Supply Chain Finance And Risk Mitigation Training Course: Optimizing Working Capital And Resilience

Introduction:

Supply Chain Finance (SCF) offers innovative solutions to optimize working capital and mitigate risks within complex supply chains. This comprehensive training course on Supply Chain Finance and Risk Mitigation equips participants with the knowledge and practical skills to leverage SCF techniques effectively. Participants will learn how to improve cash flow, reduce financing costs, enhance supplier relationships, and build more resilient supply chains. This course empowers financial professionals to unlock the potential of SCF, contributing to a more efficient and stable business ecosystem.

Target Audience:

This course is designed for professionals involved in supply chain management, finance, and risk management, including:

• Supply Chain Managers
• Finance Managers
• Treasury Professionals
• Procurement Professionals
• Risk Management Professionals
• Anyone seeking to optimize working capital and mitigate supply chain risks

Course Objectives:

Upon completion of this Supply Chain Finance and Risk Mitigation training course, participants will be able to:

• Explain the core concepts of Supply Chain Finance.
• Describe the benefits of SCF for buyers and suppliers.
• Identify opportunities to implement SCF within their organization.
• Evaluate different SCF solutions and choose the most appropriate approach.
• Understand the legal and operational aspects of SCF programs.
• Implement and manage successful SCF programs.
• Use SCF to improve working capital metrics.
• Mitigate supply chain risks through SCF.
• Enhance relationships with suppliers.
• Contribute to a more resilient and efficient supply chain.

DURATION

5 Days

COURSE CONTENT

Module 1: Introduction to Supply Chain Finance

• Defining Supply Chain Finance (SCF) and its core principles.
• The evolution of SCF and its growing importance in global trade.
• Key benefits of SCF for buyers and suppliers: working capital optimization, risk mitigation, improved access to finance.
• Different types of SCF solutions: payables finance, receivables finance, inventory finance, purchase order finance.
• Understanding the ecosystem of SCF providers: banks, fintech companies, platforms.

Module 2: Payables Finance (Reverse Factoring)

• The mechanics of payables finance: how it works and its advantages.
• Benefits for buyers: extended payment terms, improved DPO, enhanced supplier relationships.
• Benefits for suppliers: early payment, reduced DSO, improved cash flow.
• Implementing a payables finance program: key considerations and best practices.
• Case studies of successful payables finance implementations.

Module 3: Receivables Finance (Factoring)

• The mechanics of receivables finance: how it works and its different forms (recourse vs. non-recourse).
• Benefits for suppliers: immediate access to cash, improved liquidity, reduced credit risk.
• Considerations for buyers: potential impact on supplier relationships, cost implications.
• Implementing a receivables finance program: key considerations and best practices.
• Case studies of successful receivables finance implementations.

Module 4: Inventory Finance

• The mechanics of inventory finance: how it works and its variations.
• Benefits for suppliers: unlocking working capital tied up in inventory, improved cash flow.
• Considerations for buyers: potential implications for inventory management and control.
• Implementing an inventory finance program: key considerations and best practices.
• Case studies of successful inventory finance implementations.

Module 5: Purchase Order Finance

• The mechanics of purchase order finance: how it works and its benefits.
• Benefits for suppliers: access to financing based on confirmed purchase orders.
• Considerations for buyers: potential impact on procurement processes.
• Implementing a purchase order finance program: key considerations and best practices.
• Case studies of successful purchase order finance implementations.

Module 6: Legal and Operational Aspects of SCF

• Legal considerations for SCF programs: contracts, documentation, regulatory compliance.
• Operational considerations: technology integration, data exchange, process management.
• Risk management in SCF programs: mitigating fraud, operational risks, and credit risks.
• Building a robust SCF program framework.
• Best practices for managing SCF program operations.

Module 7: Implementing and Managing SCF Programs

• Developing an SCF strategy aligned with business objectives.
• Selecting the right SCF solution and provider.
• Onboarding suppliers and buyers to the SCF program.
• Managing program performance and monitoring key metrics.
• Scaling the SCF program and expanding its reach.

Module 8: Using SCF to Improve Working Capital

• Analyzing working capital metrics: DSO, DPO, and inventory turnover.
• Identifying opportunities to optimize working capital through SCF.
• Measuring the impact of SCF on working capital performance.
• Integrating SCF with other working capital management initiatives.
• Best practices for working capital optimization with SCF.

Module 9: Supply Chain Risk Mitigation with SCF

• Identifying and assessing supply chain risks: financial risks, operational risks, and geopolitical risks.
• Using SCF to mitigate supplier financial risk.
• Enhancing supply chain visibility and resilience through SCF.
• Building stronger supplier relationships through collaborative SCF programs.
• The future of SCF and its role in building more resilient supply chains.

Training Approach

This course will be delivered by our skilled trainers who have vast knowledge and experience as expert professionals in the fields. The course is taught in English and through a mix of theory, practical activities, group discussion and case studies. Course manuals and additional training materials will be provided to the participants upon completion of the training.

Tailor-Made Course

This course can also be tailor-made to meet organization requirement. For further inquiries, please contact us on: Email: info@skillsforafrica.org, training@skillsforafrica.org  Tel: +254 702 249 449

Training Venue

The training will be held at our Skills for Africa Training Institute Training Centre. We also offer training for a group at requested location all over the world. The course fee covers the course tuition, training materials, two break refreshments, and buffet lunch.

Visa application, travel expenses, airport transfers, dinners, accommodation, insurance, and other personal expenses are catered by the participant

Certification

Participants will be issued with Skills for Africa Training Institute certificate upon completion of this course.

Airport Pickup and Accommodation

Airport pickup and accommodation is arranged upon request. For booking contact our Training Coordinator through Email: info@skillsforafrica.org, training@skillsforafrica.org  Tel: +254 702 249 449

Terms of Payment: Unless otherwise agreed between the two parties’ payment of the course fee should be done 5 working days before commencement of the training.