Working Capital Management: Techniques for Optimizing Operational Efficiency

What you will learn

Program Structure

• Introduction to Working Capital

  3 Lessons · 45 min
  • Definition and importance of working capital
  • Components of working capital
  • Working capital cycle
• Techniques for Managing Inventory

  3 Lessons · 45 min
  • Inventory management systems
  • Just-in-time (JIT) inventory
  • Economic order quantity (EOQ)
• Accounts Receivable Management

  3 Lessons · 45 min
  • Credit policies
  • Collection processes
  • Strategies to improve accounts receivable turnover
• Accounts Payable Management

  3 Lessons · 45 min
  • Negotiating favorable credit terms
  • Managing supplier relationships
  • Timing of payments for cash flow optimization
• Cash Management

  3 Lessons · 45 min
  • Cash flow forecasting
  • Managing cash reserves
  • Investing surplus cash
• Measuring and Improving Working Capital Efficiency

  3 Lessons · 45 min
  • Key performance indicators (KPIs) for working capital
  • Benchmarking and best practices
  • Continuous improvement techniques