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ScanSource named in Fortune’s list of most admired companies

Staff Report //January 23, 2018//

ScanSource named in Fortune’s list of most admired companies

Staff Report //January 23, 2018//

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Point-of-sale technology producer ScanSource Inc. has been named to Fortune magazine’s 2018 list of the World’s Most Admired Companies.

The annual survey, which is given to thousands of senior executives, directors and financial analysts from more than 600 global companies, identifies the organizations with the strongest reputations within their industries and across industries.

ScanSource was joined by packaging company Sonoco Products as the only two S.C.-based companies on the list. ScanSource was rated fourth within the electronics and office equipment wholesalers industry; Hartsville-based Sonoco was top-ranked among packaging and container companies. Fluor, WestRock and Aflac, which all have an S.C. presence, also made the Most Admired list.

ScanSource CEO Mike Baur said in a news release, “This honor reinforces the hard work of our employees across the globe, as it speaks volumes about our commitment to our valued partners, as well as our dedication to providing the services and solutions they need to be successful.”

Rankings measured corporate reputation and performance against nine key attributes: innovation, people management, use of corporate assets, social responsibility, quality of management, financial soundness, long-term investment, quality of products and services and global competitiveness. Each company’s final corporate reputation score is an average of all the key attribute scores, according to the release.