Supply Chain Initiatives
Name
Type
Industry
Location
Insight
Score
Description
Source
TheWorks.co.uk
Digital strategies
Retail
United Kingdom
Supply Chain Optimization
100
The company is implementing technology to streamline its supply chain. This includes the use of data analytics and automation to improve stock management, reduce costs, enhance supplier relations, and ensure timely delivery to both its stores and direct to customers.
Annual report and earnings call
Currys
Digital strategies
Retail
United Kingdom
Supply Chain Optimization
99
Investing in technology to optimize the supply chain for greater efficiency and responsiveness to market changes, including the use of automation and real-time data.
earnings call
Judges Scientific
Digital strategies
Science and Engineering
United Kingdom
Supply Chain Optimization
97
Management has indicated that although supply chain difficulties have attenuated, challenges persist. The goal is to further alleviate these issues to support continued revenue growth and to ensure the robustness of procurement and production processes.
Earnings Call - Report PDF
URA Holdings
Digital strategies
Real Estate
United Kingdom
Supply Chain Optimization
97
Utilizing technology to streamline supply chain operations, reduce costs, and improve time to market. This may include the use of Internet of Things (IoT) technologies and smart inventory management systems.
Earnings Call
Rémy Cointreau
Digital strategies
Food and Beverage
France
Supply Chain Optimization
96
The company plans to utilize technology to streamline its supply chain for better efficiency and to reduce environmental impact.
Annual Report & Earnings Call
Zotefoams
Digital strategies
Consumer Goods
United Kingdom
Inventory and Supply Chain Optimization
95
The company could deploy advanced inventory management and supply chain optimization tools to ensure material availability, reduce waste, and enhance logistic processes. This might include integrating predictive analytics to forecast demand and optimize stock levels.
earnings calls
Barry Callebaut
Digital strategies
Retail
Switzerland
Supply Chain Optimization Risk
94
Enhancements from BC Next Level require optimization of the supply chain and manufacturing to deliver high-value solutions to customers. Difficulties in optimization may compromise profitability and the ability to deliver sustainable solutions effectively.
Barry Callebaut Group – Capital Markets Day and Full-Year Results, Fiscal Year 2022/23
Spirax-Sarco Engineering
Digital strategies
Manufacturing
United Kingdom
Supply Chain Effectiveness
93
In response to prior challenges, the company aims to optimize its supply chain, maintaining metrics such as on-time-to-request (OTTR). Improvements in OTTR will enhance customer service levels, reflecting better overall effectiveness and efficiency in the supply chain network.
H1 2023 Earnings Call
4imprint Group
Digital strategies
Advertising
United Kingdom
Supply Chain Integration
91
There is an initiative to improve supply chain integration through technology. This may include the implementation of new inventory management systems or vendor integration to ensure that product availability and delivery are optimized.
Earnings Call data not provided
Ted Baker
Digital strategies
Retail
United Kingdom
Supply Chain Optimization
89
Another potential initiative is the optimization of the supply chain through digital technologies. Ted Baker may use predictive analytics to improve demand forecasting, automate aspects of the supply chain, and ensure faster delivery times to meet customer expectations.
earnings call
Remy Cointreau
Digital strategies
Food and Drink
France
Supply chain and operational efficiency
88
The company has implemented various cost-saving initiatives to improve manufacturing and logistics efficiency, but needs to ensure these structural changes do not impact its ability to respond to market volatility.
Earnings Call Transcript, H1 23/24
A.G. BARR.
Digital strategies
Food and Beverage
United Kingdom
Improve Operational Efficiency
86
The company is looking to achieve greater operational efficiencies through investment in technology, optimization of supply chain management, and adopting lean manufacturing principles. Initiatives like improving logistics, inventory management, and automation are to be prioritized.
Earnings Call - Operational Strategy Discussion
l'Occitane
Digital strategies
Retail
France
Optimize Operational Efficiency
86
Implement lean manufacturing processes and supply chain optimization to improve cost structures and profit margins. Invest in automation and digital technologies to enhance productivity and agility across the organization.
L'Occitane Annual Report 2024, Operational Excellence
Campbell Soup
Digital strategies
Retail
United States
Supply Chain Productivity
84
The company aims to continuously improve supply chain productivity to partially mitigate ongoing inflationary pressures, enhance the efficiency of operations, and maintain the quality of service expected by customers and partners.
