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In this Case Study, we have presented a view upon the Changes in the Financial Position and Working Capital of OCM, depicting its Operational Effectiveness, particularly after the Takeover of the company by the WL Ross & Co. LLC. The firm as well as industry is facing a rigorously Adverse Market Situation, but the firmis initiating more efficiently towards executing its operations, resulting into a successive increase in its demand structure. Hence, the firm ismarching towards a cause to have an Efficient Working Capital Management. There is a strong need to improve the Efficiency of Inventory Utilization Practices, in order to let the firm optimally utilize its resources and have bristling futures. In the long run, the firm is improving its efficiency in managing debts and therefore, is having maximum sales with minimum receivables after 2010. With the passage of time, the firm is more and more well learning about the Management of Working Capital and is growing gradually irrespective of the Adverse Market Circumstances.
About the author
Dr. Rohit Kanda, a Ph.D. in Management Studies, is a academician and research professional with +10 yrs experience in the Jewelry as well as Textiles / Yarn / Fabrics / Garments / Retail Industry and 4 Years of Experience in Research and Academics, having wide Research Publications and Presentations across World. He is a widely traveled scholar.
