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REL has influenced cash flow in more than 60 countries and 29 languages.
CFO Magazine, "Easing the Squeeze: The 2011 Working Capital Scorecard," - For months after the Great Recession officially ended in June 2009, the need for cash trumped all else. Today, cash is no longer a problem, as corporate coffers are filled to the brim. But don't be too quickto credit working capital improvement. The 2% decrease in days working capital (DWC) last year qualifies as downright modest, some say, although it is certainly an improvement, given that DWC increased 9.9% the prior year, the worst performance in half a decade.
Reuters, "Giants hoard cash, small companies 'starve'-study," - The 1,000 largest U.S. corporations outside the finance sector have used low borrowing costs to build up an $853 billion cushion of cash, but they are hoarding the money rather than spending it, according to a new study by REL Consulting, a division of The Hackett Group, and CFO Magazine.
Effective Working Capital II - Starting with payables, receivables and inventories, this Q&A will set out a handful of simple points around which an FD can start to build a strategic approach to one of the most common, least-openly discussed of capital challenges.
Procurement Leaders (UK), "CPO/CFO insights V: From source-to-settle: Freeing cash from accounts payable," - This report, based on REL findings, looks in depth at the source-to-settle (S2S) cycle and in particular the management of the payment process. If this process is managed poorly it can tie up significant amounts of money.
Business Finance, "The Inherent Folly of Cash Forecasting" - From REL Principal Gavin Swindell: Here's a contrarian view on the apparently hot topic of cash forecasting amongst the CFO's agenda. The Hackett Group recently published a survey of CFOs, and 70 percent rated cash flow forecasting as their top priority to be worked upon in 2011. Now, maybe I am being a little simplistic, but I find this strange.
SupplyChainBrain, "Demand-Based Replenishment: Utilizing Pull-Based Techniques to Optimize Finished Goods Inventory," - In this detailed analyst insight, REL's Michael Rellihan explains how demand-based replenishment can help food and beverage companies significantly stabilize plant operations by establishing fixed production cycles using customer demand instead of a forecast-based ("push") scheduling method.
