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 gives participants a general understanding of a business environment where individuals have to manage budgets or costs or to take responsibility for revenue or expenditure.
This course will help you to grasp basic accounting concepts and effectively apply your analytical skills to interpreting various information embedded within financial statements to make (or provide advisory for) informed decisions.
SMART Finance for Non-Finance Professionals is a two-day workshop which aim to provide learners an overview of the financial knowledge and essentials to assist the managers and executives in their daily activities in apply fundamental financial management knowledge to the business.
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.
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.
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