Automotive Supply Chain Finance and Cost Accounting (APSM 2207)

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. The course will incorporate considerations for zero-emissions vehicles in supply chain operations, including cost-benefit analyses, investment evaluation, and financial impacts of sustainable transportation solutions. In the second half of the course, students will learn about 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. Special attention will be given to financial frameworks that support the transition to zero-emissions fleets and the long-term financial viability of sustainable supply chain practices.