Online Supply Chain Management Finance

Supply Chain Management Finance Academy

Haslam College of Business

Program Overview

The Haslam College of Business Supply Chain Management Finance Academy is an intensive eight-week program that equips managers, directors, and high-potential employees with the financial expertise to interpret results and make strategic decisions that strengthen supply chain performance.

This first-of-its-kind program draws upon Haslam’s industry-leading supply chain curriculum and the insights gained through collaboration with peers and renowned faculty.

Credit Hours

0

Cost*

$3,995

Testing Requirements

None

Admission Terms

Spring & Fall

*This price is inclusive of all University fees and charges including any and all eBook materials. Discounts are available for Global Supply Chain Institute Forum Partner Company employees and will be applied, if applicable, after initial registration.

Develop Essential Finance Skills for Supply Chain Management

The Global Supply Chain Institute is here to provide you with expert faculty and connections to help you build the financial acumen you need to succeed in supply chain management. In this course, you will learn how to analyze:

  • Income statements
  • Balance sheets
  • Cash flow
  • Financial results

This innovative synchronous and asynchronous online course will help you improve relevant foundational finance skills, grow your career, and drive value for your organization. 

Learn more about Supply Chain Management Academies offered by the Haslam College of Business:
SCM Leadership Academy

SCM Foundations Academy
SCM Planning Academy
SCM Procurement Academy

SCM Technology Academy

What You Will Learn.

The SCM Finance Academy will be divided into 8 modules:

  • Key components of supply chain finance
  • Benefits of financial literacy on your career
  • The effects of assumptions and estimates on financial statements
  • Calculating return on assets (ROA) using the Strategic Profit Model
  • How supply chains can influence ROA
  • Interpreting the generally accepted accounting principles to the income statement 
  • Matching principle, depreciation, and amortization
  • Critiquing cost of goods sold, sales, general and administrative, gross income, and net income
  • Examining a company’s revenue recognition decisions, assumptions, and estimates reflected in profit
  • Predicting the effect of supply chain decisions on the income statement
  • Calculate gross profit, operating profit, and net profit
  • Balance sheet uses and limitations 
  • Structure of a balance sheet and its components (assets, liabilities, and owner’s equity) 
  • Assessing a company’s financial position
  • Predicting the impact of supply chain decisions on the balance sheet
  • Calculating ratios
  • The effect of supply chains on cash flow 
  • Optimizing working capital
  • The impact of non-cash items, such as depreciation and amortization, on cash flow
  • Using the statement of cash flow to evaluate a company
  • Elements of the cash flow, cash cycling, and working capital
  • How financial metrics can be used to mitigate risk, as a supplier selection, and to measure performance
  • Optimizing supply chain management (SCM) performance with financial metrics
  • Evaluating business performance using financial metrics
  • Calculating basic financial metrics
  • Explaining how supply chain functions impact working capital
  • Calculating the full cost of inventory
  • Explain the strategic and annual planning process 
  • Supply chain managers’ role in the annual planning/budgeting process, specifically in procurement
  • Budget factors that supply chain managers must consider
  • Objectives, strategies, measures, and targets relative to the supply chain
  • Basic forecasting techniques as they relate to the budget
  • The role of the supply chain in the capital planning process
  • Producing the key components of a business case
  • Key financial calculations to measure a project’s performance (i.e., net present value, payback, ROI, and IRR)
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