Procurement: Page 2
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Opinion4 best practices for the global supply chain of the future
Consulting experts, prioritizing data analytics and highlighting sustainability efforts can help ensure reliable operations in the face of global disruption.
By Polly Mitchell-Guthrie • March 20, 2024 -
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Boeing to spend $4B plus to fix safety, supply chain woes: CFO
The aerospace company is pushing to lower instances of components being completed outside a production line's typical flow.
By Suman Bhattacharyya • March 20, 2024 -
Explore the Trendline➔
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TrendlineInventory Management
See how various companies have adjusted their inventories throughout several economic bullwhips.
By Supply Chain Dive staff -
Courtesy of GE Aerospace.
GE Aerospace to invest $650M in global facilities, US suppliers
The Boeing engine supplier’s spending will include new machines, equipment, building upgrades and improved safety measures.
By Sara Samora • March 20, 2024 -
Daphne Howland/Supply Chain Dive
Macy’s eyes $100M in savings from streamlined supply chain
The company's "Bold New Chapter" will feature automation, distribution center closures, and more.
By S.L. Fuller • March 15, 2024 -
"Gap in Hillcrest Mall" by Raysonho @ Open Grid Scheduler / Scalable Grid Engine is licensed under CC BY 1.0
Gap Inc. gets a lift from retooled sourcing strategy
Falling commodity costs have increased margins, while leaner inventories have helped improve operations and reduced markdowns.
By Ben Unglesbee • March 14, 2024 -
Big Lots makes huge gains in closeout sourcing
The company has revamped its procurement strategy to focus on acquiring inventory from distressed and overstocked retailers and brands.
By Ben Unglesbee • March 14, 2024 -
Courtesy of Lithium Americas
Biden administration boosts EV supply chain with $2B lithium loan
The money will go toward constructing processing facilities at Lithium Americas' upcoming project, expected to produce 40,000 tons of the material a year beginning in 2027.
By Kate Magill • March 14, 2024 -
Courtesy of Target
Target deepens bets on supply chain, inventory management
The retailer has 10 new facilities in the pipeline and is investing in AI and machine learning to sharpen demand planning as it grows its profits.
By Ben Unglesbee • March 13, 2024 -
Kevin Dietsch via Getty Images
How the SEC climate rule will impact manufacturers’ supply chains
Even with scope 3 emissions left out of the new rule, contract manufacturers should be prepared to report emissions data as more states adopt disclosure requirements, experts say.
By Kate Magill • March 12, 2024 -
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Egg and chocolate prices could upend Easter: Wells Fargo
The banking giant said prices of the protein will remain elevated through the holiday as producers work to rebuild their flocks of egg-laying hens.
By Chris Casey • March 12, 2024 -
Courtesy of Bombardier
Bombardier increases supplier support system to 50 members
The manufacturer aims to build inventory in the first half of the year to meet its projected delivery goal of up to 155 aircraft in 2024.
By Kelly Stroh • March 11, 2024 -
SweetBunFactory/iStock via Getty Images
3 things to expect from the pharmaceutical supply chain in 2024
Healthcare experts pointed to shortages, domestic production and the Drug Supply Chain Security Act as trends to watch this year.
By Deborah Abrams Kaplan • March 11, 2024 -
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Supply chain, manufacturing and procurement ‘a very big focus’ for cost-cutting CFOs
Executives' 2024 priorities make sense given geopolitical tensions and the rising costs of raw materials and other inputs, said Boston Consulting Group's Paul Goydan.
By Vincent Ryan • March 8, 2024 -
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Best Buy’s suppliers help defray costs in choppy electronics market
The retailer logged $20 million in vendor spending on things like promotions, displays, special staffing and fulfillment services.
By Ben Unglesbee • March 7, 2024 -
FatCamera via Getty Images
ColumnThe role of ethical leadership in the supply chain
Here are five strengths leaders bring to foster trust and promote ethical conduct.
By Rich Weissman • March 7, 2024 -
Drew Angerer via Getty Images
SEC drops scope 3 emissions from final climate disclosure rule
The agency scaled back reporting requirements for scope 1 and 2 and will take a phased approach to the new mandates.
By Lamar Johnson • March 6, 2024 -
Courtesy of Birkenstock
Birkenstock’s expanding production capacity lifts sales as it eyes more growth ahead
The footwear brand plans to double capacity in the next three years, spending tens of millions of dollars along the way.
By Ben Unglesbee • March 5, 2024 -
Craighead, Shealah. (2020). "President Trump Tours a Lordstown Motors 2021 Endurance" [Photograph]. Retrieved from Flickr.
Supply chain mistake part of Lordstown Motors SEC case
Lordstown misrepresented its timeline for delivering the Endurance electric pickup truck by failing to account for production delays due to parts problems, the SEC said.
By Vincent Ryan • March 5, 2024 -
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Scope 3 will be a focus for large companies regardless of SEC rule outcome, KPMG says
Large companies will still need to track scope 3 emissions as part of California and European Union requirements, analysts said.
By Suman Bhattacharyya • March 4, 2024 -
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Smaller suppliers’ finances have deteriorated since pre-pandemic
Large buyers have been pressuring suppliers, dragging down smaller, private firms’ operational efficiency, according to RapidRatings analysis.
By Ben Unglesbee • March 4, 2024 -
Phynart Studio via Getty Images
Manufacturing pulling out of the ‘malaise’ despite some performance dips: PMI
While some metrics like employment and production were down based on the ISM's monthly report, economists remain optimistic about the year ahead.
By Kate Magill • March 1, 2024 -
Kaarin Vembar/Supply Chain Dive
As Macy’s and others close stores, TJX is picking up the supplier base
With big brand brick-and-mortar options dwindling, the off-brand retailer’s 21,000 vendors are increasingly looking to the company.
By Ben Unglesbee • Feb. 29, 2024 -
Courtesy of Tesla Inc.
Biden administration scrutinizes China’s links to connected vehicle supply chains
The Commerce Department is exploring whether to regulate transactions with China-linked firms supplying automakers with goods, technology or services for their connected cars.
By Edwin Lopez • Feb. 29, 2024 -
Courtesy of Big Lots
Big Lots acquires entire inventory of toy company Hearthsong
The move is part of the company’s larger strategy to reclaim its position in off-price and closeout sourcing.
By Tatiana Walk-Morris • Feb. 27, 2024 -
Sean Gallup via Getty Images
Aerospace players form coalition to strengthen supply chain integrity
Members, such as Boeing and Airbus, formed the group after a supplier was caught selling unapproved parts.
By Kelly Stroh • Feb. 26, 2024
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