Understanding Industry Potential

Supply Chains to Admire Industry Patterns RESEARCH 2025

Supply Chain Insights LLC Copyright © 2025

2

Supply Chain Insights LLC. Copyright © 2025

3

Relationship of Supply Chain Metrics to Market Capitalization/Employee

Linear regression results. Work over two years with Georgia Tech .

Supply Chain Insights LLC. Copyright © 2025

4

What Is Industry Potential? Shifts 2025-2024 54% of industries decline on operating margin, 82% decline on inventory, 40% down on growth, and 86% decline on ROCE

Operating Margin

Inventory Turns

Annual Growth

Return on Capital Employed

Difference from 2024 - 2015

Industry

2015 2024 Difference from 2024 - 2015 2015 2024

2015 2024 Difference from 2024 - 2015 2015 2024 Difference from 2024 - 2015

0.11 0.08 12.00 11.00 0.06 0.08 0.11 0.09 0.17 0.17 -0.10 -0.04 0.11 0.10 0.04 0.06 0.15 0.16 0.09 0.10 0.05 0.04 0.09 0.08 0.14 0.14 0.17 0.15 0.00 0.13 0.12 0.08 0.21 0.21 0.14 0.15 0.15 0.08 0.10 0.08 0.07 0.06 0.07 0.04 0.02 0.03 0.09 0.08 0.01 0.01 0.12 0.11 0.14 0.12 0.11 0.07 0.07 0.11

-0.03 -1.00 0.02 -0.02 0.00 0.06 -0.01 0.02 0.01 0.01 -0.01 -0.01 0.00 -0.02 0.13 -0.04 0.00 0.01 -0.07 -0.02 -0.01 -0.03 0.01 -0.01 0.00 -0.01 -0.02 -0.04 0.04

5.41 6.91 3.15 2.86 7.43 5.93 7.73 6.45 6.01 4.60 0.11 0.09 5.96 5.05 5.82 4.71 4.50 4.04 8.54 6.96 5.86 4.43 4.49 3.95 4.81 4.48 2.87 2.44 25.05 7.69 2.66 2.46 2.17 2.11 81.03 87.23 1.75 8.11 4.36 4.06 5.09 5.54 5.52 7.65 13.01 12.34 6.24 7.86 7.48 7.43 11.41 10.25 4.42 3.64 7.71 6.95 3.92 4.29

1.50 -0.29 -1.50 -1.28 -1.41 -0.02 -0.91 -1.11 -0.46 -1.58 -1.43 -0.54 -0.33 -0.43

-0.01 0.11 0.03 0.02 0.00 0.07 0.01 0.01 -4.60 0.00 5.43 4.43 -0.04 0.04 0.09 -0.04 -0.04 0.03 0.04 0.00 -0.01 -0.08 -0.07 -0.02 -0.03 0.00 0.01 0.05 -0.28 0.01 -0.08 -0.01 0.02 0.08 0.23 0.05 0.15 0.01 0.04 0.02 0.04 0.00 0.06 0.05 0.03 0.02 0.09 -0.03 0.01 0.01 -0.05 -0.04 0.08 0.05 -0.06 -0.04 0.11 -0.02

0.12 -0.01 0.07 0.00 4.60 -1.00 0.08 -0.13 0.07 -0.04 -0.07 0.05 0.03 0.04 0.29 0.07 0.06 -0.18 -0.14 -0.02 -0.04 -0.01 -0.01 -0.12 0.00 0.01 -0.03 0.02 -0.13

10.00 7.00 0.19 0.14 0.10 0.11 0.15 0.11 0.14 0.13 0.10 0.07 0.12 0.09 0.06 0.09 0.14 0.13 0.12 0.10 0.17 0.06 0.12 0.09 0.17 0.14 0.11 0.09 -0.08 0.07 0.15 0.09 0.19 0.13 0.26 0.25 0.11 -0.11 0.22 0.15 0.22 0.15 0.20 0.08 0.11 0.07 0.21 0.24 0.09 0.07 0.13 0.11 0.11 0.08 0.08 0.02 0.09 0.15

-3.00 -0.05 0.01 -0.04 -0.01 -0.03 -0.03 0.03 -0.01 -0.02 -0.11 -0.03 -0.03 -0.02 0.15 -0.06 -0.06 -0.01 -0.22 -0.07 -0.07 -0.12 -0.04 0.03 -0.02 -0.02 -0.03 -0.06 0.06

