Schneider Electric ranked 4th in The Gartner Supply Chain Top 25 for 2020
- Breaking not only the top 10, but the top five for the first time ever, Schneider Electric Supply Chain celebrates this recognition
- The Group went from the eleventh position in 2019 to fourth in 2020
Schneider Electric, the leader in digital transformation of energy management and automation, announced it has been ranked 4th in The Gartner Supply Chain Top 25 for 2020. Schneider Electric supply chain went from the eleventh position in 2019 to fourth in 2020.
This Gartner recognition scores demonstrate that Schneider-Electric continue to deliver digital transformation and the speed to reach its strategic priorities and its ability to set and execute its strategy.
“We feel this recognition is a reflection of the work of the entire supply chain toward our Tailored Sustainable and Connected (TSC 4.0) transformations and our Winning Plan. Excellence in our supply chain performance is a differentiator and a clear benefit to customers. For us, breaking into the top five is a tremendous achievement and I am so very proud of our team. Celebrate on the run as we continue to build momentum.” - Mourad Tamoud, Executive Vice President Global Supply Chain
Beyond profit, leading companies focus on people and protecting the planet. According to Gartner, “major methodology changes were introduced in 2020, including a conversion to return on physical assets (ROPA) from return on assets (ROA), a reduction in the weighting of the inventory measure and an increase in weighting to the environmental, social and governance (ESG) measure. The three key factors that differentiated leading supply chains this year were being purpose-driven organizations, business model transformers and digital orchestrators.”
The Supply Chain Top 25 ranking comprises two main components: business performance and opinion. Business performance in the form of public financial and ESG (environmental, social, governance) data provides a view into how companies have performed in the past, while the opinion component offers an eye to future potential and reflects leadership in the supply chain community. These two components are combined into a total composite score.
Gartner analysts derive a list of companies from a combination of the Fortune Global 500 and the Forbes Global 2000. In an effort to maintain the list of companies evaluated at a manageable level, a general annual revenue threshold of $12 billion has been applied.