Supply Chain Structure and Financial Processes
Price: €40.00 ex. VAT
For students only: €20.00 ex. VAT
This track consists of 3 modules. The first will give a short introduction into Supply Chain Finance. Module 1.2 explains the Order-to-Cash process and the last module goes into the Purchase-to-Pay Process.
Module 1.1- The Financial Supply Chain (25 – 40 mins.)
This module shows that besides the physical supply chain, there is a financial supply chain which interacts and is crucial to consider when a company wants to improve business results. Internal collaboration between supply chain, sales, purchasing and finance is needed for this. Furthermore this module shows that next to the dominant focal company and the primary value adding members, the supply chain also consists of supporting members, like financial and logistic service providers which provide resources, knowledge, utilities or assets for other supply chain members.
Module 1.2 – The Order-to-Cash Process(20 – 30 mins.)
This module shows that the order-to-cash process is a complicated process which involves many different tasks. A good order-to-cash process needs collaboration between supply chain, sales and purchasing to avoid inefficiencies and the consequences of these inefficiencies. Besides the most common inefficiencies in order-to-cash processes and the consequences of those inefficiencies this module shows solutions for improving efficiency in the order-to-cash process.
Module 1.3 – The Purchase-to-Pay Process(20 – 30 mins.)
This module shows that just like the order-to-cash process, the purchase-to-pay process is a complicated process which involves many tasks. A good purchase-to-pay process needs collaboration between supply chain, purchasing and finance to avoid inefficiencies and the consequences of those inefficiencies. This module also shows solutions for improving efficiency in the purchase-to-pay process.