In the final episode of the Working Capital Optimization series, hosts Mike Piotrowski and Corey York explain how cash management acts as a strategic lens for CFOs. They explain how the cash conversion cycle (triple C) reveals where cash is trapped in a business and can help unlock significant liquidity without raising equity, taking on debt or cutting headcount.

Through practical examples, benchmarking and a five-step framework, the episode guides listeners on diagnosing cash flow bottlenecks and implementing cross-functional improvements for lasting financial agility

Listen to learn more about:

• What the cash conversion cycle is and why it matters
• How triple C reveals where cash is trapped across receivables, inventory, and payables
• Benchmarking triple C performance
• Trade-offs and mitigation strategies for improving accounts receivable (AR), inventory and payables
• How to operationalize triple C across the organization for competitive advantage

Related Insights

• Article: Working Capital Strategies: 7 Steps To Improve Cash Flow in Manufacturing Businesses
• Podcast: Industrial Manufacturing and Consumer Goods Podcast: Working Capital Optimization Explained

In this episode of the Industrial Manufacturing and Consumer Goods podcast, host Corey York, along with finance transformation specialist Mike Piotrowski, explores accounts payable (AP) optimization, a critical yet often overlooked driver of working capital and business health.

They discuss why AP is more than just paying bills, as well as the risks of inefficient processes and practical strategies to transform AP from a cost center into a strategic advantage. Listeners will gain actionable insights to improve cash flow, strengthen supplier relationships and leverage technology for smarter operations.

This is the fourth episode in a five-part series on optimizing working capital. Stay tuned for more actionable insights!

Listen to learn more about:

• The role of accounts payable in working capital
• Common red flags in AP processes
• Four key areas for AP optimization
• How to balance strategic AP practices with maintaining strong supplier relationships
• Industry benchmarks and how they guide achievable AP performance targets

POCs
Mike Piotrowski, Senior Manager, CFO Advisory
Corey York, Senior Manager, CFO Advisory

Related Insights:

• Article: Working Capital Strategies: 7 Steps To Improve Cash Flow in Manufacturing Businesses
• Podcast: Industrial Manufacturing and Consumer Goods Podcast: Working Capital Optimization Explained

In this episode of the Industrial Manufacturing and Consumer Goods Podcast, Mike Piotrowski and Corey York explore accounts receivable (AR) optimization, a critical component for improving cash flow and overall business health. Together they discuss why AR is more than just collecting payments, how to identify red flags and practical strategies to unlock trapped cash without damaging customer relationships.

This is the third episode in a five-part series on optimizing working capital. Stay tuned for more actionable insights!

Listen to learn more about:

• The role of accounts receivable in working capital
• Key indicators of AR issues
• Four major levers for AR optimization
• How AR optimization impacts customer relationships and why collaboration matters
• Benchmarks and data sources for measuring AR performance
• Strategic benefits of AR

POCs
Mike Piotrowski, Senior Manager, CFO Advisory
Corey York, Senior Manager, CFO Advisory

Related Insights:

• Article: Working Capital Strategies: 7 Steps To Improve Cash Flow— in Manufacturing Businesses
• Podcast: Industrial Manufacturing and Consumer Goods Podcast: Working Capital Optimization Explained