7
telecommunication
and
information
technology
infrastructure
as
foreign
investors
still see a lot of investment opportunities in those sectors.
1.3 Problem Statement
PT
Agility
International doesn’t own
any transportation assets
like
vessels or
cargo
planes.
In
running
its
activities,
the
company outsources
most
of
its
transportation need.
Those
vendors
need
to
be
paid
on
time
while
it
will
take
some
time
until
the
company receives
payment
from
customers. To
better
illustrate,
the
company only
have
a
maximum
of
two
weeks
for
term
of
payments
from
vendors,
whereas
for export shipments,
majority
of its customer has a 30 days term of
payment. As for import shipments, if it comes within Agility network, there will be a
60
days
term
of
payment.
Moreover,
the
company also
facilitate
extra
service
for
paying
some
VIP
customer’s
duty
and
taxed
as
part
as
a
non
value
added
service
activity
on
which
reducing
the
flexibility
of
company’s
most
important
resource
while
not
making
any
profit
out
of
it.
Thus,
managing a
good
cash
flow
is
very
essential for the sustainability of the company.
Cash
flow
started
to
become
an
issue
starting in
2008
when
the
company
decided
to
move
to
new
facility that
combines
office
building
and
state
of
art
warehouse. Even
though
the
corporate
office
was
the
one
who
financed
this
investment, some of the operational cash
flow
from the company also ended
up being
absorbed to
finance the
new
facility. In addition, during
this time,
the company also
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