Breathing Room - Ten Ideas For Squeezing More Working Capital From Your Supply Chain
Source: Deloitte & Touche LLP
In the face of today's unprecedented credit crunch, companies must do everything they can to free up working capital. Even businesses that appear to be in pretty good shape may not be immune. What would happen if your company's bank suddenly cancelled its line of credit? Could you keep your operations going? And for how long? The cold, hard truth is that any company that relies on short-term debt may need to rethink their strategy, and soon.