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.
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The Hackett Group helps companies significantly improve the efficiency and effectiveness of their organizations. We objectively measure business performance and provide fact-based transformation plans for achieving and sustaining world class, based on data and analysis from more than 13,300 benchmarks. For the typical Global 1000 company, this could mean as much $302 million in cost savings and more than $3.2 billion in working capital.
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To learn more about The Hackett Group and how we can help your company sharply reduce costs while improving business effectiveness, please contact us at 1 866 844 6514 (US - Toll-Free), +44 20 7398 9100 (UK) or +61 2 9299 8830 (AU).