Hackett in the News

February 2, 2010
Big Fat Finance Blog, "Putting the Focus on Cash"

So cash is king, once again. Not that it ever was dethroned; it's just that, for a while, it shared its perch with other corporate goals, like growth. Not anymore. Credit is tight and sales are down, so companies have to wring all they can from the funds they have on hand. This prompts the question, Just how do you do that? A recent report by REL/Hackett Group, "Cash Culture Study," offers some strategies that companies can use to foster a "cash culture."

January 28, 2010
Supply & Demand Chain Executive, "On-shoring Revisited: Aborted Idea or Still Sound Strategy?"

As the recession wanes, organizations considering jumping back into offshoring must adopt a robust total cost model as they rebalance their manufacturing and sourcing strategies, according to Len Prokopets, principal and Sourcing and Procurement Practice co-leader for Archstone Consulting, a division of The Hackett Group. Mr. Prokupets details his recommendations in this extended bylined article.

January 23, 2010
CFOZone, "Crisis has companies focused on cash"

Companies are managing their cash more effectively than they were before the onset of the financial crisis, a survey released on Wednesday suggests. The survey of 53 companies with an average of $24 billion in revenue found that 94 percent consider cash flow optimization to be important or very important. REL's research details the key steps companies can take to build a cash culture, and how prevalent they are in companies today.

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