Mumbai, 30 May 2019: Dun & Bradstreet (D&B), the world’s leading provider of global business information, honored the leading performers of India’s Supply Chain Finance sector at the ‘Dun & Bradstreet Supply Chain Finance Awards 2019.’
Dun and Bradstreet India presented a total of 12 awards across sectors such as automobiles, FMCG, cement, food and agro processing, healthcare & pharma, textiles, etc. (full list below).
Key insights from the event:
Manish Sinha, Managing Director, Dun & Bradstreet – India said, “There is a huge value in Supply Chain Financing, which could result in a massive 50% drop in the cost of working capital. The initiators of it have to be the large companies and it helps in the growth of net sales. Implementing Supply Chain Financing also benefits the smaller companies in a big way. However, if the large companies don’t do it, it raises the cost of financing so much, that it cripples the entire system."
The full list of winners –
Sr.no |
Award Category |
Company |
Type |
1 |
Overall Best Anchor |
Shree Cement Limited |
Winner |
2 |
Ashok Leyland Limited |
1st Runner-up |
|
3 |
Mahindra & Mahindra Limited |
2nd Runner-up |
|
4 |
Overall Best Supplier |
Atul Limited |
Winner |
5 |
Ring Plus Aqua Limited |
1st Runner-up |
|
6 |
Overall Best Dealer/Distributor/Trader |
MM Ceramics & Ferro Alloys |
Winner |
Sector Anchor Awards |
|||
1 |
Best Anchor - Automotive Sector |
Shree Cement Limited |
Winner |
2 |
Best Anchor - Cement Sector |
Shree Cement Limited |
Winner |
3 |
Best Anchor - FMCG Sector |
Hindustan Unilever Limited |
Winner |
4 |
Best Anchor - Food and Agro-Processing Sector |
Falcon Marine Exports Limited |
Winner |
5 |
Best Anchor- Healthcare and Pharma Sector |
Johari Digital Healthcare Limited |
Winner |
6 |
Best Anchor- Textile Sector |
Jindal Worldwide |
Winner |