Читать книгу Working Capital Optimierung im Maschinen- und Anlagenbau - Radomir BABIC - Страница 3

Regarding machinery and plant industry high amounts of capital are tied up in current assets. In the last few years many companies were able to reduce their working capital. There is still a lot to be done regarding cash conversion cycle and working capital ratio. The main objective of this thesis is to show the possibilities for optimization of working capital, concerning value-based supply chain management. The focus has been put on the machinery and plant industry. The optimization approaches can also be applied across all industry sectors. The success depends on the adaptation of these methods in practice. Alternative solutions have also been proposed. It could not be verified whether these approaches have been successfully applied in practice. Literature says that this approach has a positive impact on the reduction of working capital. Further research could be recommended.

Keywords:

Value oriented Corporate Management, Value oriented Supply Chain Management, Working Capital Management, Forecast-to-Fulfill-Process, Order-to-Cash-Process, Purchase-to-Pay-Process, Days Inventory Outstanding, Days Payables Outstanding, Days Sales Outstanding, Cash-to-Cash-Cycle, Cash Velocity & Value Chain Velocity, Value Management, Target Costing, Free Cash Flow, Return on Capital Employed, Weighted Average Cost of Capital, Economic Value Added, Shareholder Value