| Working capital management is the core of enterprise financial management is the basic guarantee of production and operation activities.Market competition intensifying,the economic situation of the changing of working capital management of the enterprise put forward higher requirements.But the traditional working capital management theory both from the aspects of performance evaluation,implementation strategy and so on have been unable to adapt to the current challenges and crises.Traditional working capital management performance research on the quantitative analysis of elements of working capital,thus ignoring the elements and the relationship between enterprise the whole operation process,is not conducive to enterprise enhance the level of working capital management as a whole.Introducing the channel management theory of working capital management theory system,the enterprise by improving the channel structure,channel relationship maintenance,strengthening the control of channel members,can improve the efficiency of working capital management as a whole.Equipment manufacturing industry is the main body of the national economy,is the kingdom,the power.In May 2015 of the state council issued a "made in China 2025",highlights the important status of the equipment manufacturing industry.The equipment manufacturing industry belongs to the typical capital-intensive industry,so in the enterprise development,working capital management efficiency is the key.In this paper,through literature reviewsummarizes related research dynamic of working capital,working capital is analyzed on the related theory,and the mechanism of the channel management of working capital management performance,then according to the working capital in purchasing,production,marketing channels of distribution,to reclassify trading gold,working capital management performance evaluation based on the theory of the channel as the theoretical basis of the full text writing.And through the introduction of working capital management of listed companies in China in the database management of working capital performance ranking leading equipment manufacturing enterprises-W company as the research case,channel management evaluation system,analyzes its in daily production and business operation activities of each channel of working capital management performance.Mining and summarizes the successful experience of W company working capital management and the insufficiency,based on how to further perfect channel made a preliminary study of the management of working capital,in order to provide reference for other enterprises in the equipment manufacturing industry in. |
