Part 2: Supply Chain Management

Select a company of your choice and calculate the most current days of working capital (DWC) that are available.

Review page 656 in the textbook below,

All firms follow a working capital cycle in which they purchase or produce inventory, hold it for a time, and then sell it and receive cash. This process is known as the cash conversion cycle (CCC).

In addition to your calculations, include the information below in your essay.

How does this companys ratio compare to those of its competitors?

Why is comparing this ratio to the industry average important?

Explain how a well-managed supply chain can come into play here.