Supply Chain Management: Cost and Financial Management
Spring 2020 Dates TBA
at LEHIGH UNIVERSITY
This program is designed for mid-level working professionals and is part of the Supply Chain Management Certificate Program. It is also available for open enrollment as an individual course.
This two-day program advances the essential tools for managing costs and finances in supply chains. Through our focus on cost management, we introduce specific cost-down techniques and highlight negotiation, supplier development, and contracting approaches for effectively managing supply chain costs. Our financial management discussion centers on tools that facilitate investment decisions and the evaluation of the financial health of supply chains. Key concepts are reinforced with industry examples and hand-on activities.
IMPACT & BENEFITS:
- Understand supply chain cost management techniques and methodologies that have immediate application at your firm
- Appreciate a set of cost- management best practices that enable participants to assess cost management maturity at their firm
- Learn to manage and control costs across the entire supply chain
WHO SHOULD ATTEND?
Mid-level managers and functional experts with at least 3 to 5 years of professional experience and who are interested in obtaining new knowledge and skills for success in Supply Chain Management and Operations based positions.
DAY ONE OUTLINE:
- Introduction to Cost Management
- Cost Management and Supply Chain Relationships
- Distributive Cost Management Approaches
- Integrative Cost Management Approaches
DAY TWO OUTLINE:
- Intoduction to Finance
- Financial Statements
- Financial Ratios
- Guiding Supply Chain Investments
- Supply Chain KPIs
- Inernational Supply Chains
The cost of this program is $2060. Program attendees will receive: all program materials, all program meals (continental breakfast, lunch and beverage breaks), exceptional learning opportunities with Lehigh University, and networking opportunities with like-minded professionals. This program can be taken individually or as part of the Supply Chain Management Certificate.