Procurement: Page 3
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Alfio Manciagli via Getty Images
TBC’s first chief supply chain officer will help company leverage tech, data
The automotive tire distributor appointed Chris Stearman to manage its end-to-end operations, including manufacturing, distribution and procurement.
By Kelly Stroh • Feb. 22, 2024 -
Katie Pyzyk/Supply Chain Dive
FTC probes role of wholesalers, purchasing groups in drug shortages
The agency issued a request for information scrutinizing “the practices of opaque drug middlemen,” Federal Trade Commission Chair Lina Khan said.
By Ben Unglesbee • Feb. 21, 2024 -
Explore the Trendline➔
Sean Gallup via Getty Images
TrendlineInventory Management
See how various companies have adjusted their inventories throughout several economic bullwhips.
By Supply Chain Dive staff -
Daphne Howland/Supply Chain Dive
Under Armour inventory ticks closer to normal as freight, supply costs fall
The sportswear brand — finally — posted a decline in stock levels while executives said it has worked with vendors to lower product costs.
By Ben Unglesbee • Feb. 20, 2024 -
Courtesy of LG Energy Solution
LG Energy Solution, WesCEF expand lithium supply deal
The partnership will supply the battery maker's North American manufacturing sites and produce more IRA-compliant vehicles.
By Kate Magill • Feb. 16, 2024 -
HJBC via Getty Images
Accenture to acquire procurement consultancy Insight Sourcing
The consulting giant sees an opportunity to help private equity firms tackle management of spend, cost and suppliers across their portfolios.
By Ben Unglesbee • Feb. 15, 2024 -
Scott Olson via Getty Images
Cocoa supply issues could lead to smaller chocolate bar sizes: expert
Producers may experiment with new product formulations to avoid recent heavy price hikes on chocolates.
By Chris Casey • Feb. 15, 2024 -
Courtesy of SSOE Group.
Panasonic, Novonix sign synthetic graphite supply deal
The deal will help the battery maker as it launches its Kansas factory, which is expected to supply automakers like Tesla and Mazda.
By Kate Magill • Feb. 13, 2024 -
Courtesy of Zulily
Online retailer Zulily’s inventory is up for sale as it winds down
After throwing in the towel in December, the struggling e-tailer’s remaining products — $85 million worth — are being liquidated along with warehouse equipment.
By Ben Unglesbee • Feb. 12, 2024 -
Sean Gallup via Getty Images
EU passes law to bolster clean energy supply chains
The European Commission's Net-Zero Industry Act trails similar actions by U.S. legislators to prop up manufacturing.
By Lamar Johnson • Feb. 12, 2024 -
Courtesy of the National Transportation Safety Board.
Boeing to increase supply chain inspections after plane door blowout
Bolts that should have kept a blown-out door panel in place were removed and not replaced during repairs, a National Transportation Safety Board report found.
By Sara Samora • Feb. 9, 2024 -
Courtesy of The Howard Hughes Corp.
NYC has struggled for years to pay its suppliers on time — and it’s getting worse
The city was late on registering 77% of its contracts in the first half of its fiscal year, leading to long payment delays and financial issues for contractors.
By Ben Unglesbee • Feb. 8, 2024 -
Justin Sullivan via Getty Images
Surging cocoa prices could lead to Valentine’s Day sticker shock
Supply remains scarce due to heavy rains and the spread of black pod disease in West Africa, according to a recent CoBank report.
By Sarah Zimmerman • Feb. 8, 2024 -
Edwin Lopez/Supply Chain Dive
Foot Locker COO names 4 skills crucial to supply chain leaders
Global awareness was one skill Elliott Rodgers highlighted during remarks at Manifest Vegas 2024.
By Edwin Lopez • Feb. 7, 2024 -
Courtesy of General Motors
GM, LG Chem ink $19B cathode material supply deal
The South Korea-based chemical maker will supply the automaker with enough CAM to power 5 million EVs.
By Ben Unglesbee • Feb. 7, 2024 -
Chung Sung-Jun via Getty Images
Upcoming Indo-Pacific trade deal adds to US supply chain priorities
Meant to boost collaboration and resiliency, the agreement's member countries will make their picks for key committees in the coming months.
By Ben Unglesbee • Feb. 7, 2024 -
Courtesy of Dollar General
Dollar General taps AI to optimize produce ordering
The retailer has partnered with software company Shelf Engine to boost ordering, efficiency and in-stock levels of fresh foods.
By Ben Unglesbee • Feb. 6, 2024 -
Courtesy of Hormel Foods
Hormel Foods names new supply chain executive
Steve Lykken will take over as group vice president of supply chain, replacing the retiring Mark Coffey.
By Alejandra Salgado • Feb. 2, 2024 -
Courtesy of Kroger
Plant supplier sues Kroger over stolen, mishandled inventory
Theut’s Flower Barn alleges the grocer caused $5 million in missing goods.
By Ben Unglesbee • Feb. 1, 2024 -
tunart via Getty Images
Manufacturing ‘ready to start running again’ with demand up: PMI
The industry is at the beginning of a possible growth cycle, but manufacturers are likely to be slow to start hiring again, economists say.
By Kate Magill • Feb. 1, 2024 -
Image included in Careismatic bankruptcy document.
Supply chain woes contribute to medical apparel supplier’s bankruptcy
Careismatic said that delays, high costs, rising competition and fast-falling demand after pandemic-driven highs created a liquidity crunch.
By Ben Unglesbee • Jan. 31, 2024 -
Courtesy of DHL
From geopolitics to inflation: 2024’s supply chain trends and risks
Companies are adjusting their strategies at every step of the supply chain to position themselves for success in the year ahead.
By Kelly Stroh • Jan. 31, 2024 -
Courtesy of Kroger
Kroger sets new produce supplier goal
The grocer is requiring its fresh produce suppliers to use Integrated Pest Management practices by the end of the decade to help create a more sustainable supply chain.
By Catherine Douglas Moran • Jan. 30, 2024 -
Courtesy of Gulfstream
General Dynamics’ aircraft production disrupted by Israel-Hamas war
The company expects to deliver fewer Gulfstream G280 jets due to the conflict’s impact on an Israel-based supplier.
By Kelly Stroh • Jan. 30, 2024 -
Courtesy of EG Group
EG America names new VP of procurement
Less than two weeks after undergoing corporate layoffs, the c-store retailer has hired BJ’s Wholesale Club’s former director of strategic sourcing and procurement.
By Brett Dworski • Jan. 29, 2024 -
Laurence Dutton via Getty Images
Supply chain and procurement leaders are flocking to generative AI: Gartner
Organizations are using the technology to simplify complexity, save time, reduce frustration and potentially cut back headcounts.
By Ben Unglesbee • Jan. 26, 2024
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