四大研报—安永cash_on_the_road_2012.pdf

Cash on the road Working capital management in the automotive supply industry 2012 Contents Summary 1 WC performance deteriorated in 2011 2 Lower C2C levels since 2002 4 Wide variations in WC performance 8 Opportunities going forward 9 Pursuing key initiatives 10 How Ernst Young can help 12 Glossary 12 Methodology 13 Contacts 14 Cash on the road Summary Cash on the road management reports based on Ernst Young research. For the automotive supply industry, 2011 presented an experience unlike that in any previous year. Macroeconomic uncertainty in Europe and natural disasters in Asia management and supply chains already stretched by the continuing recovery in companies in each region point to the global demand. Against such a backdrop, it is hardly surprising that automotive research indicates that the leading 40 suppliers reported a year-on-year automotive suppliers have up to level in 2010. businesses’ combined sales. and coordination across the automotive