Procurement: Page 67
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Coupa says increased focus on spend management has led to RFP uptick
The pandemic is driving procurement departments to get a better grasp on cash flow, spend management and sourcing risk.
By Shefali Kapadia • Sept. 10, 2020 -
Nestlé invests $30M in Closed Loop fund to expand sustainable packaging use
The deal provides the manufacturer with access to food-grade recycled plastics it can use for packaging in products such as Coffee Mate and Stouffer's.
By Jessi Devenyns • Sept. 9, 2020 -
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 -
FedEx opens Foreign Trade Zone in El Paso, Texas, as trade war and pandemic increase shipper interest
The deferral of duties is especially attractive as consumer demand for some items has dropped, allowing shippers to hold onto inventory without paying duties until demand returns.
By Matt Leonard • Sept. 4, 2020 -
ISM: Pricing power is in suppliers' hands
Increasing demand and issues with supply across manufacturing industries have driven up raw material and freight pricing.
By Shefali Kapadia • Sept. 3, 2020 -
Opinion
Improve visibility by going beyond the linear supply chain model
COVID-19 has made it clear that organizations must lean into dynamic, collaborative supply networks, the author writes.
By Sean Thompson • Sept. 3, 2020 -
Ball plans new aluminum plant to counter can shortage
Traditionally lean supply chains industry-wide have made ramping up U.S. production challenging for canmakers, some of which are importing cans to keep up.
By Matt Leonard • Sept. 3, 2020 -
Timberland pledges sustainable materials sourcing, circularity by 2030
The apparel and footwear maker said it will source 100% of its natural materials, including leather, rubber, cotton, wool and sugarcane derivatives, from regenerative agriculture in the next decade.
By Emma Cosgrove • Sept. 2, 2020 -
McKinsey: Fashion industry needs deeper supplier collaboration to cut emissions
More than 70% of apparel and footwear emissions originate in the supply chain before most brands take possession of finished goods, according to the firm.
By Emma Cosgrove • Aug. 27, 2020 -
Column
Help. My supplier was on the news this morning.
Call it guilt by association. Supplier reputation is one more supply chain risk a buyer needs to monitor and manage.
By Rich Weissman • Aug. 27, 2020 -
Unilever pilots geospatial, IoT tech to cut deforestation from palm oil supply chain
The company is partnering with Orbital Insight, a satellite imagery and data analytics firm, to meet its deforestation goal and trace supply from factories back to individual forests and farms.
By Morgan Forde • Aug. 27, 2020 -
Retrieved from Walmart on May 08, 2019
Walmart: More than 2K suppliers are participating in Project Gigaton
A reduction in supply chain emissions is particularly important to meeting sustainability goals, because Scope 3 makes up nearly 89% of Walmart's total emissions.
By Matt Leonard • Aug. 27, 2020 -
Kind will exclusively source almonds from bee-friendly farms by 2025
The brand is asking its suppliers to reserve 3% to 5% of their farms for pollinator habitat in hopes of curbing the high levels of honey bees that die each year.
By Lillianna Byington • Aug. 25, 2020 -
Stocked out: Why cleaning product supply chains struggle to meet demand
The disinfectant and cleaning product supply chain relies on a just-in-time approach, making it difficult to radically move the output meter in a short timeframe.
By Deborah Abrams Kaplan • Aug. 20, 2020 -
Symrise, Kellogg achieve 2020 goal of 100% responsibly sourced vanilla
Suppliers must adhere to a code of conduct, which includes standards for human rights, health and environmental sustainability, Symrise said.
By Morgan Forde • Aug. 19, 2020 -
Reopening draws down inventory, but volatility expected for remainder of year
The total business inventories-to-sales ratio echoes trends seen throughout the pandemic: Apparel retailers are struggling to bring customers in while grocers are having a difficult time staying stocked.
By Matt Leonard • Aug. 18, 2020 -
Stockouts hold Walmart back as e-commerce booms
CEO Doug McMillon said consumers briefly returned to the stock-up behaviors they displayed early in the pandemic, as COVID-19 cases spiked in pockets of the country.
By Emma Cosgrove • Aug. 18, 2020 -
'Made in China' order changes Hong Kong product labels, not tariffs
The labeling switch does not impact a product's tariff designation, but analysts said the "Made in China" label could have a negative effect on brand perception.
By Morgan Forde • Aug. 13, 2020 -
Q&A
How can managers make their supply chains more agile? 4 experts weigh in.
The ability to remain nimble and react to unforeseen changes across the value chain has proven more beneficial than scenario planning or forecasting for many businesses.
By Shefali Kapadia • Aug. 13, 2020 -
Retail suppliers are still under strain — and it could hurt everyone
Stores are open, but vendors face longer payment terms and financial uncertainty, which could hit retail shelves just as the holidays ramp up.
By Ben Unglesbee • Aug. 10, 2020 -
US reverses decision to reimpose aluminum tariffs on Canadian imports
The initial announcement to reinstate the 10% duties came as manufacturers faced a shortage of aluminum cans.
By Shefali Kapadia • Updated Sept. 16, 2020 -
US orders government to prioritize domestic drug supply chain
A directive announced by the president Thursday would require government agencies to buy certain "essential" drugs from factories in the U.S.
By Ben Fidler • Aug. 6, 2020 -
EcoVadis: Procurement's sustainability track record getting worse
The pandemic disrupted progress on supplier visibility as it stopped operations and prevented travel and in-person audits — casting doubt on potential improvement in 2020.
By Morgan Forde • Aug. 6, 2020 -
Column
Dear valued supplier: Don't take advantage of the pandemic to raise prices
Nearly every cycle, some business condition creates cost challenges, with many price increases valid but others not. The goal is to separate fact from fiction.
By Rich Weissman • Aug. 6, 2020 -
Fashion industry says purchase order cancellations will endure in Q3 and beyond
Despite reduced optimism about the industry's future, 90% of survey respondents plan to increase hiring over the next five years, particularly in production and supply chain roles.
By Morgan Forde • Aug. 5, 2020 -
Beyond Meat incurs $6M in repacking expense to handle pandemic demand shift
With restaurants, schools and offices closed, the plant-based supplier switched food service production lines over to retail products, which resulted in a mix of 88% retail and 12% food service.
By Shefali Kapadia • Aug. 5, 2020