CORE CONCEPTS OF MANAGEMENT
MARKETING MANAGEMENT
FINANCIAL MANAGEMENT
HUMAN RESOURCES MANAGEMENT
OPERATIONS & PRODUCTION MANAGEMENT

Management of Cash, Inventory and Receivables
This lesson takes off from the previous lesson on Working Capital Management (FM/AF03). The focus here is on just three of the seven elements of the operating cycle. Cash, fi nished goods, inventory and sundry debtors are those critical elements of current assets with the highest sensitivity to fi nancial and commercial policy. How do you judge various inventory systems? How do you manage cash? Why use cash forecasting and cash budgeting techniques? How do you accomplish these tasks? How do you go through the process of credit analysis? What is the impact of a credit decision? What is the logic of a collection policy? How does commercial policy affect these critical elements? What are the norms in various industries and modern trends? What are the banking norms? Through a series of examples and case snippets, Prof. Premchander of IIMB answers these question and establishes the theoretical constructs
FM/AF04

24 Mins

27 Mins

60 Pages
Equivalent classroom time: 6hrs