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How Low Can It Go? The 2006 Working Capital Scorecard Companies continue to reduce working-capital levels, and they have 450 billion reasons to keep at it.

Randy Myers, CFO Magazine
September 1, 2006

A Hard Nosed CFO and the Effect on Working Capital

This illustrates what i have been saying for years...that a tough minded CFO can accomplish so many things, including bring working capital down. By driving a better business from all departments, nay REQUIRING a better business from all departments, a good CFO should improve working capital along with a few dozen other financial measurements, just by being tough minded, hard nosed and never, ever giving up. I've done it myself and I can say firsthand that it is the most powerful tool that I can have... Being consistently demanding from operations.

Posted by Sean Sloan | Sep 21, 2006 2:15 PM ET