25 September 2024 13:45 - 14:15
Enhancing a cash-focused culture in the pharmaceutical industry Fagron’s working capital strategy: adapting global approaches to local markets
Join Fagron's working capital manager as she shares insight on the Company's aims to harmonize payment terms, streamline receivables and payables, and offer flexible options for our strategic partners to maintain relationships and ensure product availability.
Fagron is a particularly interesting case due to its focus on personalized medicine and compounding, directly serving final customers—50% of whom are pharmacies and 20% are hospitals.
This necessitates managing complex inventories to maintain availability and adapt to medical prescription trends while balancing credit limits and company liquidity.