Aerospacen & Defense Apparel Manufacturers

Automotive

Automotive Aftermarket

Beverage Chemical

Container & Packaging Conract Manufacturers Diversified Indsustries

Food

Furniture

Durable Household

Non-Durable Household

Medical Device

-17.36

Oil & Gas

-0.20 -0.06 6.20 6.36 -0.30 0.45 2.13 -0.67 1.62 -0.05 -1.16 -0.78 -0.76 0.37

Personal Products Pharmaceuticals

Restaurants Ecommerce

Retail Apparel Retail Broadline

Retail Drugs Retail Food

Retail Home Improvement

B2B Technology

Telecommunications

Semiconductors

Tires

Trucks & Heavy Equipment

Supply Chain Insights LLC. Copyright © 2025

Retail

Retail Apparel Operating Margin vs. Inventory Turns (2015 - 2024)

Best Scenario

4.50

2020

2017

2015

2019

2016

Pharma 0.08, 4:17

2018

2024

2022

4.00

2021

2023

3.50

0.00

0.01

0.02

0.03

0.04

0.05

0.06

0.07

0.08

0.09

0.10

0.11

0.12

Operating Margin Retail Apparel Industry

◆ Average (Operating Margin, Inventory Turns)

Source: Supply Chain Insights LLC, Corporate Annual Reports 2015-2024 from YCharts

Supply Chain Insights LLC Copyright © 2025, p. 6

Retail Drug Industry Operating Margin vs. Inventory Turns (2015 - 2024)

8.00

Best Scenario

2023

2024

7.50

2020

7.00

2022

2021

6.50

2019

Retail Broadline 0.06, 5.37

6.00

2018

2017

2015

5.50

2016

5.00

0.03

0.04

0.05

0.06

0.07

0.08

Operating Margin Retail Drug Industry

◆ Average (Operating Margin, Inventory Turns)

Source: Supply Chain Insights LLC, Corporate Annual Reports 2015-2024 from YCharts

Supply Chain Insights LLC Copyright © 2025, p. 7

Retail Food Industry-Grocery Operating Margin vs. Inventory Turns (2015 - 2024)

13.50

Best Scenario

2016

2015

13.00

2020

2022

2021

Retail Food 0.03,12.51

12.50

2024

2023

2018

2019

2017

12.00

0.01

0.02

0.03

0.04

0.05

Operating Margin Retail Food Industry

◆ Average (Operating Margin, Inventory Turns)

Source: Supply Chain Insights LLC, Corporate Annual Reports 2015-2024 from YCharts

Supply Chain Insights LLC Copyright © 2025, p. 8

Retail Home Improvement Stores Operating Margin vs. Inventory Turns (2015 - 2024)

8.00

Best Scenario

2024

2023

7.50

7.00

2016

2017

6.50

Retail Home improvement 0.08,5.83

2015

6.00

5.50

2020

2019

5.00

2018

2021

4.50

2022

4.00

0.01

0.02

0.03

0.04

0.05

0.06

0.07

0.08

0.09

0.10

0.11

Operating Margin Retail Home Improvement Industry ◆ Average (Operating Margin, Inventory Turns)

Source: Supply Chain Insights LLC, Corporate Annual Reports 2015-2024 from YCharts

Supply Chain Insights LLC Copyright © 2025, p. 9

Restaurants Operating Margin vs. Inventory Turns (2015 - 2024)

Best Scenario

103.00

2019

98.00

93.00

2020

2018

Restaurant 0.15, 84.42

88.00

2024

2023

2016

83.00

2015

2021

78.00

2017

2022

73.00

0.09

0.10

0.11

0.12

0.13

0.14

0.15

0.16

0.17

Operating Margin Restaurant Industry

◆ Average (Operating Margin, Inventory Turns)

Source: Supply Chain Insights LLC, Corporate Annual Reports 2015-2024 from YCharts

Supply Chain Insights LLC Copyright © 2025, p. 10

Process

Beverage Operating Margin vs. Inventory Turns (2015 - 2024)

Best Scenario

6.50

2015

6.00

2016

2017

5.50

Beverage 0.17, 4.97

2018

5.00

2019

2020

2023

2024

4.50

2021

2022

4.00

0.16

0.17

0.18

0.19

Operating Margin

Beverage Industry

◆ Average (Operating Margin, Inventory Turns)

Source: Supply Chain Insights LLC, Corporate Annual Reports 2015-2024 from YCharts

Supply Chain Insights LLC Copyright © 2025, p. 12

Chemical Industry Operating Margin vs. Inventory Turns (2015 - 2024)

Best Scenario

2015

5.50

2016

2020

2017

5.00

2019

2018

2021

Chemical 0.17, 4.97

2023

4.50

2024

2022

4.00

0.07

0.08

0.09

0.10

0.11

0.12

0.13

0.14

0.15

Operating Margin

Chemical Industry

◆ Average (Operating Margin, Inventory Turns)

