Procurement: Page 29


  • Post Holdings, plant
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    Permission granted by Post Holdings
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    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 June 22, 2023
  • Raw steaks are seen from the perspective of inside a deli case.
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    Spencer Platt via Getty Images
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    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
  • FedEx worker sort through a pile of boxes at the FedEx sort facility at the Oakland International Airport December 18, 2006 in Oakland, California. Explore the Trendline
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    Justin Sullivan via Getty Images
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    Trendline

    Retail Supply Chains

    Retailers are making operational investments and adjustments to maintain supply chain resilience. Here’s how.

    By Supply Chain Dive staff
  • Great Value sustainably sourced tuna from Walmart
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    Courtesy of Walmart
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    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
  • A die is removed from a semiconductor during manufacturing.
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    SweetBunFactory/iStock/Getty Images Plus via Getty Images
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    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 June 22, 2023
  • A person's hands are shown measuring the thickness of leather hide.
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    Andreas Rentz/Getty Images via Getty Images
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    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
  • Behind a finished sandal sits a masked worker manning a sewing machine.
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    Permission granted by Keen
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    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 June 20, 2023
  • Woman in a warehouse
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    Tempura via Getty Images
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    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
  • Volkswagen ID.3 electric cars stand in the storage tower following assembly at the "Gläserne Manufaktur" ("Glass Manufactory") production facility on June 08, 2021 in Dresden, Germany.
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    Sean Gallup via Getty Images
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    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 June 15, 2023
  • Variety of butchered meat in a display counter
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    Sean Gallup via Getty Images
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    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
  • The curved banner of a Walmart store, the brand name in white letters and the characteristic yellow sunburst logo to the right, against a blue sky.
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    Daphne Howland/Supply Chain Dive
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    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 June 13, 2023
  • A Chevy pickup truck drives off the assembly line of the General Motors Flint Assembly Plant January 24, 2011 in Flint, Michigan.
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    Bill Pugliano via Getty Images
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    GM signs steel deal with ArcelorMittal North America

    The steelmaker will supply the auto company with material containing at least 70% scrap.

    By June 12, 2023
  • Two workers examining a machine on an assembly line.
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    Permission granted by Express Employment Professionals
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    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
  • A jet comes in for landing at Los Angeles International Airport (LAX) in Los Angeles, California.
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    David McNew via Getty Images
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    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 June 9, 2023
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    Courtesy of Intel
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    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 June 8, 2023
  • A red-brick facade mall entrance to a Macy's store.
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    Daphne Howland/Supply Chain Dive
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    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 June 8, 2023
  • A General Motors Hummer EV chassis outside of an event in Lansing, Michigan where CEO Mary Barra announced a $7 billion investment in EVs and battery production.
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    Bill Pugliano via Getty Images
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    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 June 8, 2023
  • Blue capsules on a conveyor at pharmaceutical factory. Tablet and capsule manufacturing process.
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    SweetBunFactory/iStock via Getty Images
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    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 June 7, 2023
  • Smoke streaming from the smokestacks of the TECO Big Bend coal-fired power plant in Apollo Beach, Florida
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    donm60 via Getty Images
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    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 June 7, 2023
  • hormel skippy spam
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    Justin Sullivan via Getty Images
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    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 June 6, 2023
  • Allina Health's Abbott Northwestern Hospital in Minneapolis, Minnesota
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    Courtesy of Allina Health
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    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 June 5, 2023
  • Tote bags for sale at Whole Foods. A sign says the bags are made from recycled materials.
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    David McNew via Getty Images
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    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
  • Coupa website homepage which features logo and a menu at the top and a 'learn more' button in the center, with images of money at the right side.
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    Retrieved from Coupa.com on June 01, 2023
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    Coupa lays off workers as it resets strategy

    The procurement software vendor will also close underutilized offices.

    By June 1, 2023
  • Big Lots to remain open on Thanksgiving.
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    Courtesy of Big Lots
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    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 June 1, 2023
  • A 2022 Mustang Mach-E premium ice white edition
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    Courtesy of Mustang Ice White Appearance Package
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    Ford inks long-term lithium supply contracts

    The automaker announced deals lasting through at least 2034 in three different countries.

    By May 30, 2023
  • A brown-brick facade with a white "Kohl's" sign decorates a cream-colored building and main entrance of a store, with small trees in the foreground.
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    Courtesy of Kohl's
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    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 May 30, 2023