Module Code - Title:
AC6091
-
FINANCIAL MANAGEMENT AND DECISION MAKING FOR SUPPLY CHAIN MANAGEMENT
Year Last Offered:
2025/6
Hours Per Week:
Grading Type:
N
Prerequisite Modules:
Rationale and Purpose of the Module:
The purpose of the module is to illustrate to students the discipline of considering financial processes as a whole rather than individual processes; Financial Supply Chain Management (FSCM) is at the core of organisations.
This module introduces students to the core principles and strategic practices of Financial Supply Chain Management (FSCM), focusing on financial analysis, cost efficiency, working capital management, and capital budgeting. It encourages students to view financial processes holistically, understanding how financial flows and decisions interact across the supply chain to enhance operational and fiscal performance. Through the study of capital budgeting, students assess long-term investment decisions and their implications for supply chain value creation. The module also explores organisational behaviours and departmental financial needs to support informed and responsible decision-making. Particular emphasis is placed on working capital management as a strategy for maintaining liquidity and financial efficiency, ensuring that firms are equipped to meet short-term obligations while supporting sustainable operations.
Syllabus:
This module provides students with a comprehensive understanding of Financial Supply Chain Management (FSCM), focusing on the strategic integration of financial decision-making within supply chain operations. Students will develope the ability to analyse financial information to assess performance and identify opportunities for improvement. Students will explore costing methodologies and efficiency strategies to support value-driven financial planning across procurement, production, and distribution activities. The module examines working capital management, to ensure that financial resources are allocated effectively to support day-to-day operations. Capital budgeting and project valuation, will enable students to evaluate investment decisions using recognised financial techniques and assess their implications for supply chain growth and sustainability. Students will critically engage with ethical, behavioural, and sustainability considerations in financial planning, exploring how responsible financial management can align with organisational values and stakeholder expectations in an increasingly complex business environment.
Learning Outcomes:
Cognitive (Knowledge, Understanding, Application, Analysis, Evaluation, Synthesis)
On successful completion of this module, students will be able to:
1. Identify and apply the main components of Financial Supply Chain Management.
2. Demonstrate the ability to quantify costs and revenues relevant to strategic supply chain decisions.
3. Evaluate company financial performance using working capital management techniques.
4. Apply working capital budgeting techniques for decision making.
Affective (Attitudes and Values)
On successful completion of this module, students will be able to:
1. Acknowledge ethical and sustainability issues in Financial SupplyChain Management.
2.Discuss conflicts of interest in financial planning and trade cycles.
Psychomotor (Physical Skills)
How the Module will be Taught and what will be the Learning Experiences of the Students:
The module is delivered through a combination of online lectures, case studies, and practical exercises. The learning environment encourages active participation and critical thinking. Students will develop graduate attributes such as analytical skills, ethical awareness, and strategic decision-making abilities through interactive and applied learning methods.
Fulfilling UL Graduate Attributes:
Curious: Students demonstrate curiosity by exploring how financial decisions--such as capital budgeting and working capital optimisation--impact the overall efficiency and sustainability of the supply chain.
Agile: Learners are encouraged to adapt to evolving financial environments through scenario-based exercises by independently analysing new information.
Courageous: Students cultivate resilience and innovation by making financial decisions, such as evaluating investment projects through capital budgeting techniques, proposing solutions that align financial performance with environmental and social goals within the Financial Supply Chain Management framework.
Responsible: Students engage with scenarios that highlight the ethical and sustainable dimensions of financial supply chain decisions.
Articulate: Group projects require students to present Financial Supply Chain Management strategies clearly, recognising stakeholder perspectives within the organisation. They develop inter-personal skills through collaboration and intra-personal awareness by reflecting on their contributions
Research Findings Incorporated in to the Syllabus (If Relevant):
Prime Texts:
Atrill, P. & McLaney, E.J. (2018)
Management Accounting for Decision Makers. 9th Edition
, Harlow, England: Pearson
Atrill, P. & McLaney, E. (2019)
Accounting and Finance for Non-Specialists. 11th Edition
, Harlow: Financial Times / Prentice Hall
Other Relevant Texts:
Programme(s) in which this Module is Offered:
PDSCMATPA - SUPPLY CHAIN MANAGEMENT
PDSCMATPB - SUPPLY CHAIN MANAGEMENT
Semester(s) Module is Offered:
Autumn
Spring
Summer
Module Leader:
Erin.King@ul.ie