Financial Acumen for Professionals

By the end of the workshop, participants will have the financial expertise necessary to optimise procurement processes, control costs effectively, and align procurement strategies with business financial goals.

•⁠ ⁠⁠Gain a deep understanding of shipyard procurement financials, including budgeting, cost control, financial forecasting, payment terms, payment schedule, cashflow, foreign exchange, and hedging
•⁠ ⁠Analyse procurement-related financial risks and their impact on shipyard operations
•⁠ ⁠⁠Learn how to interpret and utilise financial data to make informed procurement decisions
•⁠ ⁠⁠Conduct a detailed review of procurement cost structures and contract pricing models
•⁠ ⁠⁠Apply financial analysis tools in procurement scenarios specific to shipbuilding and ship repair projects

•⁠ ⁠⁠Looking for a trainer familiar with procurement in shipyard settings
•⁠ ⁠Trainer must be engaging and experienced with real-world financial scenarios in marine or heavy industries