The Cash Conversion Playbook: Boosting Profitability in Manufacturing

by Azhar ul Haque Sario

"The Cash Conversion Playbook: Boosting Profitability in Manufacturing" is a comprehensive guide aiming to assist manufacturers in improving cash flow and profitability. As competitive pressures mount in the manufacturing industry, efficient financial management becomes critically essential. This playbook serves as an invaluable tool for businesses seeking to boost their bottom line.

The pivotal focus of this book is the Cash Conversion Cycle (CCC) - a key metric denoting a company's operational efficiency. By illustrating detailed, easily comprehensible discussions and step-by-step guidelines for the calculations, the authors provide readers a deep and thorough understanding of the CCC and its impact on various sectors in the manufacturing industry. From automotive, aerospace and defense, chemical, and electrical equipment manufacturers, all the way to those in food and beverage, metals, and pharmaceuticals - specific industry-specific strategies are presented to enhance profitability through CCC optimization.

Not only the theory of CCC is discussed in this masterful guide, but also presents practical advice on how to apply inventory management techniques, operational efficiency enhancements, negotiate supplier contracts, manage accounts receivable and payable progressively, production planning, benchmarking performance, and other techniques aimed at improving cash flow management. Reflecting on successful manufacturing stories highlighted through encompassing case studies and examples will demonstrate to the reader about turning the insights acquired into action.

• Format: Paperback
• Language: English
• ISBN: B0CG7GB4QD
• ISBN13: 9798223451129
• Release Date: August 2023
• Publisher: Azhar UL Haque Sario
• Length: 378 Pages
• Weight: 1.05 lbs.
• Dimensions: 0.8" x 5.5" x 8.5"