Working capital and supply chain professional

What is a working capital and supply chain professional and what do they do?

Working capital and supply chain specialists work across most industries. The importance of working capital in areas such as manufacturing, pharmaceutical and retail mean that many supply chain professionals have experience in these areas.

Working capital refers to the cash a business needs for its day-to-day operations and is a measure of a company’s efficiency and short-term financial health. The ability to keep low levels of working capital and still meet business requirements can result in higher returns on capital and more cash to fund growth.

The company supply chain is often the first place that people look to for working capital reduction opportunities. Supply chains can be hugely complicated processes with multiple operators and contributors and a key part of any supply chain role is to drive the end to end supply chain performance to deliver competitive advantage for the business. This requires smooth functioning of the supply chains through effective resourcing, planning processes, and business integration.