Research On Working Capital Management Of G Household Appliance Company Based On Supply Chain

Working capital runs through the whole life process of an enterprise like a chain,and the flow and turnover of working capital rely on the transmission of the chain to repeat and repeat.The chain seems trivial,it is shouldering the important mission of driving the normal operation of this big machine.Therefore,the management of working capital is the core of enterprise financial management.With the rapid development of economy,the competition in the commodity market is becoming increasingly fierce.The sufficient working capital and the effectiveness of its management have become the focus of enterprise management.Chinese home appliance manufacturing industry is the pillar industry of national economy development,but our country home appliance industry is facing products supply exceeds demand,update quickly,the lack of core competitiveness,such as severe situation,the large electric appliance enterprise inevitably open price war intensified,face the stress and strain of cost and profit,eventually going to decline the electrical appliances enterprise is not a few,so deal with electrical appliances industry operational crisis has become an urgent task.At this point,doing a good job of working capital management is to improve the home appliance industry chain of the core of wealth management efficiency.This paper is based on the research on the literature related to the working capital management of core enterprises in the supply chain,understanding the concept of reclassification of working capital,select G home appliance company as the research object,because of its supply chain management is typically in the home appliance industry,has a unique supplier quality management and inventory management system,manufacturing-according-to-sale production mode,regional sales distribution model and the third party logistics distribution system,compared with other domestic appliances enterprises,relatively more complete supply chain system,working capital management research is representative.In G electrical appliances company supply chain as the breakthrough point,sums up the present situation of G home appliance company working capital management and found the general problems of the management of working capital,and then to G home appliance company supply chain mode and advantages based on the analysis of the management method,further analysis each link of influence on the performance of supply chain management mechanism.Based on the theory of supply chain management and the management of working capital theory built a home appliance enterprise supply chain upstream procurement procedures,midstream and downstream production performance analysis and evaluation of marketing chain framework,in the home appliance of G company's supply chain management and working capital management performance data from 2014 to 2018,for example,and compared with the same industry enterprises,points out the insufficiencies of G home appliance company working capital management way,absorb the same industry outstanding enterprises working capital management experience,summed up the optimization Suggestions for case enterprise working capital management.The highlights of this paper are as follows: combined with the characteristics of supply chain management of home appliance enterprises,this paper discusses the impact of working capital management strategy of G home appliance company on the performance of working capital management.Based on the characteristics of supply chain management of G home appliance company,this paper explores a scheme to improve the performance of working capital management of G home appliance company.This new idea gets rid of the limitations of traditional financial management,and the evaluation of enterprise working capital management is more targeted.It is hoped that it can provide beneficial ideas to realize enterprise value in the home appliance industry,so as to promote the vigorous development of the industry.