Procurement: Page 38


  • Big Lots, Manchester, CT. 8/2014 by Mike Mozart of TheToyChannel and JeepersMedia on YouTube
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    "Big Lots" by Mike Mozart is licensed under CC BY 2.0
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    Big Lots reports furniture shortages after largest supplier abruptly closes

    The shutdown of vendor United Furniture Industries pressured the discount retailer's e-commerce sales.

    By March 15, 2023
  • Gears and printed circuit board.
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    Getty Images
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    Q&A

    How one parts supplier navigates supply chain volatility

    As part constraints grew over the last few years, EU Automation’s focus on refurbished equipment offered it opportunities for growth.

    By March 13, 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 as an effective strategy against tariffs.

    By Supply Chain Dive staff
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    Retrieved from Overstock on May 12, 2021
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    How Overstock is wooing new suppliers and weathering retail’s inventory torrent

    While 2022’s discounting frenzy cost the online retailer market share, the CEO told Supply Chain Dive it’s looking to grow through new categories and brands. 

    By March 10, 2023
  • Nike Rise in Seoul, South Korea
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    Courtesy of Nike
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    Shareholder activist blasts Nike for doing too little to prevent abuses in supply chain

    Tulipshare said the company’s mistreated supply chain workers need more help and added that the brand could face serious risks.

    By March 9, 2023
  • In an aerial view, a container ship sits docked at the Port of Oakland on May 20, 2022.
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    Justin Sullivan via Getty Images
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    China, worker rights at center of Biden’s 2023 trade agenda

    The U.S. Trade Representative said it is looking at all existing options and may consider new tools “to combat the harms of China’s state-led, non-market practices."

    By March 8, 2023
  • The outside of the Macy's store in Herald Square in NYC during the holidays.
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    Kaarin Moore/Supply Chain Dive
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    Disciplined inventory management helped Macy’s weather tough 2022

    The retailer has relied on data and analytics to forecast demand and make decisions around purchasing and pricing.

    By March 7, 2023
  • Hundreds of turkeys stand in a barn in California.
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    Justin Sullivan via Getty Images
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    Bird flu outbreak hurts Hormel turkey sales

    The company said poultry volumes declined 80% YoY as it grapples with reduced production capacity from avian influenza.

    By Chris Casey • March 7, 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 shrinks inventory position after ‘out of control’ levels in 2022

    The retailer will ask its suppliers to get more “nimble” as it plans for less product and chases demand signals, according to the head of Kohl’s digital business.

    By March 6, 2023
  • Group of lawyers sitting at one table with judge and analyzing papers during negotiations
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    Getty Images
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    Column

    A step-by-step guide to successful supplier negotiations

    Procurement teams need to be prepared with good reasons as to why their vendor should lower prices. Here’s what to consider before asking for lower costs.

    By Praveen Kumar Soni • March 2, 2023
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    "TJ Maxx" by Mike Mozart is licensed under CC BY 2.0
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    TJX sees buying opportunities as retail sector falters

    The off-pricer’s CEO said product availability has been “phenomenal” as other companies look to offload product they can’t sell. 

    By March 2, 2023
  • Electric car lithium battery pack and power connections
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    Getty Images
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    Inside a federally funded strategy to strengthen US lithium supply chains

    The U.S. is behind in its goal to capture domestic production of battery materials. Here’s what one Energy Department-backed group says needs to happen to catch up.

    By March 1, 2023
  • A rendering shows a planned Ascend Elements EV battery recycling plant.
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    Courtesy of Turner Construction
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    Honda signs supply deal with Ascend Elements for recycled battery materials

    The deal comes as automakers and battery suppliers alike ramp up production capacity.

    By Feb. 28, 2023
  • A defense shield pictured in the desert launching a missile.
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    Courtesy of Leidos/Dynetics.
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    Leidos looks to cut costs with in-house sourcing

    The company plans to manage some of its own security product supply chain and manufacturing.

    By Feb. 28, 2023
  • A hanging store sign with REI's logo on it.
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    Daphne Howland/Supply Chain Dive
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    REI requires suppliers to phase out ‘forever chemicals’

    The retailer has faced pressure from environmental groups to address PFAS in its supply chain.

    By Feb. 27, 2023
  • US hits Russia with 200% aluminum tariff

    The Biden administration also announced $2.7 billion in new duties on other industrial goods as the war in Ukraine passes the one-year mark.

    By Feb. 24, 2023
  • A worker's hands are shown changing the price on a box of produce.
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    Getty Images
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    As inflation wears on, should retailers push back on supplier costs?

    Commodity prices have fallen from their peaks, suggesting there is room to negotiate. But there's some risk in asking vendors to lower rates.

    By Feb. 23, 2023
  • 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
  • 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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    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