Ways Out of the Working Capital Trap: Empowering Self-financing Growth Through Modern Supply Management
Erik Hofmann
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Description for Ways Out of the Working Capital Trap: Empowering Self-financing Growth Through Modern Supply Management
Hardcover. This book shows how to escape the working capital trap by improving in-house financing potential. Covers different operating ratios, and views in-house financing from company and supply chain perspectives. Also presents the "Procurement Value Added" concept. Series: Professional Supply Management. Num Pages: 104 pages, biography. BIC Classification: KJMV1. Category: (P) Professional & Vocational. Dimension: 243 x 164 x 13. Weight in Grams: 322.
Especially in times of an economic boom following a crisis, companies have to deal with the phenomenon of the working capital trap, which signifies a company's increasing need for financial liquidity in times of hindered access to debt capital, caused by the increasingly restrictive credit approval processes of financial institutions. As a consequence of cost savings, this situation is often reinforced by a low level of inventory. This book takes up the problem and shows ways of escaping the trap by identifying and strengthening in-house financing potential. First, different operating ratios will be introduced. These refer ... Read more
Especially in times of an economic boom following a crisis, companies have to deal with the phenomenon of the working capital trap, which signifies a company's increasing need for financial liquidity in times of hindered access to debt capital, caused by the increasingly restrictive credit approval processes of financial institutions. As a consequence of cost savings, this situation is often reinforced by a low level of inventory. This book takes up the problem and shows ways of escaping the trap by identifying and strengthening in-house financing potential. First, different operating ratios will be introduced. These refer ... Read more
Product Details
Publisher
Springer-Verlag Berlin and Heidelberg GmbH & Co. KG
Format
Hardback
Publication date
2011
Series
Professional Supply Management
Condition
New
Weight
322g
Number of Pages
104
Place of Publication
Berlin, Germany
ISBN
9783642172700
SKU
V9783642172700
Shipping Time
Usually ships in 15 to 20 working days
Ref
99-15
About Erik Hofmann
The authors of this series are researchers of the University of St.Gallen, scientists of other leading international research centers with the focus on procurement and supply chain management, consultants of Kerkhoff Consulting and practitioners. As a result of the frequent formation of mixed teams, consisting of authors with theoretical and practical background, a close link between these disciplines occurs.
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