The new issue of CFO Europe features two stories driven by the newly-released 2008 REL/CFO Europe Total Working Capital research, which examines the performance of the 1,000 largest publicly-held companies in Europe across the working capital components of payables, receivables, and inventory. � "Dash for Cash," With credit at a premium, freeing up funds from working capital gains a new urgency. This cover story features findings from the 2008 REL/CFO Europe Total Working Capital research. It also profiles two companies that have made dramatic improvements in working capital performance - German commercial vehicle group MAN and Italian white goods manufacturer CFO. Click Here to Link to Full Text of Article or visit the following URL: http://www.cfo.com/article.cfm/11661328/c_11693481? f=magazine_coverstory � "Working Capital Scorecard 2008" Companies have improved working capital management, but not by much. This article provides detailed results from the 2008 REL/CFO Europe TWC Research, and links to the complete survey results. Click Here to Link to Full Text of Article or visit the following URL: http://www.cfo.com/article.cfm/11661239/c_11693481? f=magazine_featured An overview of the research findings and the full survey breakdown of results are also available from REL (with registration) at the following URL: http://www.relconsultancy.com/workingcapital. About REL 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 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. 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. (Long URLs in this release may need to be copied/pasted into your Internet browser's address field. Remove the extra space if one exists.)
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