Supply Chain Finance I

a process where supply chain practitioners records supply chain supplies and demands in terms of financial accounting
3.93 (14 reviews)
Udemy
platform
English
language
Operations
category
instructor
Supply Chain Finance I
40
students
1.5 hours
content
Jul 2022
last update
$19.99
regular price

Why take this course?


Course Title: Supply Chain Finance: The Financial Backbone of Supply Chain Management πŸ“ŠπŸ’°

Course Headline: Master the Art of Aligning Supply Chain Operations with Financial Accounting to Drive Business Value!

Course Description:

Are you a supply chain professional looking to bridge the gap between operational logistics and financial impact? Our comprehensive online course, Supply Chain Finance, is designed to transform your understanding of how supply chain activities directly influence a company's financial statements.

Why Take This Course?

  • Understand Financial Language: Learn to communicate effectively with finance teams using the language of accounting and financial reporting.
  • Control Over Assets: Gain insights into the management of working capital and the significant role supply chain managers play in financial health.
  • Financial Stewardship: Discover how your decisions in the supply chain directly affect a company's balance sheet and income statement, contributing to its overall financial performance.

What You Will Learn:

πŸ“ˆ Financial Impact of Supply Chain Decisions:

  • Understand how transactions such as purchasing raw materials or selling products impact the firm's financial statements.
  • Analyze the financial implications of inventory management, order fulfillment, and supply chain disruptions.

πŸ”– Basic Financial Transactions in Supply Chain:

  • Learn the basics of accounting for supply chain transactions.
  • Trace how these transactions affect both the balance sheet and the income statement.

πŸš€ Articulate Supply Chain Value Financially:

  • Master the ability to articulate the value you add to the firm in financial terms, enhancing your strategic role within the organization.

Course Structure:

  1. Introduction to Supply Chain Finance:

    • The importance of finance in supply chain management 🌐
    • Overview of key financial concepts relevant to supply chain practitioners
  2. Supply Chain Transactions and Financial Recording:

    • Accounting for the purchase of raw materials 🀝
    • Recording sales transactions and revenue recognition πŸ’Έ
    • Managing inventory levels and their impact on financials πŸ“¦
  3. Understanding the Balance Sheet and Income Statement:

    • How supply chain activities affect the balance sheet 🏫
    • The role of supply chain in profitability as reflected in the income statement πŸ’‘
  4. Working Capital Management:

    • Strategies for optimizing working capital to improve liquidity πŸ’§
    • Case studies on effective working capital management in supply chains πŸ“ˆ
  5. Communicating Supply Chain Value Financially:

    • Learning the language of finance to better collaborate with finance teams πŸ—£οΈ
    • Tools and techniques for translating supply chain performance into financial metrics πŸ› οΈ

Course Outcomes:

Upon completing this course, you will be equipped with the knowledge to:

  • Link supply chain activities to financial outcomes.
  • Communicate supply chain impacts in a financially literate manner.
  • Influence the firm's financial health through strategic decision-making in the supply chain.

Get Started Today!

Join this insightful journey into the financial world of supply chain management and transform your career with a newfound ability to align operational excellence with financial mastery. πŸŽ“πŸ’«


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4797018
udemy ID
24/07/2022
course created date
22/08/2022
course indexed date
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