Why Choose this course
Procurement professionals play a crucial role in managing a diverse network of suppliers. Their responsibilities include evaluating suppliers based on financial data, employing various financial performance and efficiency ratios for comprehensive financial appraisals.
Enrolling in this finance course tailored for procurement professionals will equip you with a deep understanding of the financial intricacies within your organization. You will gain valuable insights on how financial information is utilized from a procurement perspective, enabling you to make informed decisions and optimize your procurement processes.
What did other people say?
Excellent Facilitator. She allowed us to be comfortable in taking part in the discussions and she made sure we are on the right track.
Melissa Rhode
Good session, very informative. The facilitator was great!
John November
Excellent course and I would recommend it to others.
Mpho Nxumalo
National Treasury
What does this course cover?
- Introduction to Financial Management
- Financial Statements
- Costing and Pricing
- Sources of Finance
- Principles of Budgeting and Cost Management
- Budgeting and Cost Management inthe Purchasing Function
- Capital Purchasing Methods
- Decision Making with Financial Tools
- Financial Ratios
- Managing Financial Risk in Procurement
Is this course for me?
Career roles we recommend this course for
- Procurement Manager
- Procurement Specialist
- Procurement Analyst
- Strategic Sourcing Manager
- Purchasing Manager
- Category Manager
- Supply Chain Manager
- Contract Manager
- Vendor Manager
- Procurement Officer
- Buying Manager
- Purchasing Agent
- Supplier Relationship Manager
- Materials Manager
- Procurement Coordinator
Your course facilitator
Commerce Edge
Commerce Edge has been a leading provider of World Class Procurement and Supply Chain training since 2001. We have trained hundreds of public and private sector organisations and over 10,000 individuals on various aspects of World Class Procurement, Logistics, Operations and Planning in the context of the wider Supply Chain.
