Abstract
The importance of working capital for a company’s success has long been known. Thus, Lough wrote more than 90 years ago:
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Notes
- 1.
Cf. Lough (1917, p. 355).
- 2.
Cf. Smith (1974, p. 4 et seq.).
- 3.
Cf. Stewart (1995, p. 43).
- 4.
Cf. Supply-Chain Council (2006, p. 22).
- 5.
Cf. Schall and Haley (1991, p. 696).
- 6.
- 7.
Cf. Seuring and Goldbach (2002, p. 171).
- 8.
Cf. Nicholas et al. (2000, p. 237 et seq.).
- 9.
Cf. Soufani (2002, p. 21 et seq.).
- 10.
Cf. Leijdekker (2002, p. 25 et seq.).
- 11.
Cf. Ouyang et al. (2005, p. 290 et seq.).
- 12.
Cf. Tayles and Drury (2001, p. 605 et seq.).
- 13.
The bullwhip effect describes fluctuations in stocks of order quantities along a distribution chain. Reasons for it might be planning uncertainties and lack of information about downstream levels concerning actual demand (cf. Lee et al. 1997, p. 546 et seq.).
- 14.
Cf. Arora et al. (2010, p. 39).
- 15.
Cf. Hutchins (1999, p. 6 et seq.).
- 16.
Cf. Apte and Viswanathan (2000, p. 291 et seq.).
- 17.
Cf. Kelle and Silver (2006, p. 725 et seq.).
- 18.
Cf. Schwartz et al. (2006, p. 1311 et seq.).
- 19.
Cf. Morgan (2004, p. 13 et seq.).
- 20.
Cf. Schotanus et al. (2005, p. 135 et seq.).
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Hofmann, E., Maucher, D., Piesker, S., Richter, P. (2011). Strengthening Internal Financing Power Using Cash-to-Cash Cycle Optimization. In: Ways Out of the Working Capital Trap. Professional Supply Management, vol 1. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-17271-7_3
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