Procurement
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2024’s top procurement insights
Tariff mitigation and the de minimis debate dominated sourcing discussions this year.
By Kelly Stroh • Dec. 12, 2024 -
Biden unveils fresh China tariff hikes
The duties will target critical solar energy inputs, including wafers, polysilicon and tungsten products, beginning Jan. 1.
By Philip Neuffer • Dec. 11, 2024 -
Trendline
Retail Supply Chains
Retailers are tapping technology and making operational investments to maintain supply chain resilience. Here’s how.
By Supply Chain Dive staff -
Smithfield to sell 150K hogs, re-establishing independent supplier
The deal allows Murphy Family Ventures to become an independent producer again while reducing Smithfield's livestock footprint.
By Sarah Zimmerman • Dec. 11, 2024 -
La-Z-Boy ‘positioned relatively well’ ahead of China tariffs
But proposed tariffs on Mexico could have a larger impact on the furniture retailer's supply chain.
By Alejandra Carranza • Dec. 10, 2024 -
Off-price retailers aren’t too worried about tariffs
Among the many advantages that stores like TJX, Ross and Burlington have over mainstream retail companies: some protection from protectionism.
By Daphne Howland • Dec. 9, 2024 -
Volkswagen’s PowerCo secures battery materials supply deal
The five-year agreement with Australia-based Novonix, a manufacturer of synthetic graphite material, is slated to start in 2027.
By Kelly Stroh • Dec. 6, 2024 -
Dick’s Sporting Goods to dust off tariff playbook from first Trump presidency
The sports retailer's CFO said the company is well-positioned thanks in part to reduced exposure to China.
By Alejandra Carranza • Dec. 5, 2024 -
Trump taps Peter Navarro as lead trade adviser
The former Trump administration official will return to the White House to advance the president-elect's trade and manufacturing agendas.
By Kate Magill • Dec. 4, 2024 -
L’Oréal Groupe spearheads supplier decarbonization fund
The Solstice program will help SMEs access funding to advance scope 3 commitments.
By Kelly Stroh • Dec. 4, 2024 -
Trump threatens 100% tariffs on BRICS countries
The president-elect vowed to levy the duties if the contingent tries to replace the U.S. dollar's role in international trade.
By Philip Neuffer • Dec. 2, 2024 -
Manufacturing ‘neared stabilization’ in November: PMI
Companies are preparing for growth under a second Trump administration, even as the threat of tariffs causes some uncertainty.
By Kate Magill • Dec. 2, 2024 -
TJX: Tariffs provide buying opportunities
Vendors bringing in goods early to minimize risk could create an inventory surplus for the company to snatch up at favorable prices.
By Kelly Stroh • Dec. 2, 2024 -
Trump taps Jamieson Greer as USTR
The international trade lawyer would lead the agency as the new administration embarks on an aggressive tariff agenda against China and other countries.
By Kate Magill • Nov. 27, 2024 -
Trump calls for 25% tariffs on imports from Canada and Mexico
The president-elect also called for additional 10% tariffs on imports from China as part of his day one White House plans.
By Philip Neuffer • Updated Nov. 26, 2024 -
‘Everything is on the table’: Williams-Sonoma preps for tariff hikes
The home products retailer mapped out a category-by-category plan to reduce sourcing from China, its CFO said on an earnings call.
By Alejandra Carranza • Nov. 25, 2024 -
Tariff concerns loom over construction material pricing
Potential trade policy changes under the incoming Trump administration could raise costs for a wide range of materials, economists say.
By Sebastian Obando • Nov. 21, 2024 -
US-only supply chains will emerge under Trump: PIIE economist
Companies looking to avoid tariffs on imports from China will likely shake up their sourcing, economist Mary Lovely said.
By Alejandra Carranza • Nov. 21, 2024 -
Ferrero invests in hazelnut sourcing as it grows US production
The company awarded a total of $350,000 to Oregon State University and Rutgers University to increase collaboration with local farmers, producers and distributors.
By Kelly Stroh • Nov. 21, 2024 -
Electrolux appoints chief procurement officer
Michelle Shi-Verdaasdonk will oversee the home appliance maker’s materials and product sourcing strategies.
By Kelly Stroh • Nov. 21, 2024 -
Lowe’s braces for potential tariff hikes
The retailer said it diversified its supply chain after Trump’s first tariffs, but 40% of its assortment is sourced abroad and more levies would add costs.
By Daphne Howland • Nov. 20, 2024 -
Home Depot will leverage experience to tackle tariffs
The home improvement retailer plans to take a "differentiated" approach built on its previous efforts to navigate higher duties.
By Philip Neuffer • Nov. 18, 2024 -
Deep Dive
What restaurants, suppliers can learn from McDonald’s E. coli outbreak
The fast food giant’s initial response to the outbreak was quick, but guest sentiment suffered from a lack of direct consumer messaging.
By Julie Littman , Sarah Zimmerman • Nov. 18, 2024 -
Ralph Lauren sources ‘single digit percentage’ of its products from China
The fashion brand's globally-diversified production footprint makes it well-positioned to mitigate potential tariff hikes, CEO Patrice Louvet said.
By Kelly Stroh • Nov. 18, 2024 -
Yeti, e.l.f. Beauty and others prep supply chains for Trump tariffs
Some businesses are planning more production outside of China or mulling price increases. Others are maintaining the status quo.
By Max Garland • Nov. 15, 2024 -
Clorox prioritizes supplier decarbonization efforts
The cleaning product manufacturer is partnering with a carbon tracking service Manufacture 2030 to gain visibility into its vendors’ emission reduction plans.
By Kelly Stroh • Nov. 14, 2024