In this course students will be introduced to the multiple financial concepts which are critical to supply chain management. Firstly, students will learn about different cost accounting items such as labour, material, and overhead costs. Students will then examine job cost and service statements, as well as cost accounting systems. In the second half of the course, students will take a deeper dive into the various financial concepts and principles that relate to supply chains, including working capital management, cash flow optimization, trade credit and payment terms, factoring and invoice discounting.
Prerequisites
MGMT 1015, OPMT 1120.
Course type
This course is offered as part of a VCC program and cannot be taken individually.
International students: Eligibility is determined at the program level. Visit the program page for international student requirements and application information.
- Introduction to Supply Chain Financial Management and Analysis Costing Methods and Financial Ratios Labour costs and documentation Material costs Overhead costs Job cost and service cost statements Cost accounting systems Working Capital Management (Overview of working capital and its components, Strategies for optimizing working capital within the supply chain, The relationship between working capital and supply chain efficiency) Cash Flow Optimization (Understanding the flow of funds within the supply chain, Techniques to enhance cash flow, Managing payment cycles) Trade Credit and Payment Terms (Exploring trade credit terms, Negotiating and managing trade credit terms, Balancing supplier and buyer needs, Early payment discounts and their implications) Factoring and Invoice Discounting (Factoring and invoice discounting, Benefits and risks associated with invoice financing)
Course schedules
Select your program to see the available course schedules.
| CRN# | Duration | Delivery | Location | ||
|---|---|---|---|---|---|
| 72763 |
September 8, 2026 to December 18, 2026 |
Lecture Lab |
VCC Downtown Campus | See full schedule |
Online courses listed without scheduled meeting times can be completed on your own schedule. All self-paced courses have on-campus tests. Off-site certified invigilation centres may be used at the student's expense.
| CRN# | Duration | Delivery | Location | ||
|---|---|---|---|---|---|
| 42325 |
January 4, 2027 to April 16, 2027 |
Lecture | VCC Downtown Campus | See full schedule |
Online courses listed without scheduled meeting times can be completed on your own schedule. All self-paced courses have on-campus tests. Off-site certified invigilation centres may be used at the student's expense.
How to take this course
This course is offered as part of a VCC program only.
Contact us
If you have any questions, please email at [email protected].
† This information is intended as a guideline only. Program and course details are subject to change with the approval of VCC's Board of Governors.