Download or read book Ways Out of the Working Capital Trap written by Erik Hofmann and published by Springer Science & Business Media. This book was released on 2011-04-01 with total page 100 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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 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. From 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 From 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. The conceptual models will be clarified using a practical example from the automobile industry. Finally, the "Procurement Value Added" (PVA©) approach will be presented, a concept that measures the contribution of procurement to the company's success.
Download or read book A Theory of Working Capital Mix written by A Theory of Working Capital Mix and published by Exceller Books. This book was released on with total page 201 pages. Available in PDF, EPUB and Kindle. Book excerpt: The motive of writing an academic book on working capital practices is to explore and uncover a new dimension in this field. By conducting in-depth research and analysis, the book aims to delve deeper into the subject matter and reveal aspects that have been underrepresented or not extensively studied in existing literature. The goal is to contribute fresh insights, methodologies, or approaches related to working capital management, thereby advancing the understanding and knowledge in this domain. By presenting this new dimension, the book seeks to add value to the academic literature and benefit students, researchers, and practitioners in the field of finance and business management. Ultimately, the aim is to push the boundaries of knowledge, inspire further research, and foster more effective working capital practices for businesses and organizations.
Download or read book Supply Chain Finance Solutions written by Erik Hofmann and published by Springer Science & Business Media. This book was released on 2011-03-28 with total page 91 pages. Available in PDF, EPUB and Kindle. Book excerpt: The book “Supply Chain Finance Solutions” offers orientation in the new discipline of Supply Chain Finance (SCF) by investigating the need for and nature of SCF, along with its characteristics and enablers. Due to the novelty of the Supply Chain Finance approach, there are still many knowledge gaps. This lack of research leads to uncertainties about the successful implementation of SCF solutions within companies as there is little quantified evidence on the achievable cost savings and other potential benefits. The authors close this gap by providing the latest information on business concepts and the SCF market. Based on a sample SCF model, the worldwide market size for such solutions and potential cost savings to companies engaged in SCF are analyzed. The work underlines the generally agreed-upon attractiveness and future relevance of SCF solutions by creating win-win situations; for all actors in the end-to-end supply chain as well as for external service providers.
Download or read book Capital Equipment Purchasing written by Erik Hofmann and published by Springer Science & Business Media. This book was released on 2012-04-23 with total page 125 pages. Available in PDF, EPUB and Kindle. Book excerpt: Compared to other main groups of procurement, capital equipment features numerous characteristics that significantly impact the purchasing process. The process of purchasing capital equipment therefore requires specific attention and above all a systematic approach. To overcome these challenges, a holistic process model and specific tools and methods for capital equipment purchasing are presented. The following topics regarding capital equipment purchasing are presented: • Compliance management • Savings measurement • Life cycle costs and total cost of ownership • Determining the optimum useful life and replacement time • Real options approach for the evaluation of investment alternatives • Performance contracting Readers are provided with a comprehensive and structured process model for capital equipment purchasing. The comprehensive set of methods including various instruments and methods presented in this book support the establishment of a professional capital equipment purchasing process.
Download or read book International Encyclopedia of Transportation written by and published by Elsevier. This book was released on 2021-05-13 with total page 4418 pages. Available in PDF, EPUB and Kindle. Book excerpt: In an increasingly globalised world, despite reductions in costs and time, transportation has become even more important as a facilitator of economic and human interaction; this is reflected in technical advances in transportation systems, increasing interest in how transportation interacts with society and the need to provide novel approaches to understanding its impacts. This has become particularly acute with the impact that Covid-19 has had on transportation across the world, at local, national and international levels. Encyclopedia of Transportation, Seven Volume Set - containing almost 600 articles - brings a cross-cutting and integrated approach to all aspects of transportation from a variety of interdisciplinary fields including engineering, operations research, economics, geography and sociology in order to understand the changes taking place. Emphasising the interaction between these different aspects of research, it offers new solutions to modern-day problems related to transportation. Each of its nine sections is based around familiar themes, but brings together the views of experts from different disciplinary perspectives. Each section is edited by a subject expert who has commissioned articles from a range of authors representing different disciplines, different parts of the world and different social perspectives. The nine sections are structured around the following themes: Transport Modes; Freight Transport and Logistics; Transport Safety and Security; Transport Economics; Traffic Management; Transport Modelling and Data Management; Transport Policy and Planning; Transport Psychology; Sustainability and Health Issues in Transportation. Some articles provide a technical introduction to a topic whilst others provide a bridge between topics or a more future-oriented view of new research areas or challenges. The end result is a reference work that offers researchers and practitioners new approaches, new ways of thinking and novel solutions to problems. All-encompassing and expertly authored, this outstanding reference work will be essential reading for all students and researchers interested in transportation and its global impact in what is a very uncertain world. Provides a forward looking and integrated approach to transportation Updated with future technological impacts, such as self-driving vehicles, cyber-physical systems and big data analytics Includes comprehensive coverage Presents a worldwide approach, including sets of comparative studies and applications
Download or read book Performance Measurement and Incentive Systems in Purchasing written by Erik Hofmann and published by Springer Science & Business Media. This book was released on 2013-10-01 with total page 192 pages. Available in PDF, EPUB and Kindle. Book excerpt: In recent years, purchasing performance measurement have steadily gained in importance in theory and practice. Yet, in many cases, the focus still remains on cost items, especially savings. Moreover, reported performance ratios in purchasing are frequently called into question in terms of their amount and efficacy. Most of the time, there is no tie-in at all with staff compensations. To meet these and other challenges, this book presents a holistic approach for purchasing performance measurement and the incentive systems associated with it. The following topics are dealt with in detail: • Purchasing performance measurement on the level of commodity groups and the procurement organization • Supplier evaluation and performance measurement on the level of the buyer-supplier relationship • Comprehensive systems for purchasing performance measurement, such as the procurement value added and the purchasing balanced scorecard • Performance-oriented incentive systems and bonus payments for buyers, procurement organizations and suppliers Readers are thus provided with comprehensive guidelines for the implementation and realization of sustained performance measurement and incentivization in purchasing.
