Working Capital Improvement for an Industrial Group

29We invested on Master Data Reliability starting with Customers and Suppliers for all Regions and identified through Analytics that Payments terms across Businesses and Countries were not consistent: we aligned terms and conditions with Sales and Purchasing and improved permanently Working Capital in 1 year.

We invested on Purchased Items Reliability introducing a common way to define Spare Parts for all Regions and allowed worldwide visibility on existing Resources which by nature are moving slowly and avoid buying when Resources were available internally which reduced cash involved in Operations and improved Working Capital.