Research On Working Capital Management Performance Under The Background Of Two-vote System

In recent years,in order to effectively solve the problems of "difficult to see a doctor" and "expensive to see a doctor" in China,the reform of medical and health system has been continuously deepened.In April 2016,the General O ffice of the State Council formally proposed to implement the "two-vote system" in the pilot provinces of medical reform,and issued a notice on the implementation of the "two-vote system" by early January 2017,and then launched it nationwide in 2018.The " two-vote system" is conducive to compressing the circulation of drugs,cracking down on illegal activities such as "ticketing",regulating the order of circulation,reducing the price of drugs to a certain extent,increasing the concentration of the drug circulation industry,and reshaping the supply of pharmaceutical circulation The chain has profoundly affected drug manufacturers,drug distributors and public medical institutions.This article selects the private company leader Join town in the pharmaceutical distribution industry as the case object.For pharmaceutical distribution companies,capital flow is very important.Working capital determines whether the company can survive,so it chooses to analyze its operation management.This paper combines working capital management theory,supply chain management theory,and stakeholder theory,and comprehensively uses the literature analysis method,comparative research method,and case study method to analyze the effect of Join town working capital management under the "two-vote system".First of all,it analyzes the opportunities and challenges that Join town faces after implementing the "two-vote system".Secondly under the background of "two-vote system",under the guidance of supply chain management theory,the working capital management of Join town was analyzed.Finally,the effect of working capital management was studied.The working capital management effect of Join town is not satisfactory,such as the mutual occupation of working capital with the upstream and downstream of the supply chain.O nce one of the funds chain breaks,it will have an adverse impact on the entire d rug circulation In this regard,put forward some targeted suggestions,and also provide a reference for the working capital management of other pharmaceutical circulation companies.