Procurement: Page 56


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    Joe Raedle via Getty Images
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    Chip shortage drives up payment card costs

    Russia's invasion of Ukraine is affecting card chip prices because Ukraine is home to two companies that produce half of the world’s neon supply, a key ingredient in chips.

    By Jonathan Berr • June 1, 2022
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    Getty Images
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    Tracker

    How an infant formula plant shutdown unraveled into a national crisis

    A timeline shows how safety issues at a plant in Sturgis, Michigan led to inventory shortfalls nationwide.

    By Sarah Zimmerman • Updated June 23, 2022
  • Trendline

    AI in Supply Chain Management

    Warehouse automation, logistics management and procurement processes are just a few of the ways companies are using AI to streamline their supply chains.

    By Supply Chain Dive staff
  • An attendee walks past the PlayStation logo in the Sony Interactive Entertainment booth during the Tokyo Game Show 2018 on September 20, 2018 in Chiba, Japan.
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    Tomohiro Ohsumi via Getty Images
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    Sony forecasts PS5 supply won't meet demand

    China-based procurement issues continue to plague the electronics maker's manufacturing plans.

    By May 26, 2022
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    5 ways to lower supplier costs in an inflationary environment

    Supply pressures provide a golden opportunity to separate price from cost.

    By May 26, 2022
  • The Toyota logo is displayed at One Toyota of Oakland on February 06, 2019 in Oakland, California.
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    Justin Sullivan via Getty Images
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    Toyota plans 'rolling pauses' on production as Shanghai lockdowns drag

    The automaker is halting production on a rolling basis in May and June as it struggles with supply shortages.

    By May 25, 2022
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    Nic Antaya via Getty Images
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    'A lot of room for improvement': Lithium-ion battery makers explore better recycling amid supply woes

    The Russia-Ukraine war and booming EV demand are contributing to surging battery commodity prices. 

    By Katie Pyzyk • May 25, 2022
  • Flow of vegetable, peanut, sunflower and sesame oils
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    Getty Images
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    Food manufacturers shift sourcing tactics to stay ahead of edible oil turmoil

    From substitutions to diversifying suppliers, companies have to stay flexible as war, weather and other disruptions pressure ingredient supplies and prices.

    By Samantha Oller • May 24, 2022
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    Justin Sullivan via Getty Images
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    Motorola pays premium on secondary markets for semiconductors

    By procuring chips from the secondary market and airfreighting them, Motorola received some parts sooner than expected, its CEO said.

    By May 19, 2022
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    Getty Images
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    World wheat stocks expected to drop to 6-year low

    Production has been hampered by drought and flooding in the United States, a brutal heat wave in India and the war in Ukraine.

    By Samantha Oller • May 19, 2022
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    (Justin Sullivan/Getty Images) via Getty Images
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    Clorox sheds suppliers as COVID-19 inches toward 'endemic phase'

    With service levels improving, the cleaning products company is now focused on cutting costs.

    By May 19, 2022
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    Christopher Furlong via Getty Images
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    Crop diversity, resiliency needed to prevent next global food crisis: report

    An overreliance on staple crops is partly responsible for huge price spikes following the Ukraine invasion, according to IPES-Food.

    By Samantha Oller • May 17, 2022
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    Tiffany Rose via Getty Images
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    Rising fats and oil prices have Colgate-Palmolive looking to mitigate costs

    The costs of fats and oils have doubled since 2020, and will continue to rise according to executives.

    By May 12, 2022
  • Levi's storefront
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    Kaarin Moore/Supply Chain Dive
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    Diversified sourcing helps Levi's avoid disruption from China lockdowns

    Less than 1% of the apparel maker's products come from China, after a yearslong strategy to diversify its supply.

    By May 12, 2022
  • Tootsie Roll Power Plant
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    Nitram242. (2017). "Tootsie Roll Power Plant" [Photograph]. Retrieved from Flickr.
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    Tootsie Roll could pause production lines due to delayed supplier deliveries

    Ingredients and packaging suppliers have failed to meet promised delivery dates due to rail and truck constraints, the candy manufacturer said.

    By May 11, 2022
  • President Joe Biden addresses the U.S. Conference of Mayors at the group's annual winter meeting.
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    Retrieved from The White House.
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    With chip supply tight, trade group says White House should prioritize medtech

    Medical device companies are competing with consumer electronic companies, automakers and other businesses for limited stocks, AdvaMed says.

    By Nick Paul Taylor • May 10, 2022
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    Daphne Howland/Supply Chain Dive
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    Ballooning spot rates deflate Party City's helium business

    Even after diversifying its sourcing, the retailer expects to pay higher helium prices to meet graduation season demand.

    By May 9, 2022
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    Jamie McDonald via Getty Images
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    Maersk aims for net-zero steel in ships

    The ocean carrier is the first shipping company to join SteelZero, a global initiative to expedite decarbonization in the steel industry.

    By May 5, 2022
  • Tempur Sealy diversifies sourcing to mitigate risk from China lockdowns

    The mattress company also shored up its inventory in order to keep delivery times in line with retailers' expectations.

    By May 5, 2022
  • Elon Musk
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    Retrieved from Daniel Oberhaus/Wikimedia Commons on April 18, 2022
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    Supply chain constraints could limit electric vehicle adoption, Elon Musk says

    The soaring price of lithium, a battery feedstock, led the Tesla CEO to urge entrepreneurs to enter the lithium business on an April earnings call.

    By Kavya Balaraman • May 3, 2022
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    Bruce Bennett/Getty Images via Getty Images
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    Sherwin-Williams deploys private fleet to ease supplier transportation snarls

    The paint maker is also prioritizing certain products and formulations "to make the most of the raw materials that are available to us," said CEO John Morikis.

    By Sarah Zimmerman • May 3, 2022
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    Getty Images
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    Indonesia's palm oil export ban takes effect as supply pressures mount

    The world's largest supplier of the popular ingredient widened its restrictions at a time when alternative sources and substitutes face their own challenges.

    By Samantha Oller • April 28, 2022
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    Column

    5 ways to manage suppliers during disruption

    Contract clauses and long-term deals are some ways large organizations can deepen vendor relationships and ensure supply. 

    By Praveen Kumar Soni • April 28, 2022
  • McCormick & Company Headquarters Grand Opening
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    Baltimore County Government. (2018). [Photograph]. Retrieved from Flickr.
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    McCormick's diverse supplier network helps shield it from Ukraine impacts

    No single raw material makes up more than 5% of the company's total cost of goods sold, according to CFO Mike Smith.

    By April 28, 2022
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    Dimas Ardian via Getty Images
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    Indonesia to end palm oil export ban

    The country will resume exports May 23. Prices should see "downward pressure," one analyst said.

    By Samantha Oller • Updated May 20, 2022
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    Mario Tama via Getty Images
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    Deep Dive

    Furniture retailers forge new supply chain practices as backlogs, delays prevail

    Improved inventory management is just one practice — executives are also looking at new sourcing destinations to mitigate risk.

    By April 25, 2022