Best Practices in Working Capital Management by Procurement

Learn practical strategies and best practices in working capital management covering procurement, inventory, DPO, and logistics to optimize cash flow and strengthen supply chain performance.

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MANOJ YERMALKARSCMDOJO Expert
$49

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  • Icon 1 hour 25 minutes
  • Icon 6 Lessons
  • Icon 6 Quizzes
  • Icon Exclusive SCMDOJO Cetificate
  • Icon 19 Students Enrolled
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About Course

This course offers an in-depth study of Working Capital Management and its significance in business sustainability. It begins with the fundamentals of working capital and progresses to the role of procurement in maintaining liquidity. Learners will examine best practices for managing Days on Hand (DOH) and Days Payable Outstanding (DPO), supported by case studies and real-world examples. The course also addresses the impact of logistics cost management on working capital, equipping participants with analytical tools to optimize financial performance and supply chain efficiency.

Why Learn with Manoj:

Manoj fervently advocates for innovation and excellence in Supply Chain Management and Procurement. He is a thought leader with 30 years of working experience in various industries like Project, Pharma, Engineering etc as a Supply Chain Head.

Manoj is passionate about creating smart, bespoke strategies for purchasing and procurement. Beyond his role of leading Supply Chain Function, He is deeply involved in mentoring and training professionals in the supply chain world through various institutions. He is a BE Mechanical by qualification with a Post Graduate Diploma in International Business and Materials Management. He is a Lead trainer for CIPP, CIPM, CISCP, and CISCM Courses of Blue Ocean Corporation.

Who is this Course for?

What you'll learn

  • Lesson 1: What Is Working Capital
  • Lesson 2: Role of Procurement In Working Capital Management
  • Lesson 3: Best Practices for effectively managing DOH
  • Lesson 4: Days Payable Outstanding (DPO) Management
  • Lesson 5: Best Practices adopted for DPO Management by a Project Organization
  • Lesson 6: Role of Logistics Cost Management in Working Capital

Course Content

What's Included

  • Immediate unlimited access to course materials
  • 30-day money-back guarantee
  • Exercises and quizzes to help you put theory into practice
  • English Closed Captions
  • Full transcripts in PDF for each lesson
  • Suitable for mobile or desktop
  • SCMDOJO Certification when you pass the course quiz (accessible from Learning Center post-sign-in)

 

Requirements

  • Access to Internet
  • Computer / Laptop / Mobile Device

Earn a sharable certificate

  • Showcase on your LinkedIn Profile under the "Licenses & certifications" section
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