Financial & Economic Supplier Evaluation
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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.
Course Objectives
The aim of this course is to
- Provide knowledge and operative tools on financial and economic evaluation of suppliers/contractors.
- Undersatnd the general framework on relationships with suppliers the module.
- Gain in depth in analysing balance sheet information in order to understand economic and financial supplier profile.
- Evaluating competitive supplier profile.
Who Should Attend?
This course is ideal for professionals involved in supplier and contractor evaluation, including:
- Procurement and Purchasing Managers
- Supply Chain and Logistics Professionals
- Investment and Financial Analysts
- Management Control and Risk Assessment Teams
- Legal and Contracts Department Staff
- Professionals in Vendor Management and Supplier Evaluation
- Individuals responsible for assessing provider reliability from a financial and economic standpoint
Course Outline
- Supplier classification and supply strategy
- Key criteria for supplier selection
- Supplier relationship management framework
- Risk profiling and supplier evaluation techniques
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CPD Standards
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ISO 9001:2015
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Thank you for the opportunity for having attended Advanced Skills of the Bid and Tender Management Process from London Training for Excellence. It was a good experience as I find myself with added knowledge so as to contribute I a more quality manner to my com…
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