Nigerian Seminars and Trainings

Search all upcoming seminars, conferences, short management courses and training in Nigeria and around the World

business logo

Optimal Management of Working Capital

By: Tom Associates Training  

Lagos State, Nigeria

12 - 13 Feb, 2018  2 day

Follow Event

  

NGN 105,000

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. Feb 12 - 13 Feb, 2018

Registration: 08:30:am - 09:00:am

Class Session: 09:00:am - 04:00:am

NGN 105,000.00
(Convert Currency)

Mr Abiodun Toki 08033019120

Discount of 5% to 3-4 participants from same organization. Discount of 10% to 5 or more participants from same organization
Related Courses
Codes of Superior Marketing Course Codes of Superior Marketing Course

2 day, 26 - 27 Feb, 2019 

2019-02-26 12:02:00
Lagos State, Nigeria

Tom Associates Training

Superior Marketing is not a game for amateurs. Do not make marketing mistakes. Companies that make them waste money. Not just that, competition runs off with their business. How do you avoid making ...

Selling in a Difficult Environment Course Selling in a Difficult Environment Course

2 day, 11 - 12 Feb, 2019 

2019-02-11 12:02:00
Lagos State, Nigeria

Tom Associates Training

How the salespersons’ mental agility can increase so as to perform at the very best How to bring high energy to bear for top performance How salespersons can identify their individual personal ...

Customer Experience Management Course Customer Experience Management Course

3 days, 25 - 27 Feb, 2019 

2019-02-25 12:02:00
Lagos State, Nigeria

Tom Associates Training

Customers, truly, provide the sources of the lifeblood for any business. But truly also, not all customers of any business are created equal. Some require more attention than others. By gaining ...

Implementing Field-Force Effectiveness Course Implementing Field-Force Effectiveness Course

3 days, 25 - 27 Feb, 2019 

2019-02-25 12:02:00
Lagos State, Nigeria

Tom Associates Training

This Implementing Field-Force Effectiveness Course will discuss the following: Course Contents Day One The Sales Force Business Needs Sales effectiveness plans Strategies to focus the sales force ...