Medtronic Plc's Suppliers Performance
MDT's Supply Chain
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MDT Costs vs Sales of Suppliers Growth |
Revenues of Medtronic Plc's Suppliers, deteriorated by -12.72 % compared to the same quarter a year ago, from the previous quarter, sales fell by -8.2 %, Medtronic Plc recorded an increase in cost of sales by 3.46 % year on year, sequentially cost of sales grew by 0.76 % in Q4.
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Medtronic Plc's Suppliers realized a deteriorated in sales by -12.72 % compared to the same quarter a year ago, from the previous quarter, sales fell by -8.2 %, Medtronic Plc recorded increase in cost of sales by 3.46 % year on year, sequentially cost of sales grew by 0.76 % in Q4.
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News about Medtronic Plc Contracts |
Medtronic Plc's Comment on Supply Chain
We manufacture most of our products at 41 manufacturing facilities located in
various countries throughout the world. The largest of these manufacturing facilities
are located in Arizona, California, Colorado, Connecticut, Florida, Indiana, Massachusetts,
Michigan, Minnesota, New Jersey, Texas, Puerto Rico, Canada, France, Germany,
Ireland, Italy, Mexico, The Netherlands, The Peoples Republic of China, Singapore,
and Switzerland. We purchase many of the components and raw materials used in
manufacturing these products from numerous suppliers in various countries. For
reasons of quality assurance, sole source availability, or cost effectiveness,
certain components and raw materials are available only from a sole supplier.
We work closely with our suppliers to help ensure continuity of supply while maintaining
high quality and reliability. Due to the U.S. FDA’s requirements regarding
manufacturing of our products, we may not be able to quickly establish additional
or replacement sources for certain components or materials. Generally, we have
been able to obtain adequate supplies of such raw materials and components. However,
a sudden or unexpected reduction or interruption in supply, and an inability to
develop alternative sources for such supply, could adversely affect our operations.
Moreover, as directed by the Dodd-Frank Wall Street Reform and Consumer Protection
Act (Dodd-Frank), the SEC has implemented reporting and disclosure requirements
related to the use of certain minerals, known as "conflict minerals":
tantalum, tin, tungsten (or their ores), and gold; which are mined from the Democratic
Republic of the Congo and adjoining countries. Pursuant to these requirements,
we are required to report on Form SD the procedures we employ to determine the
sourcing of such minerals and metals produced from those minerals. There are costs
associated with complying with these disclosure requirements, including for diligence
in regards to the sources of any conflict minerals used in our products, in addition
to the cost of remediation and other changes to products, processes, or sources
of supply as a consequence of such verification activities. In addition, the implementation
of these rules could adversely affect the sourcing, supply, and pricing of materials
used in our products. As of the date of our conflict minerals report for the 2013
calendar year, we were unable to obtain the necessary information on conflict
minerals from all of our suppliers and were unable to determine that all of our
products are conflict free. We may continue to face difficulties in gathering
this information in the future. We may face reputational challenges if we determine
that certain of our products contain minerals not determined to be conflict free
or if we are unable to sufficiently verify the origins for all conflict minerals
used in our products through the procedures we implement.
Medtronic Plc's Comment on Supply Chain
We manufacture most of our products at 41 manufacturing facilities located in
various countries throughout the world. The largest of these manufacturing facilities
are located in Arizona, California, Colorado, Connecticut, Florida, Indiana, Massachusetts,
Michigan, Minnesota, New Jersey, Texas, Puerto Rico, Canada, France, Germany,
Ireland, Italy, Mexico, The Netherlands, The Peoples Republic of China, Singapore,
and Switzerland. We purchase many of the components and raw materials used in
manufacturing these products from numerous suppliers in various countries. For
reasons of quality assurance, sole source availability, or cost effectiveness,
certain components and raw materials are available only from a sole supplier.
We work closely with our suppliers to help ensure continuity of supply while maintaining
high quality and reliability. Due to the U.S. FDA’s requirements regarding
manufacturing of our products, we may not be able to quickly establish additional
or replacement sources for certain components or materials. Generally, we have
been able to obtain adequate supplies of such raw materials and components. However,
a sudden or unexpected reduction or interruption in supply, and an inability to
develop alternative sources for such supply, could adversely affect our operations.
