Nigerian Seminars and Trainings

Search conferences, training, seminars, courses and workshops in Nigeria and around the world

business logo

Optimal Management of Working Capital

By: Tom Associates Training  

Lagos State, Nigeria

02 - 03 Mar, 2017  2 day

Follow Event   

  

NGN 94,500

This course teaches participants the significance of Working Capital Management as the tool or managerial accounting strategy to guarantee the efficiency of the business and its short-term financial health at all times. Positive working capital is required to ensure that an enterprise is able to continue its operations, and has enough working capital at any one time to meet the short term obligations, like buying inventory or covering payroll, or paying its loans, etc.

Participants will also learn how Working Capital Management structures the working capital cycle. The longer the working capital cycle is, the longer a business is tying up capital without earning a return on it to keep the business sustainable.

Course Contents

DAY ONE

  • Introduction
    • Importance of Working Capital Management
    • Cash flow and profit relationship
    • Risk and return trade-off.
  • The Working Capital Cycle Basics
    • Cash conversion Cycle
    • Inventory
    • Debtors and account receivables
    • Creditors and account payables.
  • Working Capital Optimization Best Practice
    • Economic order quantity
    • Process improvement
    • Credit control
    • Stock control techniques
    • ABC
    • VED
    • SDE
    • MRP
    • JIT
    • Debtor management and its costs
    • Outsourcing of debt management.

DAY TWO

  • Financing Working Capital
    • Bank current lines
    • Supplier financing
    • Alternative receivables funding.
  • Technology Solutions
    • Payment systems.
5/7 Alade Lawal Street, Opposite Divisional Police Station, Off Ikorodu Road, Anthony, Lagos. Registration: 8.30 - 9.00 a.m. Class Session: 9.00 - 4.00 p.m. Mar 02 - 03 Mar, 2017
NGN 94,500.00(Including VAT)
(Convert Currency)

08033019120

Discount of 5% to 3-4 participants from same organization. Discount of 10% to 5 or more participants from same organization.
Related Courses
Competencies in Service Strategy Competencies in Service Strategy

4 days, 12 - 15 Sep, 2017 

2017-09-12 12:09:00
Lagos State, Nigeria

Tom Associates Training

A customer service thought process that enables everyone participating in it to contribute to development of strategies regarding: Understanding Customer Equity: Customer value proposition Customer ...

Protocol, Public Relations and Events Management Protocol, Public Relations and Events Management

5 days, 08 - 12 May, 2017 

2017-05-08 12:05:00
Lagos State, Nigeria

Tom Associates Training

The objectives of this Protocol, Public Relations and Events Management training course include to: Arrange and provide protocol services including logistics requirements. Organize travel ...

Foundation Excel for Financial and Business Analysis Foundation Excel for Financial and Business Analysis

3 days, 05 - 07 Jun, 2017 

2017-06-05 12:06:00
Lagos State, Nigeria

Tom Associates Training

This course is designed as an introduction to basic spreadsheet tools and formulas. Candidates will be able to map data to predict the future. Major corporations and small businesses alike use ...

Advanced Human Resources Management Advanced Human Resources Management

5 days, 13 - 17 Nov, 2017 

2017-11-13 12:11:00
Lagos State, Nigeria

Tom Associates Training

The programme is to raise the proficiency levels of senior HR specialists. After the programme ends, it will deepen the knowledge of the HR specialists of how their organization’s business runs ...