Finance for Supply Chain Professionals
Implementation of supply chain is expensive and risky. It requires substantial investment in the areas of finance and human capital with unknown results. Supply chain operations profoundly impact a company’s income and financial statements in various ways; purchasing, sourcing, product design, manufacturing, transportation, logistics, packaging, storage and distributions. Nevertheless, many supply chain professionals have no or little knowledge of how their work contributes to the financial and income statements. Days inventory, days in sales outstanding and days in payable profoundly affect the company’s cash flow.
The purpose of this one-day workshop is to outline how integrated supply chain tools improve the financial health of companies. Fundamentals of supply chain principles have to be firmly in place before any attempts to use expensive information technologies and supply chain tools. Key metrics that contribute to a company’s financial health will be addressed to understand the basics of financial and income ow within and between supply chain partners.
- Fundamentals of supply chain principles
- Common traits for top supply chain performers
- Fundamentals of income statements
- Profitability: Return on investment, return on asset and economic profit
- Return on equity
- Flow of financial information within supply chain networks n Days in inventory
|Course Title||Dates||Where to Register|
|Finance for Supply Chain Managers||August 25, 2016||Register Here|
|Finance for Supply Chain Managers||January 26, 2017||Register Here|
* Members of the SLU Center for Supply Chain Management are able to redeem member discounts on program tuition. Please contact the center staff by calling (314) 977-3617 or emailing email@example.com to obtain your discount code.
Please address all questions to the Center for Supply Chain Management:
- Call: (314) 977-3617
- Fax: (314) 977-2068
- Email: firstname.lastname@example.org