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Financial & Economic Supplier Evaluation

Classroom based course with study materials, lecturer support and CPD Hours included

London Training For Excellence

Summary

Price
£4,320 inc VAT
Study method
Online
Duration
5 days · Self-paced
Qualification
No formal qualification
Additional info
  • Tutor is available to students
3 students enquired about this course

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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.

Description

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.

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Legal information

This course is advertised on reed.co.uk by the Course Provider, whose terms and conditions apply. Purchases are made directly from the Course Provider, and as such, content and materials are supplied by the Course Provider directly. Reed is acting as agent and not reseller in relation to this course. Reed's only responsibility is to facilitate your payment for the course. It is your responsibility to review and agree to the Course Provider's terms and conditions and satisfy yourself as to the suitability of the course you intend to purchase. Reed will not have any responsibility for the content of the course and/or associated materials.

FAQs

Study method describes the format in which the course will be delivered. At Reed Courses, courses are delivered in a number of ways, including online courses, where the course content can be accessed online remotely, and classroom courses, where courses are delivered in person at a classroom venue.

CPD stands for Continuing Professional Development. If you work in certain professions or for certain companies, your employer may require you to complete a number of CPD hours or points, per year. You can find a range of CPD courses on Reed Courses, many of which can be completed online.

A regulated qualification is delivered by a learning institution which is regulated by a government body. In England, the government body which regulates courses is Ofqual. Ofqual regulated qualifications sit on the Regulated Qualifications Framework (RQF), which can help students understand how different qualifications in different fields compare to each other. The framework also helps students to understand what qualifications they need to progress towards a higher learning goal, such as a university degree or equivalent higher education award.

An endorsed course is a skills based course which has been checked over and approved by an independent awarding body. Endorsed courses are not regulated so do not result in a qualification - however, the student can usually purchase a certificate showing the awarding body's logo if they wish. Certain awarding bodies - such as Quality Licence Scheme and TQUK - have developed endorsement schemes as a way to help students select the best skills based courses for them.
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