London Training For Excellence Financial & Economic Supplier Evaluation London Training For Excellence
Price: EUR 4,642
Instructor led live virtual classroom online. Classes may be individual or in group.

    Course details

    Overview
    The aim of this course is to provide knowledge and operative tools on financial and economic evaluation of suppliers/contractors. Starting from a general framework on relationships with suppliers the module will go in depth in analysing balance sheet information in order to understand economic and financial supplier profile. Models for evaluating the complementary competitive supplier profile will be provided too. Participants will continuously be involved with cases and simulations.

    Objective
    The aim of this course is to
    • Provide knowledge and operative tools on financial and economic evaluation of suppliers/contractors.
    • Undersatnd the general framework on relationships with suppliers the module.
    • Gain in depth in analysing balance sheet information in order to understand economic and financial supplier profile.
    • Evaluating competitive supplier profile.

    Who Should Attend
    The course is addressed to all individuals, more or less directly involved, in transactions relating to the provisionof products, goods, services and therefore, more specifically, to those who operate within the area ofprocurement, logistics, investments, management control, legal and contracts department of the supply chainand who wish to learn update logics regarding methods and techniques to be used in the evaluation of providersreliability; this can be checked within related companies and groups from a financial and economic point ofview and not only by reviewing performances connected to the different characteristics of the product, goodand service purchased.

    Course Outlines
    Day 1
    • Supplier relationship management:
    • Supplier classification and supply strategy
    • Criteria for supplier selection
    • Risk profile and evaluation.

    Day 2
    • Analysis of the economic and financial profile:
    • Economic and Financial Business Management
    • Balance sheet information

    Day 3
    • Income statement information.
    • Fund flow statement and reclassification:
    • Fund flow statement analysis

    Day 4
    • Balance sheet reclassification.
    • Ratio analysis and Consolidate Balance sheet:
    • Liquidity and cash flow Indicator
    • Profitability indicators
    • Others financial indicators.

    Day 5
    • Consolidated Balance Sheet and Vendor Rating:
    • Consolidated Balance sheet
    • Evaluation procedure
    • Vendor Rating.
    Updated on 20 August, 2024

    Job roles this course is suitable for:

    Procurement specialist , Finance , Buyer , Analyst

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