How to cement working capital management in your organization

performance gap, working capital management

Sustainable working capital management is not only about improving processes, having shiny-looking KPI reports in place, and fine-tuning your balance sheet. Working capital management is a cross-departmental discipline that poses particular challenges within your company’s organizational setup. Today, we want to take you through some ideas on how to establish working capital management as a foundation of your organization.

Philipp Flemming
By Philipp Flemming

What economic downturn can teach you about working capital management

performance gap, covid19, working capital management

In the last few months, we have seen how important liquidity is: as the COVID-19 crisis hit, a threat to the survival of many companies surfaced within the first few weeks. More than ever, this shows the importance of working capital management as an existential element to the financial health of your business. This article kicks off our series on working capital management. In the next weeks, we will take a deep dive into working capital management and its most important aspects. This week: the impact of economic downturn on working capital management.

Philipp Flemming
By Philipp Flemming

Product portfolio complexity

product portfolio, complexity, supply chain, performance gap

The product portfolio and complexity have the biggest impact on supply chain performance. A supply chain's purpose is to provide physical goods. The number of physical goods and their structure (number of raw materials, components, variants) determine directly the quality of forecast, the amount of safety stocks and the delivery performance.

Dr. Christoph Kilger
By Dr. Christoph Kilger
Supply Chain Brief