This report is concerned with the theory of working capital management and how a firm may
approach's this area.
The theory section of this report is comprehensive, and includes any recent developments in
the area of working capital management.
The background to the company in question, Bydeko, is a concise picture of the firms position.
The policies on which the company operates are detailed and accurate.
There is a topic, under the comparative analysis and recommendations section, solely devoted
to computerisation and its benefits/costs.
The main recommendations are;
• Introducing a system of written down policies.
• Increasing the number of stock takes.
• Introducing an alternative system of invoicing.
• Financing using net credit.