Procurement: Page 77


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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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    Sean Gallup via Getty Images
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    Trendline

    Inventory Management

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

    By Supply Chain Dive staff
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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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    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
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    Deborah Barrington
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    Caterpillar paid $70M in tariffs last quarter

    The OEM reported higher manufacturing costs and some customers treading cautiously on large capital expenditures. 

    By July 25, 2019
  • Hasbro warehousing costs up as it plans for tariffs

    Even though no new tariffs were enacted on Hasbro's products, planning and risk mitigation led to greater expenses for the brand. 

    By July 24, 2019
  • Harley-Davidson avoids massive EU tariff hike

    Had the EU import tariff been approved at 31% and increased to 56% in 2021 as planned, it could have been a poison pill.

    By July 24, 2019
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    Emma Cosgrove
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    Deep Dive

    Why are fashion supply chains so wasteful?

    Consumer textile waste may be the larger problem, but the pre-consumer supply chain has wasteful practices built in to the way garments are designed and produced.

    By July 23, 2019
  • Alibaba brings e-commerce platform to US businesses

    As the Chinese e-commerce giant chases Amazon into the B2B market, it hopes to connect U.S. suppliers to the world.

    By July 23, 2019
  • 83% of fashion companies plan to reduce China sourcing

    A new U.S. Fashion Industry Association report reveals sourcing costs and trade protectionism as top businesses challenges for this year. 

    By Morgan Forde • July 22, 2019
  • Deliveroo will now buy and deliver ingredients to restaurants

    The U.K.-based company claims its program, which procures food supplies on behalf of multiple eateries, can save small operators up to 40%.  

    By Julie Littman • July 19, 2019
  • SAP extends hardware deal with Intel as part of broader partnership push

    The Intel partnership could mean a smoother transition for users looking to deploy SAP's ERP software.

    By Roberto Torres • July 19, 2019
  • Technology helps find new suppliers, but it's not the be-all and end-all

    Buyers can benefit from using technology in highly saturated vendor markets, freeing up time for negotiation and spend management.

    By July 18, 2019
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    77% of procurement professionals expect a recession by 2021

    Survey respondents fear a recession could lead to budget cuts, layoffs in their departments and the loss of suppliers and contract partners.

    By Morgan Forde • July 18, 2019
  • Toyota to partner with world's largest electric car battery supplier

    The partnership will help Toyota secure supply in an increasingly competitive race to scale up EV production in the next five to 10 years.

    By Morgan Forde • July 17, 2019
  • 77% of suppliers lack deforestation commitments

    Investors and procurement organizations should be concerned that crucial commodities may be in jeopardy as deforestation advances.

    By July 16, 2019
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    Column

    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
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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