The U.K.�s largest companies are now doing a worse job at managing working capital performance, as they also see their ratio of free cash flow to sales falling sharply, according to research by REL, a division of The Hackett Group, and CFO Europe. Click Here to Link to Full Text of Article or visit the following URL: http://www.ft.com/cms/s/0/48bd852a-73cf-11dd-8a66-0000779fd18c.html? nclick_check=1 (Due to its length, this URL may need to be copied/pasted into your Internet browser's address field. Remove the extra space if one exists.) The research described in this article is available for free download (with registration) at: 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.
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