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Finlistics®: The Financial Supply Chain Management Connection

Program ID: LOG 3060P
Program type: Short Courses (weekday)
CEUs: 1.4

Location/
(Accommodations)		 Program Administrator Start End Status Cost
Georgia Tech Global Learning Center
(Georgia Tech Hotel)		 Mr. Harvey Donaldson October 25, 2010 October 26, 2010 Register here $2,150.00
Section ID: 10073/220411020

On the first day, check in at least 30 minutes before the class start time.

Meeting time(s):
•Monday, October 25, 2010 (8:00 AM-5:00 PM)
•Tuesday, October 26, 2010 (8:00 AM-5:00 PM)

Alternate rates available

$1,950.00SCL Alumni/CSCMP Members

$1,750.00SCL Education Partners: Schneider/UPS


Course Description

FinListics® is a methodology for measuring the impact of changes in supply chain management on overall financial performance. Develop a senior management's view of the financial benefits of supply chain management, highlighting supply chain management's potential for improving returns to investors and enhancing your ability to sell the real value of your solutions.

FinListics® focuses on:

  • What executives really want from supply chain management
  • Benchmarking financial-supply chain management performance and using gaps to identify areas of opportunity
  • Growing sales from improved supply chain practices - service levels, speed to market, etc.
  • Lowering total supply chain operating costs - procurement, transportation, warehousing, distribution, reverse logistics, administrative, etc.
  • Reducing ongoing supply capital charges needed to support investments - inventories, accounts receivable, warehouses, fleets, technology, storage and handling equipment, etc.

What You Will Learn

  • Introduction to FinListics®
  • Measuring financial logistics performance
  • Creating a competitive advantage by reducing capital costs
  • Evaluating logistics investments
  • FinListics® value manager computer model
  • Selling the value of third-party logistics services
  • How to better articulate and measure the financial benefits of your solutions
  • Show the value of solutions that:
    • Increase sales through faster speed to market
    • Reduce cash-cycle times
    • Better balance transportation and inventory carrying costs
    • Optimize network design
    • Leverage logistics outsourcing
    • Establish third-party inventory ownership

Who Should Attend

  • Supply chain management solution providers and consultants
  • Supply chain and financial managers
  • Account and operations managers for third-party logistics providers

Course Material

Each participant receives a licensed copy of the student version of FinListics® Value Manager, an easy-to-use Microsoft Excel-based program developed by Stephen G. Timme, Ph.D., and Christine Timme of FinListics® Solutions Inc. The model helps measure your client's or company's financial-supply chain management performance. Immediately use the FinListics® Value Manager to perform financial analysis of your supply chain business cases without prior background in finance.

Use the student model to:
Diagnose your company's current and historical trends in financial supply chain management performance

  • Benchmark performance to competitors
  • Create what-if analyses for improvement in supply chain practices
  • Set goals for changes in financial performance

Program Director

Stephen G. Timme, Ph.D., president of FinListics® Solutions, and adjunct professor of finance at the Georgia Tech Supply Chain & Logistics Institute, was previously a finance professor at the Roberto C. Goizueta Business School at Emory University, where he won the Outstanding Teacher of the Year Award twice. During the last decade, Dr. Timme has conducted customized workshops on finance and supply chain management for more than 20,000 executives throughout the United States, Europe, South America, and Asia-Pacific.





Course Outline

The Big Picture - What executives really want from supply chain management solutions
  • Industry trends and challenges
  • The role of supply chain management

Review of Key Financial Metrics

  • Why executives and investors care
  • Three key drivers of overall financial performance:
    • Growth
    • Profitability
    • Capital Utilization - Working Capital and Fixed Asset Utilization

The Financial-Supply Chain Management Connection

  • Linkages between financial performance and supply chain management
  • Supply chain management key business processes, activities and tasks

Measuring Financial-Supply Chain Management Performance

  • Identifying financial performance gaps
  • Linking gaps to underlying supply chain management business practices
  • Using financial performance gaps to identify areas of opportunities
  • Case study
  • Analysis of your client's or company's financial supply chain management performance

Creating a Competitive Advantage by Better Managing Supply Chain Capital Costs

  • The cost of capital
  • Hidden supply chain costs
  • Estimating supply chain capital costs
  • Analysis of your company's or client's supply chain capital costs

Financial-Supply Chain Management Applications

  • Faster new product speed to market
  • Change in modes of transportation
  • Change in sourcing
  • Vendor managed inventory

Evaluating Investments in Supply Chain Solutions

  • Identifying critical success factors and risks
  • Estimating cash flow benefits and net value
  • Conducting sensitivity analysis
  • Conducting post-implementation analysis

Selling the Value of Supply Chain Management Solutions

  • Selling solutions at the executive level
  • Analysis of alignment of supply chain solutions with company's key goals and initiatives
  • Impact of your solutions on overall financial performance and business value


Every effort is made to present the course as advertised herein; however, circumstances may make it necessary to alter the schedule and/or presenters.


Discount

If you have attended a SCL program before or are a member of CSCMP, the discounted course fee is $1,950. Members of INFORMS, NASSTRAC, and the Atlanta Logistics Innovation Council also receive the discounted rate of $1,950 for this course. See registration form for details.

Supply Chain & Logistics Certificate

This course counts as one point toward the Supply Chain & Logistics Certificate. Participants who complete multiple SCL online and/or live courses can qualify for the Supply Chain & Logistics Certificate. Completion of a minimum of eight points is required. Click here for additional details.


Related Programs

World-Class Inventory Planning and Management recommended
World-Class Transportation and Distribution recommended
World-Class Warehousing and Material Handling recommended
World-Class Logistics and Supply Chain Strategy recommended
Global Supply Chain Strategy Program recommended
Warehouse/Distribution Center Layout recommended
Logistics Performance, Cost, and Value Measures recommended
Building the Lean Supply Chain Problem Solver recommended
Building the Lean Supply Chain Professional recommended
Building the Lean Supply Chain Leader recommended

Related documents

Download Brochure (PDF file)

Related links

Supply Chain & Logistics Institute
Supply Chain & Logistics Certificate
Supply Chain & Logistics Catalog (PDF file)