Organizations that can manage conflicting priorities and still operate with agility, transparency, integrity, and ethics in supply chains can be impressive in times of severe disruption. in this article, we discuss the top 10 supply chain companies globally.
Gartner’s Supply Chain TOP 25 for 2021 recognizes companies whose supply chains have demonstrated that they are purpose-driven, disruptive, and early adopters of innovative technologies.
Gartner recognizes the most consistent examples of supply chain excellence by listing Apple, Amazon, and McDonald’s as Supply Chain Masters. This honor is earned because they have attained top-five composite scores for the Gartner Supply Chain Top 25 at least seven of the past ten years.
Top 10 Supply Chain Companies in the World
1. Cisco Systems
Cisco Systems, a telecommunications technology conglomerate, has been named one of the Gartner Supply Chain Top 25.
Cisco has been able to survive despite all the disruptions over the past 18 months because of its dedication to creating a dynamic, distributed supply network, focusing on dual sourcing to increase resilience, and building meaningful relationships with its suppliers.
Cisco has made an effort to integrate sustainability initiatives into its supply chain business. Cisco has committed to reducing its greenhouse gas (GHG), emissions by 30%, and 80% of its component manufacturing, logistics, and suppliers will be able to achieve a reduction in GHG emissions.
Colgate-Palmolive is a global supplier of household and consumer products to millions. It has shown resilience and agility as well as a commitment to sustainability in its supply chain.
Colgate-Palmolive was featured in Fast Company’s 2021 list, which included the World’s Most Innovative Companies. It was able to create a recyclable plastic tube that is unique in its class, which is also shared with other companies.
Colgate-Palmolive continues to invest in digital capabilities such as factory automation and advanced network modeling. In an effort to improve supply chain reliability and connect manufacturing operations with its supply chain, Colgate-Palmolive is moving to, a predictive maintenance model. Colgate-Palmolive will be able to optimize its performance and monitor its equipment’s health 24 hours a day using wireless sensors and AI-powered data analysis.
3. Johnson & Johnson
Since the outbreak of COVID-19, Johnson & Johnson has been a major player. The Johnson & Johnson Family of Companies, along with the Johnson & Johnson Foundation, pledged $50,000,000 to support frontline healthcare workers by providing meals, personal protective equipment, and training.
Johnson & Johnson was awarded the Power of the Profession Award by Gartner for Patient or Customer Innovation of the Year after a partnership with Prisma Health. A 3D printed device was developed by the pair. This allowed two patients to use one ventilator.
The Healthy Lives Mission of the company includes a promise to use 100% recyclable, compostable, or reusable plastic, recycled paper, and pulp-based packaging by 2020.
4. Schneider Electric
Schneider Electric is a global leader in energy management and automation. It has a diverse supply chain that spans more than 100 countries.
Schneider Electric is committed to ensuring sustainability in the supply chain. This includes adopting an approach called “embedded Sustainability” that ensures that price and quality are not affected by integrating social, environmental, and health value with core business activities.
More than 73% are currently being invested by the company in developing sustainable solutions.
Schneider Electric’s EcoStruxure platform also helps the company to build a network of partners who are committed to innovation in the energy management sector.
Nestle was ranked in the Gartner Supply Chain Top 25 for the second consecutive year with a perfect ESG score.
It’s working to simplify packaging, increase the use of recycled content and make it biodegradable. Nestle also launched the interactive video platform Beneath the Surface last week, which aims at raising awareness among consumers regarding the complex sustainability issues involved in the palm oil supply chain.
The company is expanding its eCommerce business and developing new direct-to-consumer (DTC) capabilities throughout its entire supply chain. This includes customized products, packaging, and fulfillment services.
In March 2012, Intel announced that it would spend $20 Billion to build two new Arizona chip plants amid a global shortage. This announcement reflected the company’s focus on manufacturing and showed its ability to provide innovative supply chain solutions in difficult circumstances.
Intel’s RISE strategy (responsible. inclusive. sustainable. enabling) aims to develop “the most sustainable PC in the world” and eliminate carbon, water, and waste in its design, and use.
Intel’s 2020-21 Corporate Responsibility Report reports that it has increased its renewable energy use from 71% to 81% and conserved 7.1 billion gallons of water.
Intel demands that its 9000+ Tier 1 suppliers comply with the Intel Code of Conduct and the Responsible Business Alliance Code of Conduct to drive sustainability in its supply chain. They also need to develop their own corporate responsibility policies, processes, and strategies.
PepsiCo is committed to investing in digital tools and advanced technology to improve the efficiency of its supply chain. Data integration is a key focus to better serve the consumer and advanced data analytics to create a more efficient and cost-efficient supply chain.
PepsiCo quickly launched two direct-to-consumer (DTC) products after the COVID-19 outbreak. Customers can customize a variety of products at Pantryshop.com or Snacks.com.
Pepsico is committed to ensuring sustainability throughout its supply chain. PepsiCo, for instance, announced its plans last month to become net water negative or replenish more water than the company uses by 2030. The company, if it succeeds, will be one of the most efficient food and beverage producers in high-risk watersheds.
Also read: 9 Technology to Make Smart Warehouse
Walmart’s supply chain is frequently referred to as the most efficient in the world. Walmart has invested $11 million in technology, supply chain, and e-commerce over the past two years. They rely on advanced supply chain data analytics to continuously optimize their complex supply chain processes.”
Walmart+ was launched by the company to compete with Amazon Prime. It introduced a variety of new fulfillment options, such as curbside pickups, and is currently upgrading its warehouse management software (WMS), in order to improve efficiency throughout its supply chain.
The company also pledged to achieve zero emissions by 2040.
L’Oreal’s agile, customer-centric and ethical supply chain practices have helped it reach the top 10 in the Gartner Supply Chain Top 25.
“Digital Beauty” is a major focus in the company’s supply chain strategy. This includes a shift to technology-augmented logistics and increased use of data in order to support the growth of e-commerce.
L’Oreal has an excellent track record in CSR. It is the only company that has been rated Triple-A in client data protection (CDP), for four consecutive years. In addition, it was included in Ethisphere Institute’s 2021 list as one of the Most Ethical Companies. The L’Oreal for the Future program aims to reduce greenhouse gas emissions related to transport by 50% between 2016- 2030.
For the second consecutive year, Alibaba is ranked in the Gartner Supply Chain Top 25 Top 10. This is due to its significant expansion of supply chain companies’ offerings to improve manufacturing efficiency.
Alibaba.com Freight was launched in 2020 by the company. This supply chain-as-a-service initiative allows SMEs to book, manage, track, and compare bulk ocean and air freight in real-time.
The Chinese retailer also collaborated with Unilever in The Waste Free World Initiative, which accelerates the process for high-grade plastic being recycled back into closed-loop systems within China.