Supply Chains to Admire 2025 - v1.0

43 SUPPLY CHAINS TO ADMIRE | 2025

43

Tires Over the last decade, the tire industry has chased cost and supply chain excellence, which has been elusive. 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.

Table 28. Tire Sector Evaluation for the Period of 2015-2024

INDUSTRY: Tires

COMPANY INFORMATION

IMPROVEMENT

PERFORMANCE

VALUE

MARKET CAPITALIZIATION PER EMPLOYEE

PRICE TO BOOK

RETURN ON CAPITAL EMPLOYED

GROWTH (Year Over Year Revenue)

SUPPLY CHAIN FUNDAMENTAL SCORE

INVENTORY TURNS

OPERATING MARGIN

SUPPLY CHAIN INDEX

2024 REVENUE

NAME

2015 - 2024

Bridgestone

$ 29,281

4

1

-1.2%

3.42

10.5%

12.1%

1.29 199,471

Cooper-Standard Holdings Co

$ 2,731

3

3

-1.2%

17.07

2.3%

1.5%

1.25 30,259

Goodyear Tire & Rubber

$ 18,878

4

2

1.5%

4.26

6.3%

5.7%

1.14 76,106

Michelin

$ 29,432

5

3

1.7%

3.06

11.8%

10.1%

1.54 184,836

MEAN WITH OUTLIERS

$ 20,081

4

0.2%

6.95

7.7%

7.4%

1.30 122,668

MEAN WITHOUT OUTLIERS

0.2%

6.95

7.7%

7.4%

1.30 122,668

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