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(From India Business Insight)
Steelage Industries (SI), an engineering company, has received an improvement score of 11 in Industry 2.0's 2005 survey of the Supply Chain Management (SCM) metrics of India's top 1,000 manufacturing firms. The survey analysed the SCM metrics of companies over a six-year period ended Dec 2004. Only companies whose audited resulted are available were considered. Scores were given based on the incremental improvement shown by companies on three indicators, cash to cash cycle time (defined as sum of days receivable and days inventory less days payable outstanding), inventory …