Key Success Factors in Supply Chain Finance

2022/2023

Academic Year

ENG

Instruction in English

4

ECTS credits

Delivered at:

Department of Operations Management and Logistics

Course type:

Elective course

When:

4 year, 3 module

Instructor

Gusev, Denis

Course Syllabus

Abstract

The main purpose of the course is to provide ability to model financial flows in the supply chain research and transform them according to actual tasks of the supply chain management under conditions of uncertainty and risk. Additionally, students will gain the ability to use the concept of utility for modeling the financial flows in supply chain research, ability to use multiple criteria decision making approaches for optimizing financial flows in the supply chain research under conditions of uncertainty and risk. The course includes also mathematical models of simultaneous investment and financial planning in the supply chain research (laboratory works in computer classes).

Learning Objectives

• Further objectives are focused on MCDM-methodology (multiple criteria decision making) and it’s benefits to supply chain research, financial decision making under conditions of uncertainty and risk, the concept of utility and it’s application modeling key financial flows in the supply chain, mathematical models of simultaneous investment and financial planning.

Expected Learning Outcomes

• Ability to model the financial flows of the supply chain
• Ability to present financial flows in different formats and transform them accoriding to actual tasks
• Ability to use mathematical models of simultaneous investment and financial planning
• Ability to use multiple criteria decision making approaches for optimizing financial flows under conditions of uncertainty and risk
• Ability to use the concept of utility for modeling the financial flows

Course Contents

• Section 1. Mathematical modeling financial flows in supply chain
• Section 2. Risk management of financial flows in logistics based on the concept of utility
• Section 3. Methods of multi-criteria optimization in modeling financial flows in logistics
• Section 4. Mathematical models of simultaneous investment and financial planning in the supply chain research

Assessment Elements

• Activity (Work on seminars, quizes, written works, аnalitical note and other homeworks)
  Quizes, written works and analitical note are mandatory. Passing for no valid reason will result in a score of zero. During written work in the class it is allowed to use paper versions of handouts and your own lecture notes
• Control work
  Control work is mandatory. Passing for no valid reason will result in a score of zero. During control work in the class it is allowed to use paper versions of handouts and your own lecture notes
• Exam
  During exam in the class it is allowed to use paper versions of handouts and your own lecture notes

Interim Assessment

• 2022/2023 3rd module
  0.25 * Control work + 0.5 * Exam + 0.25 * Activity (Work on seminars, quizes, written works, аnalitical note and other homeworks)

Bibliography

Recommended Core Bibliography

• Dmitry Ivanov, Alexander Tsipoulanidis, & Jörn Schönberger. (2019). Global Supply Chain and Operations Management : A Decision-Oriented Introduction to the Creation of Value: Vol. Second edition. Springer.

Recommended Additional Bibliography

• Operations management : sustainability and supply chain management, Heizer, J., 2014
• Sadok Turki, & Nidhal Rezg. (2019). Sustainable Supply Chain System Design and Optimization. Sustainability, (4), 1. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edsrep&AN=edsrep.a.gam.jsusta.v11y2019i4p1179.d208474