The Timeline: Using Kaizen to accelerate the Cash Cycle, compress your Timeline, and release Cash (The Timeline Series)

Turnover is vanity, profit is sanity - but cash is king.Ensuring that we have enough cash in our business and that our cash reserves are being maintained, is a business fundamental. Profit does not equal cash.In this book we explore how we can use the kaizen process to examine, critique and then improve the cash conversion process and reduce the number of days our cash is exposed. We break down the cycle into five sequential areas for improvement, and using data from a fictional company, we apply the tools and techniques that will reduce the cycle and achieve our goals.A seven step improvement process is applied to each of the areas and improvements modelled.This book is a must for those embarking on a career in continuous improvement, Operational Excellence or kaizen, or for more experienced practitioners looking for an aide memoire. Whichever camp you are in, it will help you take an in depth look at a business area that is often neglected. Read more