Optimizing Working Capital Management in Supply Chain Finance: A Multi-Dimensional Approach

  • N. Sureshkumar PP Narayanan University of East London, London, England
  • Farha Ghapar Universiti Poly-Tech Malaysia, Kuala Lumpur, Malaysia
  • Li Lian Chew Binary University, Binary Business School, Selangor, Malaysia
  • Veera Pandiyan Kaliani Sundram Universiti Teknologi MARA, Selangor, Malaysia
  • Umahdevi Jayamani Logispreneur Academy, Selangor, Malaysia
  • Azlina Muhammad Universiti Teknologi MARA, Selangor, Malaysia
DOI: https://doi.org/10.22610/imbr.v16i2(I)S.3767
Keywords: Supply chain finance, working capital management, cash flow, inventory management, accounts receivable, accounts payable, financial performance, competitiveness

Abstract

The efficient management of working capital is crucial for businesses to sustain operations, improve financial performance, and enhance competitiveness in today's dynamic and globalized supply chains. Supply chain finance, an emerging field that focuses on optimizing financial flows and relationships within supply chains, offers opportunities for businesses to improve working capital management. This research aims to explore the multi-dimensional aspects of working capital management in the context of supply chain finance and propose strategies for optimizing financial performance. By examining the interplay between cash flow, inventory management, and accounts receivable/payable, this study will provide insights into effective working capital management practices that can be implemented across different stages of the supply chain. Through a simple desktop research and literature survey, this research will contribute to the existing body of knowledge on supply chain finance and provide practical recommendations for businesses seeking to enhance their financial performance through optimized working capital management.

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Published
2024-05-29
How to Cite
Narayanan, N. S. P., Ghapar, F., Chew, L. L., Sundram, V. P. K., Jayamani, U., & Muhammad, A. (2024). Optimizing Working Capital Management in Supply Chain Finance: A Multi-Dimensional Approach. Information Management and Business Review, 16(2(I)S), 44-52. https://doi.org/10.22610/imbr.v16i2(I)S.3767
Issue
Vol 16 No 2(I)S (2024)
Section
Research Paper

Copyright (c) 2024 N. Sureshkumar PP Narayanan, Farha Ghapar, Li Lian Chew, Veera Pandiyan Kaliani Sundram, Umahdevi Jayamani, Azlina Muhammad

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