Supply Chain Management for Finance Professionals
Supply chain management can make or break a business endeavour. To operate effectively and efficiently, an organisation needs to have the right inputs at the right time. Issues at any stage of the supply chain can have serious downstream effects on production. As such, managing quality, supplier relationships and workflows is an absolute must!
While you may not be involved directly in managing supply chains as a financial professional, it’s still vital that you have a strong grasp of how this is done so that you can tailor the financial insights and support you may provide to the teams involved. By understanding the processes that allow the organisation to create value, as well as how the organisation interacts with upstream suppliers and downstream buyers, you can support decisions on how to improve efficiency and create further value through the organisation’s operations. This improved support is vital for the organisation to flourish in the long term.
This course is designed for finance professionals to expand their understanding of this vital area of the business to better support it from a financial perspective.
Provides 8 hours of CPD
- Porter’s Value Chain and how this model can be used to identify activities that could be improved to maximise the value of output and boost profit margins
- Cousins’ Strategic Supply Wheel, a model which outlines the key components of a successful supply strategy that you should be aware of when tailoring financial insights
- The common approaches and strategies to procurement so that you understand its importance and requirements in different organisations
- Why collaborative supply networks are becoming more widespread and how they can offer a competitive advantage
- Total Quality Management for making quality a key strategic focus and an area for continuous improvement
- Approaches for streamlining production, including lean production, process design, capacity control and Just-in-Time
- How the finance function supports supply chain management so that you understand your role as a finance professional in this vital area
Additionally, we’ve provided a series of practice questions that will cement your knowledge of supply chain management. All of this aims to broaden your knowledge of how supply chains can be optimised for success.
What’s included in the course?
Videos
- Thoroughly explores the concepts, theories and models for this topic
- The content is professionally explained by our expert tutors alongside a visual presentation
- Come with downloadable audio files so you can listen to the content offline and on the go
Handbooks
- Full coverage of the video content using engaging and easy-to-follow language
- A range of examples to show you how these concepts might apply to real-life situations, e.g. in finance
- A practical exercise for each module based on the subject’s application in a finance team
Practice questions
- A series of questions designed to test your understanding of what you’ve learnt on the course
- Designed to get you to apply what you’ve learned to scenarios and commit the theory to memory
Presentation slides
- The visual presentation from the video can be accessed for note-taking and for browsing alongside the video or audio download
- Can be viewed as still slides or in an interactive format to move around the screen
Purchasing the course
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Astranti CPD Course:
Supply Chain Management for Finance Professionals
£149.00
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