Strategy
Nordstrom
Digital strategies
Fashion
United States
Supply Chain Optimization
84
Nordstrom is making investments to streamline and standardize its supply chain network, inventory, buying, vendor payments and accounting capabilities through changes in technology, methodologies and processes to improve the customer experience and profitability.
Annual Report 2023, page 21 Section 1
Hensoldt
Digital strategies
Consumer Electronics
Germany
Supply Chain and Cost Optimization
83
Hensoldt has established task forces to consistently analyze production costs, supply chains, and customer contracts, aiming to reduce or avoid the impacts of external challenges like material bottlenecks, rising energy prices, and inflation. This strategic priority involves detailed measures to mitigate risk factors affecting their operations and financial performance.
Earnings Release
Intercos
Digital strategies
Consumer Goods
Italy
Supply Chain Optimization
83
Intercos has improved its supply chain reliability, with the impact evident in stronger sales volumes and the ability to better plan production globally. Enhanced supply chain operations have effectively supported business unit growth.
Earnings Call Q1 2023
Procter & Gamble
Digital strategies
Conglomorate
United States
Supply Chain 3.0
83
Driving improved capacity planning, greater supply agility, flexibility, data transparency, scale and resilience, all the way up and down the supply chain inclusive of Procter & Gamble's retail partners.
2024 Q2 Earnings Call Transcript
Sligro Food Group
Digital strategies
Retail
The Netherlands
Supply Chain Optimization
83
With the integration of technology, Sligro aims to optimize its supply chain operations for increased efficiency, which includes the adoption of automated warehousing and logistics solutions.
Sligro Food Group Annual Report
zooplus
Digital strategies
Community and Lifestyle
Germany
Supply Chain Digitization
83
The firm is investing in the digitization of its supply chain to increase efficiency, reduce costs, and improve stock management through better forecasting and real-time inventory tracking.
Zooplus Earnings Call
DKSH
Digital strategies
Information Technology
Switzerland
Supply Chain Digitization
82
The company is advancing the digitization of its supply chain network. This includes initiatives such as automation of distribution centers and engaging in AI pilot projects aimed at optimizing data utilization.
DKSH Earnings Call H2 2023
The Gap
Digital strategies
Clothing and Apparel
United States
Optimize Inventory Levels and Supply Chain Efficiency
82
The Gap aims to optimize inventory levels and increase the efficiency and responsiveness of its supply chain through initiatives like vendor fabric platforming, product demand testing, and in-season rapid response to demand. The company is also developing capabilities to better analyze customer behavior and demand to improve assortment localization and store-level allocations. Key metrics include inventory turnover, inventory days, and on-time in-full (OTIF) delivery rates.
Annual Report 2023, page 17 Section 2
Anglo-Eastern Plantations
Digital strategies
Agriculture and Farming
United Kingdom
Supply Chain Optimization
81
Modernization of supply chain management might be one of Anglo-Eastern Plantations' focus areas. They could be deploying digital solutions like blockchain for better traceability, reduced costs, and enhanced transparency. This would address consumer concerns about sustainability and product origins.
annual reports and earnings calls
MKB Nedn
Digital strategies
Legal
The Netherlands
Cost Optimization
81
The company is committed to reducing operational costs by implementing lean management practices. They are planning to streamline processes, invest in automation, and optimize supply chain efficiencies to improve the bottom line.
Annual report and earnings call from futureId 1
General Dynamics
Digital strategies
Defence
United States
Enhance Operational Execution and Supply Chain Resilience
80
The company is committed to enhancing operational execution and supply chain resilience across its businesses to mitigate the impact of ongoing challenges, improve productivity, and ensure the timely delivery of products and services to customers.
Earnings Call Transcripts, PDF Reports (2023-2024)
MKB Nedn
Digital strategies
Legal
The Netherlands
Cost Efficiency
80
Reducing operational costs while maintaining product quality is a fundamental goal. The company intends to harness technology and process optimization, cut down on waste, and enhance supply chain management to achieve this objective.
earnings call
Sligro Food Group
Digital strategies
Retail
The Netherlands
Operational Efficiency
80
The company plans to enhance operational efficiency by optimizing supply chain management, investing in automated systems, and training employees to improve productivity. This objective will be pursued to ensure timely delivery, reduce operational costs, and maintain high-quality service standards. Key Performance Indicators will include supply chain lead times, cost savings, and customer service satisfaction metrics.
