Relevance of WCM and Its Weaknesses

Part of the SpringerBriefs in Business book series (BRIEFSBUSINESS)


Working capital and the cash-to-cash cycle are important indicators to reveal supply chain efficiencies. Thereby, the objective is to balance and optimize the amount of working capital to successfully manage a company. Until recently traditional approaches were used to improve working capital mainly focusing on a single company. In contrast, the Supply Chain Finance approach provides opportunities to improve working capital for all parties involved in a supply chain.


Working capital management Enterprise value Accounts payables Accounts receivables Liquidity  Profitability Cash-to-cash cycle Prisoner's dilemma 


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© Springer-Verlag Berlin Heidelberg 2011

Authors and Affiliations

  1. 1.Chair of Logistics Management (LOG-HSG)University of St.GallenSt. GallenSwitzerland
  2. 2.Sumitomo Mitsui Banking Corporation Europe LtdLondonUK

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