Working Capital

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Procurement organisations are largely focused – and incentivised – entirely by EBITDA, but while the benefits from reducing costs usually takes a year or more to deliver, working capital gains can be achieved almost immediately, and with relatively little effort. All it requires is some alignment of the procurement function with its supply chain and a clear supplier strategy. Thibault Depoix, senior manager at Efficio, discusses the best approach to take to improve your working capital and the pitfalls to avoid.

Working Capital