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
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.
This course is an excellent progression after the foundational course on Financial Skills for Non-finance Managers for skills upgrading. This programme emphasises on strategic management, managerial accounting and financial management.
Our comprehensive Finance for Non-Finance Managers course cuts through financial jargon to provide business leaders the concepts and tools to evaluate performance and drive better decisions. Financial literacy is no longer just for finance teams - it's an essential skill for managers.
Many managers and executives have the responsibility of preparing a budget and also monitoring and managing the financial information for their team or department.
Financial statements and accounting will never be a mystery for you ever again. Financial jargon will be demystified and explained in terms a non-finance person can understand. This course has proven itself over the years to guarantee you results in learning.
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