A Short Course on Supply Chain Finance

Subject Delivery and Assessment Plan:Supply Chain Finance – (32hrs) Fall 2020

 

Lecturer:Prof. Dimitris Gavalas, University of the Aegean

 

Course Objectives:

The course provides an integrated framework of modern principles and practices in applied supply chain finance, for companies operating in a competitive and risky globalized setting. Among the eight sessions of the course, the basics of Corporate Finance will be discussed and crucial modules of Supply Chain Finance (SCF) will be unfold.

 

Areas of Competence:

Identify the main networks in Supply Chain

Identify the key enablers in SCF

Identify the early adopters of SCF solutions

Recognize the key market challenges responsible for the growing interest in SCF

 

Tackled Concepts:

Fundamental Properties of SCF

Critical Corporate Financial Management Decisions

Strategic Investment Decisions of Companies

Financing Companies and Cost of Capital

SCF solutions including approved payables finance, dynamic discounting, reverse factoring, p-cards and receivables finance

Pricing, legal documentation and technological requirements for SCF platforms

Regulatory issues facing the SCF industry

 

Learning Methods & Teaching Procedures:

The course will consist of a combination of lectures, case presentations, and class discussion. The syllabus of the course will be covered in 8 sessions (32 hours -see schedule below). The lecture/discussion component will be devoted to presentation and discussion of concepts, frameworks, financial analytical techniques, and improvement strategies that may be deployed to drive greater supply chain management performance. The books serve as background information for understanding lecture content and casework materials as well as problems to build financial skills.

 

Assessment:

Participation & Continuous Assessment - Appropriate expressions of interest, and meaningful contributions to class activities are expected, valued, and graded. All reading assignments must be delivered on time. Students should maintain an awareness of current business dynamics and apply their knowledge to class discussions. Oral contributions to class discussions and activities, and completion of any take-home and in-class related exercises will contribute in course’s added value.

 

Evaluation:

Coursework:50%

Written Exams:50%

 

Bibliography/Course Materials:

All courses shall be accompanied by the Course Leader’s learning material.

Recommended books:

Hoffman, E. and Belin, O., 2011, Supply Chain Finance Solutions, Relevance-Propositions-Market Value, Springer.

Megginson, W.L., Lucey, B.M. and Smart, S.B., 2008, Introduction to Corporate Finance, Cengage Learning EMEA.

 

Schedule:

Topics to be covered

1

The Supply Chain Finance Industry (I)

Market constituents, enablers, challenges

Current market size

Prospects for growth

2

The Supply Chain Finance Industry (II)

Market penetration

Regions and industries

3

Financial Statements

The Balance Sheet

The Income Statement

Taxes

Cash Flow

4

Working with Financial Statements

Standardized Financial Statements

Ratio Analysis

The DuPont Identity

Using Financial Statement Information

5

Long-Term Financial Planning and Growth

Financial Planning Models

External Financing and Growth

Financial Leverage

6

Products and Solutions

Working Capital

Receivables financing

Reverse factoring

Approved payables financing

Dynamic discounting

7

Risk and regulation

Internal risk management

Regulation and Basel III

Compliance

Accounting issues

8

Automation tools and collaboration

Automations tools

e-invoicing

Bilateral collaboration

Collective collaboration

 

Time Table:

(Shanghai Time Zone)

2020/12/14

Monday

 

 

15:05-16:40

 

18:00-19:35

 

 

Tencent ID:577 4280 3556

2020/12/17

Thursday

2020/12/21

Monday

2020/12/23

Wednesday

2020/12/24

Thursday

2020/12/28

Monday

2020/12/29

Tuesday

2020/12/30

Wednesday