Procurement: Page 57
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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 -
Explore the Trendline➔
Sean Gallup via Getty Images
TrendlineInventory Management
Read how retailers and brand manufactures are rethinking inventory management as an effective strategy against tariffs.
By Supply Chain Dive staff -
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 -
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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 -
Courtesy of 3M
Column4 ways to prepare procurement for the second pandemic peak
As shortages and COVID-19 infections persist, it's time to navigate the next phase of the pandemic. Let's call it the second peak.
By Rich Weissman • July 15, 2021 -
Retrieved from U.S. Immigration and Customs Enforcement.
Deep DiveAs PPE demand grew, organizations stepped up to the challenge — and fought fraud along the way
Bad actors emerged during the pandemic, as a supply-demand imbalance in personal protective equipment left openings and vulnerabilities for fraud and counterfeits.
By Deborah Abrams Kaplan • July 15, 2021 -
Kendall Davis/Supply Chain Dive
Higher contract rates pull volume from spot truck market
DAT Principal Analyst Dean Croke said this is the result of carriers securing higher contract rates, which reduces the incentive to focus on the spot market.
By Matt Leonard • July 14, 2021 -
Courtesy of Walmart
Walmart's Flipkart cuts single-use plastic packaging from supply chain, shifts sustainability focus to sellers
The e-commerce platform is juggling the rapid growth in online retail with corporate goals and consumer preferences for sustainable packaging.
By Max Garland • July 13, 2021 -
Courtesy of https://corporate.walmart.com/photos/walmart-store-exterior-at-night
Walmart will add transportation pillar to Project Gigaton
The effort will focus on suppliers' fleets to achieve the retailer's goal to avoid one billion metric tons of greenhouse gases in scope 3 emissions by 2030.
By Matt Leonard • July 13, 2021 -
Courtesy of The Hershey Co.
Hershey and Land O'Lakes partner on sustainability for dairy supply chain
The food CPGs are collaborating with a Chesapeake Bay nonprofit to cut greenhouse gas emissions and boost water quality around Pennsylvania farms supplying milk.
By Samantha Oller • July 9, 2021 -
Supplier financing disclosure would be required under proposed accounting rule
The trade payable arrangements, which help companies manage cash, typically aren’t publicly reported despite posing a liquidity risk.
By Robert Freedman • July 8, 2021 -
Courtesy of DHL
OpinionUsing a new supplier can be risky. Traceability can help.
The supply chain is its own complex ecosystem that requires tracking and documenting products from raw materials to finished goods, writes Brian McCaffrey, production operations manager at Rockwell Automation.
By Brian McCaffrey • July 8, 2021 -
Bill Pugliano via Getty Images
Lead times at record highs and 'still accelerating': ISM
One respondent to ISM's June report said lead times for electronic components went from 16 weeks to more than a year.
By Shefali Kapadia • July 7, 2021 -
"Wanzl IWL" by Zulu84 is licensed under CC BY-SA 4.0
'Real pressure on supply chains': How major players are balancing costs, speed and a new retail world
Executives from PVH, Under Armour, Dollar General, Tractor Supply and American Eagle spoke about current challenges and what it means for supply chains to be agile at NRF's Retail Converge.
By Ben Unglesbee • July 7, 2021 -
Scott Olson via Getty Images
Ford limits production at multiple factories through July due to semiconductor shortages
Despite signs that the supply of semiconductors is beginning to normalize, it could still take until 2022 to work through backlog amid ongoing high demand.
By Matt Leonard • July 6, 2021
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