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Rapid Response to Achieving Cash Management Objectives

At the start of 2011, Merck embarked on a project to rationalise its banking partners and streamline its cash management activities.

Despite ambitious targets and an aggressive timeline, Merck's treasury has achieved impressive results within nine months of embarking on the initial planning stages.

Key Points

  • Treasury structure
  • Project objectives
  • Project timeline and milestones
  • Implementation
  • Project achievements

 

Written by

Jörg B. Bermüller
Head of Cash and Risk Management
Merck KGaA

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无限中文案例研究 (71 articles)

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