Background

Understanding financial statements and key metrics allows supply chain professionals to effectively communicate with finance teams, collaborate on projects, and gain buy-in for their initiatives. Every decision in the supply chain has financial implications. By understanding costs, pricing strategies, and the impact of working capital, supply chain professionals can make data-driven decisions that optimize efficiency and profitability. Finance training equips professionals to analyze financial data and identify areas for cost reduction. This can involve optimizing inventory levels, negotiating better payment terms with suppliers, and exploring cost-saving opportunities throughout the supply chain.

Course Objectives

• To equip participants with a foundational understanding of financial concepts critical for effective supply chain management.
• To equip participants with skills to analyze financial data, assess the financial impact of their decisions, and collaborate effectively with finance teams.

Course Content

• Introduction to Financial Management in Supply Chain
• Financial Statements and Analysis
• Cost Concepts and Analysis
• Capital Budgeting and Investment Analysis
• Working Capital Management
• Supply Chain Financing
• Risk Management and Insurance
• Performance Measurement and Metrics
• Emerging Trends in Supply Chain Finance
• Case Studies

Target Group

• Supply chain professionals (planners, buyers, logistics coordinators)
• Any professional seeking to understand the financial aspects of supply chain management.

NB: Tuition fees cover tuition, training materials, lunch and refreshments only.