BAT makes Gartner Supply Chain top 20 for the first time
08 June 2021
BAT has been ranked 19th in the Gartner Supply Chain Top 25 for 2021 – marking the first time BAT has made the top 20 of this prestigious ranking.
In its second consecutive year in the Gartner rankings, BAT has moved up two places, from 21st in 2020. The Gartner rankings recognise companies globally who have demonstrated excellence in supply chain management, effectively navigating through the COVID landscape.
As BAT evolves into a consumer-centric multi-category consumer products and brands business, its transformation is being powered by the latest digital technology. This allows BAT to respond with greater agility and resilience to the complexity of its growing, new category portfolio supply chain. This transformation is underpinned by BAT’s commitment to put ESG front and centre of its operations, with sustainability firmly embedded into its supply chain management strategies.
BAT’s Group Operations Director Zafar Khan said: “We are honoured to have our supply chain operations recognised in the Gartner Supply Chain Top 25 rankings for the second year in a row. To move up the ranks during a global pandemic is testament to the hard work and excellence of BAT’s operations teams across the world.
“Best-in-class supply chain management has been critical to BAT’s transformation, as we realise our A Better Tomorrow purpose by becoming a multi-category business - all while navigating the challenges presented by the COVID-19 pandemic.
“Throughout our supply chain we are applying modern technologies including AI and machine learning, making analytics available at the touch of a button. This has a positive impact on day-to-day operations management and also helps BAT deliver on its ESG goals, putting sustainability front and centre of all we do.”
The Supply Chain Top 25 ranking comprises two main components: business performance and opinion. Business performance in the form of public financial and ESG (environmental, social, governance) 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 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, a general annual revenue threshold of $12 billion has been applied.
This release contains certain forward-looking statements, including "forward-looking" statements made within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. These statements are often, but not always, made through the use of words or phrases such as "believe," "anticipate," "could," "may," "would," "should," "intend," "plan," "potential," "predict," "will," "expect," "estimate," "project," "positioned," "strategy," "outlook", "target" and similar expressions. These include statements regarding our customer target ambition, New Categories revenue targets and our ESG targets.
All such forward-looking statements involve estimates and assumptions that are subject to risks, uncertainties and other factors. It is believed that the expectations reflected in this release are reasonable but they may be affected by a wide range of variables that could cause actual results to differ materially from those currently anticipated. A review of the reasons why actual results and developments may differ materially from the expectations disclosed or implied within forward-looking statements can be found by referring to the information contained under the headings “Forward-looking statements” and "Group Principal Risks " in the 2020 Annual Report and Form 20-F of British American Tobacco p.l.c. (BAT).
Additional information concerning these and other factors can be found in BAT's filings with the U.S. Securities and Exchange Commission ("SEC"), including the Annual Report on Form 20-F and Current Reports on Form 6-K, which may be obtained free of charge at the SEC's website, http://www.sec.gov and BAT’s Annual Reports, which may be obtained free of charge from the British American Tobacco website www.bat.com.
Past performance is no guide to future performance and persons needing advice should consult an independent financial adviser. The forward-looking statements reflect knowledge and information available at the date of preparation of this release and BAT undertakes no obligation to update or revise these forward-looking statements, whether as a result of new information, future events or otherwise. Readers are cautioned not to place undue reliance on such forward-looking statements.
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