Aerospace and Defence Academy
Strengthening procurement across the aerospace and defence industry.
CIPS Aerospace and Defence Academy is a procurement training programme that operates across the entire sector and is open to companies of all sizes.
A climate of organisational restructuring, strategic defence spending cuts and customers expecting more at lower costs, means that for companies in Aerospace and Defence, having well-trained buyers is a critical success factor. The Aerospace and Defence Academy is a procurement training programme tailored specifically to address the learning and development needs of companies across the entire industry’s supply chain. The CIPS Aerospace and Defence Academy offers a blend of on-line learning, reading materials and tutor support through workshops leading to professional qualifications and MCIPS.
Attracting, developing and retaining talent
Attracting, developing and retaining talent is fundamental to achieving its mission. For many years, CIPS has supported the MOD to do just that, with the relationship strengthening thanks to new educational initiatives developed to suit the organisation’s unique needs.
Why CIPS Aerospace and Defence Academy?
With bigger and fewer products, high capital costs and long-term projects of up to 30 years, a question was asked by the industry, “what is our profile for a buyer of the future?”. It was from answers to this question that the CIPS Aerospace and Defence Academy was born. Through collaborative research CIPS identified the specific skill sets required and designed a training programme to suit a global audience and the varied requirements of companies across the sector.
The Academy improves skills, helps to overcome industry-specific procurement and supply issues and raises performance levels of participating organisations. By serving the entire sector with a single, specialised training programme, the Academy also offers cost-effective training to small firms as well as large, delivering benefits across the whole supply chain.
The benefits
Competitiveness
Encourages positive performance by equipping individuals with the right skill sets
Collaboration
Strengthens relationship between participating companies and gives them the chance to share best practice
Flexibility
Accommodates diverse cultures and languages, including online capability with tutor intervention.
Innovation
Focuses on a ‘get it right first time’ approach, as opposed to learning through mistakes
Efficiency
Reduces time away from the office (20 days down to 6 days per level) and programme management costs
Savings
Academy delegate costs have saved one participating company in excess of £200,000 in the first 2 years.
Reputation
Academy and MCIPS membership demonstrates growth in procurement professionalism and builds reputation
About the Aerospace and Defence industry
The aerospace and defence industry continues to be a growth sector with global revenue of $681 billion in 2011. Current growth is driven largely by increased production of commercial aircraft. The industry is at the cutting edge of design and technology developing lightweight aircraft and fuel-efficient engines with 10% of industry revenue generated by defence electronics. Across its supply chain the aerospace and defence industry employ more than 2 million people worldwide. Two thirds employed in defence and the remaining third in commercial aerospace.
Challenges
- Competition and contraction: putting enormous pressure on sourcing organisations
- Increased pressure: cost-reduction measures, offset agreements, environmental regulations, and foreign currency trading issues
- Value drivers: customers are increasingly looking to their supply chain to deliver affordability, performance, innovation and agility
Procurement training
Explore our wealth of training programmes that will help you develop your teams.
Membership benefits
For all you need, at every step of your career, to help you realise your full potential
Procurement Advisory Services
Take a look at the benefits CIPS Procurement & Supply Services will bring to your organisation