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If you are part of purchasing, financing or even contracting in an organization then you always have to think of or explain how you would achieve value for money in a contract. TRY HUBSPOT CRM FOR FREE: https://hubspot.sjv.io/c/2734607/1001... All this is assuming you are able to analyse How costs and finance can impact on supply chains What do you know about the financial objective the organization you are dealing with? Do you understand the cost of material, labour and overheads How about working capital, what do you know about that? What if the organization is undertaking a project, how do they fund that? And finally, do you understand the corporate financing decisions We are going to talk about all these and many more SOCIAL LINKS PRACTICE EXERCISE AND VIDEO LESSONS……………………… https://zeritenetwork.com/courses/ MY ONLINE COURSES……………………………………………….. Managing contract risks: https://bit.ly/3IojJnm How to write a business plan and Pitch it: https://bit.ly/3Mg4or5 Commercial Contracting in procurement and supply: https://bit.ly/3TgpJDY SUPPORT THIS CHANNEL……………………………………………. / zeritenetwork CONNECT ON SOCIAL MEDIA……………………………………… Facebook: / zeritenetwork Instagram: / zeritenetwork Twitter: / zeritenetwork LinkedIn: / mosesmanuel TIME STAMPS 00:00 overview 00:40 The financial objectives of different organisations 09:55 The cost of materials, labour and overheads 13:39 Funding working capital MUSIC Dorris Day- Dj Williams Final boss -Myuu Night Run Away - An Jone #cips #procurement #supplychain