Not available from given data
Smith & Nephew
Digital strategies
Biotechnology
United Kingdom
Optimize Manufacturing and Procurement to Drive Productivity Improvements
80
As part of the 12-Point Plan, Smith & Nephex is driving lean manufacturing across its operations, further reviewing its manufacturing network, and optimizing procurement to deliver more than $200 million in annual cost savings by 2025 to support margin expansion.
Quarterly Report, 2023 Q4, page 21
XP Power
Digital strategies
Financial Services
United States
Supply Chain and Manufacturing Enhancement
80
XP Power plans to further enhance its global supply chain through investments in capacity, systems, and capabilities. Control over diversified manufacturing assets and strategic facility expansion are pivotal to meeting long-term revenue growth ambitions and increasing the company's resilience and capacity.
Earnings Call - Report PDF
Air Products and Chemicals
Digital strategies
Energy
United States
Supply Chain and Logistics Optimization
79
Air Products is focused on optimizing its supply chain and logistics operations, including addressing disruptions and cost increases. The company is using digital and technology solutions to improve the efficiency and resilience of its supply chain and distribution systems.
Annual Report 2023, page 11 Section 2, Quarterly Reports 2023
Chewy
Digital strategies
Commerce and Shopping
United States
Supply Chain Transformation
79
Chewy is transforming its supply chain through initiatives like import routing, inventory planning, and middle mile optimization. This includes closing older non-automated fulfillment centers and opening new automated facilities to drive SG&A leverage.
Quarterly Report Q4 2023, page 6 Section 2
Hilton Food Group
Digital strategies
Agriculture and Farming
United Kingdom
Supply Chain Services through Automation and Robotics
79
The company is continuously developing and applying automation, robotics, and technology services within its supply chain service offering. These advancements are helping to provide a competitive advantage by addressing sector challenges more effectively.
Hilton Food Group plc 2022 Annual report
IMI
Digital strategies
Energy
United Kingdom
Supply Chain Management
79
Inefficient supply chain management could lead to increased costs, production delays, and an inability to meet customer demand. These issues could arise from supplier instability, logistical challenges, or global trade disruptions. Managing these risks is vital to maintaining the company's operational efficiency and customer satisfaction.
2022 Annual Report
Lagardere Group
Digital strategies
Media and Entertainment
France
Supply Chain Digitization
79
The group is investing in digitizing its supply chain to achieve higher efficiency and transparency. This includes RFID technology for inventory tracking and the use of AI in logistics.
annual report
Nordstrom
Digital strategies
Fashion
United States
Optimizing Supply Chain Capabilities
79
Nordstrom is continuing to enhance its supply chain capabilities as part of its Closer to You strategy. This includes optimizing unit flow, improving productivity in distribution and fulfillment centers, and increasing delivery speed to improve the customer experience and profitability despite ongoing cost pressures.
Earnings Call Transcript Q4 2023, section 12
Rotork
Digital strategies
Consumer Electronics
United Kingdom
Supply Chain Optimization
79
Recognizing the impact of supply chain disruptions, Rotork is mindful of ongoing challenges and expresses confidence in making further progress in streamlining supply chain operations to meet expectations on an organic constant currency (OCC) basis in 2023.
Interim dividend Summary
ScS Group
Digital strategies
Retail
India
Improving Supply Chain Efficiency
79
ScS Group is focused on enhancing its supply chain, which has already led to an increase in delivered sales by 3.4%. Reducing lead times for deliveries continues to be a priority, ensuring better customer satisfaction and efficiency within operations.
H1 FY23 Earnings Call - Report PDF
Smiths News
Digital strategies
Retail
United Kingdom
Operational Efficiency Improvements
79
The company plans to improve operational efficiencies through investments in logistics and supply chain optimization. This includes upgrading technology systems, streamlining delivery processes, and reducing waste to lower operational costs and improve profit margins.
Annual reports and earnings calls
4imprint Group
Digital strategies
Advertising
United Kingdom
Operational Efficiency
78
To enhance operational efficiency by streamlining processes, adopting new technologies, and optimizing the supply chain. These improvements are expected to help in reducing costs, speeding up delivery times, and improving overall customer satisfaction.
