Practical Guide on Purchasing, Cash Flow and Working Capital Management

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Looking to enhance your skills in purchasing, cash flow, and working capital management? Look no further than the HRDC certified training program offered by Sun Advantage Resources in Malaysia. Our Practical Guide on Purchasing, Cash Flow, and Working Capital Management is designed to provide professionals with the knowledge and tools needed to effectively manage these critical aspects of business operations.

With a focus on practical applications and real-world scenarios, our training program equips participants with the skills to make informed decisions and optimize financial performance. Whether you are a seasoned professional looking to enhance your expertise or a newcomer to the field, our program offers valuable insights and strategies to help you succeed. Request a quote today to learn more about how Sun Advantage Resources can help you take your skills to the next level.
Learning Objectives

1. Understand the importance of effective purchasing strategies in managing costs and maximizing profitability. Participants will learn how to identify cost-saving opportunities, negotiate favorable terms with suppliers, and establish strong vendor relationships to ensure timely delivery of goods and services.

2. Develop a comprehensive understanding of cash flow management techniques to maintain liquidity and support business operations. Participants will learn how to forecast cash inflows and outflows, monitor cash balances, and implement strategies to improve cash flow efficiency, such as managing accounts receivable and payable effectively.

3. Gain insights into working capital management principles to optimize the use of current assets and liabilities. Participants will learn how to calculate key working capital ratios, such as the current ratio and quick ratio, to assess the financial health of the business. They will also explore strategies for managing inventory levels, optimizing accounts receivable and payable cycles, and improving overall working capital efficiency.

Content Delivery Method

Physical, Hybrid

HRD Corp Certified Course

Yes

Duration and Language

1 to 2 days, English

Target Audience

Suitable for all levels of employees

Key Skillset Addressed

1. Financial analysis
2. Budgeting
3. Forecasting