The purpose of this module is to provide participants with the information and knowledge to appraise the financial situation of the suppliers and then monitor and improve their performance.
DurationThe financial appraisal in the procurement and logistics process is to analyse a supplier’s financial position and determine the level of risk that it would represent to the Organisation - having regard to the contract requirement and value, criticality, and the nature of the market.
The assessment of risk should be based on sound business judgment rather than just the mechanistic application of financial formulae
Objective
The purpose of this module is to provide participants with the information and knowledge to appraise the financial situation of the suppliers and then monitor and improve their performance.
Established in 2010, Corporate Courses in Singapore (CCISG) specialises in providing training services to organisations and individuals in Singapore.
We strive to be recognised by our clients, both organisations and individuals, to be a valuable long-term partner in their professional growth by enabling capabilities, increasing opportunities and continuous professional networking.
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We will build a corporate courses library for different courses, let both organisations and individuals find the target courses easily.
We will cut down all unnecessary operating costs and let both end-user trainer and trainee have the best benefit.
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We provide quality and reliable training services that help professionals, managers, executives (PMEs) and organisations enhance their professional capabilities.
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Developing Our Platform:
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• Enrich the information to fulfill most user's requirement
There is a greater need to understand financial information, particularly the balance sheet, profit and loss account and cash flow statement as companies strive to enhance their shareholder value.
Many managers and executives have the responsibility of preparing a budget and also monitoring and managing the financial information for their team or department.
This one-day workshop is prepared to explain how financial methods of corporate performance are calculated and used to assess credit worthiness of a business.
This course will provide participants with a detailed understanding of basic concepts and definitions to enable them to read and understand finance related documents and their implications in day-to-day workings.
This is a 3-day course designed for anyone with no prior experience in finance. The course provides a structured approach to understanding financial statements.
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