Schneider Electric Named to Gartner's Supply Chain Top 25 Ranking for First Time

Company moves from #34 to #18 to join global Top 25 for first time in Schneider Electric's history.

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May 26, 2016, 12:04 ET

ANDOVER, Mass., May 26, 2016 /PRNewswire/ -- Schneider Electric, the global specialist in energy management and automation, today announced it has been named to the Gartner Supply Chain Top 25 for 2016. Gartner's rankings, published May 19, 2016, identify supply chain leaders and highlight their best practices for heads of supply chain and strategy organizations.[1] Schneider Electric moved from #34 in last year's global rankings to #18 this year to join the top 25 for the first time in the company's history.

"This is outstanding recognition for our company, our Life Is On brand strategy and our employees who are dedicated to excellence and delivering on the promise made to our customers," said Annette Clayton, Executive Vice President, Chief Supply Chain Officer, Schneider Electric. "Our goal is to ensure that our large base of global customers experience the benefits of our tailored supply chain approach. We believe Gartner's Top 25 rating confirms our position in the market and our commitment to providing customers with best-in-class supply chains that meet their unique challenges."

Gartner identified the top 25 performers in their 2016 report based on two main components: business performance and opinion. The Top 25 is selected from among a master list of companies on the Fortune Global 500 and Forbes Global 2000 annual rankings.

This is the first year Schneider Electric has joined the Top 25 global rankings. The company was also previously rated #10 in the 2015 Gartner Supply Chain: Europe Top 15 report published September 2015.

According to the report, the Supply Chain Top 25 rankings comprise two main components: business performance and opinion. Business performance in the form of public financial and CSR data provides a view into how companies have performed in the past, while the opinion component offers an eye to future potential and reflects leadership in the supply chain community. These two components are combined into a total composite score.

Gartner analysts derive a master list of companies from a combination of the Fortune Global 500 and the Forbes Global 2000. In an effort to maintain the list of companies evaluated at a manageable level and in recognition of the inflation and growth these larger companies have experienced, in 2015 the general revenue threshold was increased to $12 billion, up from $10 billion.

About Schneider Electric

Schneider Electric is the global specialist in energy management and automation. With revenues of ~$30 billion in FY2015, our 160,000+ employees serve customers in over 100 countries, helping them to manage their energy and processes in ways that are safe, reliable, efficient and sustainable. From the simplest of switches to complex operational systems, our technology, software and services improve the way our customers manage and automate their operations. Our connected technologies reshape industries, transform cities and enrich lives. At Schneider Electric, we call this Life Is On.

www.schneider-electric.com

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[1] Gartner, The Gartner Supply Chain Top 25 for 2016, 18 May 2016