Procurement: Page 56
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Kraft Heinz fined $62M after SEC says procurement team misled finance
Employees allegedly negotiated almost 60 transactions with suppliers that were presented to the company’s controller group in misleading ways.
By Robert Freedman • Sept. 9, 2021 -
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LA, Long Beach port congestion could disrupt $90B in trade: Russell
Solutions for a congested freight environment include shippers booking in advance even it means paying extra, carriers doubling orders for container ships and 3PLs adding drayage surcharges.
By Alejandra Carranza • Sept. 9, 2021 -
Explore the Trendline➔
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TrendlineInventory 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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CIOs vs. the supply chain: Laptop shortages threaten enterprise efficiency
Semiconductor shortages have become the bane of IT organizations' existence, forcing them to add flexibility to previously rigid procurement practices.
By Roberto Torres • Sept. 7, 2021 -
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Industrial buyers face a resin market with tight supplies, spiking prices
Demand for resins is far outstripping supplies, leaving manufacturers of plastic parts scrambling.
By Meena Thiruvengadam • Sept. 2, 2021 -
Permission granted by IFF
Locust bean gum's newfound success in food stymied by supply shortages
As demand for the versatile ingredient found in everything from ice cream to plant-based foods has increased, soaring prices have prompted some companies to look for cheaper substitutes.
By Christopher Doering • Sept. 2, 2021 -
Adeline Kon/Supply Chain Dive
5 years of supply chain disruptions and the lessons learned
Hindsight has the virtue of revealing opportunities we may have missed.
By Edwin Lopez • Updated Dec. 31, 2021 -
Danielle Ternes/Supply Chain Dive
ColumnInflation: Negotiate with suppliers and don't panic
Tried-and-true methods can help procurement managers combat across-the-board price increases in an inflationary environment.
By Rich Weissman • Aug. 26, 2021 -
Scott Olson via Getty Images
Suppliers push price hikes through the chain in an inflationary environment
Passing costs on to the next buyer in the supply chain is the primary goal for manufacturers, but that isn't always possible.
By Matt Leonard • Aug. 26, 2021 -
Courtesy of CMA CGM
What retail executives are saying about widespread supply chain bottlenecks
From air shipping to ship charters to price increases, industry players are managing chaos at ports and throughout the global production network every way they can.
By Ben Unglesbee • Aug. 26, 2021 -
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Sponsored by QuickbaseHow leaders are solving 3 key sourcing and procurement priorities in 2021
CPOs are identifying the right tools and processes to solve their biggest challenges for the rest of 2021.
By Kayla Mackay, Solutions Marketing Manager, Quickbase • Aug. 23, 2021 -
Justin Sullivan via Getty Images
Automakers work to increase transparency into semiconductor supply
Ford CEO Jim Farley said the company was working directly with semiconductor fabs, the first tier in the semiconductor supply chain.
By Matt Leonard • Aug. 19, 2021 -
Retrieved from Holdosi from Pixabay on April 23, 2021
Shortages and other challenges across liquor supply chain throw a wrench in summer rebound
"We’re at the mercy of the supply chain," said the CFO of Brown-Forman, the maker of Jack Daniel's and Woodford Reserve.
By A.B. Brown • Aug. 19, 2021 -
Courtesy of https://corporate.walmart.com/photos/walmart-store-exterior-at-night
Walmart charters ships to ensure freight capacity, inventory for peak season
One ship leasing company referred to the charter market as "red hot" as it has signed 40 new charters so far this year.
By Matt Leonard • Aug. 18, 2021 -
Courtesy of Sysco
Sysco struggles with shipper delays, works to find alternative sourcing
The company's sales teams are asking customers whether alternate supplies could be used for products, while its merchant teams coordinate with suppliers.
By Matt Leonard • Aug. 12, 2021 -
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 -
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
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