Research On Working Capital Management Of S Company Based On Value Chain

As an important factor in the operation of enterprises,working capital plays a pivotal role in various activities of enterprises,which is not only a key factor to ensure the normal circulation of enterprises,but also an important indicator of long-term sustainable and healthy development of enterprises.Traditional working capital management research usually focuses on some single projects and single indicators,and this traditional working capital management model can no longer meet the rapid development needs of enterprises.At the same time,the new mode of working capital management based on the value chain is well known by more and more enterprises and has attracted the attention of more and more enterprise managers.Compared with the traditional working capital management mode,working capital management based on the perspective of the value chain is more comprehensive,which can better analyze the resource status of the enterprise,effectively allocate resources,improve the efficiency of capital use,and maximize the value of the enterprise.By deeply analyzing the capital management of enterprises from the perspective of the value chain,resources can be allocated more effectively,the utilization rate of funds can be improved,and the value of enterprises can be maximized.This paper mainly adopts the literature research method,case analysis method and comparative analysis method,takes the listed company S as the research object,and analyzes and discusses its working capital management issues from the perspectives of internal value chain and external value chain.This paper breaks the structural way of traditional working capital management relying only on a single element to carry out management,links the concept of value chain and working capital management,analyzes the working capital management problems of membrane technology manufacturing enterprises from multiple angles,conducts in-depth analysis of the working capital of enterprises through the two levels of internal value chain and external value chain,finds the problems existing in the enterprise,and puts forward corresponding optimization plans according to the current situation of working capital management and industry development characteristics of the value chain of the enterprise: optimize the procurement mode and strengthen production management.Diversify marketing channels,strengthen relationships with suppliers and improve accounts receivable management capabilities.Through these measures,in order to help enterprises improve management level,improve enterprise performance,and provide reference for the future high-quality development of enterprises.