Team Members:Doroteo Hernández Beatriz Adriana

Salvador De Haro LuisGarcía Acevedo Erick YairHam Blas Valeria DayanaMartínez Martínez Alina

Peredo Rojas Andrea Monserrat

TMM. Logistics.

Introduction.• The proper management of working capital and the conversion

cycle are of great importance for the company, which is why it is necessary to know how to carry just the proper management of it to so carry it practiced, so that allows us to improve and to give recommendations to various companies either having a bad management of it or not.

• It is essential to understand and know how best to run it possible by good financial knowledge

Our Mission.• We are a Mexican group specializing in maritime transport services,

management and operation of ports, warehousing and logistics.

• Our competitive strength lies in the integration of strategic assets that allow us to deliver a wide range of solutions with high level of service and flexibility to meet the needs of our customers, supported by constantly developing technology, 60 years of experience and excellence in human capital behind us.

Our Business Vision.• Being the innovative group in maritime transport services, port,

warehousing and logistics, leading the domestic market, taking advantage of our strategic geographic position and decades of experience while participating in business niches high growth and profitability.

Our Values Statement. Promote teamwork.

Integrity and ethics in our work.

Excellence in individual performance seeking continuing professional development and growth of the Company.

Strict respect for our colleagues.

Adaptability to structural changes within the company.

Results oriented optimally managing resources and efforts.

Pride in belonging to the Company.

Compliance with applicable codes and regulations of transparency.

Financial Statements at December 31, 2013.

Cash Conversion Cycle.

According to the amounts presented for the month of December, the cash budget of the company " TMM Management Solutions " resulted in a shortfall . These amounts were drawn from the financial statements presented previously.

Our Recommendations• As for accounts receivable: Development of a credit application for all new customers. These can be

made through a lawyer. The application allowed to charge interest on past due payments, pass the collection costs to his client, obtain a compulsory personal guarantee of owners of closed businesses and maintain a security interest in the goods sold. The application must also cover their return policy and shipping charges, you obtained permission to seek business credit reports and checking trade references. It also includes a guarantee that the information in the application is true and correct.

Order six commercial credit customer references, verify the information presented and the payment status of the account., And request references that have sold them to applicants in less than two years seeking his original credit application .

Send our invoices immediately after delivery of the goods. Order new credit reports every six months 20% of our

customers that made 80% of its outstanding receivables. Review the larger accounts weekly for unusual changes in buying patterns.

o Set net terms to 20 days, if the terms are net 30 days, call the day 21 for the late payment. Making a promise to pay at a time. Compose and send the promise to customers to be returned signed.

o Establish a cash discount to customers who pay us in a previous term to 20 days, the discount rate shall be as follows:

o From 2 to 10 days: 5% of total sales

o 11-16 days: 3% of the total agreed

o 17-19 Days: 1.5% of the total agreed

o Thus we have a floating rate that does not affect our revenues as to discounts.

As For Accounts Payable Keep a list of our accounts payable below 40% of the value of

our assets. Observe the exposure of payables to inflation and currency

devaluation. Accounts payable have a significant influence on monetary position, it generates income and offsets the exposure of monetary assets.

Make our payments to suppliers of raw material as it has the necessary solvency surplus capital could be invested in the acquisition of raw materials.

Conclusions.