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Economists may debate whether the credit crisis has officially tipped us
into recession, but it's clear that now is no time to depend on cash
flow from financing or investing.
Yet at a time of declining orders, how can companies depend on cash flow
from operations? How can they keep working capital from swelling as
inventory bloats and collection of receivables slows?
Join CFO.com to learn from past recessions. With help from financial
analyst Karlo Bustos of REL, we'll examine how 500 companies were
performing going into the recession that lasted from March to November
of 2001. We'll look at their working capital, gross margins, and cost of
goods as the recession began, and find out how they fared in 2002 when
the recession ended. We'll also take a look those same 500 companies
today, and what their performance says about their ability to weather
the current economic storm.
Tim Reason, editorial director of CFO.com, will then discuss best
practices with Mark Tennant, President of Americas for REL, an
operational expert on managing working capital. Mark will identify
specific pitfalls to avoid, including poor forecasting, demand planning
errors, and how poorly managed price and promotion changes can wreak
havoc with receivables. He'll also address ways to prevent your sales
department from expediting orders in ways that can raise your production
costs.
This webcast will help companies of all sizes understand how to survive
in a recession, and the key areas to focus on to continue generating a
healthy positive cash flow.
Speakers include:
Mark Tennant, President of Americas, REL
Karlo A. Bustos, Financial Analyst, REL
Tim Reason, Editorial Director, CFO.com
To sign up for this Webcast, or view the on-demand replay, visit the
following URL:
http://www.cfo.com/webcasts/index.cfm/l_eventdetail?webcast=10999552
About REL
REL, a division of The Hackett Group, Inc. (NASDAQ: HCKT), 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.
More information on REL is available: by phone at (770) 225-7300; by
e-mail at info@relconsultancy.com;
or on the Web at www.relconsultancy.com.
About The CFO Group
CFO magazine, CFO.com, CFO Conferences, and CFO Research Services
together constitute The CFO Group, an Economist Group business. With a
rate base of 450,050, CFO is the leading business publication for
C-level and senior financial executives and thus provides a
close-to-the-customer connection that extends across all business lines.
Additionally, The CFO Group also reaches an international audience of
corporate leaders with its global group of magazines, including CFO
Europe, CFO Asia, CFO China, and CFO Russia produced by B2B Media under
license from CFO Publishing Corp. CFO.com reaches roughly 350,000 senior
finance executives each month and won the 2007 Jesse H. Neal Award from
American Business Media for Best Website. CFO Conferences sponsor seven
events in the U.S., as well as custom events of any size. For more
information, visit www.cfo.com.