Procurement: Page 63
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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 -
Column
How to attract and retain supply management talent
Demand for skilled procurement workers coupled with low unemployment has created a shortage of talent in the profession.
By Rich Weissman • Feb. 6, 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 -
60% of procurement leaders say lack of transparency is a risk, survey finds
Respondents in a Basware survey reported a direct correlation between their level of transparency and the success of their business.
By Morgan Forde • Feb. 6, 2020 -
Macy's lays out a massive supply chain overhaul
Macy's new Chief Supply Chain Officer Dennis Mullahy took over a supply chain with siloed management and data and little strategic influence. That's all about to change.
By Emma Cosgrove • Feb. 6, 2020 -
Hyundai, Airbus stop production as coronavirus leaves manufacturers scrambling
Two Hyundai suppliers, Kyungshin and Yura Corporation, have announced plans to increase production outside of China to make up for supply shortages and plan to resume production Sunday at their Chinese locations.
By Matt Leonard • Feb. 5, 2020 -
Owed millions, Forever 21 suppliers and lenders take aim at auction plan
Some of the retailer's biggest suppliers say the company has fallen behind on payments and worry that a quick sale process could burn them.
By Ben Unglesbee • Updated Feb. 5, 2020 -
How manufacturers are preparing for the next recession
More than half of respondents in a BDO survey said they were working to increase production efficiency to guard against a future recession and 42% said they were monitoring the financial health of their suppliers.
By Matt Leonard • Feb. 4, 2020 -
Mercedes-Benz taps blockchain to track emissions in cobalt supply chain
The blockchain platform aims to trace carbon emissions and help the automaker hold suppliers accountable for ethical supply chain practices.
By Morgan Forde • Feb. 3, 2020 -
Kellogg works with suppliers to phase out controversial glyphosate
Consumer and environmental advocacy groups applauded the cereal maker's decision and hoped it would spur similar action from other companies such as PepsiCo and General Mills.
By Cathy Siegner • Feb. 3, 2020 -
How Lush ditched manual invoicing for automated accounts payable
Before 2017, the skincare company printed hundreds of thousands of supplier invoices annually. Now 92% of invoices are touchless.
By Deborah Abrams Kaplan • Jan. 30, 2020 -
McCormick plans to drop up to $350M on transition to SAP ERP
The transition to the ERP coincides with the growth of the company and SAP ending support for McCormick's current system
By Matt Leonard • Jan. 30, 2020 -
Supply chains plan for coronavirus disruption
While officials say the outbreak is not a threat to Americans' health, businesses will have to deal with a quarantine in one of China's largest industrial hubs.
By Matt Leonard • Jan. 29, 2020 -
What's the right forecasting method? It depends on your data.
Time-series forecasting is a method that goes back decades, but as new computational power provides new options, what's the best way to go?
By Matt Leonard • Jan. 28, 2020 -
US expands tariffs to cover steel- and aluminum-based items
Businesses importing foreign-made steel and aluminum products as a mitigation tactic against tariffs on the raw materials will require reassessment of sourcing plans before the tariffs kick in on Feb. 8.
By Shefali Kapadia • Jan. 28, 2020 -
World Economic Forum launches self-service blockchain platform for supply chain traceability
Architects of the WEF initiative aim to allay privacy and data ownership concerns with a neutral platform, thereby speeding adoption across industries.
By Emma Cosgrove • Jan. 28, 2020 -
La Senza's suppliers file to put it in Ch. 7 bankruptcy
The lingerie retailer was sold by L Brands in 2018. Less than a year later, it fell behind on tens of millions of dollars in payments, a vendor alleges.
By Ben Unglesbee • Jan. 27, 2020 -
Whole Foods struggles with shortages amid supplier closure
Customers nationwide have reported bare shelves and limited inventory, which the retailer has said is a result of an unexpected supplier closure.
By Jessica Dumont • Jan. 27, 2020 -
Column
Why professional development matters in procurement
The supply chain field is changing rapidly, and development is an important way to represent yourself, your company and your profession.
By Rich Weissman • Jan. 23, 2020 -
Supplier negotiation could become more science than art: survey
A survey of 500 senior procurement decision managers found that 66% of them believe digital skills will overtake people skills in supplier negotiations in the coming years.
By Morgan Forde • Jan. 23, 2020 -
Trade war will lead to global recession: survey
The uncertainty surrounding a possible recession requires supply chain managers to tread cautiously and firm up risk management strategies.
By Shefali Kapadia • Jan. 23, 2020 -
Office workers hate data entry, automation company says
Workers say routine tasks like data entry and filing documents eats into their productivity, an opportunity robotic process automation vendors want to seize.
By Roberto Torres • Jan. 21, 2020 -
Nestlé to invest up to $2B in sustainable packaging
The global company wants to lead the shift to food-grade recycled plastics and accelerate the development of more environmentally friendly solutions with a venture fund.
By Lillianna Byington • Jan. 17, 2020 -
Trader Joe's, CVS get low marks on chocolate supply chains
If retailers make the decision to buy chocolate based on labor and environmental standards it can help shift the industry in the right direction, Green America noted in its study.
By Matt Leonard • Jan. 16, 2020 -
Why procurement planning is critical ahead of Chinese New Year
Smart U.S. companies have plans in place to accommodate disruptions that come with the holiday, such as delayed production, slower shipping and tight capacity.
By Amanda Loudin • Jan. 16, 2020 -
USMCA will enter into force July 1
The trade deal promises streamlined digital trade and higher duty-free thresholds in a win for small- and medium-sized shippers.
By Morgan Forde • Updated April 27, 2020