Procurement: Page 71
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Q&A
What are the most important supply chain ethics? 3 experts weigh in
Consumer awareness of sustainability and forced labor in the supply chain is driving organizations to take the next step beyond compliance into ethics.
By Shefali Kapadia • Nov. 11, 2019 -
UPS creates digital tools to deliver blockchain-verified beef
The beef traveled from Kansas to a steakhouse in Japan in temperature-controlled UPS packaging and UPS developed a "customized integrated visibility tool" to track the shipment.
By Emma Cosgrove • Nov. 11, 2019 -
Explore the Trendline➔
Mario Tama via Getty ImagesTrendlineTop 5 stories from Supply Chain Dive
Here’s how companies are navigating rising costs, network changes and logistics disruptions across global supply chain networks.
By Supply Chain Dive staff -
A great supply risk lies in the Uighur crisis of China's Xinjiang Province
If you don't know the specific origin within China of your raw materials, "you should assume that you're at risk," said Ryan Lynch of the British Standards Institution.
By Emma Cosgrove • Nov. 8, 2019 -
Column
Patent Pending: FedEx eyes easier returns, Amazon marries drones and intermodal
Supply chain innovators apply to patent what they see as important tools for the future of supply chains. Sometimes they're brilliant. Sometimes they're funny. Every week, we'll share a few.
By Matt Leonard • Nov. 8, 2019 -
Opinion
Supply chains must take the lead in origin stories
As consumer interest grows in products' sources and production, supply chains have a responsibility to plan and execute company-wide initiatives on origin stories, Gartner's Pam Fitzpatrick writes in an op-ed.
By Pam Fitzpatrick, Senior Director Analyst, Gartner Supply Chain Practice • Nov. 8, 2019 -
Column
Managing procurement's new and evolving workforce
As employees from transportation, planning and operations join procurement, the department must educate the new workforce on critical supplier relationships, ethics and communication and use generational differences as an advantage, not a stereotype.
By Rich Weissman • Nov. 7, 2019 -
Workday to acquire procurement platform Scout RFP for $540M
Workday says the acquisition will help it to build out a modern source-to-pay solution to add visibility to the procurement process.
By Matt Leonard • Nov. 7, 2019 -
How zero-based budgeting improves operations
Switching from traditional budgeting is neither cheap nor easy, but it makes for more efficient and better aligned spending.
By Robert Freedman • Nov. 5, 2019 -
Caterpillar lays off 120 amid economic uncertainty, trade war
On a recent earnings call, the OEM's executives said they are adjusting production to meet reduced demand resulting from economic uncertainty and trade tensions.
By Shefali Kapadia • Nov. 5, 2019 -
Owner-operator truck drivers in California plan protests over AB5
The law has gained attention due to the impact on the gig economy, but owner-operator truck drivers could be equally affected.
By Matt Leonard • Nov. 5, 2019 -
Q&A
What makes a successful shipper of choice? 4 experts weigh in
A tight trucking market drove shippers to adjust their operating models and position themselves as good customers to carriers.
By Shefali Kapadia • Nov. 4, 2019 -
Tyson will assess its deforestation risks
Sustainability-focused nonprofit Proforest will help the company look at its cattle, palm oil, soy, timber, pulp and paper sourcing to develop a forest protection policy.
By Cathy Siegner • Nov. 4, 2019 -
Kraft Heinz tackles excess complexity with SKU-by-SKU review
Fewer but bolder product innovations will be the way forward after the company eliminates low or negative margin SKUs, explained CEO Miguel Patricio.
By Emma Cosgrove • Nov. 1, 2019 -
When procurement and supply chain butt heads on KPIs
Conflicting metrics that pit one department against another often stem from the top down.
By Jen A. Miller • Oct. 31, 2019 -
Major chocolate brands fail to address child labor, sustainability in their supply chains: report
Green America's Chocolate Scorecard gave Mondelez, Ferrero and Godiva two D's and an F, respectively, for the quality of their measures to ensure human rights, fair wages, sustainability and transparency in their supply chains.
By Morgan Forde • Oct. 31, 2019 -
Zebra Technologies leaves China as tariffs take $10M bite out of profits
"We've already moved all the products that were impacted by list one, two and three," Zebra Technologies CEO Anders Gustafsson told CNBC this week. "We're now in the middle of moving our list four products out."
By Matt Leonard • Oct. 31, 2019 -
Q&A
Which financial KPIs are worth tracking?
These measures include inventory outstanding, sales outstanding and days payable outstanding, which is how many days a company takes to pay its bills and invoices to suppliers, vendors or other companies.
By Jane Thier • Oct. 30, 2019 -
Beyond Meat to triple pea protein sourcing in 2020 to avoid past bottlenecks
CEO Ethan Brown said the company has "dramatically" increased its protein supply and diversified it's supplier base to keep up with exploding demand.
By Emma Cosgrove • Oct. 29, 2019 -
Topco pilots Mastercard blockchain for seafood traceability
The grocer will use Envisible's Wholechain to gain visibility into the ethical sourcing and environmental compliance of its seafood offerings.
By Morgan Forde • Oct. 29, 2019 -
Black & Decker finds the upside to list 4 tariffs
Black & Decker executives are planning to mitigate a higher percentage of tariff costs in 2020 and build a "very significant cushion" in case of an economic downturn.
By Emma Cosgrove • Oct. 28, 2019 -
With the right foundation, procurement can turn visibility into action
Procurement departments must create a roadmap for the insights they want to attain through data and ensure a continuous flow of information with suppliers.
By Craig Guillot • Oct. 24, 2019 -
50% of procurement organizations use Excel for data analysis: study
"Procurement as a function is lagging behind the pattern of innovation in other parts of the enterprise, particularly in supply chain," LevaData's Richard Barnett said.
By Morgan Forde • Oct. 24, 2019 -
China tariffs cut margins for 70% of US electronics manufacturers
The U.S.-China trade war has impacted overall industry sentiment to the extent that one in five firms in IPC's study reported reduced investment in the U.S.
By Shefali Kapadia • Oct. 24, 2019 -
Wholesalers concur: Retailers are not open to sharing the tariff burden
"Nobody wants to accept a price increase from the person below them in a supply chain," AAFA EVP Steve Lamar said at the Sourcing Journal Summit in New York City.
By Emma Cosgrove • Oct. 22, 2019 -
CMA CGM offers financing, extended payment deadlines for shippers
The French carrier seeks to offer financial relief in the form of improved cash flow to companies working to mitigate the instability of the current trade environment.
By Morgan Forde • Oct. 22, 2019