REL: FinanceWeek (UK), ''Lean Cashflow: The Machine That's Still Changing the World''
January 16 2008 - 2:53PM
Business Wire
European companies are closing in on their US rivals in terms of
working capital performance, according to new research from REL.
The latest research shows that the top 1,000 European companies
reduced Days Working Capital (DWC) by 8.5%, while a similar group
of US companies only showed a 2% improvement.
http://www.financeweek.co.uk/cgi-bin/
item.cgi?id=5289&d=pnd&h=pndh&f=pndf Click Here to Link
to Full Text of Article or visit the following URL:
http://www.financeweek.co.uk/cgi-bin/
item.cgi?id=5289&d=pnd&h=pndh&f=pndf A detailed REL
analysis of the survey findings is also available online at:
www.relconsultancy.com/twcEU About REL REL, a division of The
Hackett Group (NASDAQ:ANSR), is a global consulting firm dedicated
to delivering sustainable cash flow improvement across business
operations. REL�s tailored solutions generate cash flow for
strategic use while balancing client trade-offs between working
capital, operating costs and service performance. For over 30
years, REL�s expertise has helped clients in over 60 countries free
up billions of dollars/euros/pounds in cash, creating the financial
freedom to fund acquisitions, pension liabilities, 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 period. Through its affiliation with The
Hackett Group, REL leverages Hackett�s empirical insights into the
operations of world-class organizations. The combined client list
of REL and Hackett represents 73% of the Fortune 100, 77% of the
DAX 30 and 51% of the FTSE 100. More information on REL is
available: by phone at (770) 225-7300; by e-mail at
info@relconsultancy.com; or on the Web at www.relconsultancy.com.
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