In view of the relatively low efficiency of the use of working capital, the main aspects can be improved from two aspects, on the one hand, to strengthen the company's inventory management, can change the traditional management model, through the advanced management model of large companies to learn, establish an effective inventory management mode. For example, real-time purchase orders can be established through the Internet, timely analysis of the inventory demand of enterprises, timely allocation of inventory, reduce the backlog of enterprise inventory. On the other hand, it is to reduce the turnover period of accounts receivable of enterprises, to ensure that the accounts can be recovered in a timely manner, to avoid the occupation of enterprise funds, so that the funds quickly return into production, thereby promoting the rapid growth of the company's performance. At the same time, we should also pay attention to the accounts payable by enterprises, try to avoid the occupation of other enterprise resources resulting in the loss of other enterprises trust, and thus lose long-term partners.<br>Baoshan Steel Co., Ltd. should make a comprehensive optimization of the efficiency of working capital use. First of all, in the procurement link of enterprises, the key should strengthen the enterprise's control over procurement costs, and with the enterprise's suppliers to form a good healthy game relationship, as far as possible to reduce the dependence on upstream suppliers, which is to reduce the enterprise's working capital use management costs, improve the efficiency of the use of working capital also plays an important role. Secondly, we should pay attention to improving the marketing channels of enterprises, optimize the marketing model of enterprises, and constantly enhance the market development ability of enterprises, improve the market share of all types of products, and promote the efficiency of the use of working capital.
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