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.
Our Vision:
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.
Our Mission:
We provide quality and reliable training services that help professionals, managers, executives (PMEs) and organisations enhance their professional capabilities.
Our Values:
Developing Our Platform:
• Improve the platform continuously
• Make it transparent and user-friendly to every end-user
• Enrich the information to fulfill most user's requirement
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 practical programme is designed to demystify financial jargon and concepts for non-finance managers. In five days, you will learn how to interpret financial statements and apply that information into your business.
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 3-day course provides non finance professionals working in the industry with an overview of the industry, commercial drivers and specific coverage of the finance and accounting issues directly related to oil and gas organisations.
Increasingly, managers in every functional area need to understand the basic principles of accounting and finance to improve the effectiveness of their operations and strategy. Financial data has to be analysed in order to make calculated business decisions.
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