Procurement: Page 63


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    Danielle Ternes/Supply Chain Dive
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    Column

    Inflation: 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 Aug. 26, 2021
  • Robots assemble Ford vehicles at the Chicago Assembly Plant on June 24, 2019 in Chicago, Illinois.
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    Scott Olson via Getty Images
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    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 Aug. 26, 2021
  • 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
  • Asia’s first ship-to-containership LNG bunkering undertaken by CMA CGM and FueLNG at the Port of Singapore, March 2021.
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    Courtesy of CMA CGM
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    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 Aug. 26, 2021
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    Getty Images
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    Sponsored by Quickbase

    How 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
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    Justin Sullivan via Getty Images
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    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 Aug. 19, 2021
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    Retrieved from Holdosi from Pixabay on April 23, 2021
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    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 Aug. 19, 2021
  • Walmart Store Exterior at Night
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    Courtesy of https://corporate.walmart.com/photos/walmart-store-exterior-at-night
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    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 Aug. 18, 2021
  • A Sysco truck outside.
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    Courtesy of Sysco
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    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 Aug. 12, 2021
  • Column

    Say 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 Aug. 12, 2021
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    Bill Pugliano via Getty Images
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    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 Aug. 10, 2021
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    Morris MacMatzen / Stringer via Getty Images
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    Opinion

    Stress 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
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    Kaarin Vembar/Supply Chain Dive
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    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 Aug. 6, 2021
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    Alex Wong via Getty Images
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    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
  • Sharpie inked its gel pen future, attaching this image to the press release announcing the launch of the Sharpie S Gel in 2020.
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    Retrieved from Newell Brands on August 04, 2021
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    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 Aug. 5, 2021
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    Justin Sullivan via Getty Images
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    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 Aug. 4, 2021
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    Scott Olson via Getty Images
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    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 Aug. 3, 2021
  • A photo of Dan Pashman's Cascatelli by Sporkful in production provided in 2021 and taken by Scott Gordon Bleischer.
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    Permission granted by Scott Gordon Bleischer
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    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 Aug. 3, 2021
  • Oshkosh landed a contract with the U.S. Army to integrate a 30MM weapon system onto the Stryker Double V Hull Infantry Carrier Vehicle, the company announced in June 2021.
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    Courtesy of Oshkosh Defense
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    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 Aug. 3, 2021
  • Ford auto manufacturing
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    Courtesy of Ford Motor Company
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    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 Aug. 2, 2021
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    Courtesy of Starbucks
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    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 July 29, 2021
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    Xiaolu Chu/Getty Images via Getty Images
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    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 July 28, 2021
  • Home Depot Home Depot flatbed delivery center in Dallas
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    Permission granted by Home Depot
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    Opinion

    Want 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
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    Allison Joyce/Getty Images via Getty Images
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    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 July 26, 2021
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    Thai Phi Le/Supply Chain Dive
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    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
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    Win McNamee via Getty Images
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    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