Procurement: Page 2

  • An Under Armour storefront
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    Kaarin Vembar/Supply Chain Dive
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    Under Armour ‘really excited’ about progress on inventory

    Growth in stock levels has shrunk considerably as the sportswear brand sells through pack-and-hold products and funnels excess stock to its outlet stores.

    By • Nov. 15, 2023
  • Exxon
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    Brandon Bell via Getty Images
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    Exxon to mine lithium in Arkansas for EVs

    The oil giant aims to supply the mineral to more than one million vehicles a year by 2030.

    By • Nov. 14, 2023
  • A wide shot of a factory with machinery, pipelines, and other technology sources on a gray hardwood floor Explore the Trendline➔
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    Permission granted by ProtoLabs
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    Trendline

    Procurement

    Can relationships between buyers and suppliers evolve fast enough to keep up with the speed of ever-changing supply chain risks?

    By Supply Chain Dive staff
  • A Bombardier passenger aircraft flies over the ocean with a strip of land visible.
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    Courtesy of Bombardier
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    How Bombardier is managing its supply chain to reach Q4 delivery goals

    The aircraft manufacturer has moved production in-house and managed issues before they reach the assembly line, helping grow its deliveries last quarter.

    By • Nov. 13, 2023
  • Image shows hands holding cotton buds.
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    Uriel Sinai via Getty Images
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    Better Cotton platform aims to help brands track sourcing

    Nonprofit Better Cotton's goal is to help fashion and textile brands improve traceability within the material's supply chains.

    By Howard Ruben • Nov. 13, 2023
  • Marketing copy from balloon maker Anagram's website
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    Retrieved from Anagram website on November 09, 2023
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    Party City-owned balloon supplier files for bankruptcy

    Anagram entered Chapter 11 amid uncertainty around the manufacturer’s supply contract with the retailer, which is its corporate parent and largest customer.

    By • Nov. 10, 2023
  • An aggregate facility stands in the foreground of dramatic mountains in Alaska.
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    Courtesy of Granite Construction
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    Scientists break ground on sand sourcing traceability

    A research team’s findings, reported in Nature last week, could help support certification programs amid concerns about illicit sourcing from sensitive areas.

    By • Nov. 9, 2023
  • Tootsie Roll Power Plant
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    Nitram242. (2017). "Tootsie Roll Power Plant" [Photograph]. Retrieved from Flickr.
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    Tootsie Roll wrestles with higher ingredient, material costs in 2023

    The candymaker’s cost of sales has increased more than 16% so far this year as limited supply and elevated demand push up commodity prices.

    By • Nov. 9, 2023
  • The Whirlpool logo on a home appliance product.
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    Scott Olson via Getty Images
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    Whirlpool ‘on track’ to reduce $800M in costs via procurement tactics

    In an earnings call, the home appliance company said it reduced parts complexity and used dual sourcing to mitigate supplier-driven disruptions.

    By • Nov. 9, 2023
  • Light gray car seats and arm rest inside a car.
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    Courtesy of Hyundai Motor Group.

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    Hyundai’s EV manufacturing campus draws 3 more suppliers to Georgia

    The latest auto parts manufacturing investments bring the Peach State an estimated $2.5 billion.

    By Sara Samora • Nov. 9, 2023
  • A gray and white Bed Bath & Beyond store.
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    Daphne Howland/Supply Chain Dive
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    How suppliers factored into Overstock’s rebrand as Bed Bath & Beyond

    The struggling online retailer hoped to avoid “confusion” for its vendors by running a single site under the newly acquired brand, according to its former CEO.

    By • Nov. 8, 2023
  • Half-pint milk cartons are lined up on a table and students are sitting in the background.
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    John Moore via Getty Images
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    Milk suppliers sour over carton shortage

    Dairy suppliers and others cite Pactiv Evergreen as the supply problem’s source. Competitors are trying to step up production as beverage producers seek help.

    By Katie Pyzyk • Nov. 8, 2023
  • a close up view of a soybean plant
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    Mario Tama via Getty Images
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    Bunge partners on blockchain tech to trace soy sustainability

    The grain trader will work with one of the world's largest animal feed producers to ensure products sourced from Brazil are free from deforestation.

