Aerospace and Defense company reduces its working capital by €67 million
Aerospace and Defense company reduces its working capital by €67 million
2 Pages1 REL | Aerospace and Defense Case Study Aerospace and Defense Global aerospace corporation through improving its handling of payments to suppliers was able to reduce its working capital by €67M, at the same time as reducing the amount of disputed invoices by 50% Aerospace and Defense company reduces its working capital by €67 million Global Aerospace Corporation – Squeezing cash from payables Challenges: • High incidence of late payment
