CIPSTamkeenStarts Aug 2, 2026

Advanced Contract and Financial Management

Module

Duration: 50hrs
Level: 05
Language: english
Reference: L5M4

Course Overview

Strategic contract management at the financial level. Covers the KPIs and financial measures used to manage contract performance, the application of strategic sourcing across direct and indirect spend, currency and commodity volatility management, and the financial techniques (WACC, NPV, ROCE, balanced scorecards) used to measure supply chain performance.

What you'll learn

Build a KPI framework that measures cost, quality, delivery, safety, and ESG performance of a strategic supplier
Apply strategic sourcing analysis to a category — including market dynamics, supplier capability, and trade-offs
Use WACC, NPV, IRR, ROCE, and stock turn to evaluate supply chain investment decisions
Manage currency and commodity volatility using spot, forward, futures, and hedging instruments

Syllabus & course details

Core module · 12 credits · Constructed Response (CR) exam · 3-hour duration. The financial-strategic module. You'll cover advanced KPIs for contract performance (cost, quality, delivery, safety, ESG, product development), strategic sourcing for direct and indirect categories with supplier capability assessment, financial techniques affecting supply chains (working capital, WACC, currency volatility, commodity hedging via spot/forward/futures), and the financial and benchmarking measures used to assess supply chain performance over time.