Supply Chain Finance: Working Capital Optimization Training Course

Introduction

In today's competitive business environment, optimizing supply chain finance and maximizing working capital efficiency are critical for sustained growth and profitability. This training course, "Supply Chain Finance: Working Capital Optimization Training Course," equips professionals with the knowledge and tools to effectively manage financial flows across the supply chain. We delve into the intricacies of inventory financing, accounts payable/receivable optimization, trade finance, and reverse factoring, empowering you to unlock working capital and enhance financial performance. By mastering these strategies, you'll improve liquidity, reduce financial risks, and strengthen relationships with suppliers and customers.

This program focuses on actionable insights and practical application, enabling participants to develop and implement effective working capital optimization strategies and supply chain finance solutions. We explore the latest advancements in digital trade finance, dynamic discounting, and supply chain finance platforms, emphasizing practical case studies and interactive exercises. You'll learn how to measure and report working capital performance, engage stakeholders, and foster a culture of financial efficiency within your organization, ultimately transforming supply chain finance into a strategic advantage.

Target Audience:

• Finance Managers and Directors
• Supply Chain Managers
• Treasury Managers
• Procurement Managers
• Credit Managers
• Accounts Payable/Receivable Managers
• Financial Analysts

Course Objectives:

• Understand the fundamental concepts of supply chain finance and working capital optimization.
• Learn how to optimize inventory financing and management.
• Master the principles of accounts payable and receivable optimization.
• Develop skills in utilizing trade finance and supply chain finance solutions.
• Learn how to implement reverse factoring and dynamic discounting programs.
• Understand the role of technology in supply chain finance.
• Implement strategies for reducing financial risks and improving liquidity.
• Learn how to utilize data analytics for working capital insights.
• Develop skills in measuring and reporting working capital performance.

DURATION

5 Days

COURSE CONTENT

Module: Introduction to Supply Chain Finance & Working Capital:

• Overview of supply chain finance and working capital concepts.
• The importance of working capital optimization in supply chain management.
• Key drivers and trends in supply chain finance.
• Understanding the interconnectedness of finance and supply chain operations.
• The role of supply chain finance in achieving financial efficiency.

Module: Inventory Financing & Management:

• Implementing effective inventory financing strategies.
• Utilizing inventory optimization techniques.
• Managing inventory levels and turnover.
• Implementing vendor-managed inventory (VMI) programs.
• Optimizing storage and distribution costs.

Module: Accounts Payable & Receivable Optimization:

• Optimizing accounts payable and receivable processes.
• Implementing efficient payment and collection strategies.
• Utilizing payment terms and discounts.
• Managing credit risk and customer relationships.
• Implementing automated invoicing and payment systems.

Module: Trade Finance & Supply Chain Finance Solutions:

• Utilizing trade finance instruments (letters of credit, guarantees).
• Implementing supply chain finance platforms and solutions.
• Managing cross-border transactions and currency risks.
• Implementing invoice discounting and factoring.
• Utilizing supply chain finance for risk mitigation.

Module: Reverse Factoring & Dynamic Discounting:

• Implementing reverse factoring and supply chain finance programs.
• Utilizing dynamic discounting for early payment.
• Optimizing payment terms and supplier relationships.
• Managing supplier onboarding and program implementation.
• Implementing automated discounting and payment processes.

Module: Technology in Supply Chain Finance:

• Utilizing digital trade finance platforms and solutions.
• Implementing blockchain for supply chain finance transparency.
• Leveraging AI and machine learning for financial analysis.
• Utilizing treasury management systems (TMS) for financial optimization.
• Implementing electronic invoicing and payment systems.

Module: Financial Risk Reduction & Liquidity Improvement:

• Implementing strategies for reducing financial risks in the supply chain.
• Optimizing cash flow and liquidity management.
• Utilizing financial hedging and risk mitigation tools.
• Managing currency exchange and interest rate risks.
• Developing financial risk management policies.

Module: Data Analytics for Working Capital Insights:

• Utilizing data analytics for working capital optimization.
• Implementing working capital dashboards and reporting tools.
• Analyzing financial data and trends.
• Utilizing predictive analytics for cash flow forecasting.
• Leveraging data-driven decision-making for financial optimization.

Module: Measuring & Reporting Working Capital Performance:

• Developing working capital performance metrics and KPIs.
• Collecting and analyzing working capital data.
• Reporting working capital performance to stakeholders.
• Utilizing financial dashboards and reports.
• Demonstrating the ROI of working capital optimization strategies.

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.