Management Of Working Capital Under The Perspective Of Value Chain

Working capital management as the important content of enterprise financial management,directly affects the enterprise's value enhancement and profit.The acceleration of global economic integration,and brings to the enterprise survival environment is significant and profound.Companies face severe market environment,how to renew firm firm footing to enhance competitiveness in the process of globalization,for the sustainable healthy development of the enterprise is a major issue.As the academic study of the value chain theory,value chain theory was widely recognized and applied by people gradually,reasonable use can break through the enterprise management limited value chain as a whole increased reaction speed,has important significance to realize value maximization.Therefore,the value chain theory is applied to the enterprise working capital management,to pick the best and the lost,promoting the value of value chain flow speed,will bring new vitality to the management of working capital.Value chain management as a new management concept,the purpose is in the limited resource consumption,the pursuit of value maximization.Value chain as a new idea,has certain applicability and advancement,has certain correlation with the goal of enterprise management,it also makes the value chain management and working capital management in the presence of a certain degree of synergy coupling,thus,the combination of working capital management and value chain thought in nature has certain theoretical basis and feasibility.Management depends on the kind of enterprises,quality management,so to speak is the key of the same level strength competition between enterprises,its role to be reckoned with.Successful due to maintain a reasonable level of working capital management,can guarantee the normal production and operation,make the enterprise keep good solvency and ability to raise funds at the same time also can promote the company's image and credibility.And successful management of the company's working capital,will be in a certain extent,to speed up the company's working capital cycle,so that the company's working capital held by lower costs,improve profitability.Starting with the theory,this paper analyzes the value chain and the research status of the theory of working capital management,and value under the perspective of the meaning of working capital management and goals.To X company as an example,from the perspective of value chain analysis of its working capital management status,find out the lack of an enterprise,and put forward improvement Suggestions from the Angle of value chain to its,confirm the research content has strong theory value and realistic meaning and operability.Finally summarizes the deficiency of this paper and the prospect of research in the next.In addition,the research also hope this paper can bring some inspirations for company working capital management issues,to provide practical reference value.