CIPSMN Inducts 201 Graduate Professionals | Independent Newspapers Limited
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CIPSMN Inducts 201 Graduate Professionals

Posted: May 4, 2016 at 4:50 pm   /   by   /   comments (0)

The Chartered Institute of Purchasing and Supply Management of Nigeria (CIPSMN) has conferred final graduate diploma and awards on deserving
professionals in the procurement and supply chain management programme of the institute.

In his address at the induction ceremony over the weekend in Lagos, Alhaji Muhammed Aliyu, Registrar and CEO, (CIPSMN), explained that the
significance of the institute can best be appreciated by looking closely at the its avowed objectives that are not only central, but of
prime importance when viewed against the backdrop of the over $2.1bn dollars arms procurement scam and other associate corrupt practices
that abound in the country.

According to him, “Even those who believed that procurement was still in its infancy stage or an activity to be dispensed with have within
the past few months learnt a new lesson that one cannot really afford to ignore the procurement function which is currently used as a
conduit pipe by unprofessional handlers.

“Arising from the above therefore, it is clear that efficient procurement management system is the answer to revive the multifaceted economic problems of our country,” he stated. Speaking on the objective of the institute, Alhaji Aliyu said CIPSMN was established to advance professional standards in purchasing, procurement, stores, materials management, warehousing, logistics management and supply chain management in general.

“The bulk of money spent by any nation or organisation whether public or private on management and commercial disciplines nowadays, and this
certainly true for the areas of procurement and supply chain management.

“It acts as the eye and nose and mouth of an organisation in finding new materials on effective substitute materials to replace those in
short supply. It strives to improve operations management of product while relentlessly seeking to reduce the cost of materials and

He added, “Arising from the above therefore, it is clear that efficient procurement management system remains the answer to revive
the multifaceted economic problems facing our country. For any country that intends to be meaningfully operational in the years ahead,
procurement technical ability would seem to be not only crucial, but decisive.”

He advised the new member to be professional in their conducts and desist from corruptible tendencies by being good ambassadors of the
institute. Alhaji Diekola Oyewo, CIPSMN President, in a paper titled, “Supporting the Change Through Professionalism and Ethical Conduct” identified two condition that favour corruption namely; professional incompetence coupled with greed and low ethical standards., saying they should be

To the new members he said, “As professionals you will be entrusted with huge sums of money for making purchases and as a consequence,
there is every likelihood that pressure will be mounted on you by your immediate superior, your colleagues from other functions, the
suppliers etc, to exercise partiality with regards to purchase.

“You as professionals must contend with various suspect of ethical conduct that relates to the procurement rule from differing stand
point,” he stated.