{"product_id":"ways-out-of-the-working-capital-trap-empowering-self-financing-growth-through-modern-supply-management-9783642172700","title":"Ways Out of the Working Capital Trap: Empowering Self-Financing Growth Through Modern Supply Management","description":"\u003cp\u003e • Author(s): Erik Hofmann | Daniel Maucher | Sabrina Piesker\u003cbr\u003e • Publisher: Springer\u003cbr\u003e • Publisher Imprint: Springer\u003cbr\u003e • BISAC: Corporate Finance - General\u003c\/p\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003eEspecially 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. \u003c\/p\u003e\u003cp\u003eThis 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 to the amount of capital committed to the flow of goods and to the amount of in-house financing possible. Subsequently, methods for consolidating in-house financing that are affected by procurement processes will be presented from the company's and the supply chain's perspective. \u003c\/p\u003e\u003cp\u003eFrom a company's perspective, the methods for consolidating the amount of in-house financing over the following topics: The Management of Payment Terms, Inventory Management and Product Group and Supplier Management \u003c\/p\u003e\u003cp\u003eFrom the supply chain's perspective, the following methods for extending the possible amount of in-house financing will be discussed: Finance-Oriented Supply Chain Sourcing, Supply Chain-Oriented Supplier Financing, Collaborative Cash-to-Cash Management, Collaborative Cash Pooling and Netting, Supply Chain Financing Platforms.\u003c\/p\u003e\u003cp\u003eThe conceptual models will be clarified using a practical example from the automobile industry. Finally, the \"Procurement Value Added\" (PVA(c)) approach will be presented, a concept that measures the contribution of procurement to the company's success.\u003c\/p\u003e","brand":"Springer","offers":[{"title":"Hardcover","offer_id":47602414256279,"sku":"9783642172700","price":5658.0,"currency_code":"INR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0666\/3471\/1191\/files\/9783642172700.webp?v=1775011242","url":"https:\/\/atlanticbooks.com\/products\/ways-out-of-the-working-capital-trap-empowering-self-financing-growth-through-modern-supply-management-9783642172700","provider":"Atlantic Books","version":"1.0","type":"link"}