Both the IIPMR Certified Procurement Professional (CPP) and the CIPS Level 5 Advanced Diploma in Procurement and Supply are respected procurement certifications, but they differ in focus, structure, and industry recognition. Here’s a detailed comparison of the two to help determine which might be better for your goals:
1. Certifying Bodies
IIPMR CPP: Offered by the International Institute for Procurement and Market Research (IIPMR), the CPP certification is recognized worldwide for its emphasis on procurement and supply chain best practices.
CIPS Level 5: Provided by the Chartered Institute of Procurement & Supply (CIPS), an established UK-based organization with global influence, particularly recognized in Europe, the UK, and regions influenced by European standards.
2. Target Audience
IIPMR CPP: Designed for procurement professionals at any career stage, CPP provides foundational and advanced training, covering a wide range of procurement and supply chain topics.
CIPS Level 5: An advanced-level qualification targeting professionals with a foundational knowledge in procurement (typically those who have completed CIPS Level 4 or have equivalent experience), focusing on strategic aspects of procurement and supply management.
3. Course Structure and Content
IIPMR CPP:
Comprehensive approach to procurement, covering market research, sourcing, supplier evaluation, cost management, and risk analysis.
Also includes a focus on supply chain fundamentals, which can be beneficial for a broad perspective on supply chain management.
The structure is flexible, allowing candidates to work at their own pace, with the certification typically requiring less than a year to complete.
CIPS Level 5:
Divided into strategic modules, including categories like managing risks in supply chains, sustainability in procurement, and advanced negotiation techniques.
Requires more in-depth study and has multiple assessments. It often builds on foundational concepts from Level 4 and focuses on higher-level strategic and operational functions.
Usually requires a structured study timeline (often 6-12 months).
4. Global Recognition
IIPMR CPP:
Recognized globally but may have stronger recognition in North America, Asia, and other regions outside Europe.
Known for flexibility and focus on practical skills, making it appealing in regions where hands-on knowledge is prioritized.
CIPS Level 5:
Strongly recognized in the UK, Europe, Australia, and regions with CIPS presence.
Often preferred in industries where CIPS is well established or mandated by employers, making it advantageous in these areas.
5. Cost and Time Investment
IIPMR CPP: Generally has a lower cost and shorter completion time compared to CIPS Level 5, depending on your study pace.
CIPS Level 5: Tends to be more costly due to the structured course material, multiple assessments, and duration required to complete it. It may also involve additional costs for study materials or tuition if taken with a CIPS-approved center.
6. Which One is Better?
IIPMR CPP:
Better for professionals seeking a comprehensive yet flexible certification with broad global recognition.
Useful for those who want a blend of procurement and supply chain knowledge or are in regions where IIPMR is widely accepted.
Beneficial for individuals looking to gain certification quickly and at a lower cost.
CIPS Level 5:
Ideal for professionals who already have a foundation in procurement and want to specialize in strategic, higher-level procurement management.
Particularly advantageous in regions or industries where CIPS is the standard, such as in the UK or Europe.
Suited to individuals willing to invest more time and resources for a structured, globally respected credential in procurement strategy.
Summary
The choice between IIPMR CPP and CIPS Level 5 depends on your career goals, location, industry, and budget. For a strategic, higher-level role within the UK, Europe, or in industries closely aligned with CIPS, Level 5 could offer better opportunities. For broader international recognition, a quicker certification path, or a mix of procurement and supply chain fundamentals, IIPMR CPP may be more advantageous.
