Research On The Management Of Sichuan Changhong Working Capital From The Perspective Of Business Process

The daily operation of any enterprise is inseparable from the working capital management.As an important part of the financial management,it provides the basic guarantee for the operation and development of the enterprise.Yu Xuying,an expert,has compared the contents of financial management work at home and abroad and found that there are obvious differences between the content of financial management work in other countries and that in China,which is not only combined with production,operation and management in China.It is also linked to practical management.Professor Tang Guliang has also proposed that "to enhance the enterprise's own management strength,it is necessary to integrate the capital flow within the enterprise",which also laid a certain foundation for the combination of working capital management and business.Basics? In recent years,China's supply-side reform and development,at the same time,affected by the international situation is not optimistic,the economic situation presents a state of fluctuation.Based on this background,enterprises pay more and more attention to the management of working capital,and many enterprises even reduce the cost of production and operation by establishing a scientific and reasonable working capital management system,thus improving the operating efficiency of enterprises.Dell and Haier,for example,have both made large-scale optimizations on important business processes.Therefore,these enterprises,which successfully help themselves to improve the efficiency of working capital management by optimizing business processes,deserve us to study their experience in this field.With the theory of our countryWith the development of research,the research of working capital management combined with business process has become a hot research direction in recent years.With the change of the main social contradictions in our country,people's pursuit for a better life promotes the individual's needs to be diversified day by day.As an important part of the traditional manufacturing industry in China,the household appliance industry is still playing an important role.But there are still some problems in its development.Many home appliance manufacturers can not meet the current consumer demand,which leads to the overall development of home appliance industry.These problems put more and more pressure on the operation of home appliance manufacturing enterprises,and at the same time,they also put more and more pressure on enterprise working capital.Management puts forward higher requirements.In this paper,Sichuan Changhong is selected as the research object.The enterprise began to implement strategic upgrading in 2013.It has carried out a series of changes in manufacturing,intelligence,service,integration and so on,which is representative to a certain extent.Of course,working capital management has been deepened,but many problems have gradually emerged along with its working capital management activities.This paper introduces the business process management theory and the working capital management theory,and combines the two,using the literature research method,case analysis method,comparative analysis method and other research methods to the Sichuan Changhong in-depth research.Evaluation of working Capital Management using Business proce.The index analysis method analyzes the basic situation of Changhong working capital management from many angles and explores the existing problems from the point of view of business process,and then takes the business process management theory as the research foundation,and then analyzes the current situation of Changhong working capital management from the perspective of business process.Further put forward the improvement of Changhong working capital management level suggestions.Combined with business process management and working capital management,this paper not only realizes the connection between finance and business,but also enriches the measures of working capital management.Through the analysis of Changhong,it enriches the case of working capital management based on business process,and provides some reference for other household appliance enterprises which are also in the process of intelligent transformation,and urges enterprises to pay more attention to the issue of working capital management.Thus driving the development of the entire industry.At the same time,it is of practical significance to further understand the management of working capital and give full play to its positive role.