Procurement: Page 29
-
Post Holdings sets first target for cutting Scope 3 emissions
The CPG company is looking to cut 30% from its climate footprint tied to sourced ingredients and packaging by 2030.
By Ben Unglesbee • June 22, 2023 -
Depleted cattle herds push beef prices to near record levels
Prices could rise even further as meatpackers grapple with higher costs and compete for a dwindling supply of cattle.
By Sarah Zimmerman • June 22, 2023 -
Explore the Trendline➔
Justin Sullivan via Getty ImagesTrendlineRetail Supply Chains
Retailers are making operational investments and adjustments to maintain supply chain resilience. Here’s how.
By Supply Chain Dive staff -
Walmart’s enhanced seafood policy sets new standards for tuna suppliers
More retailers are tightening regulations aimed at ensuring sustainability in the seafood they stock.
By Peyton Bigora • June 22, 2023 -
Stellantis forms semiconductor joint venture with Foxconn
SiliconAuto will supply chips for the next generation of the automaker’s software-based vehicle platforms starting in 2026.
By Eric Walz • June 22, 2023 -
Kate Spade, Adidas and other brands commit to more transparent leather supply chain
Two nonprofits have launched a joint initiative, asking apparel companies to create deforestation-free leather supply chains.
By Laurel Deppen • June 21, 2023 -
How footwear maker Keen tries to ‘control the controllables’ in its supply chain
Owning many of the factories that make its products has allowed the brand to stay focused on quality and sustainability amid widespread disruption.
By Ben Unglesbee • June 20, 2023 -
Sponsored by Amazon Business
Procurement as a growth engine: How procurement can drive business growth with intuitive buying
Companies worldwide have begun to realize procurement’s potential to promote growth and innovation.
June 20, 2023 -
Why automakers are fretting over four words in the Inflation Reduction Act
A prohibition on sourcing material from “foreign entities of concern” is causing apprehension among companies reliant on China, a critical mineral powerhouse.
By Kate Magill • June 15, 2023 -
Pork prices weaken on excess supply, fueling concerns amid Prop 12 uncertainty
Packers like Hormel Foods and Tyson Foods have reported sales declines, citing inflation and soft demand.
By Nathan Owens • June 15, 2023 -
Walmart suppliers reach 75% of emissions goal
Project Gigaton, which seeks to reduce the retailer's indirect climate footprint, has helped eliminate or avoid 750 million metric tons of carbon emissions.
By Ben Unglesbee • June 13, 2023 -
GM signs steel deal with ArcelorMittal North America
The steelmaker will supply the auto company with material containing at least 70% scrap.
By Kate Magill • June 12, 2023 -
Sponsored by Express Employment Professionals
Facing a skills gap, employers prefer to reskill current employees on company dime
With qualified skilled trades workers proving harder to find, companies are turning to reskilling.
June 12, 2023 -
Incora’s bankruptcy sends a warning signal to aerospace supply chains
The supplier and service provider took on heavy costs and lost profit as shipment delays in the industry spiraled.
By Ben Unglesbee • June 9, 2023 -
Intel crushed its supplier diversity targets 8 years early. Here’s how
The tech company met a goal on spending with diverse vendors eight years ahead of schedule. “We have a playbook,” says its VP of global supply chain operations.
By Ben Unglesbee • June 8, 2023 -
Macy’s doubles down on inventory discipline as demand falters
Inventories at the department store retailer were down 7% as it keeps its budget open to buy in-demand product.
By Ben Unglesbee • June 8, 2023 -
GM invests over $1B to boost EV battery production
The automaker and its joint venture partner POSCO Future M want to increase the production of cathode active material.
By Eric Walz • June 8, 2023 -
Pharmaceutical supply chains raise data concerns as traceability law nears final step
Companies have had ten years to comply with the Drug Supply Chain Security Act, but some fear the industry is not ready for the Nov. 27 deadline.
By Deborah Abrams Kaplan • June 7, 2023 -
How Nike, McCormick and others are taking on supply chain emissions
Collaborating with suppliers to reduce Scope 3 footprints was a common theme at the Economist Impact's Sustainability Week U.S. conference.
By Ben Unglesbee • June 7, 2023 -
Hormel makes progress on trimming bloated inventory
The company pulled back on manufacturing in areas where supply outpaced demand and worked to improve its supply planning processes.
By Kate Magill • June 6, 2023 -
How Allina Health is rethinking supply chain spend
The hospital operator is deploying supply chain staff to the front lines, using group purchasing for diversity, and building data transparency.
By Deborah Abrams Kaplan • June 5, 2023 -
Column
5 ways to drive sustainability in procurement
The majority of a company’s emissions stems from their suppliers. Here’s how to work with them toward a greener future.
By Praveen Kumar Soni • June 2, 2023 -
Retrieved from Coupa.com on June 01, 2023
Coupa lays off workers as it resets strategy
The procurement software vendor will also close underutilized offices.
By Kelly Stroh • June 1, 2023 -
Big Lots pursues creative sourcing to lessen product shortages
The retailer expects to fully overcome the shuttering of its largest supplier by the end of Q2.
By Kelly Stroh • June 1, 2023 -
Ford inks long-term lithium supply contracts
The automaker announced deals lasting through at least 2034 in three different countries.
By Kelly Stroh • May 30, 2023 -
Kohl’s inventory down 6% as it makes way to chase merchandise
Executives say they feel good about current levels as they clear space and budget for newer goods.
By Ben Unglesbee • May 30, 2023