Procurement: Page 2
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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 Ben Unglesbee • Nov. 15, 2023 -
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 Kate Magill • Nov. 14, 2023 -
Explore the Trendline➔
Permission granted by ProtoLabsTrendlineProcurement
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 -
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 Kelly Stroh • Nov. 13, 2023 -
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 -
Retrieved from Anagram website on November 09, 2023
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 Ben Unglesbee • Nov. 10, 2023 -
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 Ben Unglesbee • Nov. 9, 2023 -
Nitram242. (2017). "Tootsie Roll Power Plant" [Photograph]. Retrieved from Flickr.
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 Kelly Stroh • Nov. 9, 2023 -
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 Alejandra Salgado • Nov. 9, 2023 -
Courtesy of Hyundai Motor Group.
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 -
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 Ben Unglesbee • Nov. 8, 2023 -
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 -
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 Sarah Zimmerman • Nov. 7, 2023 -
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 , Kelly Stroh • Nov. 7, 2023 -
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 Kelly Stroh • Nov. 6, 2023 -
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 Ben Unglesbee • Nov. 3, 2023 -
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 -
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 Ben Unglesbee • Nov. 2, 2023 -
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 Edwin Lopez • Nov. 1, 2023 -
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 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 Kate Magill • Oct. 27, 2023 -
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 -
‘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 Ben Unglesbee • Oct. 26, 2023 -
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 Ben Unglesbee • Oct. 26, 2023 -
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 -
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