How Working Capital Impacts Profitability and Operational Performance

Many organizations overlook the substantial impact a sustained reduction in working capital has on top-line performance indicators such as profit margin. Download

2016 Europe Working Capital Survey 2016 Europe Working Capital Survey: Working Capital Performance of Top European Companies

European companies posted a 1.7% improvement in their cash conversion cycle (CCC) last year as both receivables and payables improved. Download

2016 US Working Capital Survey 2016 US Working Capital Survey: Working Capital Performance of Top US Companies

The 2016 US Working Capital Survey identified some possibly worrisome signs of deteriorating working capital performance. Download

Brexit and Working Capital Impact: How Should UK Companies Prepare?

For businesses in the United Kingdom, Brexit is already a source of uncertainty and anxiety. It is for this reason that they should take a deeper look into their working capital and bolster their cash reserves. Download

Brexit and Working Capital Impact: How Will Remaining EU Companies Be Affected?

With Britain leaving the European Union, it could lead to a shift or loss in business for the remaining EU companies. Major European companies will be watching closely to see if there are significant impacts on the products they export to the United Kingdom. Download

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Experts in working capital management

REL, a division of The Hackett Group, has helped many of the world's leading businesses release billions through process transformation that drives sustainable working capital improvements.

We focus on three critical end-to-end processes – inventory management, accounts receivable and accounts payable – that can improve cash flow management and service performance while reducing costs and business risks.

Working Capitalist newsletter

The Working Capitalist, Autumn 2016 – Our working capital surveys of nearly 2,000 companies in the US and Europe illustrate the difficulty of achieving sustained improvement in working capital performance. But those companies that do succeed in this area leverage the analytical capabilities available today, which starts with selecting effective key performance indicators and better aligning with best practices. This issue of The Working Capitalist offers insights into achieving and sustaining improved working capital performance.

   I was very pleased to have a team of such professional people working with me; they looked to identify and resolve issues from day one. REL are extremely professional and dedicated to delivering quality work.   
European Aeronautic Defence and Space Company
   We were impressed with the people of REL; impressed with how they explained the various concepts involved, their emphasis on knowledge transfer, and their collaborative, team-oriented approach. REL proposed an approach that involved Cytec in every aspect of the effort, rather than doing everything with Cytec personnel watching.   
Cytec Industries Inc.
   REL provided both an independent viewpoint and consistent approach - the same people were involved in both phases. The reporting was simple, basic and useful. I like that REL is a small, niche consultancy - they are experts. The differentiator (to other consultancies) is the personal approach that REL provides.   
Heineken Italia S.p.A
   With the pragmatic approach the REL consultants got to the heart of each process and introduced some real hand-on tools and solutions to improve communication on and execution of key-processes in NWC-management supporting change of mindset across management.   
Arcadis NV
   REL brings in good professionals, who roll up their sleeves and start working with local teams to make things happen. They have a hands-on mentality and a no-nonsense approach. They are not like typical consultants who only give you plans to follow.   

REL in the Press (UK/Global), "Scale or fail: how decentralized firms can boost performance"

Decentralised firms often have a hard time achieving world-class working capital performance. A bylined article by The Hackett Group's Gerhard Urbasch.

January 9, 2017

SupplyChainBrain, "Missing the Money Boat: How Supply Chains Fail to Optimize Working Capital,"

Companies have a pretty good grip on the movement of physical goods in their supply chains. But they often overlook the accompanying flow of funds - and the opportunity to make better use of limited working capital.

October 7, 2016

Ameriquest Business Services Blog, "Effectively Managing Working Capital Means Creating a Holistic Working Environment,"

The inability to effectively manage working capital means your enterprise may be wasting a significant amount of cash. Insights from The Hackett Group's U.S. working capital survey.

September 27, 2016 (France/Europe), "Interview d'Adil Lahlou | Associate Principal - REL France."

In French. An interview of Associate Principal of REL France, Adil Lahlou, covering trends from our most recent working capital survey.

September 21, 2016

IDG Expert Network (DACH), "Slight Improvement of Working Capital Performance" In German

In German. The REL Working Capital Performance survey 2016, which examines 960 European companies, shows that €981 billion can be released from balance sheets by optimizing working capital management. The 124 German companies in the study, could improve working capital performance by €226 billions. In the DAX sector, the optimization opportunity is €165 billion. Compared to last year German companies improved overall working capital performance by 3.3 percent.

September 6, 2016