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 - including costing methods and their application and how an understanding of these can give a buyer a greater understanding when dealing with supplier q...