4imprint Group annual reports and earnings calls
Burberry
Digital strategies
Retail
United Kingdom
Improve Operational Efficiency and Effectiveness
78
Deliver efficiency improvements across the value chain, unlock speed and quality with a focus on strategic categories, and drive process improvements and cost efficiencies. Adapt the operational plan to support execution and prioritize investments, and strengthen the fulfillment operating model.
2024 H1 PDF Report, page 43
Xpediator
Digital strategies
Advertising
United Kingdom
Supply Chain Visibility Tools
78
The company plans to implement advanced supply chain visibility tools that provide real-time tracking and inventory management, which helps in enhancing transparency for clients.
annual report
AFC Energy
Digital strategies
Energy
United Kingdom
Enhance Manufacturing Capabilities
77
The company plans to enhance its manufacturing capabilities to meet the rising demand for its products. This involves investing in manufacturing facilities and optimizing the production process.
annual reports and earnings calls provided
Procter & Gamble
Digital strategies
Conglomorate
United States
Supply Chain 3.0
77
Procter & Gamble is further upgrading its supply chain to enable greater agility, flexibility, scalability, transparency, and resilience. This includes using data and machine learning to optimize logistics, sourcing, and inventory management.
Earnings Call Transcript, Q2 2024
Tortilla Mexican Grill
Digital strategies
Retail
United Kingdom
name 2 here
77
A common strategic priority may be to increase profitability by optimizing the supply chain, reducing operational costs, and introducing higher-margin products. Companies like Tortilla Mexican Grill might focus on leveraging economies of scale to better negotiate with suppliers and streamline processes.
source 2 here
Walmart
Digital strategies
Retail
United States
Supply Chain Automation and Optimization
77
Walmart is deploying automated storage and retrieval systems in its distribution centers and leveraging other supply chain automation technologies to improve productivity, inventory accuracy, and order fulfillment. This is a key part of its strategy to transform its supply chain and support its omnichannel initiatives.
Earnings Call Transcript Q4 2024, section 19
AkzoNobel
Digital strategies
Consumer Electronics
The Netherlands
Supply Chain Optimization
76
AkzoNobel is implementing business-specific supply chains, improving asset productivity, and automating and improving the efficiency of its anchor sites. This is part of its three-pronged industrial transformation program to unlock value in its integrated supply chain.
Earnings Call Transcript, 2023, Q3, section 9
Molnlycke Health Care
Digital strategies
Health Care
Sweden
Enhance Operational Efficiency and Resilience
76
Molnlycke will optimize its global supply chain and manufacturing operations to improve cost-effectiveness, flexibility, and responsiveness. This will involve initiatives such as warehouse consolidation, transportation optimization, and the implementation of Industry 4.0 technologies.
Annual Report 2021, Investor Presentations
Philips
Digital strategies
Consumer Electronics
The Netherlands
Strengthen Supply Chain Reliability
76
Philips plans to further regionalize and optimize its end-to-end supply chain to enhance reliability and service levels. This includes reducing lead times, derisking materials and components, and improving on-time delivery of orders. Key metrics include on-time delivery of orders and reduction in lead times.
Earnings Call Transcript Q4 2022, section 34
Rubis
Digital strategies
Energy
France
Supply Chain Optimization
76
Rubis intends to continue its growth in shipping and supply activities by optimizing its fleet management and investing in new vessels, which are supported by a comprehensive digital and technological framework ensuring efficient supply chain logistics.
PRESS RELEASE
Societe BIC
Digital strategies
Advertising
France
Operational Efficiencies
76
Introducing new capabilities for delivering operating efficiencies, including centralized procurement and value engineering, to deliver cost savings, ensure supply reliability, and advance sustainability goals.
Earnings Call
Supply@ME Capital
Digital strategies
Financial Services
United Kingdom
Improving Operational Efficiency
76
Operational efficiency is a continuous goal for Supply@ME Capital. In 2024 and 2025, the company intends to optimize internal processes and reduce operational costs through automation, training, and process re-engineering to improve profit margins.
Supply@ME Capital earnings call
Ulta Beauty
Digital strategies
Commerce and Shopping
United States
Continue Supply Chain Optimization and Leverage Continuous Improvement
76
Ulta Beauty will continue its supply chain optimization efforts, including completing the retrofit of its Dallas distribution center and beginning the retrofit of its remaining full-service distribution centers. It will also leverage its continuous improvement capabilities to drive additional cost efficiencies.
