Procurement: Page 38
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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 Alejandra Carranza • March 15, 2023 -
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 Kate Magill • March 13, 2023 -
Explore the Trendline➔
Sean Gallup via Getty ImagesTrendlineInventory Management
Read how retailers and brand manufactures are rethinking inventory management as an effective strategy against tariffs.
By Supply Chain Dive staff -
Retrieved from Overstock on May 12, 2021
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 Ben Unglesbee • March 10, 2023 -
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 Ben Unglesbee • March 9, 2023 -
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 Ben Unglesbee • March 8, 2023 -
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 Ben Unglesbee • March 7, 2023 -
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 -
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 Ben Unglesbee • March 6, 2023 -
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 -
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 Ben Unglesbee • March 2, 2023 -
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 Kate Magill • March 1, 2023 -
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 Kate Magill • Feb. 28, 2023 -
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 Kelly Stroh • Feb. 28, 2023 -
REI requires suppliers to phase out ‘forever chemicals’
The retailer has faced pressure from environmental groups to address PFAS in its supply chain.
By Ben Unglesbee • 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 Ben Unglesbee • Feb. 24, 2023 -
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 Ben Unglesbee • Feb. 23, 2023 -
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 Ben Unglesbee • Feb. 22, 2023 -
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 Kelly Stroh • Feb. 17, 2023 -
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 Ben Unglesbee • Feb. 16, 2023 -
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 Kate Magill • Feb. 15, 2023 -
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 Ben Unglesbee • Feb. 14, 2023 -
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 Ben Unglesbee • Feb. 13, 2023 -
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 Megan Ruggles • Feb. 10, 2023 -
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 Ben Unglesbee • Feb. 9, 2023