List of Best Supply Chain Companies in 2020
Colgate-Palmolive
Incepted in 1806 in the U.S. Colgate has its operations in 80 countries and sells its products in 225 countries making it one of the most prominent companies.
The supply chain model of Colgate-Palmolive incorporating three key strategies has made it a global leader in its domain. Using Vendor Inventory Control product has decreased the inventory channel, as well as the timing of the cycle. Having a cross-border resource planning system and a collaborative program makes their supply chain model a success.
Inditex
The supply chain model of Inditex is all about traceability and transparency. Having a transparent system where everyone knows where the products are coming from and how they are getting produced, benefits production, as well as consumption.
Also, this makes it easy to check if the cycle adheres to the norms of sustainability.
Nestle
The supply chain and commercial teams at Nestle work at close quarters to inculcate demand forecast. The team also coordinates with the suppliers across the globe to ensure that they procure quality materials. The professionals keep a tab at every step of the supply chain to ensure that good quality products reach the consumers.
PepsiCo
Collaboration and integration are the two pillars that form the basis of the supply chain in PepsiCo. The collaborated and integrated supply chain of this company provides it with a competitive advantage over beverage and snack companies across the globe. The company also has a direct-to-store delivery model.
Cisco Systems
As the company entertains more than three hundred product families, the supply chain of Cisco is truly diverse. The majority of products depend on CTO product model, i.e. they are produced on confirmed orders by the customers. Sustainability goes hand-in-hand with the Cisco supply chain because the company has high standards about ethics, health and safety, labour practices and environment.
Intel
Intel has a powerful supply chain. Its supply chain management is lauded across the globe. Its supply chain management revolves around various factors and responsible material sourcing is one of them. The company picks materials wisely to reduce the impact on the environment and deliver quality to the consumer end. It has a decent management approach.
HP Inc.
HP’s supply chain is one of the most celebrated supply chain models in the IT industry. It consists of hundreds and thousands of production suppliers and non-production suppliers. The company focuses on empowering its workers using strong policies and programs. They offer a great deal of accountability and transparency to the stakeholders.
Johnson and Johnson
Johnson and Johnson dominates the healthcare sector globally. The brand has its reach in more than 60 countries with 275 operating companies and sells its products to over 175 countries. Hence, its supply chain is diverse and complex. The highly visible supply chain model ensures that the best product reaches the customers. All the products are serialized, aggregated and verified.
Starbucks
The vertically integrated supply chain of Starbucks sets an example for other companies. The company participates in every step of the supply chain process. Right from how the coffee beans are picked up to how they are served on the tables of their consumers; the company keeps a tab on everything to improve the efficiency of their system and meet the demands of their customers. The company works in close quarters with around 300,000 coffee growers across the world.
Nike
The supply chain model of Nike is worth appreciating. It has evolved with time for its good. The brand focuses on the quality of the product, consumer satisfaction, customer services, and environmental footprint. This reflects in their supply chain management.
The company procures raw materials from external sources and the products are produced by independent contractors. Further, the suppliers do their job. The company makes sure that the quality of their product remains top-notch.
Schneider Electric
Schneider Electric has a technologically advanced supply chain that keeps the company ahead of the curve. Right from the procurement of raw materials to manufacturing to planning and delivery of the items, everything is done keeping the desired quality of the product in mind. The brand aims to satisfy the customers while keeping the environment in mind.
Diageo
The supply chain of Diageo concentrates on elevating the local community. The supply chain is focussed towards boosting local economies. The company ensures that the suppliers meet their expected standard and deliver sustainable materials. They also offer training to the suppliers to hone their skills, as well as capabilities. By working on these areas, Diageo creates a robust supply chain.
Alibaba
Alibaba was incepted in the year 1999 and it has quite raised the standards of supply chain management. Certain rules and values run throughout the Alibaba supply chain. Instead of carrying inventory, the company believes in understanding customer behaviour. Forging logistic partnerships, delivering amazing services and employee work rotation is a part of their supply chain management.
Walmart
The company consistently revives its supply chain to meet the tailored demands of the consumers. With the use of the latest technological solutions, the company ensures that consumers get their products at affordable prices.
Their supply chain strategy is all about collaborating, forecasting, planning, and replenishment system. The centralized database system keeps a tab on all the functions.
L’Oreal
The supply chain focuses on the important sectors of its business. Various teams focus on various areas to leverage their supply chain and hence, their business. The industrial logistics team looks into production scheduling, warehouse management and plat procurement. The international logistics team synchronises the logistic chain, as well as procurement flow management. The sales logistic team checks the demand, inculcate services for commercial partners, as well as supply products to retail partners.
H&M
H&M plays three roles while monitoring the supply chain and those are of an importer, wholesaler, as well as retailer. The company takes care of stock management while third parties take care of transportation. The goods are transmitted via the terminal of the brand in Germany and later distributed to several countries. On arrival at the locations, the products are inspected and allocated to either stores or warehouse.
3M
For a massive organisation like 3M, working on the old supply chain models is impossible and incompetent to meet the growing customer demands. Hence, innovation and use of technology are the two pillars that form a robust supply chain of the company. With collaboration and communication with the supplier, as well as customers, help the company to monitor its supply chain.
Novo Nordisk
The supply chain of Novo Nordisk revolves around the Responsible Sourcing program which is used throughout the supply chain. The program relies on the company’s commitment to the UN Guiding Principles on Business and Human Rights and the UN Global Compact.
Home Depot
Project sync is the biggest highlight of Home Depot’s supply chain. The company has adopted clean transportation practices that have helped it optimize its supply chain. Optimization of truckload, greenhouses gases data collection, as well as reporting, are some sustainable practices that have leveraged their supply chain.
Coca Cola Company
The supply chain of Coca Cola Company is divided into various stages. The upstream level of supply chain deals with the production of syrup concentrate. This concentrate is sold to different bottlers. The downstream level incorporates roles of bottlers, distributors, retailers and consumers.
Samsung Electronics
The supply chain of Samsung Electronics incorporates 2,500 suppliers from around the world. The company implies the “Samsung Supplier Code of Conduct” and urges the suppliers to adhere to it whilst following the local regulations, as well as international standards. The company manages the supply chain risks by assessing the suppliers on grounds of sustainability, social responsibilities, human rights, and economics.
BASF
BASF, one of the oldest chemical companies, is the largest in the world. The company has a smart supply chain with logistic visibility platform connected to 600 carriers. This helps in tracking and managing maritime, as well as air shipments, and subsequently optimizing the supply chain.
Adidas
The vast supply chain of Adidas incorporates various countries and independent manufacturers. The global supply chain of the company is diverse with various business partners in Asian, American, and European countries. The 5 categories of suppliers include main suppliers, subcontractors, material and service providers, licenses, and agents. The supply chain risks are accessed and suppliers are urged to work in a socially and environmentally responsible manner.
Akzo Nobel
Akzo Nobel, the leading Dutch company has a globally integrated supply chain. The simple supply chain incorporates easy processes, simple tools, along with accurate data that makes it easy to ride through any situation like sudden economic changes. The supply chain works across twenty-nine sites in nineteen countries.
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