Procurement: Page 74


  • AAFA: 77% of apparel, footwear imports to face tariffs Sept. 1

    Although tariffs on some clothing and footwear are delayed until Dec. 15, the majority will still face duties at the beginning of next month. 

    By Aug. 16, 2019
  • Heinz Ketchup
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    "Heinz" by Mike Mozart is licensed under CC BY 2.0
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    Kraft Heinz's comeback begins after months of procurement scandal

    A bonus structure that rewarded cost-cutting above all else and insufficient review of supplier contracts led to years of procurement misconduct. A new CEO is charged with the turnaround. 

    By Aug. 15, 2019
  • Shipping containers are stacked at the Port of Los Angeles on February 7, 2023 in Los Angeles, California. Explore the Trendline
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    Mario Tama via Getty Images
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    Trendline

    Top 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
  • VA, Defense Logistics Agency agree to centralize medical procurement for cost savings

    Previous efforts in contract negotiations resulted in $1 billion in savings on prescription drug purchases. 

    By Morgan Forde • Aug. 15, 2019
  • Will Walmart raise prices to mitigate tariffs?

    The CFO warned in May tariffs would lead to price hikes, but analysts say Walmart has enough volume in its supply chain to keep consumers insulated from tariffs.

    By Aug. 15, 2019
  • Advance Auto Parts mitigates tariff impact through supplier collaboration, price hikes

    The auto parts retailer's CFO highlighted how, even though gross profit margin declined in Q2, advanced preparation and reliance of in-house inventory will help it weather the storm. 

    By Andy Burt • Aug. 14, 2019
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    USTR: 10% tariffs on 'certain' clothing, electronics from China delayed to Dec. 15

    Chinese imports not included on USTR's forthcoming list will still face 10% duties on Sept. 1, as President Donald Trump announced earlier this month. 

    By Updated Aug. 13, 2019
  • Tyson shifts production after plant fire to 'keep supply chain full'

    A dip in processing capacity will likely manifest in a depleted and pricier spot market for beef, according to consultants. 

    By Aug. 13, 2019
  • Maker of Saucony, Keds ups inventory 30% ahead of September tariffs

    CEO Blake Krueger said it is too early to determine what the impact will be on 2020 consumer pricing, as the company is holding its mitigation strategies until tariffs take effect.

    By Aug. 13, 2019
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    Walmart
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    Is Walmart doing enough to protect workers in its supply chain?

    The retailer has been auditing, investigating and reporting on its supply chain to clean up labor abuses, but experts say many of the current best practices fall short.

    By Aug. 12, 2019
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    Picking the right procurement KPIs for your business

    Key performance indicators related to suppliers, staff and organizational performance serve as measurement tools to keep businesses on track.

    By Aug. 8, 2019
  • Procurement platform C2FO gets $200M backing from SoftBank

    C2FO said the Series G raise will go toward expanding the platform's reach in new industries and among middle-market buyers. 

    By Aug. 8, 2019
  • S&P: 10% list 4 tariffs more damaging than previous 3

    Technology firms are particularly at risk, as funds directed to moving global supply chains lead to less money available to invest in R&D.

    By Morgan Forde • Aug. 8, 2019
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    Pixabay
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    Tariff whiplash is already taking a toll on retail

    Retailers and brands have been scrambling to source elsewhere besides China, but it's not easy, quick or even possible for everyone.

    By Aug. 5, 2019
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    IBM
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    IBM launches blockchain supplier management platform with Anheuser-Busch, Nokia, others

    Trust Your Supplier aims to digitize and secure paper-based supplier information, qualification, onboarding and management processes with a full commercial rollout planned for the third quarter of the year.

    By Morgan Forde • Aug. 5, 2019
  • 10% China tariffs and the supply chain scramble

    The tariffs will come as importers ramp up shipments for peak season, creating the potential to disrupt global supply chains and trade flows for the remainder of the year. 

    By Aug. 2, 2019
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    H&M
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    Sustainable sourcing at scale: H&M's approach

    Alternative fibers are challenging to produce and procure at scale. A shift from mass market consumption to a craft model with enhanced visibility may be the solution. 

    By Aug. 1, 2019
  • Watchdog finds fraud ring sent fake RFQs, orders to federal tech vendors

    The fraudsters impersonated procurement officials to receive hundreds of thousands of dollars in electronics and sell them on the black market without ever paying the vendor, according to an inspector general report. 

    By Aug. 1, 2019
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    Trump: US to impose 10% tariffs on $300B in Chinese goods

    The tariffs will take effect on Sept. 1, and negotiations will continue in early September. 

    By Updated Aug. 2, 2019
  • White House backs importing drugs from abroad

    The Trump administration's latest drug price plan features ideas Republicans traditionally oppose and breaks with past claims about the FDA's ability to safely oversee importation.

    By Jonathan Gardner • July 31, 2019
  • Apple CEO dismisses possibility of moving production away from China

    Tariffs have driven businesses across numerous industries to reduce sourcing from China and move production, but Tim Cook expressed confidence in Apple's global and diversified supply chain.

    By July 31, 2019
  • Why Bumble Bee Foods chose blockchain to track its tuna supply

    The single platform makes it easier to share information between multiple suppliers and vendors throughout the supply chain.

    By Mitch Betts • July 31, 2019
  • Albertsons names Starbucks veteran as strategic sourcing VP

    Jonathan Gardner, who spent nine years with the beverage giant, will help lead the expansion of Albertsons' goods not for resale division.

    By Lauren Manning • July 31, 2019
  • Rising aluminum costs hit Heineken

    The cost of aluminum has been an issue for beer makers for several quarters now, but other companies' troubles come from a different source.

    By July 30, 2019
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    Yujin Kim / Supply Chain Dive
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    Column

    When your sole source supplier closes up shop, what happens next?

    Adding supplier succession planning to risk management frameworks helps ensure ongoing operations as businesses change leadership. 

    By July 25, 2019
  • LG Display looks to diversify suppliers over South Korea-Japan trade spat

    The company's CFO said it will prepare to ensure uninterrupted sourcing in the short term and diversify its sourcing channels in the long term. 

    By July 25, 2019