Download or read book New Perspectives on Supply and Distribution Chain Financing Case Studies from China and Europe written by Georg Baltes and published by BoD – Books on Demand. This book was released on 2015-02-16 with total page 398 pages. Available in PDF, EPUB and Kindle. Book excerpt: Globalization no longer means simply finding low-cost countries for sourcing, but has involved to include the opportunity for growth in Asia’s emerging domestic markets, specifically China. This development results in extended, truly global supply chains and thus places a higher pressure on working capital. Therefore, several definitions of Supply Chain Management already encompass financial aspects and demand a more integrated consideration of material, information, and financial flows within supply chains. However, more precise theory on “Supply Chain Financing” is understudied and initial implementation of related solutions in industry has only gained momentum during and after the economic and financial crises of 2008 and 2009. In contrast to traditional financial instruments for supply chains – for instance trade finance products which have been around for more than a century – Supply Chain Financing leverages larger and influential members of supply chains. These firms might, for instance, provide easier and cheaper access to financing for smaller supply chain members supporting their profitability through renegotiated and reduced purchasing prices. Echoing recent research results on supply chain risk management, other firms may prefer to take on a supply chain perspective and work on creating agile and resilient supply chains. In this context, Supply Chain Financing can be employed to ensure liquidity for crucial upstream and downstream supply chain partners thereby allowing a firm to effectively control risk while making the most of remaining growth opportunities in emerging markets like China!
Download or read book Corporate Financial Management written by Glen Arnold and published by Pearson UK. This book was released on 2019 with total page 1836 pages. Available in PDF, EPUB and Kindle. Book excerpt: Explore how finance theory works in practice with Corporate Financial Management, 6th edition. Find out how financial decisions are made within a firm, how projects are appraised to make investment decisions, how to evaluate risk and return, where to raise finance from and how, ultimately, to create value. Need extra support? Join over 10 million students benefiting from Pearson MyLabs. This title is supported by MyLab Finance, an online homework and tutorial system which can be used by students for self-directed study or instructors can choose to fully integrate this eLearning technology into.
Download or read book Financing the End to End Supply Chain written by Simon Templar and published by Kogan Page Publishers. This book was released on 2020-08-13 with total page 449 pages. Available in PDF, EPUB and Kindle. Book excerpt: Financing the End-to-End Supply Chain provides readers with a comprehensive understanding of the financial synergies across the supply chain. It demonstrates the importance of the strategic relationship between the physical supply of goods and services and the associated financial flows. The book provides a clear introduction, demonstrating the importance of the strategic relationship between supply chain and financial communities within an organization. This book links together treasury, banking, supply chain, systems, IT, and key stakeholders. Financing the End-to-End Supply Chain will help senior supply chain practitioners to build collaboration, improve relationships and enhance trust between supply chain partners. With its combination of theory and practice it tackles vital issues including physical, information and financial flows, and tailoring supply chain finance to individual organisations' circumstances. Recognizing that supply chain finance means different things in different countries, the authors also consider various initiatives to harmonize and develop cross-border financing as well as including an agenda for national and international policy makers. The new edition features interviews from SCF platform providers on how ecosystems are involved in supply chain finance, additional learning activities for students and new examples on working capital management.
Download or read book Anatomy Of Overtrading written by Kiran Sankar Chakraborty and published by Mittal Publications. This book was released on 2003 with total page 184 pages. Available in PDF, EPUB and Kindle. Book excerpt: Various Aspects Of Overtrading In Corporate Business Have Been Analysed In This Book.
