Supply Chains to Admire 2023 - Report v4.0

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SUPPLY CHAINS TO ADMIRE | 2023

Tires Over the last decade, the tire industry chased cost and supply chain excellence is evasive. For the period, in this analysis, there are no Supply Chains to Admire winners for the tire industry. Cooper Tires was a winner in 2016 and Bridgestone in 2017. Each Company has a unique definition of supply chain strategy; each has pursued technology and process excellence projects over the last decade, attempting to drive differentiation. For the period, operating margin declined 3% while inventory turns decreased 10%.

Table 28. Tire Sector Evaluation for the Period of 2013-2022

INDUSTRY: Telecommunications

IMPROVE- MENT

COMPANY INFORMATION

PERFORMANCE

VALUE

RETURN ON INVESTED CAPITAL

2022 REVENUE (MS)

SUPPLY CHAIN INDEX

GROWTH (Year Over Year Revenue)

FUNDAMENTAL AVERAGE SCORE

INVENTORY TURNS

OPERATING MARGIN

PRICE TO BOOK

MARKET CAP

NAME

2013 - 2022

Bridgestone

$31,519

2

-1.4%

3.68

11.0%

9.2%

9

1.40

27,954

Cooper-Standard Holdings Co

$2,525

4

-0.8%

16.74

3.0%

-1.1%

6

1.56

990

Goodyear Tire & Rubber

$20,805

3

1.1%

4.46

7.0%

5.4%

6

1.75

5,813

Michelin

$30,151

1

1.3%

3.37

11.7%

9.4%

2

1.58

21,021

MEAN WITH OUTLIERS

$21,250

0.0%

7.06

8.2%

5.7%

5.8

1.57

13,944

MEAN WITHOUT OUTLIERS

0.0%

7.06

8.2%

5.7%

5.8

1.57

13,944

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