    By • Nov. 7, 2023
  • Artist rendition of new fulfillment center.
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    Courtesy of Walmart
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    Walmart, Amazon see gains in fulfillment pivots as holidays near

    The rival retailers are zeroing in on improved speed and efficiencies with changes to their e-commerce fulfillment strategies. 

    By Catherine Douglas Moran , • Nov. 7, 2023
  • legal liability
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    Stephen Brashear / Stringer via Getty Images
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    Boeing, Spirit AeroSystems push to re-up 737 production

    Delivery shortfalls this quarter have been driven by supplier quality issues in the aft pressure bulkhead.

    By • Nov. 6, 2023
  • Rite Aid pharmacy store
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    The image by Rick Obst is licensed under CC BY 2.0
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    Rite Aid bankruptcy: Court OKs supply settlement with McKesson

    The initial greenlight keeps pharmaceuticals flowing to the retailer’s stores after the drug distributor threatened earlier to stop shipping.

    By • Nov. 3, 2023
  • Offshore wind turbines in the ocean.
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    Christopher Furlong via Getty Images
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    Ørsted cancels two offshore wind projects citing supply chain problems

    The projects off the coast of New Jersey had become financially unworkable due to delays and increased interest rates, the company said.

    By Diana DiGangi • Nov. 3, 2023
  • Truck and windmills
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    Shutterstock.com/THEPALMER

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    Apple, Amazon, Nike and others back new push to decarbonize supply chains

    The Clean Energy Procurement Academy uses the expertise of its founding members to help suppliers transition to renewable energy sources.

    By • Nov. 2, 2023
  • View of industrial production facility
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    Nordroden via Getty Images
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    Murky economy leads manufacturers to cut staff, expectations: PMI

    The ISM and S&P Global purchasing managers’ indices both showed manufacturers are making adjustments in light of soft demand.

    By • Nov. 1, 2023
  • Nirsevimab (Beyfortus) RSV antibody injection 50mg box
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    Permission granted by AstraZeneca
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    Supply shortage hits infant RSV antibody Beyfortus

    Demand for the product has been higher than expected despite an aggressive supply plan, Sanofi said in a statement.

    By Delilah Alvarado • Oct. 30, 2023
  • Ford F-Series SuperDuty pickup trucks.
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    Courtesy of Ford Motor Co.
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    Ford delays construction on second Kentucky battery plant

    The automaker is working to better negotiate supplier contracts as it contends with the higher costs of EV manufacturing.

    By • Oct. 27, 2023
  • People walk past a Zara storefront, where the window displays are advertising a sale.
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    Michele Tantussi/Getty Images via Getty Images
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    Zara parent company inks $74M deal for recycled polyester material

    Inditex is partnering with Los Angeles-based Ambercycle in a three-year agreement to help scale production of recycled polyester.

    By Laurel Deppen • Oct. 27, 2023
  • U.S. capitol
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    Stefan Zaklin via Getty Images
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    ‘It has already begun’: Senate sounds off on climate disruption to supply chains

    With droughts and heat waves affecting crops and shipping routes this year, the budget committee looked at the rising costs extreme weather will have on supply lines.

    By • Oct. 26, 2023
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    Justin Sullivan via Getty Images
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    S&P logged over 200 supply chain-related credit actions since 2020

    In a recent report, the ratings agency traced how global volatility and disruptions can ripple into corporate finances.

    By • Oct. 26, 2023
  • Display of various Hello Bello products in packages and bottles on a yellow background
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    Courtesy of Hello Bello
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    Hello Bello files for bankruptcy amid supply chain setbacks

    The baby care company — founded by celebrities Kristen Bell and Dax Shepard — struggled with rising manufacturing and shipping costs. 

    By Dani James • Oct. 26, 2023
  • Workers sit a a manufacturing facility for rapid COVID-19 antigen tests. The workers are sitting at tables and surrounded by packages.
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    Lukas Schulze/Getty Images via Getty Images
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    How 4 health system executives are tackling supply chain challenges

    After the COVID-19 pandemic caused worldwide disruptions, executives at four major health systems shared how they’re innovating supply chain tactics.

    By Sydney Halleman • Oct. 25, 2023