Critical performance data should be leveraged to ensure supplier selection meets the company’s expectations. Financial analysis of the supplier will allow supply management professionals to gauge the supplier’s current and future risk; efficiency and innovation; and negotiation advantages. Applying eight types of analyses can deliver a solid business case with key stakeholders and maximize relationships with suppliers. The course provides access for 60 days from the date of the purchase.
Member Price: $195.00
1. Reasons to Conduct a Supplier Financial Analysis- Determine the importance of conducting a Supplier Financial Analysis and its multitude of benefits.
2. Learn What Should be Analyzed- Review the three components to consider when conducting a Supplier Financial Analysis.
3. Determine How to Conduct a Financial Analysis – Examine eight financial ratios and the formulas used to generate each ratio. Explore how these ratios provide insight into a firm’s business operations and when the ratios alone are not adequate.