Research On The Performance Evaluation Of Working Capital Management In Yantang Dairy From The Perspective Of Supply Chai

The three-child birth limit has been liberalized by the Chinese government,giving the dairy sector new market opportunities once more.Players in the domestic dairy industry must vie for consumers in a fiercely competitive market,and the effects of foreign dairy brands on the Chinese market must also be closely monitored.In order to keep steady development,businesses must continuously concentrate on and improve their financial management rather than relying solely on successful operations.A working capital management strategy that is effective can reduce operating expenses and financial risks,boost working capital liquidity,create more growth possibilities for the company,and generally improve business processes.By comparing and analyzing various indicators and factors,businesses can more effectively manage their everyday operations from a supply chain viewpoint,emphasizing the supply chain’s overall coordination.Businesses can more easily identify and address working capital management issues by integrating financial indicators and business processes.This provides management with a fast and effective decision-making foundation for optimization solutions.This paper selects Yantang Dairy as its research topic,combines supply chain theory with working capital management theory,conducts case studies,comparative analyses,and literature reviews to examine the current state of the company’s working capital management.Through an examination of the connections between the supply chains for production,sales,and procurement as well as the commercial relationships between upstream and downstream related businesses,the problems and variables affecting Yantang Dairy’s working capital management are identified.Then,specific improvement recommendations are made.In order to ensure that optimization methods are implemented successfully,This article exhorts companies to implement supply chain management principles,enhance internal information sharing,and improve internal communication.Through this study,Yantang Dairy hopes to improve working capital management,decrease the use of capital that has no value,increase the working capital’s turnover efficiency,foster stronger ties between upstream and downstream businesses,and pursue the pursuit of maximizing enterprise value.In addition,it is anticipated that it will serve as a point of reference for the dairy industry’s working capital management.Optimizing working capital management will become essential in the new market conditions for businesses to better grasp opportunities and address challenges.