Discover the Best Strategies for Working Capital Management

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Strategy	Benefits
1. Efficient Inventory Management	Reduces carrying costs and improves cash flow
2. Streamlined Accounts Receivable Process	Reduces outstanding invoices and accelerates cash collection
3. Negotiate Supplier Payment Terms	Extends payment terms to improve cash flow
4. Monitor Cash Flow Regularly	Identifies potential cash shortages and surpluses

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Authentic source of data: Working Capital Management Report 2021