Research On Working Capital Management Of E Company

In the process of enterprise operation and management,working capital exists in all aspects.As the key content of the normal management and operation of an enterprise,operation management has always been the top priority of enterprise management.Especially in the context of the current pandemic,the economic situation at home and abroad is becoming more and more complicated,and enterprises are facing more intense competition.Traditional working capital management has been unable to meet the requirements of the new era,and in recent years,research on operations management in academia has also begun.The introduction of the relevant content of the value chain has also become an important direction of practice in the academic and business circles.Analyzing working capital management from the perspective of the value chain can more comprehensively and scientifically summarize the problems of enterprise working capital management,improve the utilization rate of enterprise resources,and finally Promote the competitiveness of enterprises to be improved.Under the above background,this paper selects the private enterprise E in the food and beverage industry as the research object,and comprehensively adopts the methods of literature research,comparative analysis and case analysis to analyze the working capital management of the case company from different perspectives of the external and internal value chains.Combined with the data of the past five years,the current situation of capital management is summarized,and the relevant data of two companies with comparable and similar operating conditions in the food and beverage industry are compared horizontally,and the management status of the internal and external value chains of E company is analyzed.The status quo digs out the existing problems.This includes excessive capital occupation of raw material inventory in the procurement process,low management level,high cost,poor cooperation between upstream and downstream,and large accounts receivable balance of downstream customers.Finally,based on the value chain perspective,in view of the problem of E company’s working capital management,the corresponding optimization plan is put forward,including optimizing the procurement process,improving the production management level,increasing the R&D investment,flattening the channels,improving the construction of e-commerce channels,and improving the supply.The rating management system of the supplier and the establishment of a supplier management team with cross-departmental cooperation,improve the downstream customer management and improve the level of accounts receivable management,etc.This paper breaks the traditional working capital research model and conducts research on working capital from the perspective of value chain.The purpose is to optimize the value chain management and speed up the capital turnover,so as to realize the effective operation of the overall value chain of E company and enhance the working capital management of E company.level,so as to achieve the goal of maximizing enterprise value.At the same time,it provides a reference for working capital management in the food and beverage industry..