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(From India Business Insight)
Nirma, an FMCG company, has received an improvement score of seven 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 Mar 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 receivables and days inventory less days payables outstanding), …