Having a solid understanding of income statements and balance sheets is no longer just the domain of the CFO or controller. All functional leaders,regardless of their area of focus, benefit from understanding these financial tools. Finance and Accounting for the Non-Financial Manager is designed to give you the foundational knowledge and the tools to be a more informed business leader who can weigh financial risks and costs when evaluating strategy and driving new initiatives. Emphasizing the importance of gaining a big-picture perspective by analyzing qualitative questions about a business, the program offers instructional case studies featuring real business scenarios and daily financial practice applications to enhance the learning experience. Throughout the finance and accounting program, participant interaction and discussion lead to a rich classroom experience. In sum, this program provides managers with a better grounding in finance-driven decision-making. The finance and accounting instruments allow participants to better evaluate their firms growth, profitability, investment for the future, and debt exposure.

There is one area of business that every Supply Management Professional wants more information on & understanding of: Finance. This 2-day program provides you all the tools you need to confidently deal with your finance staff. From terminology to best practices to examples to hands-on practice, this course has it all.

-All sessions are designed for multifunctional associates at all levels of the organization. -Deep understanding of the business environment of today and the value chain at all levels. -Leadership at the intersection of People, Technology and Innovation. -Collaboration and global communication models will be incorporated into real time case studies in Supply Chain and Procurement. -Best Practices across the value chain will be translated into leadership action.

With continuous deepening reform of national customs clearance integration, the import & export customs clearance management becomes increasingly professional, elaborate and normative. This requires enterprises to enhance customs clearance ability and related "soft-power". How to make autonomous declaration and pay taxes and fees timely are hot topics among enterprises. Meanwhile, penalties by government and customs inspection are much heavier. Global economy keeps gloom and Sino-us trade frictions continue to escalate.All above will add uncertainty and related operating costs to customs affairs of foreign enterprises. How to adapt to the reforms of China Customs, CIQ and other relevant government departments and how to manage the customs affairs effectively in enterprise business activities? Many multi-national enterprises, especially those who have experienced customs inspection or penalty attach great importance to this questions. Setting in this background, the training will conduct a comprehensive analysis to customs affairs arrangement and operation combined with typical cases. In addition, it will analyze the essence in customs affairs management, scan the blind areas of daily operation, and provide practical and effective customs lean management and cost control optimization strategy.

Manufacturing enterprises are facing many challenges such as low accuracy of demand forecast, uncertainty and changeable customer's requirements, fast updating technology, difficult production planning and inventory control, hard production-marketing Coordination, long supply period, unstable quality, poor cross-functional cooperation which lead to delivery delay, overstock or out of stock. With several case studies and games, this training will help participants to improve their understanding of the importance of coordination, system optimization and resource integration under the supply chain environment, explore how to build an efficient supply chain management system, improve cross-functional collaboration, reduce procurement and logistics costs and improve rapid response capabilities, how to effectively control inventory, speed up inventory turnover, how to determine the economic procurement bulk. Through beer games, participants will explore how to avoid the "bullwhip effect" demand amplification Risks brought by purchasing, how to strengthen the management of supplier delivery, how to implement continuous improvement of warehouse management; how to implement efficient material distribution, how to monitor and evaluate logistics suppliers, prevent logistics outsourcing risks, reduce inventory and improve customer demand rapid response capability.

• What would you choose; solely buy from one or many service suppliers? How do you make purchase for a large service project or IT system? • Do you experience supporting In-direct materials purchase, which the material price is low but always an urgent request and continually giving troubles with quality and delivery? How can you improve the process? • Travel expenses are considerable high cost, how do you manage it reasonably? Would you buy or rent a car for company use? • In-direct buyers always got complained internally, how do you manage with your internal colleagues? • How can you improve the level of the in-direct purchase professionally? What is the measurement/ KPI for a world-class in-direct purchase? General Procurement/ In-direct Material Purchase generally means procurement of non-direct production materials. It is trivial, less systematic, and hard to control and that is why high purchasing costs are formed virtually. In recent years, many companies have paid much more attention on in-direct purchase management. Specialization and systematization are the basic requirements. This course will integrate practical skills and case studies to help attendees make positive contribution to cost reduction and system management of company in a short time.

Reshaping the Value Network: Savings, Innovation & New Non-cost Value to Take the Great Leap Forward

Managing and reducing cost continues to be one of the primary focal points of business and governments today. In many organizations, more than half of the total revenue is spent on goods and services—everything from raw material to overnight mail. Maintaining a competitive position and even survival will depend on the organizations ability to use all of the continuous improvement strategies which have been developed to reduce cost across the entire supply chain for the life of the product or service. Fundamental to developing and implementing these strategies is knowledge of Cost/Price Analysis, Supplier Pricing Models, Economic Price Adjustments, Cost-Volume relationships, and developing “Should Costs for parts and services.

Most organizations sell or use inventory. Often the predictable availability and dependable delivery of this material to the end user is critical to success or even survival of your company. Is it best for your management to control all aspects of acquiring inventory, fulfilling orders and delivering products to your customers? Or should you work with a partner in accomplishing these vital services. In this two-day session, we will discuss and explore: • Identifying your organization's core competencies and what you might consider outsourcing • The difference between a 1PL, 2PL, 3PL, 4PL and 5PL service provider • The possible advantages of outsourcing • The possible disadvantages of outsourcing • The difference between asset-based on non-asset based service providers • How to determine the best service provider to partner with your organization • Making the use of a service provider transparent to your customers • Different ways service providers charge for services and determining what is best in your unique situation • Negotiating a contract with your service provider • Setting goals and standards of service • Monitoring the performance of your program • Deciding when to continue, expand or discontinue a program

Learning Highlights Basic knowledge of the procurement profession The importance of the purchasing department for business operations General operating procedures for purchasing business Knowledge elements of successful procurement professionals Supplier Screening / Supplier Management Negotiation process / basic skills Corporate procurement strategy General assessment criteria for purchasing professionals