- Complete a working capital benchmarking exercise to compare performance against peers and identify potential improvement opportunities
- Perform a diagnostic review to identify ‘quick wins’ and longer-term working capital improvement opportunities
- Development of detailed action plans for implementation to generate cash and make sustainable improvements
- Assist the implementation of sustainable working capital reduction by robust, efficient and collaborative processes, through focus on the key levers:
Activities
- External and internal benchmarking using best practice analysis
- Identification of working capital optimisation potential
- Project definition
Activities
- Analysis of processes and procedures
- Management interviews, site visits
- Working capital potential quantification and validation of selected areas
- Identification of relevant measures
- Development of high level implementation plan
Activities
- Implementation of quick wins and short-term measures
- Action plan development
- Develop reporting (KPIs) and target setting
- Develop training / awareness programme
- Develop negotiation toolkits and monitoring approach
- Update T&Cs
- Policies and procedures
Activities
- Support with implementation of the revised structure, processes, policies and tools
- Embed the changes through a programme of training, coaching and communications;
- Monitor progress and contribute to ongoing Steering Group meetings
Working capital is one of the most significant investments a business can make. It can also be one of the least efficient. In profitable businesses, this inefficiency is often hidden. But when times are tough, poor working capital management may lead to a company becoming financially stressed or distressed.
Most companies can release significant amounts of cash from their balance sheets by managing working capital more actively. In these times of economic uncertainty and reduced access to credit, this is the cheapest source of funds and it is available to most businesses.
SRCA Expert team is the specialized for providing the world class advisory regarding Working Capital Management.
Our advisors have many years of experience at delivering world class working capital performance both as consultants and from time spent in Industry.
Increase your company’s value through professional Working Capital Management
The fundamental principles of Working Capital are clear: reduce inventory and receivables whilst increasing payables balances. But many companies find it hard to optimise working capital. Our specialists provide you with dedicated expert resources to help drive cross-functional working capital improvements, keeping you free to deal with the everyday challenges of running a business.
SRCA initiatives release working capital and increase liquidity that can be used for strategic investments or the reduction of debt. In addition, profitability is enhanced due to an efficiency improvement within the processes and a reduction in cost of capital. Considering all of these effects, improving working capital inevitably leads to a sustainable increase on Economic Profit / ROCE and therefore to a higher corporate value.
Working capital is one of the most significant investments a business can make.
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