000 04329nam a22004935i 4500
001 978-3-642-17271-7
003 DE-He213
005 20140220083750.0
007 cr nn 008mamaa
008 110331s2011 gw | s |||| 0|eng d
020 _a9783642172717
_9978-3-642-17271-7
024 7 _a10.1007/978-3-642-17271-7
_2doi
050 4 _aHD28-70
072 7 _aKJMV5
_2bicssc
072 7 _aKJMV8
_2bicssc
072 7 _aBUS087000
_2bisacsh
082 0 4 _a658.5
_223
100 1 _aHofmann, Erik.
_eauthor.
245 1 0 _aWays Out of the Working Capital Trap
_h[electronic resource] :
_bEmpowering Self-Financing Growth Through Modern Supply Management /
_cby Erik Hofmann, Daniel Maucher, Sabrina Piesker, Philipp Richter.
264 1 _aBerlin, Heidelberg :
_bSpringer Berlin Heidelberg,
_c2011.
300 _aX, 94 p.
_bonline resource.
336 _atext
_btxt
_2rdacontent
337 _acomputer
_bc
_2rdamedia
338 _aonline resource
_bcr
_2rdacarrier
347 _atext file
_bPDF
_2rda
490 1 _aProfessional Supply Management ;
_v1
505 0 _aCall for Action: From Financial and Economic Crisis to Working Capital Trap -- Determination of the Internal Financing Power of Corporate Growth via the Self-Financeable Growth Rate -- Strengthening Internal Financing Power using Cash-to-cash Cycle Optimization -- Measures for Strengthening Internal Financing Power from a Corporate Viewpoint -- Measures for Strengthening Internal Financing Power from a Supply Chain Viewpoint -- Case Study: Increasing Internal Financing Power of a Supplier in the Automotive Industry -- Measuring Procurement Contribution to Corporate Performance using the "Procurement Value Added" -- Conclusion -- Summary -- Outlook -- Literature.
520 _aEspecially 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 •             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.
650 0 _aEconomics.
650 0 _aBusiness planning.
650 1 4 _aEconomics/Management Science.
650 2 4 _aProduction/Logistics/Supply Chain Management.
650 2 4 _aOrganization/Planning.
700 1 _aMaucher, Daniel.
_eauthor.
700 1 _aPiesker, Sabrina.
_eauthor.
700 1 _aRichter, Philipp.
_eauthor.
710 2 _aSpringerLink (Online service)
773 0 _tSpringer eBooks
776 0 8 _iPrinted edition:
_z9783642172700
830 0 _aProfessional Supply Management ;
_v1
856 4 0 _uhttp://dx.doi.org/10.1007/978-3-642-17271-7
912 _aZDB-2-SBE
999 _c107232
_d107232