Financial Supply Chain Management (FSCM)

Financial supply chain management (FSCM) is a set of software tools and processes designed to enhance an organization’s product flow, maximizing profitability and minimizing expenses. To accomplish this objective, FSCM takes advantage of principles that have proven effective in the three main areas of supply chain management (SCM): Product Flow, Information Flow and Financial Flow.

In FSCM, the finances flow is expanded. The FSCM process recognizes and analyzes interrelated events that impact working capital, payment terms, pricing, and inventory. In addition, FSCM takes into account the needs and behaviors of employees and departments in the organization.

To assist companies with a clear and concise understanding of FSCM, full spectrum training includes, but is not limited to:

  • Supplier Financial Reviews
  • Supplier Financial Risk Management
  • Supplier Financial Capabilities Analysis
  • Progress Payment and Milestone Billing Audits
  • Progress Payment System Reviews
  • Cost and Price Analysis Software
  • Close-out Audits of Cost Type Contracts