Procurement: Page 45
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ColumnSay hello to your pandemic price increase
Inflation, supply chain disruptions and changes in business strategies all point to higher prices. And that may be a good thing.
By Rich Weissman • Aug. 12, 2021 -
Bill Pugliano via Getty Images
Orders outpace invoices as bullwhip wallops manufacturing
Tradeshift's data shows that order volume from manufacturers has grown to more than double Q1 2020 as of June, increasing nearly 138%. But invoices have not kept pace, falling almost 12%.
By Matt Leonard • Aug. 10, 2021 -
Explore the Trendline➔
Sean Gallup via Getty Images
TrendlineInventory Management
Read how retailers and brand manufactures are rethinking inventory management.
By Supply Chain Dive staff -
Morris MacMatzen / Stringer via Getty Images
OpinionStress tests: The right tool for strengthening supply chains.
Simulations of potential disruptions — large economic shifts, trade wars, climate change or even cyberattacks — can yield forward-looking assessments of risk.
By Jonathan Welburn • Aug. 9, 2021 -
Kaarin Vembar/Supply Chain Dive
Under Armour on alert for product cancellations as sourcing challenges mount in Vietnam
A resurgence of COVID-19 in the country has Under Armour uneasy, but company execs said their diversified sourcing base adds resilience.
By A.B. Brown • Aug. 6, 2021 -
Alex Wong via Getty Images
SEC may require supply chain emission disclosures in expanded 10-Ks
SEC Chair Gary Gensler says a company, when filing mandatory climate risk disclosures, may need to measure carbon emissions across its "value chain."
By Jim Tyson • Aug. 5, 2021 -
Retrieved from Newell Brands on August 04, 2021
Sharpie maker says manufacturing in the US helped it avoid snarled supply chains
Newell Brands, Sharpie's parent company, said manufacturing based in the same continent as consumer demand helped avoid the freight issues that challenged "at least one" of its competitors.
By Edwin Lopez • Aug. 5, 2021 -
Justin Sullivan via Getty Images
NXP Semiconductors expects auto companies to pump the brakes on just-in-time
"A just-in-time system is not totally compatible with three to six months manufacturing cycle time," CEO Kurt Sievers said.
By Matt Leonard • Aug. 4, 2021 -
Scott Olson via Getty Images
Manufacturers struggle to grow inventories as supplier deliveries remain sluggish: ISM
The ISM Manufacturing Inventories Index for July indicated falling inventory levels. It had reached growth territory in May and June.
By Matt Leonard • Aug. 3, 2021 -
Permission granted by Scott Gordon Bleischer
Mission Impastable: An improbable supply chain success story
Dan Pashman dreamed of making his own pasta shape. Then, the pandemic hit. Here's the story of how he persevered to create cascatelli despite sourcing and logistics hurdles.
By Jen A. Miller • Aug. 3, 2021 -
Courtesy of Oshkosh Defense
Shipping issues force Oshkosh to stop production multiple times, extend lead times by 4 weeks
Oshkosh believes the supply chain challenges it is facing "will neither improve nor deteriorate meaningfully for the remainder of 2021," CFO Michael Pack said.
By Max Garland • Aug. 3, 2021 -
Courtesy of Ford Motor Company
Ford shifts focus to built-to-order to mitigate semiconductor shortage's effects
The automaker envisions the chip shortage persisting through the end of this year. It's adapting by allocating chips to customer orders, new launches and its more profitable vehicles, CFO John Lawler said.
By Max Garland • Aug. 2, 2021 -
Courtesy of Starbucks
Starbucks says advance coffee purchasing helps it stay competitive
While CPGs and others in the coffee industry scramble due to inflation and rising green coffee prices, Starbucks is sticking with its strategy of buying 12- to 18-months early to secure pricing.
By A.B. Brown • July 29, 2021 -
Xiaolu Chu/Getty Images via Getty Images
Tesla works with suppliers to source alternative chips amid semiconductor shortage
The approach helped the automaker produce and deliver 200,000 vehicles in Q2, but it warned the workaround could be difficult to sustain.
By Max Garland • July 28, 2021 -
Permission granted by Home Depot
OpinionWant to improve supply chain performance? Start by defining OTIF
Nothing hinders supply chain performance more than low on-time and in-full rates. Tom Kieley, CEO of SourceDay, suggests three steps to improve it.
By Tom Kieley • July 27, 2021 -
Allison Joyce/Getty Images via Getty Images
Guess sources more from India, Bangladesh to avoid tariff risks in China
The retailer is leaning more on suppliers from Bangladesh and India as tensions between the U.S. and China linger and tariffs persist, including among fashion products.
By Max Garland • July 26, 2021 -
Thai Phi Le/Supply Chain Dive
McDonald's commits 25% of supply chain spend to diverse suppliers by 2025
The fast food chain is teaming with a Chicago-based technology firm and certified minority-owned business to provide resources to its suppliers and track their annual progress in meeting the company's DEI goals.
By Emma Liem Beckett • July 26, 2021 -
Win McNamee via Getty Images
FDA seeks to fix 'great weaknesses' in medical device supply chain
Acting Food and Drug Administration Commissioner Janet Woodcock wants Congress to give the agency "expanded authority to obtain supply disruption notifications for critical devices any time there is the potential for a shortage.”
By Nick Paul Taylor • July 23, 2021 -
Guang Niu via Getty Images
Pandemic pushed fashion brands to prioritize supplier relations in quest for agility
"Super vendors" with multiple manufacturing locations can react quickly to lockdowns or closed borders to move products through the global supply chain and reduce lead times on purchase orders.
By Edwin Lopez • July 23, 2021 -
Retrieved from Walmart on July 22, 2021
Retailers leverage open calls to add diversity, sustainability to supply chains
Faced with empty shelves over the past year, companies like Kroger, Lowe's and QVC are looking for new or more local suppliers that meet their needs.
By Jen A. Miller • July 22, 2021 -
Mark Wilson / Staff via Getty Images
OpinionSupplier diversity and inclusion is a business imperative
As with all successful transformation programs, getting to the multifaceted benefits of supplier diversity and inclusion will require commitment.
By Jaideep Sen • July 21, 2021 -
Sean Gallup via Getty Images
Supply chain 'stretched' for cardboard boxes, wood pallets: Thomas
Price indices are at record highs, but companies are still clamoring for materials as they try to keep pace with heightened e-commerce demand.
By Max Garland • July 20, 2021 -
Courtesy of Taiwan Semiconductor Manufacturing Co., Ltd.
TSMC says semiconductor capacity will remain tight into 2022
The manufacturer has been investing in expanded capacity with a goal of increasing production by 60% YoY in 2021, but high demand will continue to test semiconductor orders.
By Matt Leonard • July 19, 2021 -
Courtesy of Apple
Executives lead the charge in supply chain sustainability efforts: report
The tactics supply chain professionals used to tackle sustainability may have shifted in 2020, but their commitments did not, according to a report by MIT's Center for Transportation and Logistics and CSCMP.
By Edwin Lopez • July 19, 2021 -
Chris Ryan via Getty Images
Sponsored by West MonroeHow to reduce risk in asset-light M&A deals
Implement an asset-light business model to design and develop intellectual property without the production responsibilities
July 19, 2021 -
Drew Angerer via Getty Images
MSC Industrial Direct ups prices amid 'fast and furious' supplier price increases
Supply chain challenges are creating an inflationary environment that the industrial supplier hasn't seen in years, the company's CEO said.
By A.B. Brown • July 15, 2021
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