Working Capital Management
Co-Authored by GPMIP Partner, Guenther Jauck
Purchase the book here in English
Purchase the book here
This guideline aims to support the successful and sustained optimisation of working capital.
It provides concrete recommendations for the three core elements of:
- Inventories,
- Receivables and
- Payables.
As process control is the key to good working capital management, and because the
relevant processes impact the essential functional areas of a company in a way that might
lead to conflicts, process management and potential areas of conflict receive a focus of
elaboration.
The guideline results from a nearly 3-year discussion and work process by the Working
Capital Management Expert Group of the Internationaler Controller Verein.