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If You're Struggling To Make Better Procurement Decisions, You Need The Course... |
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FINANCE FOR STRATEGIC PROCUREMENT, PART II |
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3 student reviews
Do you worry that your procurement decisions will be questioned, if not reversed, by senior management?
Whether you are selecting a supplier, negotiating payment terms, comparing lease and buy options, or making other typical
procurement decisions, there are finance-based approaches that CEO's and CFO's will expect you to be following. If you are
unaware of what these principles are, you will have little credibility with management at a minimum or make catastrophic mistakes
in the worst-case scenario.
You can learn how to integrate financial principles into your procurement work and make optimal decisions.
Our highly personal and interactive online class "Finance For Strategic Procurement, Part II" will help you apply to your
procurement decisions the same financial approaches that CFO's will use to evaluate those decisions. As a result, your decisions
will be respected and many potential mistakes will be avoided.
This online class is part of the two-course "Finance For Strategic Procurement" Series.
Part I focuses on understanding financial statements and measuring and communicating a procurement department's contribution
to the organization. Part II focuses on how financial decisions are made and evaluating supplier health. You must
complete Part I to be eligible to enroll in Part II.
In Part II, you will learn how to calculate the financial impact of changed payment terms, plus...
- The financial implications of using P-cards
- How to watch for payment pitfalls, such as those involving approval problems and overpayments
- How purchases are justified by finance executives
- How the time value of money concept should factor into procurement decisions
- How to make repair vs. replace decisions
- How to make lease vs. buy decisions
- How budgeting works for a procurement department's internal customers
- Costing principles that apply to procurement
- How to evaluate suppliers' financial health using comparative financial statements, ratio analysis, and the Altman Z-Score
- Special issues related to publicly-held suppliers
- The importance of audited supplier financial statements, including alternatives to auditing
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Sign Up For This Class or the Two-Class Series |
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Hi. I'm Charles Dominick, the President of Next Level Purchasing. If you choose to improve your workplace performance and enhance your career by taking our online classes, I will make these
three promises to you: |
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CHARLES' THREE PROMISES |
- You will develop
world-class supply
management skills! Each
major technique that you
learn has been used to
deliver measurable
results in the real
world for top-notch
organizations. You'll
learn how to apply these
techniques to deliver
those types of results
to your organization.
- Your online learning
experience will be more
than just interactive -
it will be PERSONAL!
You'll engage in
exercises and quizzes
with immediate feedback
and use our "Ask
Charles!" feature to
send an unlimited number
of instant messages to
me - your SPSM-certified
instructor. I will
personally respond to
your questions by email
within 24 hours.
Sometimes within
minutes! Even on
weekends! You even have
the option of requesting
a FREE "Video Reply From
Charles" delivered to
you by email. It's
personal, face-to-face
instruction whether
you're in the United
States, Europe, Africa,
or anywhere else in the
world!
- You will have FUN!
You'll enjoy a truly
rewarding experience as
the reading material,
audio clips, and
exercises are lively and
entertaining as well as
educational. But don't
just take it from me.
Listen to what Matilde
Waizer, a Purchasing
Manager from Florida,
had to say: "I am really
enjoying the module and
applying the knowledge
acquired. It is fun and
the information is easy
to digest. Thank you!"
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A great thing about this online class is that you are GUARANTEED to be able to apply what you learn to your work. That's right - your
online learning experience is
100% risk-free. If you are not
satisfied for any reason
whatsoever, let us know within
seven days of signing up and you
will get a hassle-free refund.
But you'll undoubtedly be
delighted, just like the thousands of other purchasing professionals we've trained.
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Sign Up For This Class or the Two-Class Series |
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Here's how this online class
works.
Within 24 hours of signing up,
you will receive an email
containing a user name, a
password, and instructions.
After receiving this email, you
will be able to begin the class
immediately!
That's right – you start the
class when YOU want to, not
when a schedule demands that you
start. You don't have to
wait to start transforming
yourself into a world-class
purchasing professional. You
will log into the online
classroom through
NextLevelPurchasing.com and will
be able to access the eight
lessons of the international procurement
course for 60 days.
You can complete the eight
lessons of the course whenever
you want to, as quickly or
deliberately as you would like. There is no specific time that you have to be online. Each lesson takes approximately 30 to 60 minutes to complete. You can stop after doing each lesson or take multiple (or even all) lessons at one time. So for any given time that you choose to log in to the online classroom, you might spend just 30 minutes online (to take just one lesson) or up to eight hours online (if you want to complete the entire class in one sitting). It is all up to you! By participating in these lessons, you will:
- Read powerful,
practical, and
easy-to-understand class
material
- Engage in exciting
hands-on, interactive,
Web-based exercises
- Listen to optional audio
clips of the material
- Watch optional video
summaries of each lesson
- Take quizzes that
provide you with immediate
feedback
- Play a fun mid-term game to reinforce your learning
- Ask questions of our
instructor and get personal
responses quickly
Completing "Finance for Strategic Procurement, Part II" will award you with
8 Continuing Education Hours.* These continuing education hours will satisfy a portion of the SPSM recertification requirements. Click here for more information on SPSM recertification and other continuing education opportunities.
When you complete this
class, you will
receive a Certificate of
Completion!
This full-color
purchasing certificate is
sent to you by postal mail and
is suitable for framing. Here's
what our certificates look like: |
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By completing this course you will also gain access to the Lifetime Purchasing Skills Retention Package, free of charge.
The Lifetime Purchasing Skills Retention Package is designed to support a lifetime return of your training investment through skills-sharpening material and services that are absolutely free. This service is available for every full-length course you complete and includes:
- Monthly retention emails which focus on important course learning objectives
- Access to a Quick Reference Guide which allows you to review key points on demand
- Invitations to quarterly review webinars
Earn an extra reward for yourself, while demonstrating your commitment to having a more rewarding career. Each month, the students completing the highest number of classes will be entered into our monthly "Dedicated Purchasing Student of the Month" drawing in which one lucky, randomly-selected winner will receive a $20 gift card to Amazon.com**! In addition, we will spotlight the winning student on our website here. |
And if you sign up for this
purchasing class on or before
September 30, 2010, you will get all
of these bonuses:
- $5 Amazon.com® gift card**
- FREE extended access to
the class until December 31, 2010 - more than 150% of
the usual amount of time to
access the material and ask
unlimited questions!
- FREE printer-friendly,
PDF version of the class
material!
- FREE Purchasing
Performance Measurement
spreadsheet template!
- FREE access to
educational Web-audio
interviews with supply chain
leaders!
This education and all of these bonuses are yours for only $209 (US)
per student for just Part I or only $359 (US) for the two-class series.
Don't procrastinate and lose out on
all of these bonuses. |
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