Earnings Call Transcript, 2024 Q4
A.G. BARR.
Digital strategies
Food and Beverage
United Kingdom
Operational Efficiency
75
Improvement of operational efficiencies through technological advancements, supply chain optimization, and cost reduction strategies to improve margins and profitability.
A.G. BARR annual report
Campbell Soup
Digital strategies
Retail
United States
Enhanced Supply Chain and Execution
75
The company underscores the importance of best-in-class supply chain execution, intending to maintain strong in-market momentum through disciplined supply chain management. This includes addressing inflation-driven net price realization while aiming to deliver consistent full-year guidance outcomes, with EPS trending toward the upper end of the guidance range.
Earnings Call - Report PDF Q3 2023
Essity
Digital strategies
Consumer Goods
Sweden
End-to-End Digitally Enabled Supply Chain
75
Essity is implementing a digitally enabled end-to-end supply chain, including a planning control tower for data visibility, transportation smart hubs for optimizing logistics, and machine learning to improve demand forecasting. This is discussed in the PDF Report, pages 53 and 54.
PDF Report, pages 53 and 54
Flex
Digital strategies
Apps
United States
Supply Chain Digitization and Regionalization
75
Flex is investing in digital supply chain capabilities, real-time visibility, and collaborative supplier relationships to help customers navigate complex global supply chains and adapt to regionalization trends.
Annual Report 2023
Kempower
Digital strategies
Electronics
Finland
Supply chain development
75
Kempower is focused on enhancing its supply chain capabilities, including diversifying its supplier base, improving logistics and operations, and working closely with its partners to ensure a reliable and efficient supply of components and materials to support its growth.
2023 Q4 PDF Report, page 21
Kimberly Clark
Digital strategies
Healthcare
United States
Optimize Margin Structure
75
Kimberly-Clark will implement initiatives and deploy technology and data analytics designed to create a fast, adaptable, integrated supply chain with greater visibility that can deliver continuous improvement. The planned supply chain modernization is expected to generate more than $3 billion in gross productivity and $500 million in working capital savings.
Investor Day 2024 - Quarterly Report, 2024
McLaren Holdings
Digital strategies
Food and Beverage
United Kingdom
Operational Efficiency
75
Improvement in operational efficiency is suggested by the emphasis on working capital management and reduction in operating cash outflows. The company is likely targeting a reduction in inventory levels and boosting quality processes to optimize costs and improve delivery.
Earnings Call Q3 2023, Annual Reports H1 2023
Oakley Capital Investments
Digital strategies
Financial Services
Bermuda
Enhancing Operational Efficiency
75
The company plans to deploy performance enhancement tools such as improving yield management, boosting cross-selling, and investing in marketing to build brands and improve the performance of portfolio companies.
Proven value creation strategies
SKF
Digital strategies
Manufacturing
Sweden
Optimize Supply Chain and Footprint
75
SKF aims to further optimize its supply chain and manufacturing footprint by accelerating regionalization, improving manufacturing excellence, and consolidating its footprint. This will help SKF be closer to customers, reduce transportation needs, and increase cost competitiveness. Key metrics include percentage reduction in CO2 emissions from transportation and percentage of manufacturing sites located in key regional hubs.
Annual Report 2023, page 25 and Earnings Call Transcript Q1 2024, section 5
SSP Group
Digital strategies
Food and Beverage
United Kingdom
Driving Operational Efficiency
75
SSP Group is revitalizing its efficiency program to optimize gross margins, labor costs and overheads. This includes initiatives around supply chain, menu engineering, technology and automation to offset inflationary pressures and drive sustainable margin enhancement.
H1 2023 - PDF Report, Trading & Investor Update - PDF Report
Smiths Group
Digital strategies
Consumer Electronics
United Kingdom
Supply Chain Challenges
75
The company is exposed to supply challenges that may affect its ability to deliver products in a timely manner. Disruptions in the supply chain, including the availability and cost of raw materials, as well as logistic issues, could negatively impact operational efficiency and profit margins.
Smiths Group plc – Q1 Trading Update
Stepan Company
Digital strategies
Chemicals
United States
Cost & Operational Excellence
75
Driving manufacturing excellence to achieve productivity gains while improving reliability and lowering costs. Investing in automation and data analytics to deliver greater efficiencies and strengthen the continuous improvement mindset/culture.
