Procurement: Page 73


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    5 steps to successful supplier negotiations

    While strong supplier relationships have proven beneficial to the buyer and seller, these relationships are not a replacement for active and ongoing negotiation.

    By July 11, 2019
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    Unsplash
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    Report: Reverse auctions on the rise among younger procurement professionals

    Modern reverse auction platforms can provide visibility into suppliers beyond their bid amount and offer benefits like cost savings, reduced negotiation times and price testing the market.

    By Morgan Forde • July 11, 2019
  • FedEx worker sort through a pile of boxes at the FedEx sort facility at the Oakland International Airport December 18, 2006 in Oakland, California. Explore the Trendline
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    Justin Sullivan via Getty Images
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    Trendline

    Retail Supply Chains

    Retailers are making operational investments and adjustments to maintain supply chain resilience. Here’s how.

    By Supply Chain Dive staff
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    Reshoring index down 3rd year in a row

    Manufacturers aren't coming back to the U.S., preferring instead to diversify to other lower-cost manufacturing countries, according to a report from A.T. Kearney.

    By Morgan Forde • July 10, 2019
  • Textile sourcing from India, South Korea grows with trade war underway

    Sourcing from China went up also, but large jumps in other countries are likely signs of buyers seeking alternative supply sources to avoid tariffs. 

    By July 10, 2019
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    Publix
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    Publix updates sourcing standards for sustainable seafood

    For fisheries that don’t meet the standards, Publix will work with the supplier to sponsor sustainability efforts through its Fishery Improvement Project.

    By Krishna Thakker • July 10, 2019
  • Pigs at Keenbell Farm are pasture raised by 3rd generation farmer CJ Isbell in Rockville, VA, on Friday, May 6, 2011.
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    U.S. Department of Agriculture. (2011). [photograph]. Retrieved from https://www.flickr.com/photos/usdagov/5707774275.
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    Long-term contracts leave US pork suppliers out of tariff aid

    Many American producers will see no benefit from a government purchase contract since the affected farmers already have long-term contracts with JBS, the processor that won the bid.

    By July 9, 2019
  • Report: Volkswagen pursues joint ventures with suppliers to secure EV production

    Automakers looking to transition to electric vehicles face challenges sourcing lithium and cobalt needed to produce a sufficient quantity of batteries.

    By Morgan Forde • July 9, 2019
  • Nestlé launches open blockchain pilot to track milk

    The food company announced a commitment to pursuing a fully transparent supply chain in February and cites its partnership with OpenSC as a means of publicly verifying its progress.

    By Morgan Forde • July 3, 2019
  • US proposes tariffs on $4B EU imports

    The latest duties comprise a supplemental list, adding on to tariffs proposed in April on $21 billion worth of goods, covering several food products and whiskey.

    By July 2, 2019
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    Trump: US won't impose tariffs on $300B Chinese goods 'for the time being'

    China and the U.S. will resume negotiations and avoid a further escalation of the trade war "for at least the time being," Trump said.

    By June 29, 2019
  • 4 arguments from 7 days of USTR tariff hearings

    More than 300 witnesses testified across 55 panels, detailing the purpose and problems with the proposed list four tariffs on $300 billion worth of Chinese goods.

    By , , , Morgan Forde • June 28, 2019
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    As a buyer, I was a road warrior

    The best supplier evaluation tools use all five senses and there is no magic replacement for visiting key and potential vendors.

    By June 27, 2019
  • New Sears taps 'sourcing agents' to improve supply chain, lead times

    Sears' holding company faces an uphill battle to overcome the reputation of its namesake and navigate an ongoing trade war. 

    By June 27, 2019
  • ERP talent among most sought after skills for managers

    A company that wants to secure tech talent needs to move quickly when it finds someone who fits the role, experts suggest.

    By Roberto Torres • June 27, 2019
  • Fairway Market digitizes procure-to-pay for local food

    Digitizing the process of sourcing local food could save money, reduce errors and provide a more efficient way for stores to work with producers. 

    By Jennifer Sweeney • June 27, 2019
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    Tesla receives 1-year tariff exclusion on Japanese aluminum imports

    The decision is a victory for the company, which uses aluminum to manufacture its car batteries. 

    By Morgan Forde • June 26, 2019
  • 56% of manufacturers say trade issues are a top concern

    2019 could bring challenges for manufacturers who experienced a "banner year" last year, according to the National Association of Manufacturers.

    By June 25, 2019
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    Edwin Lopez / Supply Chain Dive
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    NRF: List 4 tariffs 'too large' for retailers to absorb

    In testimony, NRF's David French said capacity doesn't exist for retailers to move sourcing away from China, resulting in billions of dollars in increased costs for consumers. 

    By June 24, 2019
  • At Molson Coors, supply risk management starts with real-time data

    Climate change presents risks to malting grade barley, prompting beer manufacturers to protect the crucial crop.

    By June 20, 2019
  • Report: Apple asks suppliers to model cost of production outside China

    Apple testified Thursday in U.S. Trade Representative hearings and said the list four tariffs would "tilt the playing field in favor of our global competitors."

    By Morgan Forde • June 20, 2019
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    The image by S Aziz123 is licensed under CC BY-SA 4.0
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    Gap, Adidas, Nike rank top 5 in Better Cotton leaderboard

    The top 15 companies in BCI's rankings account for 88% of the Better Cotton sourced in 2018.

    By Andy Burt • June 19, 2019
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    USTR hearing: 7 days of tariff testimony begin

    More than 300 businesses or associations plan to provide testimony on how the proposed tranche four China tariffs would impact their businesses.

    By June 17, 2019
  • Cargill CEO says industry will 'fall short' of 2020 goals to end deforestation

    The CEO pledged $30 million to accelerate new efforts to address deforestation, beginning with the soy industry in Brazil.

    By June 14, 2019
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    Christiann Koepke via Unsplash
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    The 4 pillars of procurement for small businesses

    One doesn’t have to be a Fortune 500 company to establish strong supply chain management foundations that will contribute to future growth.

    By June 13, 2019
  • Walmart updates supplier pricing tool to manage tariff costs

    The new tool for suppliers is proof the price hikes Walmart executives predicted are not just likely, but the system designed to enable them is already in place.

    By Morgan Forde • June 13, 2019