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Goodyear Tire & Rubber Co  (GT)
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    Sector  Consumer Discretionary    Industry Tires
 
 
 

Goodyear Tire & Rubber Co's Suppliers Performance

GT's Supply Chain


 
GT Costs vs Sales of Suppliers Growth
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Goodyear Tire & Rubber Co's Suppliers recorded increase in sales by 11.63 % year on year in Q1 2017, sequentially sales grew by 7.64 %, Goodyear Tire & Rubber Co recorded increase in cost of sales by 2.37 % year on year, sequentially cost of sales grew by 9.07 % in Q1.

More on GT Suppliers




Goodyear Tire & Rubber Co's Comment on Supply Chain


The principal raw materials used by Goodyear are synthetic and natural rubber. Synthetic rubber accounts for approximately 60% of all rubber consumed by us on an annual basis. Our plants located in Beaumont and Houston, Texas supply a major portion of our global synthetic rubber requirements. We purchase all of our requirements for natural rubber in the world market.
Other important raw materials and components we use are carbon black, steel cord, fabrics and petrochemical-based commodities. Substantially all of these raw materials and components are purchased from independent suppliers, except for certain chemicals we manufacture. We purchase most raw materials and components in significant quantities from several suppliers, except in those instances where only one or a few qualified sources are available. We anticipate the continued availability of all raw materials and components we will require, subject to spot shortages and unexpected disruptions caused by natural disasters such as hurricanes and other similar events.
Substantial quantities of fuel and other petrochemical-based commodities are used in the production of tires, synthetic rubber and other products. Supplies of such fuels and commodities have been and are expected to continue to be available to us in quantities sufficient to satisfy our anticipated requirements, subject to spot shortages.


   
GT's Suppliers Net Income grew by GT's Suppliers Net margin fell in Q1 to
10.24 % 10.59 %
   


Goodyear Tire & Rubber Co's Suppliers Sales Growth in Q1 2017 by Industry

Suppliers in Chemical Manufacturing Industry      19.47 %
Suppliers in Chemicals - Plastics & Rubber Industry      4.56 %
Suppliers in Iron & Steel Industry      23.44 %
Suppliers in Auto & Truck Parts Industry -0.32 %   
     
• GT Suppliers Valuation • GT Segment Rev. Growth • GT Segment Inc. Growth • GT Suppliers Mgmt. Effect.


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