Team-based digital learning
Your team will learn:
- Activity costing
- Cash-to-cash cycle
- Reading balance sheets
- Income statement
- Cash flow
- Financial ratios
Finance Training & Certification
Equip your supply chain team with essential finance concepts such as profit-and-loss accounting to total cost of ownership, inventory accounting and the cash-to-cash cycle. Understand key models such as EBIT, the importance of cash flow, working capital and how to apply financial ratio’s like ROTA and ROE.
We designed our finance training courses with the supply chain professional in mind, equipping learners with all the essential know-how, concepts, and tools they need to be effective in their jobs.
Learn how to calculate accurate costs using the activity-based costing method which allocates costs such as cost pools, drivers, and overheads when considering the selling price of an item.
Examine the procure to pay process, inventory conversion and order to cash process.
Based on Goldratt’s Theory of Constraints, your team will learn how to use common sense in accounting and make the correct business decisions quickly.
Reading balance sheets
Learn how balance sheets provide insights into financial stability and how assets can contribute it. Learn how the liabilities and shareholders’ equity section of the balance sheet can affect stability.
Learn what an income statement is, its structure, and how procurement can affect the income statement.
Learn how cash flow is structured, how procurement’s actions affect the cash flow statement. We explore how procurement’s actions can impact the cash flow statement – including through investing and financing activities.
Understand the key definitions of financial ratios, including gross margin, profit from operations, ROTA, and how to calculate the current and acid test ratios.
Suitable for the following roles:
- Demand Planner
- Supply Planner
- Inventory Planner
- Logistics Planner
- Materials Planner
- Logistics Analyst
- Supply Chain Analyst
- Performance Analyst
- Materials Manager
- Supply Chain Manager
- Director, VP, SVP Supply Chain
This learning content includes:
- Exams &