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Purchasing Fundamentals

Acquire the fundamental skills of the procurement process and develop a comprehensive vision of the Buyer’s role within the Supply Chain.

corso base acquisti, supply chain academy di makeitalia

13/03/2026

START DATE

8 hours

COURSE DURATION

9 – 6

HOURS

06/03/2026

REGISTRATION BY

Hybrid

IN THE CLASSROOM AT VIA JAN PALACH, 55, MODENA | REMOTELY ON MICROSOFT TEAMS

Funding

Courses fundable through Interprofessional Funds

The course can be funded through Funds: please let us know during registration or contact us.

Promotion

−10% on multiple registrations

Applicable for two or more participants from the same company for the same course


Courses are confirmed only upon reaching the minimum number of participants.

Each course adopts the Learning by Doing method, which prioritizes learning through practice.
Who is it for?

The foundations for those working in purchasing and supplier management

  • Buyers
  • Purchasing Department Staff
  • Procurement Specialists
  • Junior Buyers
  • Supplier Management Staff

Prerequisites

There are no necessary prerequisites.
What you will learn

Financial Skills for More Informed Purchasing Decisions

  • You will be able to read and interpret key financial statements.
  • You will be able to analyze an organization’s financial performance using economic and asset indicators.
  • You will be able to evaluate the impact of inventory on business performance.
  • You will be able to support strategic sourcing and procurement management activities through economic and financial data.
  • You will be able to analyze investments and budgeting processes.
  • You will be able to compare alternatives and support strategic decision-making.
Program

Financial analysis and investment evaluation

Module 1 Introduction to Financial Accounting

Overview of general accounting principles and the role of financial information in evaluating business performance.

Module 2 Financial Statements and Reporting Documents

Analysis of key financial statements, with a focus on the balance sheet, income statement, and principles of financial statement preparation.

Module 3 Economic-Financial Analysis

In-depth study of financial statement analysis methodologies, different types of analysis, and indicators used to evaluate business performance.

Module 4 Cash Flow Statement and Reclassification

Study of the cash flow statement and income statement reclassification techniques for a better interpretation of business results.

Module 5 Impact of Inventory on Financial Performance

Analysis of the relationships between inventory, costs, and economic performance, with a focus on management trade-offs and inventory valuation.

Module 6 Budgeting Process and Economic Control

In-depth study of the budgeting process as a planning tool and support for business decisions.

Module 7 Investment Analysis and Costing Methodologies

Investment valuation through economic-financial tools and an introduction to key costing methodologies and Cost-Volume-Profit Analysis.

Module 8 Exercises and operational simulations

Practical application of concepts through real cases, exercises, and simulations aimed at financial analysis and decision support.

Frequently Asked Questions

FAQ

Is the course suitable for those without a financial background?

Yes, the program gradually introduces the fundamental tools for reading and interpreting economic and financial data.

Are topics related to supplier evaluation addressed?

Yes, the course provides useful tools to understand the economic and financial stability of organizations and support sourcing decisions.

Are investment-related topics discussed?

Yes, the program includes investment analysis, budgeting, and key costing methodologies.

Are there practical activities included?

Yes, the course includes practical exercises and simulations to consolidate learned skills.

Request information

Do you want to more effectively evaluate your suppliers’ stability?

Contact us to receive the complete course program and discover how to use balance sheet analysis to support purchasing and supply chain decisions.
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Makeitalia S.r.l. a Socio Unico
Via Jan Palach, 55 41122 Modena
VAT No: 03213690369
Company Register: MO – 368378

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