Study on Working Capital Management of Huber Company
|Keywords||Multi-national company Working capital management Solution|
Working capital is the one of key resources of a company to achieve its short term operation target, it determines whether a company can keep the normal operation or not. Working capital management is not only a matter of financial management of a company, but also it’s a matter that impacts all of aspects of the company’s operation. The purpose of working capital management is to keep the liquidation of a company, to reduce the operation risk and to increase the value of a company.Especially, after the financial crisis of 2008, more and more enterprises put more attention on how to enhance the working capital management to secure the liquidation and reduce short term operation risk.The paper is trying to find out the weakness of the current working capital management system in Huber company, through analyzing the whole process of company operation, and then based on the working capital management theory, it reviews and analyzes the detailed problems one by one.In the end, the paper provides the solutions to the corresponding weakness of the current working capital management system, throughout the operation process of commercial process, supply chain process and purchase process.