By SCMR Staff ·
September 2, 2020
In our 16th edition of the Supply Chain Top 25, we have an impressive group of leaders with new lessons to share, including a diverse set of six new entrants. In 2020, we have experienced one of the most significant disruptions in a lifetime. Many organizations felt the financial impact of the disruption beginning in early 2020, after we pulled all the financial information used as part of the business measurement component of the methodology. The peer and analyst voting components occurred in March and April of 2020 and reflect voters’ perspectives on how companies dealt with the pandemic. It is instructive to see how many of the Top 25 companies have reacted and positioned themselves for success during and post disruption (see Table 1).
While some countries around the world are reopening their economies, massive uncertainty remains about how much activity will ramp up. Leading companies are defining scenarios to predict how markets will recover post-lockdown with a focus on accelerating competitiveness in the recovery curve, while also building in risk-mitigation strategies in case of a second wave. Leaders need an agile, or adaptive, strategy that allows the supply chain organization to sense and respond to changes in the business context as they happen. They also need to think long term and forecast for the upturn.
Inside the numbers:
The Top 5 High-tech leader Cisco Systems comes in at No. 1 on strong revenue growth, strength in Environmental, Social and Governance (ESG) and recognition of leadership in the community opinion polls. Cisco’s digital businesses are supported by a digital supply chain that can take advantage of data and is predicated on security as a foundation. Supply chain security needs to evolve, and Cisco has been on its own improvement journey, operationalizing the ability to monitor and mitigate partner IT security capabilities. In addition, Cisco has driven significant value in predictability in lead-time, cost savings and inventory reduction, while launching many new products, offers and services. Its ESG efforts include a goal to have all new Cisco products incorporate circular design principles by fiscal year 2025.
By SCMR Staff ·
September 2, 2020
In our 16th edition of the Supply Chain Top 25, we have an impressive group of leaders with new lessons to share, including a diverse set of six new entrants. In 2020, we have experienced one of the most significant disruptions in a lifetime. Many organizations felt the financial impact of the disruption beginning in early 2020, after we pulled all the financial information used as part of the business measurement component of the methodology. The peer and analyst voting components occurred in March and April of 2020 and reflect voters’ perspectives on how companies dealt with the pandemic. It is instructive to see how many of the Top 25 companies have reacted and positioned themselves for success during and post disruption (see Table 1).
While some countries around the world are reopening their economies, massive uncertainty remains about how much activity will ramp up. Leading companies are defining scenarios to predict how markets will recover post-lockdown with a focus on accelerating competitiveness in the recovery curve, while also building in risk-mitigation strategies in case of a second wave. Leaders need an agile, or adaptive, strategy that allows the supply chain organization to sense and respond to changes in the business context as they happen. They also need to think long term and forecast for the upturn.
Inside the numbers:
The Top 5 High-tech leader Cisco Systems comes in at No. 1 on strong revenue growth, strength in Environmental, Social and Governance (ESG) and recognition of leadership in the community opinion polls. Cisco’s digital businesses are supported by a digital supply chain that can take advantage of data and is predicated on security as a foundation. Supply chain security needs to evolve, and Cisco has been on its own improvement journey, operationalizing the ability to monitor and mitigate partner IT security capabilities. In addition, Cisco has driven significant value in predictability in lead-time, cost savings and inventory reduction, while launching many new products, offers and services. Its ESG efforts include a goal to have all new Cisco products incorporate circular design principles by fiscal year 2025.
Subscribe to Supply Chain Management Review Magazine!
Subscribe today. Don’t Miss Out!
Get in-depth coverage from industry experts with proven techniques for cutting supply chain costs and case studies in supply chain best practices.
Start Your Subscription Today!
