{"product_id":"9783642267659","title":"Professional Supply Management: Empowering Self-Financing Growth Through Modern Supply Management","description":"\u003ch1\u003eProfessional Supply Management: Empowering Self-Financing Growth Through Modern Supply Management\u003c\/h1\u003e \u003ch2\u003eHofmann, Erik; Maucher, Daniel; Piesker, Sabrina; Richter, Philipp\u003c\/h2\u003e \u003cp\u003e\u003c\/p\u003e\u003cp\u003eEspecially in times of an economic boom following a crisis, companies have to deal with the phenomenon of the \"working capital trap,\" which signifies a company's increasing need for financial liquidity in times of hindered access to debt capital, caused by the increasingly restrictive credit approval processes of financial institutions. As a consequence of cost savings, this situation is often reinforced by a low level of inventory. \u003c\/p\u003e\u003cp\u003eThis book takes up the problem and shows ways of escaping the \"trap\" by identifying and strengthening in-house financing potential. First, different operating ratios will be introduced. These refer to the amount of capital committed to the flow of goods and to the amount of in-house financing possible. Subsequently, methods for consolidating in-house financing that are affected by procurement processes will be presented from the company's and the supply chain's perspective. \u003c\/p\u003e\u003cp\u003eFrom a company's perspective, the methods for consolidating the amount of in-house financing over the following topics: The Management of Payment Terms, Inventory Management and Product Group and Supplier Management \u003c\/p\u003e\u003cp\u003eFrom the supply chain's perspective, the following methods for extending the possible amount of in-house financing will be discussed: Finance-Oriented Supply Chain Sourcing, Supply Chain-Oriented Supplier Financing, Collaborative Cash-to-Cash Management, Collaborative Cash Pooling and Netting, Supply Chain Financing Platforms.\u003c\/p\u003e\u003cp\u003eThe conceptual models will be clarified using a practical example from the automobile industry. Finally, the \"Procurement Value Added\" (PVA©) approach will be presented, a concept that measures the contribution of procurement to the company's success.\u003c\/p\u003e \u003ch3\u003eDetails\u003c\/h3\u003e \u003cp\u003ePublished by: Springer\u003c\/p\u003e \u003cp\u003ePublication Date: 2013-05-29\u003c\/p\u003e \u003cp\u003eFormat: Paperback\u003c\/p\u003e \u003cp\u003eISBN-13: 9783642267659\u003c\/p\u003e \u003cp\u003eDOI: 10.1007\/978-3-642-17271-7\u003c\/p\u003e \u003cp\u003eDimensions: 235cm x155cm\u003c\/p\u003e \u003cp\u003ePages: 94\u003c\/p\u003e ","brand":"Springer Berlin Heidelberg","offers":[{"title":"Default Title","offer_id":45583400468620,"sku":"9783642267659","price":49.49,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0710\/9545\/1788\/files\/9783642267659.jpg?v=1776517655","url":"https:\/\/fh90cf-fv.myshopify.com\/products\/9783642267659","provider":"Late Knight Books and Services, LLC","version":"1.0","type":"link"}