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via Udemy |
Go to Course: https://www.udemy.com/course/cash-conversion-cycle-cash-flow/
Certainly! Here's a comprehensive review and recommendation for the Coursera course on "Cash Conversion Cycle for Cash Flow Management": --- **Course Review and Recommendation: Mastering the Cash Conversion Cycle for Cash Flow Management** Are you a manager, engineer, consultant, or business analyst eager to enhance your understanding of business operations and financial management? The Coursera course **"Master the tools and principles of Cash Conversion Cycle for Cash Flow Management"** offers an excellent opportunity to develop vital skills that can significantly impact your organization’s operational efficiency and financial health. **Course Overview:** This MBA-style course, led by Laurence Gartside—an experienced management consultant with a background from the University of Cambridge—delivers a comprehensive deep dive into the concepts of cash flow management through the lens of the Cash Conversion Cycle (CCC). Whether you're involved in manufacturing, services, industrial operations, or production, this course equips you with practical tools and techniques to analyze and optimize cash flow. **What You'll Learn:** - How to calculate and interpret the Cash Conversion Cycle - The fundamental dimensions of business operations related to cash flow - Key concepts such as Days Sales Outstanding (DSO), Days Inventory Outstanding (DIO), and Days Payable Outstanding (DPO) - Benchmarking cash flow and spot potential pitfalls - Strategies for improving cash flow through receivables, payables, and inventory management - How to analyze your cash flow performance and leverage insights to enhance operational success **Strengths of the Course:** - **Practical and Focused Content:** The course emphasizes real-world application, helping learners identify areas for improvement within their organizations. - **Expert Instruction:** Laurence Gartside’s extensive consulting experience enriches the learning experience, offering insights gained from real projects worldwide. - **Comprehensive Modules:** From calculating the CCC to managing working capital, the course covers all essential areas needed to become a financial and operational authority. - **Career Impact:** By mastering these tools, you'll be positioned to take a leading role in your workplace, influencing performance and driving business success. **Who Should Enroll:** - Aspiring and current managers seeking to deepen their operational and financial understanding - Engineers and analysts involved in business strategy and performance improvement - Business consultants aiming to add financial operations to their skill set - Anyone interested in gaining control over cash flow and operational efficiency **Final Verdict:** This course is highly recommended for professionals looking to make a tangible difference in their organization’s cash flow and operations. Its practical approach, combined with expert guidance, makes it a valuable investment for career development and organizational success. **Takeaway:** Equip yourself with the knowledge to analyze and optimize your business’s cash conversion cycle. Enroll today and begin transforming your understanding of business operations and financial management! --- Would you like me to help you with enrollment tips or additional resources related to this course?
Master the tools and principles of Cash Conversion Cycle for Cash Flow Management to have an "impact" on your business's operations - manufacturing, services, industrial operations and production.Equip yourself to take a leading role in your workplace - defining and driving performance and business success.Understand the fundamental dimensions of business operations and the core tools and essential approaches to improve them. Become the authority in your team on improving the Cash Conversion Cycle for Cash Flow Management in your businessThis MBA style course on "Cash Conversion Cycle" for Cash Flow Management" will prepare and empower you to make a real difference in your organization. This course is for the new or aspiring manager, the ambitious engineer, high flying consultant, the hands-on planners and the practical business analysts. Business operations come in all shapes and sizes with a host of unique challenges, but the fundamentals of running successful and efficient operations all contain the same fundamentals. Without a grasp of these, no manager can apply the core principles or techniques of business operations management, strategy, design and improvement.Take control of your career and equip yourself to understand the real nature of business operations and how you can be the key to unlock their potential!About Laurence GartsideLaurence Gartside is a management consultant and business operations coach with a master's degree in manufacturing, engineering and management from the University of Cambridge. He has consulted for and led numerous major improvement projects for companies around the world and is the founder of Rowtons Training.Full Course Contents1. Cash Flow Performance Calculate your "Cash Conversion Cycle"Measuring cash flow operations performanceNet Cash Flow vs Cash Conversion CycleFocus on Operating Cash FlowCash Gap vs Cash Cycle vs Working Capital Cycle2. Calculating your Cash Conversion CycleHow to Calculate the Cash Conversion CycleDays Sales Outstanding (DSO) and Accounts Receivable Collection PeriodInventory management's impact on cash flowDays Inventory Outstanding & inventory velocityCalculating DIO with multiple productsConverting inventory turnover & inventory turns to DIODays Payable Outstanding & Accounts Payable Turnover PeriodExample calculation of your Cash Conversion Cycle3. Analyzing and Interpreting your Cash Flow Analyzing your cashflow performanceBenchmark your cash flow 4. Related ConceptsWorking Capital and Operational LiquidityOperating Cycle and Net Operating Cycle"Procure To Pay" (P2P) & "Order To Cash" (O2C)5. What to Watch Out ForCommon mistakes and pitfalls"Credit sales" or "total sales" to calculate DSOCalculating Cost Of Goods Sold (COGS)Sampling frequency when calculating averages6. Improving Your Cash FlowManaging accounts receivables / payableInventory management to improve cashflow7. Cash Flow for Operational SuccessImproving the financial performance of your organizationYour operations and cashflow success8. ConclusionYour operations and cashflow successTake control! Boost your career and your business! Start learning today!