Procurement: Page 69
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Pandemic exposes need to automate finance function amid limited resources
Finance automation has been practical for most organizations for 20 years, but only about 5% are fully vested so far.
By Robert Freedman • July 8, 2020 -
Biden releases plan to strengthen domestic supply chains
The plan positions critical medical supply chains as a matter of national security and would compensate companies for maintaining excess production capacity and inventory.
By Emma Cosgrove • July 8, 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 -
Opinion
Supply chain resilience plans start with mapping — but don't wait for disruption to test them
If investing in resilience seems too costly, there's always that other strategy: hoping nothing goes wrong, writes Anne van de Heetkamp, a VP at Descartes.
By Anne van de Heetkamp • July 7, 2020 -
Column
Small business suppliers are at risk in the pandemic. How do you protect them and your firm?
Buyers can take a multi-phased approach to identify risk and support small suppliers through the economic storm.
By Rich Weissman • July 2, 2020 -
US government to crack down on supply chains linked to human rights abuses in Xinjiang
The Department of Homeland Security said it will take "increased enforcement action" against U.S. businesses contributing to forced labor and other human rights abuses in the region.
By Morgan Forde • July 2, 2020 -
US manufacturing breaks growth records, pandemic unknowns temper July outlook
June's PMI figure does not capture the impact of a recent nationwide spike in coronavirus cases.
By Morgan Forde • July 2, 2020 -
USMCA takes effect. How does it affect supply chains?
Shippers are struggling to determine whether ramping up nearshoring efforts or absorbing tariff costs from overseas suppliers is the most cost-effective strategy under the new NAFTA.
By Morgan Forde • July 1, 2020 -
Retrieved from Chipotle on July 15, 2020
Chipotle launches virtual farmers market for suppliers
The program isn't a new revenue stream for the brand. It's a strategic play to stabilize its valuable supply chain network and deepen loyalty with its suppliers.
By Emma Liem Beckett • June 30, 2020 -
Tracking US manufacturers' shift to PPE during the coronavirus pandemic
General Motors gets out of the ventilator game, and 3M adds two new N95 respirator production lines.
By Nami Sumida • Updated Nov. 30, 2020 -
UPS lowers peak surcharge on China-US shipments starting Sunday
The reduction coincides with a gradual calming of airfreight demand and rates, but surcharges remain above the amount announced in March.
By Shefali Kapadia • June 26, 2020 -
"G.Tech Technology Factory Zhuhai China" by Chris from Shenzhen, China is licensed under CC BY-SA 2.0
Gartner: 55% of supply chains expect to be resilient in 2-3 years
Building supply chain redundancies used to be seen as an unaffordable precaution. Now, they're becoming part of critical risk management strategies.
By Morgan Forde • June 26, 2020 -
NRDC reports little progress toward sustainable fiber sourcing in toilet paper as pandemic shakes up demand
Kimberly-Clark is the only of the three largest toilet paper producers to commit to reducing virgin pulp sourcing.
By Emma Cosgrove • June 25, 2020 -
"Medical disposable masks on wooden background" by Marco Verch Professional Photographer and Speaker is licensed under CC BY 2.0
FEMA winds down PPE flights as 'supply chain is stabilizing'
Brokers have said the PPE procurement process is nowhere near normal, and the agency has an agreement with airline partners to redeploy Project Airbridge if needed.
By S.L. Fuller • June 24, 2020 -
Sales plummeted 14% in April leaving companies with bulging inventories
The inventory-to-sales ratio paints a clear picture of the pandemic and the economic turmoil it has created across retail and manufacturing, leaving product to languish in stockrooms, destined for markdowns or donations.
By Matt Leonard • June 23, 2020 -
Master Sgt. Hecht, Matt. (2020). [Photograph]. Retrieved from Flickr.
OpinionCoronavirus and counterfeits: How supply chain leaders can protect their products and brands
It's dangerous to assume only healthcare products are impacted by counterfeiting during the pandemic, writes Andrew Stevens, a senior director analyst in Gartner's supply chain practice.
By Andrew Stevens • June 22, 2020 -
Designer Brands to trim vendor list to prep for post-pandemic landscape
Simplification is a watchword of supply chains post-lockdown, according to business executives across sectors.
By Emma Cosgrove • June 19, 2020 -
1 in 3 procurement leaders: We're past the peak of coronavirus disruption
A Procurious survey found procurement teams navigated the early months of the pandemic fairly well, though the learning curve has been steep.
By Morgan Forde • June 18, 2020 -
Column
A call to action: Use HUB suppliers for critical operations
Procurement professionals can use their collective power to actively join the social justice revolution.
By Rich Weissman • June 18, 2020 -
4 food and beverage ingredients facing shortages amid the pandemic
From mushrooms and garlic to carbon dioxide and yeast, the COVID-19 outbreak has sparked global supply concerns.
By Lillianna Byington • June 18, 2020 -
CH Robinson flexes muscle to wrangle PPE supply chains
The struggle to procure PPE has led states and hospital systems to lean on the procurement and logistics skills of private players.
By Emma Cosgrove • June 18, 2020 -
Unilever to request suppliers' emissions data on invoices
The supplier accountability effort seeks to advance Unilever' sustainability goals, such as reaching net-zero emissions from products by 2039 and ridding its supply chain of deforestation by 2023.
By Emma Cosgrove • June 17, 2020 -
Developing the coronavirus vaccine supply chain
Pharmas, nonprofit organizations and suppliers prepare to handle a high volume of vaccines, but component shortages and scaling up manufacturing present challenges.
By Deborah Abrams Kaplan • June 16, 2020 -
UNFI: Grocery supplier stockouts could last into the fall
Consistently high demand, combined with the spike of panic-buying in March, will keep some suppliers in catch-up mode for a few more months, CEO Steve Spinner said.
By Emma Cosgrove • June 12, 2020 -
"Official U.S. Navy PageFollow Sailor screens a patient in their car at Naval Medical Center Portsmouth’s COVID-19 drive thru screening" by Official U.S. Navy Page is licensed under CC BY 2.0
OpinionIt's time for a national hospital supply chain czar
If the current lack of supply chain coordination isn't resolved before the expected second surge in COVID-19 cases, the result will be a far worse crisis, writes Jody Hatcher, a healthcare supply chain expert.
By Jody Hatcher • June 11, 2020 -
Supply chain median salary 24% higher than national median, gender gap narrows
Supply chain professionals with a bachelor's degree have a median salary of $78,750 and 88% of respondents said they have a positive career outlook.
By Matt Leonard • June 10, 2020