The Research On Working Capital Management Optimization Of X Machinery Company Based On Supply Chain

Working capital plays an incomparable role in the production,operation and development of the enterprises.Without the support of working capital,just like a fish left the water,normal survival and succession of the enterprises will become a fantasy.Working capital management is an extremely important part of modern financial management,whether the working capital management can be carried out scientifically and reasonably or not,relates to the lifeline of the sustainable and sound development of the enterprises.Only the operation,circulation,turnover,and recycling of working capital are well-functioning,can the whole production and operation cycle be carried out in an orderly manner.Integrate the supply chain thinking into the enterprise’s working capital management,and from a strategic perspective,build a management model covering the whole process of procurement,production,and marketing.This will help enterprises improve the performance of working capital management and enhance their core comprehensive competitiveness.Based on the oretical analysis and case study,this thesis makes a comprehensive and systematic research on the optimization of X Machinery Company’s working capital management.On the basis of relevant research results,firstly,we briefly expound the theory of working capital management and supply chain management,as the theoretical weapon of working capital management based on supply chain strategic alliance of X Machinery Company.Then,we comprehensive depict the working capital management status quo of X Machinery Company,carefully analysis of the existing problems,and try to explore the underlying reasons.Finally,for the problems of X Machinery Company,we build a new model on working capital management,which is based on the supply chain,the "cash is king" oriented,comprehensive strengthen the risk control,and comprehensive reform the performance evaluation.At the same time,put forward optimization measures from the procurement,production and marketing channels.We design a blueprint on working capital management optimization for X Machinery Company.The concept of working capital management based on the supply chain promoted by this article will effectively help enterprises to improve the level of working capital management,so that they can better face the future and develop healthily.It is sound,practical,and feasible for X Machinery Company and so the entire industry.From practice to practice,we can conduct research and solve problems in a pragmatic and down-to-earth manner.