This CPD course is designed to help those in procurement understand financial tools for effective supplier appraisal as part of due diligence processes. The course will offer delegates a broad understanding of how to successfully assess the financial strengths of potential suppliers, during the tendering/ evaluation stages.
Delegates will learn the key skills to enhance their confidence in interpreting and appraising the financial statements of suppliers, as well as identify relevant information critical to negotiate better contract terms.
Understanding financial integrity in procurement activities
The structure of Financial Statements in the private sector
Assessing Financial Statements using financial ratios
Understanding financial strengths and weaknesses and their impact
Overall financial assessment of a potential supplier
Who Should Attend?
This MasterClass would be of significant interest to all professionals who assess financial opportunities for procurement of work. It would be of benefit to but not limited to Supply chain managers, Procurement managers, senior buyers and contract managers.
On completion you will receive your CMG MasterClass Certificate as well as your CPD Certificate containing 5 Structured CPD Points. Please note certificates are issued only at the close of the training course to participants who complete the full five hours.
This course costs €395 (Early-bird) normal rate is €495. Includes course documentation and light refreshments. While the course fee does not include lunch, we do provide freshly made sandwiches, coffee and a range of teas and fresh juice for those who require a light lunch. Alternatively you can avail of the local food stores and coffee shops opposite the training centre for hot food or alternative lunch options.