Cash management and inventory management, Financial Management

I am facing some problems in my assignment of Cash Management and Inventory Management. Can anybody suggest me the proper explanation for it?

Posted Date: 2/14/2013 1:56:10 AM | Location : United States





Cash Management and Inventory Management

Cash Management

Cash management is a broad term which refers to the collection, concentration, and disbursement of cash. The aim is to manage the cash balances of an enterprise in such a way as to maximize the availability of cash not invested in fixed assets or inventories and to do so in such type of a way as to avoid the risk of insolvency. Factors monitored like a part of cash management involve a company''s level of liquidity, its management of cash balances, and the short-term investment strategies of it.

Inventory Management

Inventory management includes a retailer seeking to acquire and maintain a proper merchandise assortment when ordering, shipping, handling, and related costs are kept in check. It as well involves systems and processes that recognize inventory requirements, set targets, provide replenishment methods, report actual and projected inventory status and handles all functions related to the tracking and management of material. This would involve the monitoring of material moved into and out of stockroom locations and the reconciling of the inventory balances. As well may include ABC analysis, cycle counting support, lot tracking, etc. Management of the inventories, along with the primary objective of determining/controlling stock levels within the physical distribution function to balance the requirement for product availability against the requirement for minimizing stock holding and handling costs.

Posted by isbell | Posted Date: 2/14/2013 1:57:01 AM


Related Discussions:- Cash management and inventory management, Assignment Help, Ask Question on Cash management and inventory management, Get Answer, Expert's Help, Cash management and inventory management Discussions

Write discussion on Cash management and inventory management
Your posts are moderated
Related Questions
Since the operations in the money market are dominated by institutional players, the retail investor's participation in the market seems to be limited. To overcom

As the CEO of PG Industries, you are hired at the pleasure of the Board of Directors, who in turn are elected by the shareholders. You are considering Project A which you are convi

what are the types of non-statuary reports?

Assume you are a professional financial analyst working for a wealthy investor.  Your client has $2.6 million to invest and wants to sink it into a single stock (diversification is

Accounting Framework - Convention of Materiality Materiality means relative significance. In other words whether a matter should be disclosed or not in the financial statement

The straight value of a convertible bond is nothing but the value of a non-convertible bond having same characteristics. For example, assume that a company has tw

QUESTION i) Distinguish between intermediated and market finance using illustrative examples. ii) Differentiate between the main characteristics of Debt and Equity. iii)

How to use integrated promotional mix to achieve marketing objectives

Profit Maximisation Decision Criterion According to this approach, actions which increase profits must be undertaken and those that decrease profits are to be avoided. In speci

You have the following information about rates in London for Eurocurrency loans of one-year duration, the exchange rate between the USD and euros, the currency in which you want fi