OPTIMAL MANAGEMENT OF WORKING CAPITAL

Tickets
From ₦ 123,625.00 to ₦ 182,750.00
× Tickets
Live-Online Training:
₦ 123,625.00 123625.0 NGN
Classroom Training:
₦ 182,750.00 182750.0 NGN

Live-Online Training: N 123,625
Classroom Training: N 182,750
3 - 4 participants: 5% discount
5 or more participants: 10% discount

(Available also for Customised Training by Duration, Venue & Fee)

Programme Description

This course teaches participants the significance of Working Capital Management as the tool or managerial accounting strategy to guarantee the efficiency of the business and its short-term financial health at all times. Positive working capital is required to ensure that an enterprise is able to continue its operations, and has enough working capital at any one time to meet short-term obligations, like buying inventory or covering payroll, paying its loans, etc.

Participants will also learn how Working Capital Management structures the working capital cycle. The longer the working capital cycle is, the longer a business is tying up capital without earning a return on it to keep the business sustainable.

Course Contents

DAY ONE

Introduction

  • Importance of Working Capital Management
  • Cash flow and profit relationship
  • Risk and return trade-off.

The Working Capital Cycle Basics

  • Cash conversion Cycle
  • Inventory
  • Debtors and account receivables
  • Creditors and account payables.

Working Capital Optimization Best Practice

  • Economic order quantity
  • Process improvement
  • Credit control
  • Stock control techniques
    • ABC
    • VED
    • SDE
    • MRP
    • JIT
  • Debtor management and its costs
  • Outsourcing of debt management.

DAY TWO

Financing Working Capital

  • Bank current lines
  • Supplier financing
  • Alternative receivables funding.

Technology Solutions

  • Payment systems.

Date & Time
Thursday
July 25, 2024
Start - 8:30 AM
Friday
July 26, 2024
End - 3:00 PM Africa/Lagos
Location

Tom Associates Training

5/7, Alade Lawal Street, Opposite Anthony Police Station, Off Ikorodu Road, Anthony Village,
NG-LA
Nigeria
+234 817 859 1654
+234 809 276 3968 | +234 810 365 2225
tomassociatestraining@yahoo.com | info@tomassociatesng.com
Get the direction
Organizer

Tom Associates Training

+234 817 859 1654
+234 809 276 3968 | +234 810 365 2225
tomassociatestraining@yahoo.com | info@tomassociatesng.com