Deloitte Consulting has published a new report (you can access/download the report here) that outlines ten suggestions for squeezing more working capital from your supply chain.  The ten suggestions are (the report provides more detail on each of these):

1. Focus on the cash-to-cash conversion cycle
2. Think like a CFO
3. Focus on inventory reduction (a theme I’ve been hitting on here and here)
4. Extend payables, intelligently
5. Manage and expedite receivables
6. Audit payables and receivables transactions
7. Consider alternate supply chain financing options
8. Ensure you have a robust framework for managing supply chain risk (another frequented topic here and here)
9. Eliminate fixed costs
10. Think beyond your four walls

Worth checking out.

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Tags: Inventory, Supply chain management
Posted in Best practices, Supply chain management
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