With shrinking budgets, finance spending goes to new tech

As companies attempt to curb spending in advance of an unpredictable economy, finance teams continue pooling resources to implement the newest tech, a Hackett Group study found.

By Jane Thier • Feb. 18, 2020

Coronavirus-related component delays will hold up production for Trimble within weeks

Trimble keeps about two weeks of inventory on hand. A three-week freight delay out of China or continued factory slowdowns would affect sales in the near term.

By Emma Cosgrove • Feb. 18, 2020

Explore the Trendline➔

Inventory Management

Read how retailers and brand manufactures are rethinking inventory management as an effective strategy against tariffs.

By Supply Chain Dive staff

Coronavirus outbreak leads to supply shortages for Apple

Foxconn, one of Apple's largest suppliers, has not provided details on its plans to restart production.

By Matt Leonard • Feb. 18, 2020

Kraft Heinz turnaround starts with new talent

A massive SKU-reduction effort continues, but CEO Miguel Patricio said people have been his number one priority in his first six months as CEO.

By Emma Cosgrove • Feb. 14, 2020

Buyers or CPOs: Who is responsible for job satisfaction?

The employees who look at their roles as critical, shepherding a global supply base to support their business operation, have the highest job satisfaction. 

By Rich Weissman • Feb. 13, 2020

Machine learning is nearly ubiquitous in accounting operations, ERPs

The technology is mainly used to set up touch-free processes for repetitive functions such as accounts payable and receivable.

By Robert Freedman • Feb. 13, 2020

Searches for suppliers outside China double as coronavirus spreads

Dun & Bradstreet said 92% of the companies with tier one suppliers in the impacted region are based in the U.S.

By Matt Leonard • Feb. 13, 2020

Modell's works with vendors, landlords to avoid bankruptcy

Mitchell Modell said the retailer has hired restructuring advisers and is turning to vendors and landlords to see it through a rough patch.

By Daphne Howland • Feb. 12, 2020

Under Armour forecasts up to $60M revenue hit from coronavirus disruptions

CEO Patrik Frisk expects "significant material impact both financially and operationally" on the company's full-year results, but putting hard numbers on the disruption is tough without a clear picture of scale or duration. 

By Emma Cosgrove • Feb. 12, 2020

NRF: Coronavirus could cause 13% import drop at US ports

Before the outbreak, the National Retail Federation predicted February imports would be 1.54 million TEUs. The forecast has slid to 1.41 million.

By Morgan Forde • Feb. 11, 2020

Supply chain managers can leverage Lunar New Year experience in coronavirus disruption

This is a time when agility in the supply chain, specifically having multiple suppliers in varying geographies, will be extraordinarily valuable, writes Nate Evans, co-founder and CXO at Fictiv.

By Nate Evans • Feb. 10, 2020

87% of US businesses in China expect coronavirus to impact revenue

Companies ranging from Apple suppliers to Nissan have announced plans to temporarily pause production as a result of the virus outbreak.

By Matt Leonard • Feb. 10, 2020

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

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

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