Study On Working Capital Management Of Z Company Based On The Theory Of Channels

Working capital is the fundamental health of the operation, Closely related to the controlof working capital and the survival and development of business, nonetheless its importancehas not yet been widely found out, Most companies still zeroed in terms of inventory,accounts receivable and other working capital in order to achieve management. With the neweconomic situation change, some of the new ideas being applied to the management ofworking capital, these new ideas largely improved the working capital managementperformance, the impact of the traditional management methods. Therefore, these newmodern enterprise management methods into working capital management which, combinedwith the operations phase, the funds reclassified to establish a channel management is thefocus of working capital management framework, and applied to listed companies to promoteworking capital management innovation theory and methods.In this paper, the actual situation of Z ’s, for example, the combination of theory andactual operation, earliest recommend the backdrop and actuality of domestic and foreignresearch topics; Then analyzes the theoretical tradition of working capital management ofworking capital management theory and channel mode, focusing on the working capitalmanagement strategy channel model, classification, introducing the concept of channelmanagement differences and merits and shortcoming of the meaning and the two theories;Followed by the introduction of Z Company, introduced the basic situation of the company,working capital management status, and currently the company ’s working capitalmanagement conducted an evaluation, analyzes the major issue exist Z operation capitalmanagement and the establishment of working channel model the need for capitalmanagement. On this basis, according to the pattern and design feature of the channel modelunder the principle of working capital, respectively, from the procurement chain, productionprocesses, marketing aspects of starting to build the structure and working capitalmanagement structure of the company’s performance appraisal channel mode. Finally, thepaper discusses the implementation of safeguards channel theory Z Company operationcapital administrate, and made a summary of the full text. This paper aims to draw on channels Z theory to design the company’s operation fundadministrate frame to improve the company’s existing fund management level, Meanwhile,the use of the model have some reference value for the management of other enterprise funds.