how can one give recommendations to a company regarding it's working capital management?

Question

regarding receivables management, regarding inventory management, regarding cash management, regarding raising of bank finance and other sources of funds for a company

Answer 1

I would suppose that depends on what department of the company you are in. What role do you play? What is your standing within the company structure? If you think they are wasting or hiding funds, it would be difficult to say. You get my drift?? Like Enron?? BUT, if you have a bill of goods to sell, get your prospectus or proposal in line with your thoughts, set up an appointment with finance and see what they say. All they can do is say something like, "oh, well, we've got that, and this and that covered already. But thanks for your time." They'll give you one of their sweaty palm handshakes, but you'll leave that proposal on their desk anyway. Even if you can't get to first base with them, they will not forget what you put on paper and your ability to present the information you have. It may not show up for a time, but somewhere down the line when another issue comes up, they'll remember that 'someone' had addressed that situation a while back. Then they'll start hunting through their files to take another look...and guess who's name will be on it? Hope that helped.

Answer 2

operating capital is needed for any orgainsation it really is the present sources -present day liabilities and the financiing of an similar. your project ought to take in the financing of operating capital from bak on the coolest lending cost. aside as a finance manager how do you keep the point of operating capital to optimal aspect by skill of conserving tab on inventory and receivables on the budgeted aspect by skill of controllingthe sales advertising branch to keep an similar at minimum. also to ensure that plant keep uncooked fabric inventory aspect at excellent aspect with administration on fabric procurement at a sturdy cost with proper credit aspect.