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Certificate in Finance for Procurement Professionals

This course is designed to underline the importance of finance and how it impacts upon supply chains. By nature, it helps enhance the role of supply chain and procurement activities within an organisation. It is essential that all managers develop high levels of professionalism and increase their knowledge base of finance and how it impacts upon competitive advantage. With reference to finance, it is no longer acceptable to hide behind the finance department. As restructuring is leading to separation of both supply and financial activities, it is a prerequisite that professionals can successfully contribute to cross-functional teams and be considered as a knowledgeable and essential partner.

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Course Content

Financial Management Tools
Financial And Non-Financial Factors In Decision-Making
Sources Of Finance Available For Business And Major Capital Acquisitions And Projects
Effective Capital Purchasing Plans
Financial Risk In Procurement

Who Should Attend

Supply Chain Managers, Procurement Managers, Senior Buyers, Contract Managers

Benefits of Attending

1.Understand the scope, methodology and language of the finance function
2.Use financial tools to help you make appropriate buying decisions
3.Select and apply appropriate figures for different purposes, such as appraisal of suppliers, capital projects and decision-making
4.Present yourself and your decisions more credibly to your colleagues

Earn a Certificate

All of our courses come with an official digital certificate issued by the respective course provider, verifying your skills and knowledge while enhancing your professional credentials.
Transform Education Certificate-training

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Transform courses are used by some of the world’s most recognisable companies. Where you see the Transform Quality endorsed stamp, the course meets the highest quality standards expected of a leading UK awarding organisation.