Procurement: Page 62
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FDA reports first drug shortage due to coronavirus impact
Supplies of the drug, which the FDA did not identify, ran short as a result of issues at a site that produces the active ingredient. Other options are available, the agency said.
By Ned Pagliarulo • Feb. 28, 2020 -
How Johnson & Johnson fills its procurement talent pipeline
The Procurement Leadership Development Program has so far trained 119 employees and helped J&J fill roles when the talent pool is small.
By Jen A. Miller • Feb. 27, 2020 -
Explore the Trendline➔
Sean Gallup via Getty ImagesTrendlineInventory Management
Read how retailers and brand manufactures are rethinking inventory management.
By Supply Chain Dive staff -
Shake Shack takes on procure-to-pay, supplier management in tech upgrade
A digital transformation and new ERP systems give Shake Shack a more granular picture of its procurement operations and frees up in-restaurant teams from administrative tasks.
By Emma Cosgrove • Feb. 27, 2020 -
Walmart joins store and online buying after decades of siloed operations
The move to unify buying across delivery channels demonstrates that omnichannel options are widely available to the consumer, but they are still making their way through the organizations that orchestrate them.
By Emma Cosgrove • Feb. 27, 2020 -
"Scenery in Guangzhou, China" by jiang-wen-jie is licensed under CC BY-SA 3.0
China manufacturing hubs face greatest risk from sea-level rise: report
The Pearl River Delta is home to large automotive, petrochemical and electronics manufacturing operations and the region single-handedly generates 3.8% of global wealth.
By Matt Leonard • Feb. 26, 2020 -
"View from The Pinnacle@Duxton to one of the Ports, Singapore" by Zairon is licensed under CC BY-SA 4.0
Revenue concerns spread outside China with coronavirus cases
The difficulty in predicting the spread of the disease makes it especially challenging for companies to make plans and seek alternative suppliers.
By Matt Leonard • Feb. 26, 2020 -
John Deere plans $40M spend on expedited freight for supply continuity amid coronavirus
The OEM's several quarters of inventory leaning and cost-cutting measures put it in a position to handle a business environment in flux.
By Emma Cosgrove • Feb. 24, 2020 -
Rainforest Alliance strengthens its cocoa certification program
The group said the changes will address challenges within the sector, including farmer livelihoods, child labor and deforestation.
By Cathy Siegner • Feb. 24, 2020 -
How to trust tech vendors
They can sell a bevy of products to a variety of customers. With so many options, sales require customization.
By Jen A. Miller • Feb. 21, 2020 -
Coronavirus: A lesson in supply chain risk management
Companies are finding workarounds as COVID-19 cases and heightened e-commerce demand continue to disrupt supply chains.
By Matt Leonard • Updated June 21, 2022 -
Adidas, H&M, Ikea lead on sustainable cotton sourcing
The Sustainable Cotton Ranking evaluated the companies, looking for policies that firmly direct more sustainable cotton sourcing, followthrough on those policies and the internal traceability available to benchmark improvement.
By Emma Cosgrove • Feb. 20, 2020 -
Opinion
Spend per buyer is reaching critical levels: time to sound the alarm?
It's easy to empathize with overloaded buyers in this new, ultra-lean procurement era. But procurement professionals must adapt or risk going the way of the dodo bird, writes Rich Ham, CEO of Fine Tune.
By Rich Ham • Feb. 20, 2020 -
With shrinking budgets, finance spending goes to new tech
As companies attempt to curb spending in advance of an unpredictable economy, finance teams continue pooling resources to implement the newest tech, a Hackett Group study found.
By Jane Thier • Feb. 18, 2020 -
Coronavirus-related component delays will hold up production for Trimble within weeks
Trimble keeps about two weeks of inventory on hand. A three-week freight delay out of China or continued factory slowdowns would affect sales in the near term.
By Emma Cosgrove • Feb. 18, 2020 -
Coronavirus outbreak leads to supply shortages for Apple
Foxconn, one of Apple's largest suppliers, has not provided details on its plans to restart production.
By Matt Leonard • Feb. 18, 2020 -
Kraft Heinz turnaround starts with new talent
A massive SKU-reduction effort continues, but CEO Miguel Patricio said people have been his number one priority in his first six months as CEO.
By Emma Cosgrove • Feb. 14, 2020 -
Column
Buyers or CPOs: Who is responsible for job satisfaction?
The employees who look at their roles as critical, shepherding a global supply base to support their business operation, have the highest job satisfaction.
By Rich Weissman • Feb. 13, 2020 -
Machine learning is nearly ubiquitous in accounting operations, ERPs
The technology is mainly used to set up touch-free processes for repetitive functions such as accounts payable and receivable.
By Robert Freedman • Feb. 13, 2020 -
Searches for suppliers outside China double as coronavirus spreads
Dun & Bradstreet said 92% of the companies with tier one suppliers in the impacted region are based in the U.S.
By Matt Leonard • Feb. 13, 2020 -
Modell's works with vendors, landlords to avoid bankruptcy
Mitchell Modell said the retailer has hired restructuring advisers and is turning to vendors and landlords to see it through a rough patch.
By Daphne Howland • Feb. 12, 2020 -
Under Armour forecasts up to $60M revenue hit from coronavirus disruptions
CEO Patrik Frisk expects "significant material impact both financially and operationally" on the company's full-year results, but putting hard numbers on the disruption is tough without a clear picture of scale or duration.
By Emma Cosgrove • Feb. 12, 2020 -
NRF: Coronavirus could cause 13% import drop at US ports
Before the outbreak, the National Retail Federation predicted February imports would be 1.54 million TEUs. The forecast has slid to 1.41 million.
By Morgan Forde • Feb. 11, 2020 -
Opinion
Supply chain managers can leverage Lunar New Year experience in coronavirus disruption
This is a time when agility in the supply chain, specifically having multiple suppliers in varying geographies, will be extraordinarily valuable, writes Nate Evans, co-founder and CXO at Fictiv.
By Nate Evans • Feb. 10, 2020 -
87% of US businesses in China expect coronavirus to impact revenue
Companies ranging from Apple suppliers to Nissan have announced plans to temporarily pause production as a result of the virus outbreak.
By Matt Leonard • Feb. 10, 2020 -
China to slash tariffs by 50% on $75B of US imports
The trade war is far from over as tariffs on billions of dollars worth of goods remain and supply chains stay on high alert.
By Shefali Kapadia • Feb. 7, 2020