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Companies are seeking best practices on how to move from working capital optimization theory to practical initiatives that will improve their corporate financial performance. Optimizing their inventory management and financial relations with customers, suppliers, creditors and debtors are critical steps to improving working capital management in the long run. Companies that are currently using an inventory optimization tool are 70 percent more likely to have improved their day's inventory outstanding metric over the last two years.
-Nari Viswanathan, research director at AberdeenGroup
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