Discuss the following case studies in a group and provide advice to the companies on how to improve their working capital efficiency. Case Study 1: Global Manufacturing Company Global Manufacturing Company is a leading manufacturer of automotive parts in Switzerland. The company has been experiencing rapid growth in recent years, and management expects this growth to continue for the near future. However, the company is also facing a number of challenges related to working capital management. Specifically, the company's cash flow has been negatively impacted by slow collections, high inventory levels, and a significant amount of idle cash. Suppose that you are contracted as a financial analyst tasked with analyzing this situation and your job is to develop a working capital management plan that will help Global Manufacturing Company improve its cash flow and achieve its growth objectives. What advice would you provide to the company?