Supply Chains to Admire 2022 - Report v4.0-web

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2022 // SUPPLY CHAINS TO ADMIRE

Tires Over the last decade, the tire industry chased cost. Inventory turns declined. 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 industry, supply chain excellence remains elusive.

Table 28. Tire Sector Evaluation for the Period of 2012-2021

INDUSTRY: Tires

COMPANY INFORMATION

IMPROVEMENT

PERFORMANCE

VALUE

RETURN ON INVESTED CAPITAL

GROWTH (Year Over Year Revenue)

2021 REVENUE

SUPPLY CHAIN INDEX

INVENTORY TURNS

OPERATING MARGIN

PRICE TO BOOK

MARKET CAPITALIZATION

NAME

2012 - 2021

Bridgestone

$29,585

1

-2.0%

3.81

11%

9.3%

1.41

27,562

Cooper-Standard Holdings Co

$2,330

4

-1.5%

16.93

4%

1.5%

1.58

1,040

Goodyear Tire & Rubber

$17,478

3

-1.6%

4.61

7%

5.6%

2.14

5,864

Michelin

$28,154

2

0.1%

3.36

12%

9.8%

1.08

14,558

MEAN WITH OUTLIERS

-2%

4.42

9%

9%

1.63

11,575

MEAN WITHOUT OUTLIERS

$16,568

-2%

4.42

9%

9%

1.63

11,575

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