With the credit crunch in full effect business must get their capital management in order quick, or face the consequences. All areas where Working Capital may be found need to be examined, and consequently measures must be taken to reduce Capital usage.

With many of our clients we have undertaken projects for quick wins, by addressing issues around purchasing, supply chain/distribution and accounts payable/receivable.

A reduction in working capital also requires a great deal of behavioural change since all people involved need to understand and act as if they own the part of the business they are in personally. Ownership, and clear actions to achieve measurable and sustainable results are required.