Optimizing Working Capital by Sameer Gemawat Effective working capital optimization techniques can help ease liquidity pressures in the immediate term — and in the longer-term, companies with optimized working capital management should be better positioned to shift their focus towards growth. Throughout the COVID-19 crisis, we have witnessed significant volatility and dislocations that have roiled cross-border supply chains, financial and commodity markets, and the cost and availability of funding. While governments and central banks have unleashed significant firepower to ease the supply of credit, the operating environment remains fragile and prone to ongoing uncertainty. These headwinds are of particular concern