Procurement: Page 31


  • Construction worker onsite
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    Courtesy of Associated Builders and Contractors
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    Material prices back on the rise

    An elevated producer price index indicates the economy remains overheated, said Anirban Basu, chief economist of Associated Builders and Contractors.

    By Sebastian Obando • Feb. 23, 2023
  • Ikea’s climate footprint shrinks as it rapidly switches to renewables

    Finding sustainable materials for the furniture retailer’s products, however, remains a stubborn challenge.

    By Feb. 22, 2023
  • Explore the Trendline
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    Sean Gallup via Getty Images
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    Trendline

    Inventory Management

    Read how retailers and brand manufactures are rethinking inventory management.

    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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    Bombardier works with suppliers to combat supply chain headwinds

    The aircraft manufacturer has also increased material supply inventories and implemented a monitoring solution to mitigate potential disruptions.

    By Feb. 17, 2023
  • Boxes of microsoft roll down a conveyor.
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    MPI/Getty Images via Getty Images
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    Responsible cobalt sourcing ‘will take a coalition to solve,’ Microsoft says

    A representative from the computing giant joined a visit to an artisanal mine in the Democratic Republic of Congo that saw the benefits of a formalization pilot.

    By Feb. 16, 2023
  • A Chevrolet Volt extended-range electric vehicle
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    Bill Pugliano via Getty Images
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    GM signs exclusive chip supplier agreement with GlobalFoundries

    The semiconductor manufacturer aims to reduce the number of unique chips needed to power GM's EVs.

    By Feb. 15, 2023
  • View inside the store during SHEIN X Art Discovery Project
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    Presley Ann via Getty Images
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    Shein questioned on potential forced labor in its supply chain

    Three U.S. senators are asking whether the fast-fashion giant's clothing contain banned cotton from China’s Xinjiang region. 

    By Feb. 14, 2023
  • Boeing Unveils Is First 737 MAX 7 Passenger Aircraft At Renton Factory
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    Stephen Brashear / Stringer via Getty Images
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    Spirit Aerosystems plagued by parts shortages, supply chain instability

    Labor shortages and increased costs caused production to stall across many of the Boeing supplier’s programs.

    By Feb. 13, 2023
  • A row of Hyundai SUVs.
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    Justin Sullivan via Getty Images
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    Hyundai, Labor Department in talks over child labor allegations at supplier sites

    The automaker said it is working to address the concerns by adding anonymous tip hotlines and discouraging use of third-party staffing agencies.

    By Feb. 10, 2023
  • Target opens a new location in Times Square.
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    Courtesy of Target
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    Retailers join $950M commitment to Central America sourcing

    Target and Columbia Sportswear are among private companies investing in the region as part of a White House call to action.

    By Feb. 9, 2023
  • The Children’s Place took a $65M hit from cotton prices in 2022

    With container and air freight costs, the children’s clothing retailer logged a $135 million impact from heightened supply chain expenses.

    By Feb. 8, 2023
  • Eggs on shelves at a grocery store.
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    Catherine Douglas Moran/Supply Chain Dive
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    Egg prices expected to remain high as long as bird flu continues

    While producers are grappling with the impact of the virus, politicians and activists call for investigations into potential price gouging.

    By Chris Casey • Feb. 7, 2023
  • An Amazon worker with a cart sorts packages in a warehouse aisle packed with Amazon packages.
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    Justin Sullivan via Getty Images
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    2023 outlook: Is this the year supply chains stabilize?

    Freight rates are finally easing, but geopolitical turmoil and ongoing economic uncertainty continue to create headaches for businesses.

    By Sarah Zimmerman • Feb. 6, 2023
  • Lululemon storefront.
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    Kaarin Vembar/Supply Chain Dive
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    Lululemon looks to increase supplier diversity for indirect spend

    The athleisure brand said it will increase the purchasing volume for vendors owned and operated by women and underrepresented groups in its non-merchandise spend. 

    By Feb. 3, 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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    Sustainability still takes a backseat to profit for procurement teams: study

    A relatively small share of procurement staff see environmental and social goals within their purview or collect related metrics to measure success.

    By Feb. 2, 2023
  • The Whirlpool logo is seen on a display of clothes washers and dryers
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    Justin Sullivan via Getty Images
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    Whirlpool’s production takes a hit after supplier disruption

    The hiccup at the unnamed supplier was resolved in mid-January, but not before costing the appliance maker millions in lost sales and profits. 

    By Feb. 1, 2023
  • GM electric vehicle with logo
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    Bill Pugliano via Getty Images
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    GM investing $650M to develop Nevada lithium mine

    The deal with Lithium Americas will help the company make its supply chain more secure and manage cell costs better, said Chair and CEO Mary Barra.

    By Jan. 31, 2023
  • A box of iceberg lettuce is packaged for sale.
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    Jack Taylor via Getty Images
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    2023 outlook

    Shortages 2023: 4 goods facing tight supplies this year

    Even as supply chain chokepoints ease for many products, world events still weigh on the availability of some key goods.

    By Jan. 31, 2023
  • Someone stands to left of a store window with a white neon sign that reads "The Levi's Tailor Shop San Francisco."
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    Daphne Howland/Supply Chain Dive
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    Levi’s blames $40M in unfilled orders on distribution center constraints

    Meanwhile, the denim retailer is also grappling with bloated inventory levels.

    By Daphne Howland • Jan. 30, 2023
  • Will Cash sits smiling on a porch
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    Courtesy of Church's Texas Chicken
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    Church’s Texas Chicken hires new purchasing head

    Joining the chain is Will Cash, who brings procurement and supply chain leadership experience from other quick-service restaurants. 

    By Jan. 27, 2023
  • A Bed Bath & Beyond sign against a blue sky with puffy white clouds.
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    Daphne Howland/Supply Chain Dive
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    Risky business: How suppliers defend themselves against retail bankruptcies

    Retailers and their vendors go through a delicate dance when a Chapter 11 looms, with financial hazards for both sides.

    By Jan. 26, 2023
  • A Women In Trucking Association conference attendee sits in the cab of a UPS tractor.
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    David Taube/Supply Chain Dive
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    Truck parts shortages set to ease in 2023

    Supply chain disruptions are becoming less severe, although industry players still report lingering constraints.

    By Jan. 26, 2023
  • Empty shelves of baby formula
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    Brandon Bell via Getty Images
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    DOJ investigating Abbott infant formula plant

    After closing and reopening a Michigan facility at the center of a national shortage, the healthcare giant is now facing a criminal probe. 

    By Jan. 24, 2023
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    Guang Niu via Getty Images
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    Industry study tracks China tariffs’ added costs to importers and consumers

    The duties created $3 billion a year in direct expenses on apparel, footwear, furniture and travel goods from the country, according to research from trade groups.

    By Jan. 24, 2023
  • CHS Inc. and Cargill, two of the nation’s leading agribusinesses, announce intent to expand the scope of their joint venture, TEMCO LLC, by adding the Cargill-owned export grain terminal in Houston, T
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    Permission granted by Cargill
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    Cargill, CHS add Houston terminal in expansion of export joint venture

    The new facility will give more agricultural shippers access to Mexico as trade with the country grows.

    By , Sarah Zimmerman • Jan. 23, 2023
  • Storefront of a Party City.
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    Nate Delesline III/Supply Chain Dive
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    How Party City suppliers ‘reached their limits’ as it slipped toward bankruptcy

    Tightened terms with suppliers after it fell behind on payments helped tip the retailer into Chapter 11. Now it needs its vendor base more than ever.

    By Jan. 20, 2023