehensive learning experience for a one-time fee of $1447. This price grants you lifetime access to the entire Procurement Track curriculum, which includes all current and future courses within the track. This means you can learn at your own pace, revisit materials as needed, and benefit from any updates or additions to the track’s content without incurring further costs. Essentially, it’s a single investment for ongoing professional development in procurement.
This one-time purchase model offers several advantages:
- Lifetime Access: Learn and revisit the material whenever you need it, without subscription renewals or recurring fees.
- All Current and Future Courses: Benefit from all existing courses within the Procurement Track, as well as any new courses added in the future, all for the same initial price.
- Flexible Learning: Study at your own pace and schedule, fitting the learning around your work and other commitments.
- Cost-Effective: Compared to some subscription-based learning platforms, the one-time fee can be more economical in the long run, especially if you plan to engage with the material extensively.
Key Difference in User Interface and Experience between MCIPS Qualification and SCMDOJO
While both MCIPS and SCMDOJO aim to enhance procurement expertise, their user interface and experience differ significantly:
MCIPS:
- Traditional and Formal: MCIPS, being a formal qualification, often relies on traditional learning methods. This may involve textbooks, physical study materials, and potentially in-person or online lectures.
- Structured Learning Platform: CIPS likely has a learning management system (LMS) for online resources, but its primary focus is on delivering structured content aligned with the qualification levels.
- Exam-Focused: The user experience is geared towards preparing for formal exams, with resources and tools designed to support exam success.
- Limited Interactivity: Depending on the study method, interaction might be limited to tutors or fellow students in a classroom setting.
SCMDOJO Procurement Track:
- Modern and Digital: SCMDOJO is a fully online platform with a modern, user-friendly interface. It’s designed for self-paced learning and easy navigation.
- Engaging Content: SCMDOJO focuses on practical, real-world content delivered through videos, interactive exercises, downloadable resources, and potentially community forums.
- Flexible and Accessible: The platform allows learners to access materials anytime, anywhere, promoting a flexible and convenient learning experience.
- Practical Application: SCMDOJO emphasizes applying knowledge through case studies, tools, and best practices, offering a more hands-on approach.
Key Differences:
- Learning Environment: MCIPS may involve a mix of physical and digital resources, while SCMDOJO is entirely online.
- Content Delivery: MCIPS focuses on structured content aligned with qualification levels, while SCMDOJO prioritizes practical, engaging, and immediately applicable knowledge.
- Interactivity: MCIPS may have limited interactivity depending on the study method, while SCMDOJO may offer more interactive elements like quizzes, discussions, and community forums.
- Pacing: MCIPS often follows a structured schedule with set deadlines, while SCMDOJO allows for self-paced learning.
Ultimately, the best user interface and experience depend on individual preferences. MCIPS offers a formal, structured approach, while SCMDOJO provides a modern, flexible, and practical online learning experience.
Which Path is Right for You?
The best choice depends on your circumstances, career goals, and learning preferences.
Choose MCIPS if you’re aiming for a formal qualification, want to build a strong foundation in procurement principles, and want to prioritize global recognition. Moreover, this is an excellent option for those looking to develop a long-term career in procurement and aspire to leadership positions.
Choose SCMDOJO Procurement Track if You’re looking to enhance specific skills, prefer a flexible learning environment, and need practical knowledge that you can apply immediately. This is a good option for professionals who want to stay up-to-date with industry trends and gain a competitive edge.
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Conclusion
In some cases, combining MCIPS and SCMDOJO can be a powerful strategy. You could pursue MCIPS for the formal qualification and then supplement your knowledge with SCMDOJO courses to develop specific skills and stay abreast of the latest trends.
Ultimately, the key is to carefully consider your needs and choose the path that aligns best with your professional aspirations. Do your research, explore both options in more detail, and make the choice that empowers you to achieve your goals.