2023 Q1 PDF Report, page 10 Section 1
zooplus
Digital strategies
Community and Lifestyle
Germany
Operational Excellence
75
Focus on achieving operational excellence by streamlining logistics and supply chain processes, leveraging technology for improved efficiency, and ensuring that operations are scalable to support growth.
Earnings Call
DP Eurasia N.V.
Digital strategies
Food and Beverage
The Netherlands
Supply Chain Management
74
The company relies on a robust supply chain to manage its food delivery business effectively. Supply chain disruptions, increased food costs, and the ability to maintain strong supplier relationships are crucial risk factors that could affect operations and margins.
Interim financial statements H1 2023
Dechra Pharmaceuticals
Digital strategies
Biotechnology
United States
Supply Chain Digitalization
74
Dechra is investing in its supply chain capabilities, including implementing a global sales and operations planning process to manage performance and continuing to refine and improve its quality management systems to provide the required levels of regulatory compliance.
Quarterly Report, H1 2023, page 9 Section 2
OVS
Digital strategies
Retail
Italy
Supply-chain Flexibility and POS Innovation
74
OVS plans to enhance its network's image through the renovation of its stores, aiming for improved sales. The digital transformation is focused on supply-chain flexibility and POS innovation, for instance, new digital POS systems meant to enhance functionality and conversion rates.
Annual Report, page 3
SKF
Digital strategies
Manufacturing
Sweden
Create Competitive & Intelligent Value Chains
74
SKF aims to further optimize its supply chain and manufacturing footprint by increasing regionalization, automation, and digitalization to be closer to customers, reduce lead times, and improve cost competitiveness. This includes initiatives like inaugurating a new factory in Monterrey, Mexico and consolidating production in Europe.
SKF First-quarter report 2024, page 6 Section 1; SKF Second-quarter report 2024, page 6 Section 1
Siemens
Digital strategies
Information Technology
Germany
Optimization of Organization and Processes
74
Siemens is leveraging ideas to drive further improvements in its processes and cost structure, such as optimizing factory capacities for shorter lead times and implementing quality initiatives to reduce non-conformance costs.
Annual Report 2023, page 32
Volvo Cars
Digital strategies
Manufacturing
Sweden
Digital Supply Chain Transformation
74
Volmodule.exports = router;vo Cars aims to boost its supply chain's digital planning capabilities by introducing a sophisticated planning system that offers real-time adjustments and resilience in uncertain situations. This includes developing end-to-end supply chain visibility, scenario planning, and real-time assessment of plan changes across the supply chain.
Annual Report 2023, page 32 Section 1
ASML
Digital strategies
Consumer Electronics
The Netherlands
Supply Chain Digitalization
73
ASML is working to digitalize and optimize its supply chain, leveraging technologies like IoT and data analytics to improve visibility, flexibility, and responsiveness. This supports the company's ability to meet customer demand and manage disruptions.
Earnings Call Transcript, Q1 2024
Arrow Electronics
Digital strategies
Technology
United States
Supply Chain Services
73
Beyond integration and engineering services, Arrow's global components business has been expanding its supply chain service offerings, including procurement, logistics, warehousing, financial management, and insights from data analytics. These services are intended to serve customers' direct supply chains and provide fee-based revenue opportunities.
Annual Report 2023, page 4 Section 1
Bath and Body Works
Digital strategies
Retail
United States
Enhance Operational Excellence to Drive Efficiency
73
Undertake enterprise-wide profit optimization efforts to reduce expenses and improve operating efficiency across the business, with a target of $200 million in annual cost savings.
Earnings Call Transcript, Q3 2024
Brenntag
Digital strategies
Manufacturing
Germany
Operational Excellence
73
The company is focused on achieving operational excellence by integrating global and regional procurement and supply chain networks, leveraging local business development opportunities, and improving organizational efficiency.
Earnings Call - Report PDF
Elementis
Digital strategies
Manufacturing
United States
Supply Chain and Procurement Efficiency
73
By 2025, the company seeks to enhance supply chain and procurement efficiency, translating into an additional €10,000,000 of annual cost savings. Elementis identifies these areas as significant contributors to their margin improvement strategy.
