Lenovo ranks 10th in the Gartner® Supply Chain Top 25 for 2024 report
28.5.2024 21:32:00 EEST | Business Wire | Press release
Lenovo has once again been ranked in the Gartner Supply Chain Top 25 for 2024, ranking tenth in this list of global companies with exceptional supply chains. The Gartner Supply Chain Top 25 is a renowned annual ranking of the world’s superior supply chains. From financial and corporate social responsibility data and community opinion, the Gartner Supply Chain Top 25 for 2024 report, celebrates and profiles companies demonstrating excellence in supply chain management.
Over the last 12 months, Lenovo has intensified its focus on key areas in its supply chain, including security, digital transformation, and environmental sustainability, alongside the company’s global/local approach to drive greater efficiencies and improved customer outcomes.
Today, Lenovo’s global hybrid manufacturing network includes 30+ manufacturing sites spanning 10 markets in the 180 markets Lenovo does business in, including Argentina, Brazil, China, Germany, Hungary, India, Japan, Mexico, and the US. This ensures the supply chain remains resilient and can adapt to any disruption.
Lenovo’s supply chain is one of the clearest examples of its global/local strategy and delivers not only operational efficiencies for the business but a definitive advantage to customers through a focus on manufacturing in Europe for Europe, the Americas for the Americas, and Asia for Asia. Bringing manufacturing closer to customers shortens the local supply chain, utilizes the local skilled labor force, and supports Lenovo's sustainability goals through more sustainable manufacturing methods. Building devices close to customers dramatically reduce the freight miles these products incur, providing more efficient and sustainable transportation options. As an example, since becoming operational in 2022, Lenovo’s European manufacturing facility in Hungary has shipped over 1.5 million workstations and servers to over 2,500 customers in 70 markets across EMEA.
Che Min (Jammi) Tu, Senior Vice President and Group Operations Officer, Lenovo, said, “Our supply chain has always been a towering strength for Lenovo and remains fundamental to our future success. Over the past few years, we’ve seen the topic of supply chains make headlines around the world when the flow of goods is impacted and the knock-on effect this has on a business and its reputation. What’s clearer than ever today is that a company’s supply chain is a competitive advantage and can no longer be considered a cost center. In fact, at Lenovo, we’ve successfully transitioned our global supply chain into a commercial center and profit pool. We are also pioneering Manufacturing as a Service, as well as developing and incubating new technologies and solutions within our manufacturing facilities and logistics services that we can offer our customers. For us, we’re incredibly proud that we continue to be recognized as having one of the most exceptional supply chains in the world across all industries.”
Lenovo's commitment to delivering innovation, efficiency, and resilience to customers worldwide is underpinned by its resilient supply chain, ensuring cutting-edge products reach customers securely.
Lenovo's supply chain security approach is built on a foundation of prevention. Suppliers and components are vigorously vetted, with the company’s security-by-design approach embedded into the product lifecycle. By taking a proactive stance against backdoors, tainted products, counterfeits, and hardware/software vulnerabilities, Lenovo safeguards its products and sets a high industry standard for supply chain security.
Doug Fisher, SVP and Chief Security Officer, Lenovo, said, “Lenovo is dedicated to driving supply chain security through leadership, so we remain in front of the supply chain evolution. Our goal is to ensure our products are safe, highly resilient, and trustworthy before entering our customers’ environment. We attest to the integrity of each device right down to the lowest levels in the system.”
Lenovo also remains committed to ESG. It was in the first group of companies and the first PC and smartphone maker to have targets validated in alignment to Science Based Targets initiative’s Net-Zero Standard. It continues to focus on future-proofing its operations by making the supply chain more robust, adaptable, and profitable and recently released Lenovo ESG Navigator, a digital solution for collecting and measuring ESG data points – like energy use - from factory sites in real time.
With the development of an AI-powered ESG assessment system such as Lenovo’s Intelligence Sustainability Solutions Advisor (LISSA), Lenovo is empowering customers with actionable sustainability insights from across the global supply chain to understand the estimated emissions impact across their IT lifecycle and make critical decisions to decrease emissions. Initially developed to support supply chain decision-making, LISSA has now been commercially deployed to support customers’ IT sustainability goals.
As part of Lenovo’s drive towards the circular economy, utilizing the supply chain for customers’ after-sales support, where possible, returned components are repaired by engineers, quality-tested, and reused. To date, 4m+ components, including motherboards, processors, drives, memory, and more, have been diverted from landfills for reuse within the product lifecycle.
About the Gartner Supply Chain Top 25 ranking and methodology
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 three years, 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 derives 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 $15 billion has been applied and companies without physical supply chains are excluded.
Read the full Gartner Supply Chain Top 25 for 2024 Report here.
Gartner Press Release: Gartner Announces 20th Annual Rankings of the Global Supply Chain Top 25, May 22, 2024.
Gartner Insights, The Gartner Supply Chain Top 25 for 2024, https://www.gartner.com/en/supply-chain/research/supply-chain-top-25.
GARTNER is a registered trademark and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally and is used herein with permission. All rights reserved. Gartner does not endorse any vendor, product or service depicted in its research publications and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s Research & Advisory organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose. GARTNER is a registered trademark and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally and is used herein with permission. All rights reserved.
