Procurement: Page 67
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The supply chain behind the pivot to make coronavirus relief supplies
Relationships and labor are key as manufacturers adjust their operations to produce medical and consumer supplies necessary for fighting the pandemic.
By Jen A. Miller • April 2, 2020 -
Q&A
How can supply chains manage COVID-19 risk? 4 experts weigh in
The short term need is to keep employees safe and healthy. Longer term thinking should focus on resilience and strengthening supply chain partnerships.
By Shefali Kapadia • April 2, 2020 -
Explore the Trendlineâž”
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 -
ISM: US manufacturing decline could persist through May
The Institute for Supply Management predicts the worst is yet to come for the manufacturing and transport industries as supply shortages and declining consumer demand cause ripple effects throughout supply chains.
By Morgan Forde • April 1, 2020 -
The image by Tom Thai/Flickr is licensed under CC BY 2.0 / Edited by Michelle Rock/Supply Chain Dive
How the CARES Act will affect supply chains
The law offers financial relief to businesses weathering COVID-19 disruption and attempts to keep freight and last-mile cargo moving.
By Morgan Forde • April 1, 2020 -
"Jackson Avenue at Federal Plaza, Stay Home City of Chicago Ad" by Raed Mansour is licensed under CC BY 2.0
PwC: Supply chains will broaden, diversify in the wake of coronavirus
Top finance executives shift the conversation from meeting immediate needs to what supply chains should look like long-term.
By Emma Cosgrove • March 31, 2020 -
Yujin Kim/Supply Chain Dive
Deep DiveFrom Section 301 to COVID-19: How a volatile China changed supply chains
An ongoing trade war, and now a global pandemic, pushed U.S. businesses to diversify and raised the question: Are we too dependent on China?
By Shefali Kapadia • March 31, 2020 -
H&M pledges to accept orders in production from suppliers
The move demonstrates a rare level of concern for the health of garment manufacturers, amid the coronavirus pandemic.
By Emma Cosgrove • March 31, 2020 -
As coronavirus spreads, reliance on foreign sourcing strains pharma supply chains
With India on lockdown and China still ramping back up production, experts worry about the pipeline for importing critical drugs into the U.S.
By Deborah Abrams Kaplan • March 27, 2020 -
Digital procurement marketplace connects hospitals responding to coronavirus outbreak
The Exchange tosses out standard allocation models in favor of connecting procurement professionals through a global network.
By S.L. Fuller • March 26, 2020 -
Brian Tucker/Supply Chain Dive
Deep DiveWhat procurement managers should expect from a 'bullwhip on crack'
Slight variations in demand at the retail level grow larger until they reach the manufacturer. This bullwhip effect is playing out in real-time in the COVID-19 pandemic.
By Matt Leonard • March 26, 2020 -
India, Bangladesh extend lockdowns, factories remain closed
The Indian government extended its lockdown order Tuesday, which was initially followed by multiple factories announcing closures. Factories in Bangladesh face a cascade of canceled orders.
By Matt Leonard • Updated April 14, 2020 -
U.S. Centers for Disease Control. "CDC 2019-Novel Coronavirus (2019-nCoV) test kit". Retrieved from https://www.cdc.gov/coronavirus/2019-ncov/about/testing.html.
How health systems are responding as COVID-19 squeezes the medical supply chain
Procurement of supplies will become more difficult if cases surge and federal stockpiles don't trickle down to the state level quickly enough.
By Deborah Abrams Kaplan • March 25, 2020 -
jotoler. (2016). [Photograph]. Retrieved from https://pixabay.com/photos/worker-industry-man-manufacturing-4395772/.
IHS Markit: March Flash PMI posts steepest decline since 2009
Manufacturers reported the first contraction in new business and orders in over a decade amid sharp declines in supplier capacity and customer demand due to the COVID-19 outbreak.
By Morgan Forde • March 25, 2020 -
Column
Today's supply chains are too lean
The COVID-19 pandemic has highlighted the dangers of just-in-time principles and lean inventories.
By Rich Weissman • March 24, 2020 -
Permission granted by American Bakers Association
Food manufacturing will stay healthy during coronavirus, trade groups say
Leaders of the Consumer Brands Association and the American Bakers Association say their members are rising to the challenge and see no shortages of the basics.
By Megan Poinski • March 24, 2020 -
McKinsey estimates stock-outs for automotive, retail supply chains by end of March, April
Just-in-time and traditionally low-inventory supply chains could be in danger in the coming weeks as supply out of China continues to be slow and U.S. and EU factories begin to postpone production.
By Morgan Forde • March 19, 2020 -
US won't suspend China tariffs during coronavirus outbreak
The tariffs present a risk and additional cost to medical supply chains as the need for critical supplies becomes urgent.
By Shefali Kapadia • March 19, 2020 -
Redundancies, hurricane prep keeping healthcare company Baxter in stock despite COVID-19
The company is constantly monitoring the supply and the demand side to thoroughly understand supplier capacity and prevent hoarding by hospitals, said CEO Joe Almeida.
By Emma Cosgrove • March 19, 2020 -
European, US manufacturers shut down as China comes back online
Factory shutdowns will quickly ripple through the supply chain to impact the suppliers, logistics partners and other businesses that work with manufacturers on a regular basis.
By Matt Leonard • Updated March 24, 2020 -
Courtesy of Centers for Disease Control and Prevention
How a lab facing coronavirus supply shortage signals nationwide struggles
The Western New York regional public health lab is a microcosm of the insufficient swab and reagent stocks labs face as they attempt to confirm COVID-19 cases and gauge the scope of the outbreak.
By Greg Slabodkin • March 18, 2020 -
53% of US manufacturers expect operational impact from coronavirus: survey
Operational changes include the implementation of business continuity plans involving workplace sanitation, limiting in-person interaction and managing shifts to account for an uptick in worker absences, according to The National Association of Manufacturers.
By Matt Leonard • March 17, 2020 -
PwC: Coronavirus is moving supply chain into the board room
In a survey conducted last week, 90% of 50 the CFOs said if the coronavirus outbreak disappeared today, it would take their companies three months or less to regain normal function.
By Emma Cosgrove • March 17, 2020 -
National Institute of Allergy and Infectious Diseases. (2020). "Novel coronavirus SARS-CoV-2" [Microscope image]. Retrieved from https://www.flickr.com/photos/nihgov/49535193876/in/album-72157713108522106/.
CDC chief: Certain materials critical to coronavirus tests​ 'now are in short supply'
Separately, the government announced funding for development of COVID-19 diagnostic tests meant to detect the pathogen in about an hour.
By Greg Slabodkin • March 13, 2020 -
Making the most of the cash-to-cash cycle
Procurement's insights can be valuable when it comes time to arrange and review supplier contracts, but only if the team doesn't sit back and let finance handle things.
By Amanda Loudin • March 12, 2020 -
62% of procurement, supply chain managers experiencing supplier delays from China
Companies that shifted sourcing to countries outside of China, such as Vietnam, could be better positioned to weather coronavirus-related disruptions, according to the Institute for Supply Management.
By Morgan Forde • March 12, 2020
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