Section 26 Information
H&M
Digital strategies
Retail
Sweden
Digitize and Optimize the Supply Chain
73
H&M Group is investing in its supply chain capabilities, including increasing near-shoring, using data and AI for more precise demand forecasting, and improving flexibility and speed to better respond to customer needs. This is aimed at driving both growth and profitability.
Annual Report 2023, page 46
Intercos
Digital strategies
Consumer Goods
Italy
Supply Chain Efficiency
73
Following improvements in their supply chain in the latter half of 2022 and the first quarter of 2023, Intercos intends to further enhance production efficiency to support delivery volume increases. This plan involves continued investment in supply chain reliability and logistical capabilities with the goal of optimizing operations and reducing delivery times.
Earnings Call - Q1 2023
Kingfisher
Digital strategies
Retail
United Kingdom
Supply Chain Visibility Tool
73
Kingfisher has developed an end-to-end supply chain visibility tool to provide real-time data on product movement from factory to store. This tool enables the optimization of inventory levels, replenishment cycles, and demand forecasting, leading to higher availability, reduced inventory days, and shorter lead times.
Quarterly Report, H2 22/23, page 13 Section 3
Leonardo
Digital strategies
Aerospace
Italy
Optimize Supply Chain and Partnerships
73
Leonardo aims to implement supply chain development programs and medium/long-term partnerships, particularly with SMEs, to improve business sustainability. The company also targets training on sustainable supply chain issues for at least 500 key suppliers by 2027 and including ESG criteria in over 70% of major new tenders by 2028.
Annual Report 2023, page 143 Section 1
Nokian renkaat
Digital strategies
Automotive
Finland
Digital supply chain transformation
73
Nokian Tyres is replacing its 20-year-old ERP system with state-of-the-art technology to improve supply chain efficiency, visibility, and agility. This includes automating manual activities, aligning logistics networks, and enhancing customer and supplier collaboration.
Earnings Call Transcript Q1 2023, section 21
Plastic Omnium
Digital strategies
Manufacturing
France
Improve Operational Efficiency
73
Enhance Plastic Omnium's operational efficiency and cost structure through initiatives like purchasing optimization, increased transparency, and process improvements to drive profitability and free cash flow generation.
Quarterly Report, H2 2022, page 5
Ulta Beauty
Digital strategies
Commerce and Shopping
United States
Drive Operational Excellence and Optimization
73
Execute an ambitious multi-year roadmap of transformation initiatives to unlock new capabilities and operating efficiencies, including upgrading the enterprise resource planning platform, expanding and optimizing the supply chain, and enhancing data management systems.
Earnings Call Transcript Q4 2023, section 13
Baxter International
Digital strategies
Healthcare
United States
Streamline Manufacturing and Supply Chain
72
Baxter will continue to optimize its manufacturing footprint and supply chain to improve efficiency, resilience, and cost structure. This includes consolidating operations into 4 vertically integrated global business units and implementing over $300 million in cost savings initiatives. Key metrics include manufacturing cost reductions, inventory turns, and supply chain disruptions.
Earnings Call Transcript, Q4 2022, section 7; Investor Update, section 6
Burckhardt Compression
Digital strategies
Manufacturing
Switzerland
Operational Excellence
72
Operational excellence is a goal with a focus on maintaining a diversified supply network and establishing frame agreements with suppliers to mitigate global supply chain challenges. The company leverages strong project execution teams to maintain profitability and efficiency in operations.
Operational challenges and mitigation from Earnings Call - Report PDF
Cardinal Health
Digital strategies
Health Care
United States
Digital Supply Chain Solutions
72
Cardinal Health's OptiFreight Logistics business is driving growth by delivering value and efficiencies for customers through its leading logistics management offering, which provides healthcare systems with visibility and control over their shipments. This includes real-time shipment tracking and supply chain visibility and resiliency platforms.
Investor Day 2023 - PDF Report
DFS Group
Digital strategies
Retail
United Kingdom
Enhancing Operational Capabilities
72
DFS is continuing to invest in and enhance its operational platforms across sourcing & manufacturing, technology & data, logistics, and people & culture. This includes optimizing its supplier mix, rolling out new data and technology solutions, integrating its delivery operations, and developing its employee value proposition.