Supply Chain Insights LLC Copyright © 2025, p. 13

Source: Supply Chain Insights LLC, Corporate Annual Reports 2015-2024 from YCharts

Container and Packaging Operating Margin vs. Inventory Turns (2015 - 2024)

Best Scenario

6.50

2020

2016

2018

6.00

2017

2015

2019

2021

2022

Cont & Pack 0.11, 5.79

5.50

2023

2024

5.00

0.10

0.11

0.12

Operating Growth Container & Packaging Industry

◆ Average (Operating Margin, Inventory Turns)

Source: Supply Chain Insights LLC, Corporate Annual Reports 2015-2024 from YCharts

Supply Chain Insights LLC Copyright © 2025, p. 14

Food Industry Operating Margin vs. Inventory Turns (2015 - 2024)

Best Scenario

9.00

2016

2015

8.50

2018

2019

8.00

2017

Food 0.10, 7.73

2020

7.50

2021

2023

7.00

2024

2022

6.50

0.08

0.09

0.10

0.11

Operating Margin Food Industry

◆ Average (Operating Margin, Inventory Turns)

Source: Supply Chain Insights LLC, Corporate Annual Reports 2015-2024 from YCharts

Supply Chain Insights LLC Copyright © 2025, p. 15

Furniture Industry Operating Margin vs. Inventory Turns (2015 - 2024)

Best Scenario

6.50

2016

6.00

2015

2017

2019

2018

5.50

Furniture 0.05, 5.24

2020

5.00

2021

4.50

2024

2023

2022

4.00

0.02

0.03

0.04

0.05

0.06

0.07

0.08

Operating Margin

Furniture Industry

◆ Average (Operating Margin, Inventory Turns)

Source: Supply Chain Insights LLC, Corporate Annual Reports 2015-2024 from YCharts

Supply Chain Insights LLC Copyright © 2025, p. 16

Household Non-Durable Operating Margin vs. Inventory Turns (2015 - 2024)

2018

Household Non-Durable 0.15, 4.56

Best Scenario

5.00

2015

2017

2016

2023

2019

4.50

2024

2020

2021

4.00

2022

3.50

0.12

0.13

0.14

0.15

0.16

0.17

Operating Margin Household Non-Durable Industry

◆ Average (Operating Margin, Inventory Turns)

Source: Supply Chain Insights LLC, Corporate Annual Reports 2015-2024 from YCharts

Supply Chain Insights LLC Copyright © 2025, p. 17

Medical Device Industry Operating Margin vs. Inventory Turns (2015 - 2024)

2018

Best Scenario

3.00

2019

2017

2015

2016

Medical Device 0.17, 2.73

2021

2020

2024

2.50

2022

2023

2.00

0.14

0.15

0.16

0.17

0.18

0.19

0.20

Operating Margin Medical Device industry

◆ Average (Operating Margin, Inventory Turns)

Source: Supply Chain Insights LLC, Corporate Annual Reports 2015-2024 from YCharts

Supply Chain Insights LLC Copyright © 2025, p. 18

Personal Products Operating Margin vs. Inventory Turns (2015 - 2024)

Best Scenario

3.00

Personal Products 0.11, 2.49

2015

2016

2017

2018

2021

2.50

2024

2020

2019

2022

2023

2.00

0.07

0.08

0.09

0.10

0.11

0.12

0.13

Operating Margin Personal Products Industry

◆ Average (Operating Margin, Inventory Turns)

Source: Supply Chain Insights LLC, Corporate Annual Reports 2015-2024 from YCharts

Supply Chain Insights LLC Copyright © 2025, p. 19

Pharmaceuticals Operating Margin vs. Inventory Turns (2015 - 2024)

Best Scenario

2.50

2018

2017

Pharma 0.22, 2.17

2021

2016

2015

2022

2024

2019

2020

2.00

0.19

0.20

0.21

0.22

0.23

0.24

0.25

2023

Operating Margin Pharmaceutical Industry

◆ Average (Operating Margin, Inventory Turns)

Source: Supply Chain Insights LLC, Corporate Annual Reports 2015-2024 from YCharts

Supply Chain Insights LLC Copyright © 2025, p. 20

Pharmaceuticals Operating Margin vs. Inventory Turns (2015 - 2024)

Best Scenario

2.50

2018

2017

Pharma 0.22, 2.17

2021

2016

2015

2022

2024

2019

2020

2.00

0.19

0.20

0.21

0.22

0.23

0.24

0.25

2023

Operating Margin Pharmaceutical Industry

◆ Average (Operating Margin, Inventory Turns)

