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Tag: working capital

Procurement management

How Procurement Can Optimize Operating Capital with A, B and C Management

Operating capital (working capital) becomes a procurement issue when cash is tied up in purchased materials, advance payments, unfinished supplier work, excess commitments, or inefficient payment processes. For a procurement manager, the objective is not simply to reduce inventory or delay supplier payments. The objective is to release cash without creating supply interruptions, quality problems, higher…

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