Moreover, as directed by the Dodd-Frank Wall Street Reform and Consumer Protection
Act (Dodd-Frank), the SEC has implemented reporting and disclosure requirements
related to the use of certain minerals, known as "conflict minerals":
tantalum, tin, tungsten (or their ores), and gold; which are mined from the Democratic
Republic of the Congo and adjoining countries. Pursuant to these requirements,
we are required to report on Form SD the procedures we employ to determine the
sourcing of such minerals and metals produced from those minerals. There are costs
associated with complying with these disclosure requirements, including for diligence
in regards to the sources of any conflict minerals used in our products, in addition
to the cost of remediation and other changes to products, processes, or sources
of supply as a consequence of such verification activities. In addition, the implementation
of these rules could adversely affect the sourcing, supply, and pricing of materials
used in our products. As of the date of our conflict minerals report for the 2013
calendar year, we were unable to obtain the necessary information on conflict
minerals from all of our suppliers and were unable to determine that all of our
products are conflict free. We may continue to face difficulties in gathering
this information in the future. We may face reputational challenges if we determine
that certain of our products contain minerals not determined to be conflict free
or if we are unable to sufficiently verify the origins for all conflict minerals
used in our products through the procedures we implement.
MDT's Suppliers Net profit fell by |
MDT's Suppliers Net margin fell in Q4 to |
-43.05 % |
7.55 % |
MDT's vs. Suppliers, Data
(Revenue and Income for Trailing 12 Months, in Millions of $, except Employees)
COMPANY NAME |
MARKET CAP |
REVENUES |
INCOME |
EMPLOYEES |
Medtronic Plc |
111,410.02 |
32,319.00 |
4,234.00 |
95,000 |
Couchbase Inc |
1,293.86 |
139.27 |
-65.13 |
646 |
Eltek Ltd |
61.44 |
33.82 |
5.04 |
0 |
Elastic N v |
10,563.19 |
1,211.06 |
56.09 |
2,978 |
Interlink Electronics inc |
74.84 |
10.41 |
1.08 |
89 |
Mongodb Inc |
25,310.77 |
1,284.04 |
-345.40 |
2,539 |
Alcoa Corp |
5,545.79 |
10,619.00 |
-966.00 |
61,000 |
Arconic Corporation |
3,050.71 |
8,141.00 |
-254.00 |
0 |
Ati Inc |
6,998.22 |
4,173.60 |
423.40 |
9,700 |
Dmc Global Inc |
435.95 |
719.05 |
34.76 |
428 |
Calumet Specialty Products Partners l p |
1,143.55 |
4,202.70 |
362.70 |
2,000 |
Chevron Corp |
292,337.70 |
200,949.00 |
21,411.00 |
42,595 |
Dow Inc |
40,971.41 |
44,622.00 |
660.00 |
35,700 |
Eastman Chemical Co |
11,016.85 |
9,210.00 |
896.00 |
14,000 |
Haynes International inc |
760.32 |
603.80 |
41.94 |
1,123 |
Helen Of Troy Limited |
2,783.98 |
2,082.07 |
162.55 |
1,610 |
Ipg Photonics Corp |
4,124.17 |
1,286.70 |
218.88 |
5,960 |
Illinois Tool Works Inc |
80,332.04 |
16,107.00 |
2,957.00 |
45,000 |
Nlight Inc |
574.58 |
209.11 |
-41.67 |
1,300 |
Lightpath Technologies Inc |
56.25 |
32.49 |
-5.03 |
342 |
Liquidmetal Technologies Inc |
55.04 |
0.51 |
-2.05 |
26 |
Mueller Industries Inc |
5,960.72 |
3,420.35 |
609.65 |
4,244 |
3m Company |
58,042.44 |
32,681.00 |
-6,979.00 |
95,000 |
Materion Corporation |
2,706.61 |
1,665.04 |
95.70 |
2,550 |
Ingevity Corporation |
1,629.72 |
1,691.90 |
-5.40 |
1,500 |
Ryerson Holding Corporation |
1,092.70 |
5,284.10 |
96.60 |
3,000 |
Stepan Company |
1,966.02 |
2,419.82 |
52.23 |
2,073 |
Trecora Resources |
231.52 |
301.32 |
8.99 |
310 |
Trinseo Plc |
171.09 |
3,474.50 |
-946.70 |
2,197 |
Universal Stainless and Alloy Products Inc |
199,014.71 |
261.94 |
-1.41 |
645 |
Viavi Solutions Inc |
2,203.71 |
1,006.40 |
-29.10 |
3,500 |
Vystar Corporation |
0.77 |
-1.37 |
-3.42 |
1 |
Wolfspeed Inc |
3,275.70 |
868.60 |
-620.40 |
4,017 |
Worthington Industries Inc |
3,153.79 |
4,700.98 |
303.63 |
10,500 |
Exxon Mobil Corporation |
454,884.48 |
344,582.00 |
37,354.00 |
63,000 |
Solitario Resources Corp |
30.83 |
0.19 |
-3.38 |
5 |
SUBTOTAL |
1,221,855.47 |
707,993.39 |
55,483.15 |
419,578 |
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