Working Capital Optimisation and Cash Flow Management | Nelson Croom

In the modern financial world it is vital to appreciate the complex relationships between any organisation's many functions. These relationships need to be understood right from when strategies are "rolled out" regarding cash flow through to when cash is actually received or paid.

Working Capital Optimisation and Cash Flow Management looks at how Working Capital Optimisation and Cash Flow Management works through supply and reverse supply chains, inventory, and demand chain transformation.

Working Capital Optimisation and Cash Flow Management is part of Nelson Croom's Issues and Debates suite of learning. Issues and Debates courses stimulate intelligent dialogue and debate and provide a valuable and evolving resource of professional knowledge and experience. These courses are topical, practical and highly relevant to today's changing market. Each module is split into two activities: Understanding the issues and Putting it into practice. The first encourages you to think about a topic, drawing on your own professional experience and knowledge. The second helps you to put ideas and/or theories into practice as part of your day-to-day work.

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Working Capital Optimisation and Cash Flow Management enables the learner to:

Look at various aspects of the supply chain including commercial terms, discount structures, payment scenarios, and rights of lien and asset ownership
Understand how to minimise work in progress as it can take up space and shorten shelf life and represents uninvestable capital
Monitor and analyse stock to avoid it becoming a liability
Consider the use of the demand chain, such as commercial terms, compliance to these terms and credit rating agencies
Understand the reverse supply chain, the "green agenda" and corporate social responsibility

Learning outcomes

Supply Chain

What is the supply chain?

Valuing your suppliers

Commercial terms with suppliers

Payment scenarios

Developing discount structures

Applying payment scenarios to different suppliers

Reverse factoring

Work in Progress

What is work in progress?

Calculation and policies regarding revenue recognition

Expenses and overheads

Provisions

Cash milestone payments

Stock

What is stock?

Provisions - obsolescence and degradation

Valuation

Returns to suppliers

Demand Chain

What is the demand chain?

Commercial terms of orders

How orders should be won through a bid/no bid process

The compliance to orders terms

Financing of debtors

Credit rating agencies, reports and categorisation

Reverse Supply Chain

What is the reverse supply chain?

The "green agenda" - recycling, landfill, refurbishment & environmental

pollution

Corporate social responsibility

Target audience

This course is designed to appeal to accounting and finance professionals working at all levels.

About the Author

John is the entrusted freelance facilitator and founder of CashPerform Limited a company that develops strategic and operational efficiency in the Cash Conversion Cycle.

Prior to this John was Finance Director of Parsons Group International and part of ABB's executive management team where he supported the transition phases required of acquired companies to become compliant with ABB's ethos and culture as it built to be the largest engineering company in the world.