This Financial Supply Chain and Working Capital training course provides the strategies employed in managing cash flow that significantly impact not only the accounting information of an organisation but how it is perceived by analysts and the marketplace in general. Also learn issues beyond the credit crunch, such as future risks to credit ratings, including Basel III, new supply chain finance initiatives, corporate social responsibility, green issues and the cost of dealing with ‘stretched supply chains’ where natural, economic and political risks are increased. In this course, also learn on ow accountants, managers and directors at all levels can impact how suppliers are paid, debtors pay/default or decide to accept court action and why if work-in-progress and/or stock is not valued appropriately, process costs escalate and how product/customer margins deteriorate due to inefficiencies in the financial supply chain.
By attending Financial Supply Chain and Working Capital workshop, delegates will learn:
- A Strategy that reviews creditors as assets whilst debtors and inventory are liabilities
- Recovering cash from debtors, creditors, stock and work in progress by:
- Utilising credit control effectively
- Checking for discounts/rebates/retentions and duplicate payments
- Reducing stock by JIT/Kanban techniques and understanding unbilled work in progress and any stock deficiencies
- Delivering a supply chain risk mitigation process
- Improving customer demand chain, supply chain/reverse supply chain relationships - the right metrics at the right time
- Lowering overhead and increasing billable costs
- Presenting disclosure requirements that make investors/stakeholders take notice
- Improving one’s credit rating and liquidity position on a sustainable basis
This Financial Supply Chain and Working Capital training course is designed for Accountants and treasurers at all levels - directors, senior managers, heads of finance - plus project/programme managers, credit control, sales and purchase ledger staff, buyers and sales professionals.