Research On Nanning Departmen Management Of Working Capital

Working capital is an important part of enterprise liquid assets,Provide funding to maintain the normal operation of business.You can say that,If there is something wrong with the enterprise's capital chain,but managers failed to find or remedy,that will make the enterprise emergency or even bankruptcy.Company attaches great importance to the management of working capital,not only to ensure the safety of enterprise funds,reduce the management risk,but also to allocate funds in the enterprise management in all kinds of business,use the limited funds to obtain the biggest benefit for the enterprise.Working capital itself has a wide range,great mobility characteristics.Enterprise management and research scholars at home and abroad has been committed to improve the enterprise working capital management performance of research for many years,formed a relatively complete theoretical system.But when the working capital management theory knowledge application in specific enterprise management,must be according to the enterprise industry background and its own operating characteristics,to analyze the specific problems of specific enterprise,and then put forward the proposal for enterprise actual operation and management.Department store retail business characteristics require companies to keep large amount of money to sustain business daily business activities.The stand or fall of working capital management but also have a direct impact on enterprise performance.In addition,the electronic commerce rapid development in recent years,bring greater competition pressure to the entity department store.Many retail enterprises closing in the rise of e-commerce new wave.Due to the external competition environment and the industry's own characteristics,general merchandise retail enterprises improve working capital management performance,to explore a new way is imminent.In Nanning department store for case study,this article combined with the working capital management theory knowledge,analysising Nanning department of financial data from 2010 to 2015,combing the six years of working capital management status.Including working capital financing and investment policies,is the source and go of working capital.And evaluate Nanning department performance management of working capital from the "elements" and "channel" two angles.The study found that Nanning department working capital financing and investment policies more radical,and the management of working capital performance decline.In order to solve the problem existed in Nanning department management of working capita,the author according to the actual operation situation of Nanning department puts forward the following Suggestions:Adjust the enterprise financing strategy to reduce the risk of working capital management;For scientific inventory management to improve the efficiency of inventory turmover;Develop good relationship with suppliers to optimize the procurement channels of working capital management performance;Development of the whole channel management model to enhance the customer shopping experience.