Event Details
Financial Analysis
Analyzing financial data, using benchmarking metrics and supply data to understand a supplier’s financial situation and market position, help ensure your organization can develop and execute an appropriate supplier engagement strategy. Learn how to analyze supplier financial health to protect your organization.
Member Price: $395.00
Chapter Meeting
Date
Jan 20-21, 2025
Location
Additional Information
Presenters
Jim Fleming, CPSM, CPSD, is a manager of product development and innovation, as well as a senior instructor at the Institute for Supply Management.
His multifaced role includes, leading development of education and training courses, individual and organizational assessments and corresponding capability models for an AI-based solution, instructing classes and more as a dedicated subject matter expert. He is a Certified Professional in Supply Management® (CPSM®), a Certified Professional in Supplier Diversity® (CPSD®). Prior to ISM, he spent more than 30 years working for Intel Corporation, primarily in supply chain management roles. He retired from Intel in 2014 and pursued his passion for education by joining ISM. Fleming received his bachelor's degree in mechanical engineering technology from Montana State University and several executive education certificates from Columbia University.Description
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.
Class Schedule:
Day 1 - 3:00 pm CT - 7:00 pm CT (4 hours)
Day 2 - 3:00 pm CT - 7:00 pm CT (4 hours)