Procurement: Page 42


  • 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
  • Shipping containers are stacked at the Port of Los Angeles on February 7, 2023 in Los Angeles, California. Explore the Trendline
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    Mario Tama via Getty Images
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    Trendline

    Top 5 stories from Supply Chain Dive

    Here’s how companies are navigating evolving global trade and tariff policies, rising costs and operational uncertainty across supply chain networks.

    By Supply Chain Dive staff
  • 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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    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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    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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    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
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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
  • Nike Rise in Seoul, South Korea
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    Courtesy of Nike
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    Nike CFO takes on procurement oversight

    Matthew Friend, who joined the brand in 2009, will have responsibility over a massive supply operation that sources from hundreds of factories around the globe.

    By May 26, 2023
  • A stack of wooden pallets.
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    Permission granted by National Wooden Pallet and Container Association
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    Wood vs. plastic: Which pallets are more sustainable?

    More pallet companies are marketing their products’ sustainability amid growing attention to ESG practices, fueling the ongoing debate of whether one substrate reigns superior.

    By Katie Pyzyk • May 26, 2023
  • A worker collects shopping carts from the parking lot of a Walmart store on May 18, 2023 in Chicago, Illinois.
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    Scott Olson via Getty Images
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    Walmart works with some suppliers to lower prices

    The retailer wants to “get costs down more as fast as we possibly can” in food and consumables, CEO Doug McMillon told analysts. 

    By May 25, 2023
  • A Chanel sign is pictured outside of its retail store
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    Drew Angerer/Getty Images via Getty Images
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    Chanel buys partial stake in cashmere and natural fibers supplier

    The stake in Cariaggi strengthens the fashion brand's supply chain and alleviates sourcing issues.

    By Laurel Deppen • May 25, 2023
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    Getty Images
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    Apple strikes multibillion-dollar deal with Broadcom for US-made 5G tech

    The mobile and computing giant framed the partnership as part of its commitment to invest $430 billion in the domestic economy.

    By May 24, 2023
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    Brandon Bell/ via Getty Images
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    Chipotle prepares national rollout of RFID for food traceability

    The restaurant chain is expanding its use of the technology to track ingredients from suppliers in real-time.

    By Sarah Zimmerman • May 23, 2023
  • tea farm farmers
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    Getty Images
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    Major tea companies linked to human rights abuses, report says

    Unilever, Starbucks and others said they are working to enhance supply chain transparency.

    By Chris Casey • May 22, 2023
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    Adeline Kon/Supply Chain Dive
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    Opinion

    It’s not easy buying green: How procurement can drive ESG in supply chain

    More than two-thirds of buyers aim to invest in more sustainable practices. What's stopping them?

    By Aster Angagaw • May 22, 2023