Source: Supply Chain Insights LLC, Corporate Annual Reports 2015-2024 from YCharts

Supply Chain Insights LLC Copyright © 2025, p. 21

Discrete

Aerospace and Defense Industry Operating Margin vs. Inventory Turns (2015 - 2024)

Best Scenario

8.00

2018

2019

2020

2021

7.50

2023

2022

2017

7.00

2024

A&D 0.05, 7.11

6.50

2016

6.00

5.50

2015

5.00

4.50

-0.07

-0.05

-0.03

-0.01

0.01

0.03

0.05

0.07

0.09

0.11

0.13

0.15

Operating Margin Aerospace and Defense Industry

◆ Average (Operating Margin, Inventory Turns)

Source: Supply Chain Insights LLC, Corporate Annual Reports 2015-2024 from YCharts

Supply Chain Insights LLC Copyright © 2025, p. 23

Automotive Industry Operating Margin vs. Inventory Turns (2015 - 2024)

Best Scenario

7.50

2015

2018

2017

2016

7.00

2019

Automotive 0.07, 6.66

2021

6.50

2020

6.00

2022

2024

2023

5.50

0.05

0.06

0.07

0.08

0.09

Operating Margin Automotive Industry

◆ Average (Operating Margin, Inventory Turns)

Source: Supply Chain Insights LLC, Corporate Annual Reports 2015-2024 from YCharts

Supply Chain Insights LLC Copyright © 2025, p. 24

Automotive Parts Operating Margin vs. Inventory Turns (2015 - 2024)

Best Scenario

8.00

2016

2019

2015

7.50

2018

2017

7.00

Automotive Parts 0.10, 6.85

2020

2024

6.50

2023

2021

6.00

2022

5.50

0.07

0.08

0.09

0.10

0.11

0.12

0.13

Operating Margin Automotive Parts Industry

◆ Average (Operating Margin, Inventory Turns)

Source: Supply Chain Insights LLC, Corporate Annual Reports 2015-2024 from YCharts

Supply Chain Insights LLC Copyright © 2025, p. 25

Apparel Manufacturing Operating Margin vs. Inventory Turns (2015 - 2024)

Best Scenario

3.50

Apparel Manufacturers 0.11, 2.86

2015

2017

2016

2019

3.00

2018

2020

2024

2021

2023

2.50

2022

2.00

0.06

0.08

0.10

0.12

Operating Margin Apparel Manufacturers industry

◆ Average (Operating Margin, Inventory Turns)

Source: Supply Chain Insights LLC, Corporate Annual Reports 2015-2024 from YCharts

Supply Chain Insights LLC Copyright © 2025, p. 26

B2B Technology Operating Margin vs. Inventory Turns (2015 - 2024)

8.50

Best Scenario

2016

8.00

2024

2019

7.50

2015

2018

2020

2017

7.00

B2B Technology 0.06, 7.10

2021

6.50

2023

2022

6.00

0.04

0.05

0.06

0.07

0.08

0.09

Operating Margin B2B Technology Industry

◆ Average (Operating Margin, Inventory Turns)

Source: Supply Chain Insights LLC, Corporate Annual Reports 2015-2024 from YCharts

Supply Chain Insights LLC Copyright © 2025, p. 27

Contract Manufacturing Operating Margin vs. Inventory Turns (2015 - 2024)

Best Scenario

7.00

2018

2019

6.50

2020

2016

6.00

2017

2015

2021

5.50

Contract Manufacturers 0.04, 5.67

5.00

2022

2024

4.50

2023

4.00

0.02

0.03

0.04

0.05

0.06

0.07

Operating Margin Contract Manufacturers Industry

◆ Average (Operating Margin, Inventory Turns)

Source: Supply Chain Insights LLC, Corporate Annual Reports 2015-2024 from YCharts

Supply Chain Insights LLC Copyright © 2025, p. 28

Diversified Industry Operating Margin vs. Inventory Turns (2015 - 2024)

Best Scenario

5.00

2016

2019

2018

2015

4.50

2020

2017

Diversified 0.13, 4.31

2023

2024

4.00

2021

2022

3.50

0.11

0.12

0.13

0.14

0.15

0.16

Operating Margin Diversified Industry

◆ Average (Operating Margin, Inventory Turns)

Source: Supply Chain Insights LLC, Corporate Annual Reports 2015-2024 from YCharts

Supply Chain Insights LLC Copyright © 2025, p. 29

Furniture Industry Operating Margin vs. Inventory Turns (2015 - 2024)

