Course Duration
This is a 2 day course.
Course Description
This course is aimed at delivery/project team members who are required to analyse financial data during the procurement cycle. The aim of this programme is to provide learners with the knowledge and skills to manage their purchasing and procurement activities more profitably and with a greater degree of financial understanding and confidence.
Learning Outcomes
On completion Learners will be able to:
- Examine how financial performance is analysed (especially external stakeholders) and appreciate the benefits of a structured approach towards financial analysis.
- Analyse a strategic assessment plan for a key supplier using modelling and analytical techniques.
- Analyse how costs and finance can impact on supply chains.
- Analyse and apply financial and performance measures that can affect the supply chain.
- Explain the financial management techniques within procurement – for costing, budgeting and performance analysis – and show how these can be used to the purchaser’s advantage.
- Examine tools, trends and best practice in the financial dimension of purchasing.
Target Audience
For individuals who need to analyse financial data with confidence. This is an intermediate course aimed at delivery/project team members who need to analyse financial data with confidence.