MIAMI & LONDON-( Business Wire )-
A new working capital performance study has been launched by REL Consulting, a division of The Hackett Group, Inc. (NASDAQ: HCKT). The study, which examines “Working Capital Performance: Successes, Challenges and 2012 Objectives,” is complimentary, and companies are invited to participate.
In today’s business environment, companies are turning to improvements in working capital management as a means of meeting cash flow, cost and service objectives through operational efficiency. But the success of working capital management efforts vary widely.
REL’s Working Capital Performance Study will capture and compare the level of results achieved by companies in 2011 relative to the formula applied: approach, effort and time invested, rate of progress, and challenges experienced. It will also look at anticipated key objectives for further improvement in 2012.
Participants in the study will receive results that include:
Results – How the level of 2011 working capital improvements in their company compares with the efforts of world-class performers;
Strategies – Factors influencing success and sustainability of improvement programs;
Challenges – Common past and future challenges preventing advancement or contributing to failed initiatives;
Objectives – Key objectives and focus areas of finance management professionals for working capital in 2012.
REL estimates that it will take participants about 20-30 minutes to complete the study.
Study participants will receive a performance report with the aggregate results, and be invited to participate in a Webcast discussing key findings.
Details for participants are available at: http://www.relconsultancy.com/studies/2012/relwc2012/
REL, a division of The Hackett Group, Inc. (NASDAQ: HCKT), is a world-leading consulting firm dedicated to delivering sustainable cash flow improvement from working capital and across business operations. REL’s tailored working capital management solutions balance client trade-offs between working capital, operating costs, service performance and risk. REL’s expertise has helped clients free up billions of dollars in cash, creating the financial freedom to fund acquisitions, product development, debt reduction and share buy-back programs. In-depth process expertise, analytical rigor and collaborative client relationships enable REL to deliver an exceptional return on investment in a short timeframe. REL has delivered work in over 60 countries for Fortune 500 and global Fortune 500 companies.
REL ConsultingGary Baker, 917-796-2391Communications Directorgbaker@relconsultancy.com