H1 2023 - Earnings Call Transcript, H1 2023 - PDF Report, H2 2023 - PDF Report
Diageo
Digital strategies
Food and Beverage
United Kingdom
Digital Tools for Supply Chain Optimization
72
Diageo is using digital tools and technologies like artificial intelligence and automation to optimize its supply chain operations. This includes enhancing demand forecasting, inventory management, and scenario planning capabilities.
Annual Report 2023, page 12 Section 2
Haleon
Digital strategies
Healthcare
United Kingdom
Supply Chain Efficiency
72
To address cost inflation, Haleon undertook SKU rationalization and improved logistics productivity through warehousing and outbound freight consolidation. These measures aim to help offset freight and distribution cost inflation.
Haleon HY 2023 Press Release
Hartford Financial Services Group Inc.
Digital strategies
Financial Services
United States
Optimizing Organizational Efficiency
72
The company is optimizing organizational efficiency with a focus on continuous improvement to drive operational excellence.
2023 Annual Report, page 7 Section 1
Leonardo
Digital strategies
Aerospace
Italy
Supply Chain Digital Transformation
72
As part of its Sustainable Supply Chain initiatives, Leonardo is promoting digital collaboration, leveraging new technologies, to speed up product development, improve operations synchronization, and offer better services to customers.
Annual Report 2023, page 158 Section 2
Smith & Nephew
Digital strategies
Biotechnology
United Kingdom
Improving Productivity
72
Implement a company-wide product pricing process, improve value and cash processes, optimize procurement, and drive manufacturing optimization to improve margins and cash flow.
Quarterly Report, page 27, H1 2023
Stelrad Group
Digital strategies
Manufacturing
United Kingdom
ERP System Optimization
72
The group intends to optimize its Enterprise Resource Planning (ERP) system to improve business processes and data analytics capabilities. The initiative focuses on streamlining operations and enhancing data-driven decision-making.
Stelrad Earnings Call
Strix Group
Digital strategies
Manufacturing
United Kingdom
Supply Chain Optimization
72
Strix Group has taken measures to manage supply chain risks by manufacturing the majority of its filters in-house, thus mitigating third-party risks and improving operational flexibility. This step allows Strix to offer a new level of service to its customers.
Strix Group's Interim Results Statement, Page 5
Amazon
Digital strategies
Retail & Ecommerce
United States
Improve Cost Efficiency in Fulfillment Network
71
Amazon aims to further optimize its fulfillment network and logistics operations to reduce cost-to-serve. Key initiatives include expanding regionalization efforts, increasing inventory placement efficiency, and leveraging automation and robotics to drive productivity gains. Target metrics include reducing touches per package, miles traveled, and fulfillment costs per unit.
Earnings Call Transcript, Q4 2023
Ascential
Digital strategies
Retail
United Kingdom
Operational Efficiency
71
Enhance operational efficiencies through process optimization and cost management initiatives to improve margin and support investment in growth areas.
Earnings Call
Esprinet SpA
Digital strategies
Information Technology
Italy
Cost Optimization
71
The company aims to achieve cost optimization. This consists of both streamlining their operational expenses and increasing the efficiency of their back-office procedures. Reducing headcounts and renegotiating with service suppliers are some of the approaches being taken to manage costs effectively.
Earnings Call, Q3 2023
Keywords Studios
Digital strategies
Gaming
Ireland
Optimization of Product Offerings
71
The company is working on optimizing its product offerings, including AI-led tools within the Globalize and Engage service lines, and is seeking to automate its service processes wherever possible. This work aims to improve efficiency and client satisfaction while reducing costs of service.
Keywords Studios annual reports and earnings calls
Light & Wonder
Digital strategies
Gaming
United States
Enhance Operational Excellence and Margin Expansion
71
Light & Wonder is focused on driving operational excellence and margin enhancement initiatives across the organization. This includes centralizing corporate functions, improving sourcing and distribution processes, and leveraging automation and technology to drive efficiencies. Key metrics to track progress include AEBITDA margin, free cash flow conversion, and the successful implementation of cost optimization programs.
Earnings Call Transcript, 2023 Q4
Wayfair
Digital strategies
Commerce and Shopping
United States
Improve the Core Recipe
71
Ensure availability, speed, and price are the best they can be to drive consistent market share gains. This involves optimizing the supply chain, logistics, and pricing to provide the best customer experience.
Quarterly Report, Q4 2023 - page 12 Section 1