Supply Chain Digital Magazine May 2024 | Page 39

APPLE
TOP 10
Apple 5th Ave New York customers with Tim Cook

06

APPLE

REVENUE : US $ 383BN EMPLOYEES : 161,000 CEO : TIM COOK FOUNDED : 1976
Consumer tech giant Apple is one of the world ’ s most valuable companies and , in 2021 , became the first publicly-traded US company to reach a market capitalisation of US $ 2tn .
While its supply chain remains vast , one of Tim Cook ’ s first deeds as CEO back in 2011 was to scale back the company ’ s supply chain vendors from more than 100 to less than 25 .
He also cut the number of warehouses by half and established relationships with contract manufacturers .
supplychaindigital . com 39