Download or read book Mobility in a Globalised World 2012 written by Niels Biethahn and published by University of Bamberg Press. This book was released on 2014-03-27 with total page 281 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Supply Chain Finance written by Wendy Tate and published by Kogan Page Publishers. This book was released on 2018-12-03 with total page 281 pages. Available in PDF, EPUB and Kindle. Book excerpt: Supply Chain Finance is a contributed book looking at the two major perspectives of managing finance across the supply chain. The first is more short-term, focused on accounts payables and receivables. The second is a more overarching perspective, focused on working capital optimization in terms of inventory and asset management. It includes chapters from a variety of research perspectives, as well as from business and policymakers. The authors look at the benefits of the supply chain finance approach including reduction of working capital, access to more funding at lower costs, risk reduction, as well as an increase of trust, commitment, and profitability through the chain. Supply Chain Finance includes theory as well as practical case studies addressing advances in the area of supply chain finance. The editors and contributors look at how to design and implement supply chain finance in supply chains and examine what the future holds for this important area. Online supporting resources include self-test multiple-choice and essay questions for each chapter.
Download or read book Procurement Finance written by Bernardo Nicoletti and published by Springer. This book was released on 2018-12-24 with total page 385 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book presents a business model on how to structure the relationship between financial services and procurement. The need for new models is particularly important to support small and medium enterprises (SMEs) where there is an evident difficulty in accessing credit. Due to this context, innovative solutions must be introduced. The objective of this book is to determine how innovation can support the dynamic and volatile international context and the increasingly relevant function of procurement. It is becoming more and more important to take into account complex international transactions with notably long payment terms. Organizations need to manage the best way to handle the financial relationships and the risks related to credit provision and payments. This book presents an end-to-end support to procurement, including trade finance, supply chain finance, and related payments. In addition, the enterprises need to keep sufficient liquidity levels in the short and medium term. This is a constant challenge today, with the turbulence of financial markets and a continuing climate of economic uncertainty making it harder to obtain external funding. Businesses need to optimize the working capital. This can be done through the innovative concept of procurement finance, which allows SMEs to benefit by the new vision of collaborative procurement. This book provides several practical examples of advanced procurement finance solutions. It demonstrates how the use of process improvement and technology can help in overcoming the current financially difficult situation. In addition, based on the business model presented, the integrated approach to procurement finance allows sustainable solutions which will be of interest to academics, researchers, managers, and practitioners in both buyer and vendor companies, as well as in banks and other financial institutions.
Download or read book Logistics Management written by Hans-Christian Pfohl and published by Springer Nature. This book was released on 2023-04-22 with total page 400 pages. Available in PDF, EPUB and Kindle. Book excerpt: Based on the drivers of the development of logistics, the success factors of logistics management in excellent companies are analyzed. Logistics management in and between companies requires a change in thinking on the operational as well as on the strategic and normative level of action. The functions of logistics management are explained in detail and discussed with regard to their design. The explanations are based on the presentation of the interplay of the normative, strategic and operational levels of action and the contribution of logistics to the achievement of corporate objectives. Essential building blocks for the implementation of the logistics concept are strategic logistics planning and logistics controlling. In addition to the organizational and operational issues, supply chain management is becoming increasingly important for the interorganizational realization of the logistics concept: because it is precisely from cooperation and collaboration that additional potential for sustainable value enhancement of the company through logistics arises. In order to exploit these potentials, it is important to promote suitable employees in a targeted manner. Therefore, the book concludes with a consideration of the special aspects of personnel management in logistics. On the one hand, the book addresses the practitioner who wants to profitably implement the concepts presented here. On the other hand, it is aimed at lecturers at universities, colleges and academies to support their courses. Students who are interested in the management-related issues of logistics will receive valuable information for their studies and future professional activities.
Download or read book How to Avoid the Mommy Trap written by Julie Shields and published by Capital Books. This book was released on 2003 with total page 260 pages. Available in PDF, EPUB and Kindle. Book excerpt: The essential guide for mothers and potential mothers who want to share childrearing responsibilities with men.
Download or read book Ending Global Poverty written by Stephen C. Smith and published by St. Martin's Press. This book was released on 2015-03-17 with total page 288 pages. Available in PDF, EPUB and Kindle. Book excerpt: Over 800 million people suffer from chronic hunger, and over ten million children die each year from preventable causes. These may seem like overwhelming statistics, but as Stephen Smith shows in this call to arms, global poverty is something that we can and should solve within our lifetimes. Ending Global Poverty explores the various traps that keep people mired in poverty, traps like poor nutrition, illiteracy, lack of access to health care, and others and presents eight keys to escaping these traps. Smith gives readers the tools they need to help people overcome poverty and to determine what approaches are most effective in fighting it. For example, celebrities in commercials who encourage viewers to "adopt" a poor child really seem to care, but will sending money to these organizations do the most good? Smith explains how to make an informed decision. Grass-roots programs and organizations are helping people gain the capabilities they need to escape from poverty and this book highlights many of the most promising of these strategies in some of the poorest countries in the world, explaining what they do and what makes them effective.
Download or read book Co op written by Johnston Birchall and published by Manchester University Press. This book was released on 1994 with total page 232 pages. Available in PDF, EPUB and Kindle. Book excerpt: Covers the history of the cooperative movement in the United Kingdom from the beginning of the "Rochdale Pioneers" in 1844 to the establishment of the International Cooperative Alliance and the present day.
