Cash Flow Boosting Supplier Management Strategies

This "Cash Flow Boosting Supplier Management Strategies" course is designed to help you improve your cash flow and increase profitability for your business?

This transformative course has been meticulously crafted to equip you with invaluable insights and techniques that will revolutionize your business's financial success.

What Will You Learn?

You'll be guided step-by-step, learning powerful strategies, best practices and negotiation techniques, together with some real-world examples that will empower you to boost profits.

By strengthening and building improved supplier relationships, you'll form closer alliances and gain access to special deals, discounts and payment terms, propelling you towards even greater value creation and growth.

This transformative learning experience will empower you with the knowledge and skills, together with some smart negotiation tactics to increase your cash flow and profitability.

Course Curriculum:

1. Payment Terms: Understand how negotiating more favorable payment terms can free up cash.

2. Payment Options: Explore the range of payment options available to help you identify the best fit for your business.

3. Effects of Changing Payment Terms: See for yourself the transformative power of altering payment terms through a real-world example and learn how this strategy can unlock hidden cash.

4. Optimum Stock Levels: Master the art of calculating your optimal stock levels, unlocking cash trapped in excess inventory and raw materials.

5. Reducing Lead Times: Discover how reducing supplier lead times can free up cash, streamline operations and enhance your overall efficiency.

6. Deposits: Learn why and how to strategically leverage deposits to your advantage in negotiations with your suppliers.

7. Invoice Factoring: Uncover the benefits of working together with your suppliers to implement invoice factoring and gain insights into when and how to explore this option.

8. Product or Service Exclusivity: Understand the power of securing exclusivity rights and how these can generate increased revenue for your business.

9. Where to Focus: Showing you where to focus for the best results.

10. Building Trust: Learn essential techniques to cultivate trust with your suppliers, fostering long-term relationships built on mutual benefit.

11. Negotiation Mastery: Learn the tactics used by skilled negotiators that maximize value and drive successful outcomes.

Meet Your Expert Guide: Justin Duveen CA(SA) 

Led by Justin Duveen, a skilled chartered accountant and financial management expert with over 20 years of experience, this course guarantees to deliver actionable strategies that have proven successful for numerous companies across various industries.

Justin has an impressive track record, having spearheaded cost optimization efforts, business transformations and growth strategies for large, listed companies in the UK, Australia and South Africa. His outstanding performance has earned him prestigious awards in the past, including accolades for best cost saving and best business performance.

Now residing in the beautiful city of Cape Town, Justin is passionate about sharing his expertise and helping you unlock hidden opportunities within your supplier relationships.

Don't miss this opportunity to transform your supplier relationships to drive significant cost savings and increase cash flow.

Get this valuable "Cash Flow Boosting Supplier Management Strategies" course today and begin your journey to increased cash flow and profits.