About Lenovo
Lenovo is a US$57 billion revenue global technology powerhouse, ranked #217 in the Fortune Global 500, and serving millions of customers every day in 180 markets. Focused on a bold vision to deliver Smarter Technology for All, Lenovo has built on its success as the world’s largest PC company with a pocket-to cloud portfolio of AI-enabled, AI-ready, and AI-optimized devices (PCs, workstations, smartphones, tablets), infrastructure (server, storage, edge, high performance computing and software defined infrastructure), software, solutions, and services. Lenovo’s continued investment in world-changing innovation is building a more equitable, trustworthy, and smarter future for everyone, everywhere. Lenovo is listed on the Hong Kong stock exchange under Lenovo Group Limited (HKSE: 992) (ADR: LNVGY). To find out more visit https://www.lenovo.com, and read about the latest news via our StoryHub.
To view this piece of content from cts.businesswire.com, please give your consent at the top of this page.
View source version on businesswire.com: https://www.businesswire.com/news/home/20240528610799/en/
Contact information
Stuart Gill
Director of Global Media Relations, Campaigns, and Corporate Content
Corporate Marketing Group +44 (0)7917 437 532
sgill@lenovo.com
About Business Wire
For more than 50 years, Business Wire has been the global leader in press release distribution and regulatory disclosure.
Subscribe to releases from Business Wire
Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from Business Wire
Xtep-Sponsored Chinese Teenage Dancer Claims World Championship at Juste Debout Street Dance World Finals10.3.2026 20:46:00 EET | Press release
Xtep, a well-known sportswear brand from China, proudly announced that Xtep-sponsored Chinese teenage dancers delivered an electrifying performance at the Juste Debout Street Dance World Finals in Paris on Sunday, March 8, 2026, claiming top honors and showcasing a unique fusion of traditional Chinese culture with modern street dance. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260310519224/en/ Chinese Teens Dance to Glory at Juste Debout World Finals Li Yongqiu, a 14-year-old from Southwestern China’s Chongqing Municipality, made history by winning the Global Championship in the Junior Dance Tour, becoming the third Chinese dancer to achieve this feat. His explosive power and technical mastery, honed through years of training that integrates Kungfu elements, captivated judges and audiences alike. The Chinese contingent's success didn't stop there. Zhang Xinlan and Zhang Chuyi secured a Top 8 finish in the Popping Adult D
ATLAS Infrastructure Invests in H2O America, Backs Long-Term Growth Strategy10.3.2026 19:29:00 EET | Press release
ATLAS Infrastructure (“ATLAS”) is a specialist Global Listed Infrastructure investor managing funds on behalf of long-term infrastructure clients. Following the recent equity placement, ATLAS’s actively managed accounts hold ~10.8% voting and economic interest in H2O America (“H2O”). ATLAS was pleased to support H2Os long‑term strategy to invest in local water and wastewater utility operations through our participation in the recent equity raise. ATLAS recognises the disciplined approach from H2O management which focuses on organic investment in existing businesses alongside targeted and accretive transactions such as the acquisition of Quadvest which materially expands H2O’s regulated water footprint in a premium high‑growth jurisdiction. The upsized equity raise, anchored by ATLAS, supports the company strategy through providing significant balance sheet capacity and financial flexibility well into the Company’s 2026-2030 CapEx plan. “Increased investment in water utilities is essent
Svante and Integrated Packaging Company Advance U.S. Biogenic CDR Project to Feasibility10.3.2026 15:57:00 EET | Press release
Svante Technologies Inc. (“Svante”) announced today that its bioenergy with carbon capture and storage (BECCS) project at a paper mill in the Southeast U.S. has progressed to the feasibility study phase. The project is being developed in partnership with an integrated sustainable packaging company, following an extensive screening and pre-feasibility study conducted across several of the partner’s mills. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260310319382/en/ During the feasibility study phase, the companies will complete further engineering and design activities, cost and schedule estimates, and risk assessments required to evaluate commercial viability ahead of a future engineering study leading to final investment decision (FID). Svante’s subsidiary, Svante Development Inc., is co-investing in this phase with the mill owner. The project is designed to capture and permanently store more than 500,000 tonnes per year
Forbes 40th Annual World’s Billionaires List10.3.2026 15:43:00 EET | Press release
Forbes releases its 40th-annual World’s Billionaireslist, the definitive ranking of the planet’s richest people. Wealth surged to unprecedented levels over the past year, with fortunes climbing at a record pace. This year’s list features 3,428 billionaires, the most since the list’s inception in 1987. The world’s wealthiest people are worth a record $20.1 trillion combined, up from $16.1 trillion in 2025. Elon Musktops the Billionaires list for the second year in a row and is the richest person ever recorded, worth an estimated $839 billion. His net worth skyrocketed by half of a trillion dollars from last year, thanks to a rise in the value of Tesla, and SpaceX which is aiming to go public in 2026. Musk is the first person ever recorded to reach the $800 billion mark, as he moves toward becoming the world’s first trillionaire. “It’s the year of the billionaire,” said Chase Peterson-Withorn, Forbes Senior Editor, Wealth. “The planet added more than one billionaire per day over the past
Andersen Global Expands African Presence with Addition of Bravura10.3.2026 15:30:00 EET | Press release
Andersen Global strengthens its presence in Africa through a Collaboration Agreement with Bravura, a leading independent tax and financial advisory firm based in South Africa and Namibia. Founded in 1999, Bravura provides tax and financial advisory solutions to listed and private companies, entrepreneurs, and high-net-worth families across the region. Bravura combines deep financial expertise with an entrepreneurial mindset to deliver tailored strategies that drive value. The firm’s multidisciplinary team provides advisory services in mergers and acquisitions, capital raising, corporate restructuring, and succession planning. Additionally, the firm offers tax and accounting strategy, international tax structuring, global mobility, and exchange control compliance solutions. “At Bravura, we’re driven to redefine standards and deliver bespoke, results-driven solutions that create lasting value for our clients,” said Ian Matthews, head of business development at Bravura. “Our collaboration
In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.
Visit our pressroom