Research On Working Capital Management Of Yonghui Supermarket

Working capital is an important part of the daily financial management of enterprises.With the continuous deepening of the application of Internet technology in the new era,more and more enterprises pay attention not only to the operation of single element of working capital,but also to the efficiency of working capital in the overall operation process of enterprises.Supply chain has been widely used by enterprises in recent years.With the help of supply chain management,enterprises have improved their working capital efficiency and improved their efficiency.Supply chain optimization is an effective practice for enterprise managers to apply the concept of supply chain management to the daily working capital management of enterprises,which helps to improve the efficiency of enterprise working capital.The retail industry has developed rapidly in recent years.As a leading company in the retail industry,Yonghui Supermarket has maintained a rapid development compared with other retail industry companies.However,in the face of the impact of new retail enterprises,there are also huge challenges,and there are still various problems in its working capital management.Taking Yonghui Supermarket as a case company,this paper constructs a theoretical analysis framework based on the relevant theories of supply chain from three aspects of procurement,inventory distribution and sales,uses financial indicators to analyze the relevant data of the case company and matching companies,and compares with the industry average level.It finds that Yonghui Supermarket has problems in working capital management in each link,Based on the analysis of the causes of the existing problems of the enterprise,optimization suggestions are made to improve the working capital efficiency and efficiency of Yonghui Supermarket.This provides a useful reference for retail enterprises.Through the study of this paper,it is found that in the procurement link,Yonghui Supermarket’s working capital proposal is that Yonghui Supermarket should optimize the direct procurement method so that it can reduce the cost of intermediate procurement link in the procurement link and improve the efficiency of working capital;The cooperation with suppliers should be strengthened so that Yonghui Supermarket can reasonably occupy the supplier’s funds by means of payment,thus reducing the operating costs of Yonghui Supermarket in the procurement process and improving the efficiency of working capital.In the aspect of inventory distribution,the working capital suggestion of Yonghui Supermarket is that Yonghui Supermarket should adopt effective inventory management methods and fast logistics distribution methods.Yonghui Supermarket should reduce the stock piling and improve the working capital efficiency through inventory management,and speed up the circulation of goods with the help of the logistics distribution system,so as to achieve rapid fund collection and improve the working capital efficiency.In the marketing link,the working capital proposal of Yonghui Supermarket is the credit risk strategy that Yonghui Supermarket should adopt among enterprises and the marketing mode of collaborative marketing.The marketing mode of collaborative marketing expands the sales channels of enterprises,and can improve the marketing efficiency of enterprises.The credit risk strategy improves the efficiency of accounts receivable recovery,and can improve the efficiency of working capital.