Finance for Purchasing Managers - Understanding the Financial Impact of Buying Decisions

Richard France explores four strategic areas of expertise required of a buyer in today's environment: Financial analysis of suppliers - this includes understanding the financial aspects of a buyer's own organisation as well as analysing key suppliers and how to use information to gain a negotiating edge. Pricing, costing and cost modelling - includ

List of contents

I: Financial Analysis of Suppliers; 1: The Role of Finance from a Purchasing Perspective; 2: Types of Organisation, the Main Accounting Statements and their Primary Use; 3: Income Statements; 4: Balance Sheet �€“ Statement of Financial Position; 5: Cash Flow Statements; 6: Interpretation of Accounts; 7: Sources of Information Used in Costing and Negotiation; II: Costing, Pricing and Cost Modelling; 8: Introduction to Costing; 9: Absorption Costing; 10: Activity Based Costing; 11: Costing for Decision Making; 12: Supplier Pricing Options; 13: Cost Modelling; III: Managing Resources; 14: Budgetary Process and Budgetary Control �€“ a Buyer's Perspective �€“ Public Sector Issues; 15: Corporate Planning and Budgetary Control; 16: Managing Finance �€“ Short Term; 17: Managing Finance �€“ Long Term; IV: Long-term Capital and Revenue Purchasing Decisions and Techniques; 18: What is Capital Investment Appraisal?; 19: Steps in Investment Appraisal; 20: Techniques of Appraisal

About the author

Richard France is a Chartered Accountant (FCA) with an MBA and has been in training and consultancy for over 20 years. He has worked in his own company, supplying both financial consultancy and training as well as for PMMS Consulting Group Ltd., a specialist purchasing consultancy, supplying financial training for buyers in large and medium sized organisations. He is currently a senior lecturer at Manchester Metropolitan University.

Summary

Richard France explores four strategic areas of expertise required of a buyer in today's environment: Financial analysis of suppliers - this includes understanding the financial aspects of a buyer's own organisation as well as analysing key suppliers and how to use information to gain a negotiating edge. Pricing, costing and cost modelling - includ

Product details

• Authors: Richard France
• Publisher: Taylor and Francis
• Languages: English
• Product format: Paperback / Softback
• Released: 24.06.2024
• EAN: 9781032838328
• ISBN: 978-1-03-283832-8
• No. of pages: 296
• Weight: 540 g
• Subjects: Social sciences, law, business > Business > Economics; Business & Economics / Investments & Securities / General, BUSINESS & ECONOMICS / Strategic Planning, BUSINESS & ECONOMICS / Purchasing & Buying, business strategy, Purchasing & supply management, Investment & securities, Investment and securities, Purchasing and supply management