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Finance for Procurement Officers

  • 5 CPD Hours Apex Building, Blackthorn Road Sandyford Business District D18 (map)

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.

Course Content 

  • 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. 

Certification

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. 

Cost

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.

Earlier Event: December 17
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Later Event: January 9
Negotiation Skills