Financial & Economic Supplier Evaluation

Location
UAE, Dubai
Dates
Dates flexible
Course Type
Professional Training Course
Accreditation
Yes (Details)
Language
English
Course Fee
$4,000

Course Overview

Learning Objectives:

The aim of this course is to provide knowledge and operative tools on financial and economic evaluation of suppliers/contractors. Starting from a general framework on relationships with suppliers the module will go in depth in analysing balance sheet information in order to understand economic and financial supplier profile. Models for evaluating the complementary competitive supplier profile will be provided too. Participants will continuously be involved with cases and simulations.

Who should take this course

The course is addressed to all individuals more or less directly involved in transactions relating to the provision of products goods services and therefore more specifically to those who operate within the area ofprocurement logistics investments management control legal and contracts department of the supply chain and who wish to learn update logics regarding methods and techniques to be used in the evaluation of providers reliability; this can be checked within related companies and groups from a financial and economic point ofview and not only by reviewing performances connected to the different characteristics of the product goodand service purchased.

Accreditation

CPD

Course content

Day 1 - Supplier relationship management:

  • Supplier classification and supply strategy
  • Criteria for supplier selection
  • Risk profile and evaluation.

Day 2 - Analysis of the economic and financial profile:

  • Economic and Financial Business Management
  • Balance sheet information

Day 3 - Income statement information:

  • Fund flow statement and reclassification
  • Fund flow statement analysis

Day 4 - Balance sheet reclassification:

  • Ratio analysis and Consolidate Balance sheet.
  • Liquidity and cash flow Indicator
  • Profitability indicators
  • Others financial indicators.

Day 5 - Consolidated Balance Sheet and Vendor Rating:

  • Consolidated Balance sheet
  • Evaluation procedure Vendor Rating.

About Course Provider

London Training for Excellence offer a wide range of training courses in London for organisations and individuals who wish to advance their skills and knowledge in the business world. With a great training centre in London, London TFE have everything that is needed to understand the basic needs of a business. Each course focuses on the ‘real-life’ issues a business could face and how to tackle them with ease.

London TFE have a team of enthusiastic leaders and instructors who share a passion for education and want to deliver that same passion to every individual who wish to take a business to succession. Each training courses London encourages individual to aim high and reach their full potential.

How to enroll?

Provide us with your contact details, course provider will get back to you.

A representative from London Training for Excellence will contact you soon.