Cisco is Best in Show on Gartner’s Annual Supply Chain Ranking
Editors’ note: We applaud the achievement of Cisco and the other Top 25 companies. However, this headline and image also serve double duty as a tribute to the late, great Fred Willard. We hope you won’t mind.
Gartner Inc. this week released its Supply Chain Top 25 list, its annual ranking of the companies exhibiting the best best practices. Topping the list of the big dogs in 2020 is a new No. 1, Cisco Systems, the technology networking giant.
Other names at the top of the list are Colgate-Palmolive, Johnson & Johnson, Schneider Electric and Nestlé. “With substantial amounts of the economy closed due the COVID-19 pandemic, leaders need an agile strategy that allows the supply chain organization to sense and respond to changes in the business context as they happen,” said Mike Griswold, vice president/analyst with the Gartner Supply Chain practice. “Our ranking highlights companies that possess these strategies and other differentiating capabilities.”
Gartner says its Supply Chain Top 25 is based on the capabilities and best practices of the leading corporate supply chains. How was Cisco able to leap to the front of the pack this year?
“Cisco’s revenue growth, strength in environment, social and corporate governance [ESG] and recognition of leadership in community opinion polls drove the move up from the fifth position in 2019 to the top spot today,” Griswold explained. “Its ESG focus includes the circular economy, with the goal of having 100 percent of new Cisco products incorporate circular design principles by the financial year 2025.”
This is the 16th year of the Supply Chain Top 25. Companies that have attained top-five composite scores for at least seven out of the last 10 years qualify for Gartner’s “Masters” category. For two years running, they are Amazon, Apple, P&G, McDonald’s and Unilever. “The Masters continue to demonstrate advanced lessons for the supply chain community,” Griswold said. “The Supply Chain Top 25 offer a platform for insights, learning, debate and contributions to the rising influence of supply chain practices on the global economy.”
For more on the top 25, including the names of the other organizations on the list, go here.