Seagate Named to Gartner’s Supply Chain Top 25 Rankings for Second Consecutive Year
June 16 2015 - 8:01AM
Business Wire
Seagate Technology plc (NASDAQ:STX), a world leader in storage
solutions, today announced it has been named to the Gartner Supply
Chain Top 25 for 2015, published May 13, 2015. The rankings are
designed to recognize organizations for leadership and best
practice in global supply chain operations.
“Seagate is wholly focused on continuously improving the
effectiveness of our entire supply chain so we can meet the needs
of our customers while adapting to changes in global logistics and
the macro economy,” said Bob Legendre, senior vice president of
supply chain management at Seagate. “Our supply chain has become a
valuable tool giving customers added confidence in Seagate’s
ability to provide a sustainable supply of drives to their
businesses. We are proud to be recognized alongside other industry
leaders on this prestigious list and feel this is validation of our
efforts to develop a world class supply chain.”
This is the second consecutive year that Seagate has ranked
within the Gartner Supply Chain Top 25, advancing from twentieth in
2014 to sixteenth in 2015 as a result of the company’s continued
re-engineering of business practices and strengthening of supplier
relationships.
Seagate’s supply chain improvement efforts have focused on
metrics to streamline and inform business operations which included
developing a supplier risk database benchmarked by customers and
industry leaders to gauge supplier health. An enhanced sales,
inventory, operations and planning process was also implemented to
assure better visibility into customer demands.
The Top 25 is selected from among 300 companies on the Fortune
Global 500 and Global 2000 annual rankings. Assessment by a
distinguished panel of industry and supply chain analysts, and a
peer panel of supply chain professionals, are included in the
scoring process that determines the Top 25.
About Seagate
Seagate creates space for the human experience by innovating how
data is stored, shared and used. Learn more
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States and/or other countries.
About the Gartner Supply Chain Top 25
“The Supply Chain Top 25 rankings comprise two main components:
financial and opinion. Public financial data gives a view into how
companies have performed in the past, while the opinion component
provides an eye to potential and reflects future expected
leadership, a crucial characteristic. These two components are
combined into a total composite score.”
Gartner analysts “derive a master 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 and in recognition of the inflation and growth
these larger companies have experienced, we increased the general
revenue threshold to $12 billion this year.” Gartner “then pares
the combined list down to the manufacturing, retail and
distribution sectors, thus eliminating certain industries, such as
financial services and insurance.”
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Seagate Technology plcEric DeRitis,
408-658-1887eric.deritis@seagate.com
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