As global competition intensifies and product and market complexities put pressures on original equipment manufacturers (OEMs) and automotive suppliers, only the companies that implement sustainable models to manage working capital will be able to stay ahead of the pack in the coming decade. Despite the measures taken in the past years by OEMs and their suppliers, the numbers indicate that significant working capital opportunities still remain untapped.
A Q3 2011 analysis of the auto industry indicated $13 billion in working capital opportunities for the top three US automakers and $6.7 billion for US auto suppliers.
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REL, a division of The Hackett Group, Inc. 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.
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