BULM 700

Business Fundamentals for Supply Chain Managers
Credits
2

This course is part of a series of two courses Business Fundamentals for SCM part I and, part II. The series is intended to provide you with the knowledge and skills necessary to quantify the impact of supply chain management decisions on the bottom line. Students will gain a solid understanding of accounting, finance and the link between supply chain and overall financial performance. Students will analyze financial statements and explain the implications of supply chain management decisions on standard financial ratios and all components of the balance sheet and income statement. Through interactive supply chain finance models, students will demonstrate the sensitivity of outcome to multiple independent variables. Last but not least, students will also learn how to apply the net present value technique to evaluate the feasibility of investment projects in supply chain.