Working Capital Management Training Course Barcelona

The Working Capital Management course is an intensive 5-day training program designed to provide participants with a comprehensive understanding of effective working capital management strategies.
Taking place in Barcelona, this course will equip professionals with the knowledge and tools needed to optimize working capital, improve cash flow, and enhance overall business performance.

Outputs:

Upon completion of the Working Capital Management course, participants will be able to:

1. Understand the importance of working capital management in business operations.
2. Develop effective strategies for optimizing working capital.
3. Utilize various techniques for managing cash, receivables, payables, and inventory.
4. Analyze working capital performance and identify areas for improvement.
5. Communicate working capital management information effectively to stakeholders.

The main objectives of the Working Capital Management course are to:

1. Introduce participants to the importance of working capital management in business.
2. Provide guidance on developing effective working capital management strategies.
3. Teach participants various techniques for managing cash, receivables, payables, and inventory.
4. Enhance participants’ ability to analyze working capital performance.
5. Strengthen communication skills related to working capital management information.

Who Should Attend:

The Working Capital Management course is suitable for:

1. Finance professionals seeking to deepen their knowledge of working capital management.
2. Business owners, entrepreneurs, and managers responsible for financial planning and decision-making.
3. Professionals transitioning into finance roles or seeking to enhance their financial literacy.
4. Financial analysts and consultants who advise businesses on working capital management.
5. Individuals looking to improve their skills in working capital management for personal or professional purposes.

The outline for the 5-day:

Day 1: Introduction to Working Capital Management

1. Overview of Working Capital Management
2. The Importance of Working Capital Management in Business
3. Key Components of Working Capital: Cash, Receivables, Payables, and Inventory
4. Working Capital Cycle and Cash Conversion Cycle
5. Working Capital Management Best Practices

Day 2: Cash Management Techniques

1. Cash Flow Forecasting and Budgeting
2. Cash Collection and Concentration Techniques
3. Effective Cash Disbursement Strategies
4. Short-Term Investment and Borrowing Options
5. Implementing a Cash Management System

Day 3: Receivables and Payables Management

1. Credit Policy and Credit Analysis
2. Collection Strategies and Techniques
3. Accounts Payable Management Best Practices
4. Negotiating Payment Terms with Suppliers
5. The Role of Technology in Receivables and Payables Management

Day 4: Inventory Management Techniques

1. Inventory Management Best Practices
2. Just-In-Time (JIT) Inventory Management
3. Economic Order Quantity (EOQ) Model
4. Safety Stock and Reorder Point Analysis
5. Implementing an Inventory Management System

Day 5: Analyzing and Communicating Working Capital Management Information

1. Working Capital Performance Metrics and Benchmarking
2. Identifying Areas for Improvement in Working Capital Management
3. Effective Communication of Working Capital Management Information
4. Presentation Skills for Finance Professionals
5. Case Study: Applying Working Capital Management Techniques to a Real-World Business Scenario.

In conclusion, the Working Capital Management course provides participants with a comprehensive understanding of effective working capital management strategies.
By attending this intensive 5-day course in Barcelona, participants will be better equipped to optimize working capital, improve cash flow, and enhance overall business performance, as well as communicate working capital management information effectively to stakeholders.