Strategic management of trade working capital - supply chain online course

BPP

Supply chain is the new definition of payables under traditional trade working capital. The traditional approach to financing trade payables was to use discounting techniques such as bulk discounts, non payments resulting in class actions, etc.

Price: £50 + VAT

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What you will gain

This course will update you on the new approach (supplier chain financing) which includes:

  • Segmentation of supplier base to deal with suppliers 'discretely'
  • Pre-shipment finance
  • In Transit or Vendor managed inventory – Ownership
  • Post Shipment- pre acceptance - invoice NOT approved by buyer – right of lien
  • Web Portal
  • Credit Rating links to main customer
  • Purchase Cards
  • Dynamic Discounting

Course content

By the end of this course, you will have a greater understanding of:

  • the new way of understanding the supply (creditor) side of working capital
  • why the new format is more 'fit for purpose' in the new cash environment organisations now encounter
  • why the traditional calculation of 'Days Purchases Outstanding'(DPO) is at best a 'general' guide
  • knowledge from the case studies of how to apply the new methodology to enable you to become more effective
  • instigating a strategy that could make working capital and therefore cash more efficient

Questions?

BPP | Tel: 0330 060 3303 | Email: ldicas@bpp.com

Topics

  • Corporate and financial reporting
  • Online learning

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