What You Will Learn:
- Financial Analysis Overview.Understanding the uses of financial analysis in supply management.
- Sources of Data. Identifying sources of data for public and non-public suppliers.
- Profit & Loss Statements. Understanding the framework of P&L statements.
- Balance Sheets. Reading and interpreting a balance sheet.
- Ratio Analysis. Developing a basic understanding of the importance of financial ratios.
- Profitability Ratio Analysis. Practicing calculating profitability ratios and gaining insights into a supplier.
- Efficiency Ratio Analysis. Practicing calculating efficiency ratios and gaining insights into a supplier.
- Action Plan. Using the tools and techniques to achieve a measurable result.
Who Should Attend:
This supply management training is ideal for foundational and proficient level professionals involved in the various aspects of supplier sourcing / health / capabilities. Discovering and leveraging supplier data can improve organizational performance and establish trends for future planning initiatives.
Virtual Class Schedule:
Day 1 - 10:00 am ET - 1:30 pm ET / 7:00 am PT - 10:30 am PT (3.5 hours), Break for Lunch
Day 1 - 2:30 pm ET - 6:00 pm ET / 11:30 am PT - 3:00 pm PT (3.5 hours)