W i n d e s h e i m m a k e s k n o w l e d g e w o r k

Supply Chain Finance –

The Course

W i n d e s h e i m m a k e s k n o w l e d g e w o r k

Introduction SCF Course

• Designed in a joint effort between Windesheim University of Applied Sciences and Inchainge B.V.

• Based on the principles of blended learning including

- Online vs. classroom learning

- Individual vs. group learning

- Theory vs. experience

- Hard vs soft skills

W i n d e s h e i m m a k e s k n o w l e d g e w o r k

The 4 Components in the course

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W i n d e s h e i m m a k e s k n o w l e d g e w o r k

1. Lectures (structure)

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1. Lectures - Week 1 – Supply chain structure

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1. Lectures - Week 1 – Financial processes

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1. Lectures - Week 2 and 3 –Working Capital (Management)

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Week 2: Introduction working capital components (accounts receivable, accounts payable, inventories, current assets, current liabilities etc.)

Week 3: Management of accounts payableManagement of accounts receivableInventory ManagementCash Management

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1. Lectures - Week 4 - Costs in the supply chain

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Main themes:

- Cost management beyond the boundaries of the company

- Relevance of transparency in the supply chain

- Methods to bring costs down for the supply chain as a whole

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1. Lectures - Week 5 - Risk management

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Focus on supply chain (finance) risksIdentifying risk � Analyzing risk � Quantifying risk � Mitigating risk �Monitoring risk

Main goal:Showing that Supply Chain Finance is a way to mitigate risk in the supply chain

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1. Lectures - Week 6 - SCF Instruments

Reasons to use SCF instruments- to improve financial performance in the supply chain (link to week 4) - As a way to mitigate supply chain risks (link to week 5)

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2. E-learning

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• Each lecture is supported by a series of e-learning modules

- 18 modules with a total combined length of 9 hours

- designed in online portal based on technique of CrossKnowledge

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2. E-learning – content

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• Combination of videos and questions

- Max. duration of videos is 4 minutes

- Many different types of questions, not only MPC

• Via e-learning students can test their understanding of the theorythat is explained in lectures

• Monitoring:

- Teacher can monitor student progress in e-learning

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2. E-learning – example of account

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3. The Cool Connection (TCC)

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3. TCC - Link simulation with course

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Business simulation game with 4 functions: - Purchasing, Sales, Finance and Supply Chain.- Every week students take decisions in their role as management team of a

manufacturing company - Type of decisions are aligned with theme of that particular week - Complexity increases as the weeks progress- Teachers will be trained for the delivery of TCC to effectively reflect upon

decisions take by the students in relation to theory, conceptual models andpractice

- Once a year student teams are invited to participate in the world wideGlobal Student Challenge with prize money

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3. TCC – Multidimensional uncertainty

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� The players have to take decisions to deal with the challenge of multidimensional uncertainty

�After each round the decisions are the input for the simulation. The effect on the company is calculated for a 6 month period

� Events:

i.e. client banktruptcy

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3. TCC – Finance meets Supply Chain

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3. TCC - Experiential Learning

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3. TCC – Illustration of themes

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3. TCC and The Talent Connection

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• The Talent Connection is a recruitment tool for companies, and a monitoring and evaluation tool for teachers:

- Students who play The Cool Connection create a profile in The Talent Connection

- The participants’ personal skills such as leadership, communication and team play are immediately exposed.

- Also teachers can see how their students score on assessments in the TCC

www.thetalentconnection.careers

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4. SCF Forum

• Growing number of experienced professionals in the banking and supplychain industry worldwide have been trained using The Cool Connection

• These professionals will be recruited to form a coaching community forthe student teams entering the global student competition

• The forum will be supported by an online community platform

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■ At the end of the training professionals from banks and corporates will be requested to list their

profile in the online coaching forum

■ The list of coaches and their profiles will be visible to the students that are required to use TCC

in their course

■ At the start of the course a student team can select/invite a professional to coach

■ The coach is a fifth role in the simulation with only viewing rights

■ At the end of the course the student team gives marks for the coaching quality

■ These marks plus the student ranking in the course will become part of the profile of the

professional and is visible to the next student team who need to select a coach

4. SCF Forum - Coaching Facility

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5.Extra - Articles

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• Access to selection of articles

- Articles which relate to what is discussed in lectures, e-learningand TCC

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5. Extra – excercises

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• Access to excercises- Excercises related to gameplay (after playing a round in the game).

• Access to a selection of explanatory videos- Extra videos next to the videos that are available in the e-learning

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5. Extra – Instruction Guides

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• Access to instruction guides explaining how to use different componentsof the course (in relation to each other)