Eaton's Recognized for Supply Chain Excellence by Resilinc
CLEVELAND, December 20, 2023--(BUSINESS WIRE)--For the second year in a row, intelligent power management company Eaton was ranked in the top 10 of Resilinc’s Top 30 Most Resilient Suppliers to the high-tech industry. This award recognizes companies who have outstanding supply chain risk and resiliency programs.
"From ongoing shortages to increasing regulation, the high-tech industry continues to be highly disrupted," said Rick Freeman, Resilinc’s director of advisory services. "And despite the many challenges, the companies making up the Top 30 have prioritized building supply chain resiliency. We’re again proud to add Eaton to this list as it’s demonstrated best-in-class practices including collaboration, transparency, risk monitoring, deep supply chain mapping, and proactive mitigation across multiple supply chain tiers."
Eaton was selected based on the Resilinc R Score®. This is a risk-scoring system that measures and benchmarks companies’ supply chain resiliency based on key metrics and data sets. These include performance, network resilience, transparency, continuity of supply, and the maturity of the company’s risk program.
Resilinc’s online database helps companies monitor and predict potential supply disruptions.
"We are honored to be recognized for our commitment to supply chain resiliency," said Chris Pinnegar, vice president of global supplier performance. "This award promotes Eaton’s commitment to minimize risks and disruptions within the supply chain ecosystem. We look forward to the upcoming year as we continue to help set an industry standard for supply chain operations."
The Top 30 achieved the highest R Score® out of over 140,000 suppliers analyzed in the High-Tech, Electronics and Semiconductor supply chain. These companies are part of Resilinc’s mapped network and range from Tier 1 to Tier 5. Data and metrics to determine each supplier’s score are refreshed every quarter.
For more information on Resilinc and its R Score® methodology, click here.
Eaton is an intelligent power management company dedicated to improving the quality of life and protecting the environment for people everywhere. We are guided by our commitment to do business right, to operate sustainably and to help our customers manage power ─ today and well into the future. By capitalizing on the global growth trends of electrification and digitalization, we’re accelerating the planet’s transition to renewable energy, helping to solve the world’s most urgent power management challenges, and doing what’s best for our stakeholders and all of society.
Founded in 1911, Eaton marked its 100th anniversary of being listed on the New York Stock Exchange. We reported revenues of $20.8 billion in 2022 and serve customers in more than 170 countries. For more information, visit www.eaton.com. Follow us on LinkedIn.
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Contacts
Olivia Arbogast
+1 (216) 848 4753
oliviaarbogast@eaton.com
