Managing the Financial Supply Chain



Course Reference No: CRS-N-0047203

Courses_Calendar_83x95

Course Objectives

This course will explore supply chain financing solutions to help SMEs acquire working capital and grow sales, through use of materials as collaterals for loans, or modes of receivables financing. Participants will also form teams to play a supply chain simulation game using Excel and online data entry. The game will require teams to make annual supply chain management decisions that will impact revenue growth, cost cutting, and/or risk management of the company, considering management trade-offs and both short-term and long-term profitability in coming with an overall strategic plan.

At the end of the course, participants will learn:

  • Improving cash flow for business growth 
  • Understand management trade-offs in short-term and long-term profitability
  • Risk management and risk mitigation versus costs 
  • Alternative modes of financing for overseas expansion  

Outline

Day 1 

  • Overview of financial statements
  • Impact of supply chain management on profit and loss 
  • Key concepts of inventory management
  • Cash to cash cycle: Strategies for improvement
  • Explanation of Supply Chain Simulation Game Round 1

Day 2

  • Financing using trade receivables
  • Financing using collateral management
  • New alternative financing and payment platforms
  • Use of blockchain in supply chains
  • Supply Chain Simulation Game (teams)

Day 3

  • Simulation Game team presentations
  • Simulation Game Debrief - key learnings and takeaways
  • Integration of supply chain and finance

Pre-requisites

None

Who Should Attend

Senior Management, Senior Managers, Managers, and corporate executives on management track

Mode of Training

Classroom

Speaker
Goh Puay Guan

Goh Puay Guan is Associate Professor at NUS SCALE, and NUS Business School. Prior to that he had 20 years of corporate experience throughout Asia in general management, strategic planning, and commercial investments. He has also been an Adjunct Associate Professor at NUS Business School from 2011 to 2017, and Adjunct Professor with Inha University in South Korea from 2007 to 2009. He is the author of Supply Chain Management: A Concise Guide. published by Pearson (1st Ed. 2005, 2nd Ed. 2015).

As Vice President of Business and Commercial at Sembcorp Development, he helped to set up a new business unit Sembcorp Infra Services in 2014 and build its logistics assets footprint in Vietnam, serving concurrently as General Director of its wholly owned subsidiary in Vietnam. He led Batamindo Shipping and Warehousing Pte Ltd to attain the ASEAN Business Award for Growth (SME) by the ASEAN Business Advisory Council in 2013. He was a Top Outstanding Young Persons (TOYP) 2012 Merit Winner for Business and Entrepreneurship category, awarded by Junior Chamber International (JCI).

He has been active in the community, including serving as President of the Stanford Club of Singapore, Honorary Treasurer at Mensa Singapore, and President of the Singapore Club in Seoul. He is also a member of the Singapore Institute of Directors. 

DATE

TBC

DURATION

3 Days
9.00am to 5.30pm
(Daily)

VENUE

National University of Singapore
University Town

International Participants

S$3,210.00

Incl. GST

Singapore Citizens
(39 yrs old or younger) 
or Singapore PRs

S$963.00

Incl. GST

Singapore Citizens
(40 yrs or older)

S$363.00

Incl. GST

Enhanced Training Support for SMEs

S$363.00

Incl. GST

Fees & Fundings

International
Participant
Singapore Citizen1
39 years old or younger
Singapore Citizen1
40 years or older eligible for MCES2
Singapore PRs Enhanced Training
Support for SMEs3
Full Programme Fee S$3,000.00 S$3,000.00 S$3,000.00 S$3,000.00 S$3,000.00
SkillsFuture Funding
(Refer to Funding Page for Claim Period)
- (S$2,100.00) (S$2,100.00) (S$2,100.00) (S$2,100.00)
Nett Programme Fee S$3,000.00 S$900.00 S$900.00 S$900.00 S$900.00
7% GST on Nett
Programme Fee
S$210.00 S$63.00 S$63.00 S$63.00 S$63.00
Total Nett Programme
Fee Payable, Incl. GST
S$3,210.00 S$963.00 S$963.00 S$963.00 S$963.00
Less Additional Funding if
Eligible Under Various Scheme
- - (S$600.00) - (S$600.00)
Total Nett Programme Fee, Incl. GST,
after additional funding from the various funding schemes
S$3,210.00 S$963.00 S$363.00 S$963.00
S$363.00


  1. All self-sponsored Singaporeans aged 25 and above can use their $500 SkillsFuture Credit to pay for the programme. Visit http://www.skillsfuture.sg/credit to select the programme. 
  2. Mid-Career Enhanced Subsidy (MCES) - Singaporeans aged 40 and above may enjoy subsidies up to 90% of the programme fee. 
  3. Enhanced Training Support for SMEs (ETSS) - SME-sponsored employees (Singaporean Citizens and PRs) may enjoy subsidies up to 90% of the programme fee. For more information, visit http://www.ssg.gov.sg/programmes-and-initiatives/training/enhanced-training-support-for-smes.html?_ga=2.154478072.1748789781.1519700056-512306731.1519700056
  4. Eligible organisations (excluding government entities) may apply for the absentee payroll funding via SkillsConnect at www.skillsconnect.gov.sg for Singaporean/permanent resident participants attending the programme during working hours. The absentee payroll funding is computed at 80% of hourly basic salary capped at $4.50 per hour or $7.50 per hour for SME. For more information, visit https://www.skillsconnect.gov.sg/sop/portal/e-Services/For%20Employers/AbsenteePayroll.jsp
  5. Eligible individuals may apply for training allowance capped at $6/hr under the WSS scheme, visit- https://www.wsg.gov.sg/programmes-and-initiatives/workfare-skills-support-scheme-individuals.html for more information on WSS.
  6. NTUC Training Fund (SEPs) – All self-employed (i.e. freelancers and sole-proprietors-with-no-employee) Singaporeans and Permanent Residents are eligible to apply for the NTUC Training Fund (SEPs) from NTUC’s Employment and Employability Institute (e2i). Click here for more information.
NTUC members enjoy 50% of the unfunded course fee support for up to $250 each year for courses supported under UTAP (Union Training Assistance Programme). Terms and Conditions apply. Please visit http://skillsupgrade.ntuc.org.sg
Sign Up Now
 
16 November 2020