Best Scenario

6.50

2016

6.00

2015

2017

2019

2018

5.50

Furniture 0.05, 5.24

2020

5.00

2021

4.50

2024

2023

2022

4.00

0.02

0.03

0.04

0.05

0.06

0.07

0.08

Operating Margin

Furniture Industry

◆ Average (Operating Margin, Inventory Turns)

Source: Supply Chain Insights LLC, Corporate Annual Reports 2015-2024 from YCharts

Supply Chain Insights LLC Copyright © 2025, p. 30

Household Durable Industry Operating Margin vs. Inventory Turns (2015 - 2024)

Best Scenario

5.00

2016

Household Durable 0.09, 4.24

2019

4.50

2018

2015

2017

2020

4.00

2023

2024

2021

2022

3.50

3.00

0.06

0.07

0.08

0.09

0.10

0.11

Operating Margin Household Durable Industry

◆ Average (Operating Margin, Inventory Turns)

Source: Supply Chain Insights LLC, Corporate Annual Reports 2015-2024 from YCharts

Supply Chain Insights LLC Copyright © 2025, p. 31

Medical Device Industry Operating Margin vs. Inventory Turns (2015 - 2024)

2018

Best Scenario

3.00

2019

2017

2015

2016

Medical Device 0.17, 2.73

2021

2020

2024

2.50

2022

2023

2.00

0.14

0.15

0.16

0.17

0.18

0.19

0.20

Operating Margin Medical Device industry

◆ Average (Operating Margin, Inventory Turns)

Source: Supply Chain Insights LLC, Corporate Annual Reports 2015-2024 from YCharts

Supply Chain Insights LLC Copyright © 2025, p. 32

Semiconductors Operating Margin vs. Inventory Turns (2015 - 2024)

5.00

Best Scenario

2017

2016

2018

4.50

2015

2019

Semiconductors 0.17, 4.06

2020

4.00

2021

2024

2022

3.50

2023

3.00

0.11

0.12

0.13

0.14

0.15

0.16

0.17

0.18

0.19

0.20

0.21

0.22

0.23

0.24

0.25

Operating Margin Semiconductor Industry

◆ Average (Operating Margin, Inventory Turns)

Source: Supply Chain Insights LLC, Corporate Annual Reports 2015-2024 from YCharts

Supply Chain Insights LLC Copyright © 2025, p. 33

Telecommunications Operating Margin vs. Inventory Turns (2015 - 2024)

17.00

Best Scenario

2021

16.00

15.00

14.00

Semiconductors 0.17, 4.06

13.00

2018

2016

12.00

2019

2015

11.00

2017

2024

2020

10.00

2022

2023

9.00

8.00

0.10

0.11

0.12

0.13

0.14

Operating Margin Telecommunoication Industry ◆ Average (Operating Margin, Inventory Turns)

Source: Supply Chain Insights LLC, Corporate Annual Reports 2015-2024 from YCharts

Supply Chain Insights LLC Copyright © 2025, p. 34

Tires Operating Margin vs. Inventory Turns (2015 - 2024)

4.50

Best Scenario

2016

Trucks & Heavy Equip 0.09, 4.09

2024

2019

2017

2018

2022

4.00

2021

2020

2023

2015

3.50

0.05

0.06

0.07

0.08

0.09

0.10

0.11

0.12

0.13

Operating Margin Tire Industry

◆ Average (Operating Margin, Inventory Turns)

Source: Supply Chain Insights LLC, Corporate Annual Reports 2015-2024 from YCharts

Supply Chain Insights LLC Copyright © 2025, p. 35

SECTION 4

Conclusion

37

Rethink Metrics

Focus on Balanced Scorecard

Focus on Reliability

Supply Chain Insights LLC. Copyright © 2025

38

Conclusion

• Start the journey for supply chain excellence by understanding market potential. • To maximize the value of the firm, align metrics to maximize market capitalization. Focus on improving the balanced scorecard of customer service, operating margin, Return on Capital Employed (ROCE), and inventory turns. • Align functional metrics to improve the balanced scorecard. Reward functional teams on improving reliability.

Supply Chain Insights LLC Copyright © 2025

Page 1 Page 2 Page 3 Page 4 Page 5 Page 6 Page 7 Page 8 Page 9 Page 10 Page 11 Page 12 Page 13 Page 14 Page 15 Page 16 Page 17 Page 18 Page 19 Page 20 Page 21 Page 22 Page 23 Page 24 Page 25 Page 26 Page 27 Page 28 Page 29 Page 30 Page 31 Page 32 Page 33 Page 34 Page 35 Page 36 Page 37 Page 38

Made with FlippingBook Annual report maker