This week’s topics
Principles of Financial Management in Logistics
- Financial concepts in freight and storage
- Core components of logistics finance
- Capital budgeting
- Cash flow planning
- Capital Budgeting Process
- Cash Flow Forecast
- Lecture 17 - Capital Budgeting - Part 1
What you will be able to do
- 3.1 Explain what is meant by the term ‘financial management’ in a logistics context.
- 3.2 Describe the key components of financial management.
Activity
Start with this week’s 3 videos, then: Seminar, guided reading and a short written task: explain what is meant by the term ‘financial management’ in a logistics context.
Study materials
Videos
- Capital Budgeting Process · YouTube · Galton College · 24 min · for registered students
- Cash Flow Forecast · YouTube · Galton College · 16 min · for registered students
- Capital Budgeting Part 1 · YouTube · Galton College · 14 min · for registered students
- Capital Budgeting Part 2 · YouTube · Galton College · 15 min · for registered students
- Using a Cash Flow Forecast in Business Planning · YouTube · Galton College · 16 min · for registered students
- Budgeting within the Business · YouTube · Galton College · 6 min · for registered students
- Capital budgeting: how it works in the real world · YouTube · The Finance Storyteller · 7 min · for registered students
- Capital budgeting techniques · YouTube · The Finance Storyteller · 34 min · for registered students
Further resources
- Exploring Business, ch. 13: Managing Financial Resources · PDF · Saylor Academy, textbook chapter; PDF pp. 684–745 · for registered students
- Introduction to Business 2e, ch. 16.1: The role of finance and the financial manager · PDF · OpenStax, textbook chapter; pp. 539–540 · for registered students
- Principles of Accounting, Volume 2: Managerial Accounting, ch. 11: Capital Budgeting Decisions · PDF · OpenStax, textbook chapter; pp. 517–564 · for registered students
Materials marked “for registered students” open in the student portal, which is set up as soon as you receive final acceptance.