5 Best Supply Chain Companies
Companies who are able to maintain supply chains that are nimble, strong, transparent, and ethical despite significant and continual upheaval impress.
Organizations recognized as part of Gartner’s Supply Chain Top 25 for 2021 have shown via their supply chain strategies that they are purpose-driven, disruptive, and early adopters of breakthrough technology.
Having placed in the top five of the Gartner Supply Chain Top 25 for at least seven of the previous ten years, Apple, Amazon, McDonald’s, P&G, and Unilever have all been named Supply Chain Masters by Gartner.
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1. CISCO SYSTEMS
Telecommunications technology giant Cisco Systems has topped Gartner’s Supply Chain Top 25 for the second year in a row.
Cisco has thrived despite setbacks over the last 18 months because of its dedication to developing a dynamic, dispersed supply chain, concentrating on dual sourcing to improve resilience, and cultivating strong connections with its suppliers.
Also, the corporation has made an attempt to include environmental consciousness into its supply chain operations. Cisco has promised to cut its GHG emissions by 30%, and 80% of its component, manufacturing, and logistics suppliers will have similar goals.
2. Colgate-Palmolive
Millions of people all around the world rely on Colgate-assortment Palmolive’s of consumer goods. Its supply chain has shown to be robust, adaptable, and environmentally conscious.
Colgate-Palmolive was recognized as one of the World’s Most Innovative Companies by Fast Company in 2021. It developed a recyclable plastic tube that stands out from the competition and is used by many different businesses.
Investment in digital capabilities, such as industrial automation and sophisticated network modelling, is ongoing at Colgate-Palmolive. Colgate-Palmolive is switching to a predictive maintenance model in an attempt to increase the dependability of its supply chain and strengthen the bonds between its production and distribution operations. Using wireless sensors and AI-powered data analysis, Colgate-Palmolive will be able to improve performance and monitor the health of its equipment around the clock.
3. NESTLE
With over 2000 brands and a presence in almost 200 countries, Nestlé is the biggest food and beverage corporation in the world. The multinational food company started a crowdsourcing programme last year to get their supply teams involved in developing solutions to problems and ideas for new business last year.
4. INTEL
Intel stated in March 2021 that it will invest $20 billion to construct two new chip facilities in Arizona in response to a global chip shortage. This reflected the company’s dedication to manufacturing and its capacity to provide novel supply chain solutions in trying times.
Intel’s RISE (responsible, inclusive, sustainable, enabling) strategy includes the objective of building “the most environmental and energy-efficient PC in the world, eliminating carbon, water and waste in its design and use.”
Intel reports saving 7.1 billion gallons of water and increasing its usage of renewable energy from 71 to 81 percent in its 2020-21 Corporate Responsibility Report.
Intel mandates that its 9,000+ tier 1 suppliers adopt their own corporate responsibility plans, policies, and procedures and adhere to the Intel Code of Conduct and the Responsible Business Alliance (RBA) Code of Conduct in order to promote sustainability across its supply chain.
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5. PepsiCo
PepsiCo is dedicated to investing in digital tools and modern technologies to increase the efficiency of its supply chain. A more effective and economical supply chain may be achieved via the integration of data and the use of sophisticated data analytics, both of which are geared toward better serving the customer.
After the COVID-19 pandemic, PepsiCo acted swiftly to introduce two DTC products. Pantryshop.com and Snacks.com provide customers the opportunity to personalize a wide range of items.
Pepsico is dedicated to maintaining sustainability across its supply chain. Just last month, for example, PepsiCo said that it intends to become water neutral by 2030, meaning that it would restore more water than it will consume. If everything goes well, this business will become a leader among manufacturers of food and drink in areas with a high potential for water contamination.
