Walmart and PepsiCo are the companies with the best supply chain management, according to a new report by Kantar-Retail Poweranking, a retail analytics firm in Norwalk, Connecticut. According to the company, over 550 manufacturer and retailer respondents participated in the annual study.
PepsiCo topped the list of companies with the best supply chains according to retailers, gaining nearly 43% approval for its 2017 performance. Retailers noted that the company had the best supply chain management because it loses very little product at the store level and is able to move product in and out of the warehouse at top speed. This is the second year in a row the company topped the list. Following are Coca-Cola (29%) and Procter & Gamble (20%). Retailers said Coca-Cola has good communication and has superior handling of old stock while making sure new stock is replenished. For Procter & Gamble, the report says the company deals well with customer unpredictability.
Rounding out the list are General Mills (15%), Unilever (12%), Kraft Heinz (9%), Mondelez (7%), Nestle (7%), Kellogg (6%) and AB InBev (6%).
Among retailers, Walmart topped the list of superior supply chains at 79%. The report said that Walmart knows how to drive costs out of the systems to efficiently deliver products and ensure minimal damage in the process. Kroger and Costco are a distant second at 38% and 25%, respectively. The report championed Kroger’s strong data accountability and strong reporting as well as Costco’s superior focus on forecasting, availability, lead times, and consistency.
Rounding out the list are Publix (21%), Target (17%), Amazon (17%), Meijer (14%), H-E-B (8%), Walgreens (6%), and Ahold Delhaize (5%).
In ranking retailers, the company focused on data-centric practices, supply chain management, branding, and treating retail as a service.