When a company announces a relationship with a minority supplier, investors and analysts tend to file that news release under "social good" and move on. But companies that seek out such business relationships see financial benefits, too, according to new research from The Hackett Group. This Wall Street Journal article is available at: http://www.thehackettgroup.com/news/wsjsupply. Visit The Hackett Group's "In the News" archive for more coverage of Hackett's research and insights in leading business and trade publications. The archive is online at: http://www.thehackettgroup.com/press/. About The Hackett Group The Hackett Group (http://www.TheHackettGroup.com), a strategic advisory firm and an Answerthink company (NASDAQ:ANSR), is a world leader in best practice research, benchmarking and business transformation services that empirically define and enable world-class enterprise performance. Through the acquisition of REL Consultancy Group, a global leader in generating cash improvement from working capital, we offer Hackett-REL Total Working Capital services to liberate cash flow from operations through improved working capital, reduced costs and increased service quality. Hackett-REL has helped clients in more than 60 countries free up over $25 billion through working capital improvements in the last 10 years alone. Only The Hackett Group empirically defines world-class performance in sales, general and administrative (SG&A) and supply chain activities with analysis gained through 3,500 benchmark studies over 14 years at 2,100 of the world's leading companies. Our clients comprise 97% of the Dow Jones Industrials, 77% of the Fortune 100 and 90% of the Dow Jones Global Titans Index.
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