Procurement: Page 77


  • Column

    Today's supply chains are too lean

    The COVID-19 pandemic has highlighted the dangers of just-in-time principles and lean inventories.

    By March 24, 2020
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    Permission granted by American Bakers Association
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    Food manufacturing will stay healthy during coronavirus, trade groups say

    Leaders of the Consumer Brands Association and the American Bakers Association say their members are rising to the challenge and see no shortages of the basics.

    By Megan Poinski • March 24, 2020
  • Shipping containers are stacked at the Port of Los Angeles on February 7, 2023 in Los Angeles, California. Explore the Trendlineâž”
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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 evolving global trade and tariff policies, rising costs and operational uncertainty across supply chain networks.

    By Supply Chain Dive staff
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    Getty Images
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    McKinsey estimates stock-outs for automotive, retail supply chains by end of March, April

    Just-in-time and traditionally low-inventory supply chains could be in danger in the coming weeks as supply out of China continues to be slow and U.S. and EU factories begin to postpone production.

    By Morgan Forde • March 19, 2020
  • US won't suspend China tariffs during coronavirus outbreak

    The tariffs present a risk and additional cost to medical supply chains as the need for critical supplies becomes urgent. 

    By March 19, 2020
  • Redundancies, hurricane prep keeping healthcare company Baxter in stock despite COVID-19

    The company is constantly monitoring the supply and the demand side to thoroughly understand supplier capacity and prevent hoarding by hospitals, said CEO Joe Almeida. 

    By March 19, 2020
  • European, US manufacturers shut down as China comes back online

    Factory shutdowns will quickly ripple through the supply chain to impact the suppliers, logistics partners and other businesses that work with manufacturers on a regular basis. 

    By Updated March 24, 2020
  • Transmission electron microscopic image of an isolate from the first U.S. case of COVID-19, formerly known as 2019-nCoV. The spherical viral particles, colorized blue, contain cross-section through th
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    Courtesy of Centers for Disease Control and Prevention
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    How a lab facing coronavirus supply shortage signals nationwide struggles

    The Western New York regional public health lab is a microcosm of the insufficient swab and reagent stocks labs face as they attempt to confirm COVID-19 cases and gauge the scope of the outbreak.

    By Greg Slabodkin • March 18, 2020
  • 53% of US manufacturers expect operational impact from coronavirus: survey

    Operational changes include the implementation of business continuity plans involving workplace sanitation, limiting in-person interaction and managing shifts to account for an uptick in worker absences, according to The National Association of Manufacturers.

    By March 17, 2020
  • PwC: Coronavirus is moving supply chain into the board room

    In a survey conducted last week, 90% of 50 the CFOs said if the coronavirus outbreak disappeared today, it would take their companies three months or less to regain normal function.

    By March 17, 2020
  • A transmission electron microscope image of SARS-CoV-2, isolated from a patient in the U.S.
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    National Institute of Allergy and Infectious Diseases. (2020). "Novel coronavirus SARS-CoV-2" [Microscope image]. Retrieved from https://www.flickr.com/photos/nihgov/49535193876/in/album-72157713108522106/.
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    CDC chief: Certain materials critical to coronavirus tests​ 'now are in short supply'

    Separately, the government announced funding for development of COVID-19 diagnostic tests meant to detect the pathogen in about an hour. 

    By Greg Slabodkin • March 13, 2020
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    Fotolia
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    Making the most of the cash-to-cash cycle

    Procurement's insights can be valuable when it comes time to arrange and review supplier contracts, but only if the team doesn't sit back and let finance handle things.

    By Amanda Loudin • March 12, 2020
  • 62% of procurement, supply chain managers experiencing supplier delays from China

    Companies that shifted sourcing to countries outside of China, such as Vietnam, could be better positioned to weather coronavirus-related disruptions, according to the Institute for Supply Management.

    By Morgan Forde • March 12, 2020
  • Airfreight rates from China to US climb 27% in 2 weeks as demand surpasses capacity

    Flight cancellations out of China have removed 5,100 tons of capacity from China per day on average, which has led to a 36% year-over-year decline in total airfreight capacity out of mainland China.

    By March 12, 2020
  • CDC 2019-Novel Coronavirus (2019-nCoV) Real-Time Reverse Transcriptase (RT)-PCR Diagnostic Panel
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    U.S. Centers for Disease Control. "CDC 2019-Novel Coronavirus (2019-nCoV) test kit". Retrieved from https://www.cdc.gov/coronavirus/2019-ncov/about/testing.html.
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    FDA chief warns of supply 'pressure' on reagents for coronavirus tests

    Qiagen, a major supplier of RNA extraction kits, confirmed to MedTech Dive Thursday that "extraordinary demand for coronavirus testing workflows" is challenging the company's capacity.

    By Greg Slabodkin • March 12, 2020
  • 3 ways to manage coronavirus risk in the supply chain

    Even as China operations come back online, the risk to global supply chains is far from over, panelists said at Modex as they offered tips to mitigate challenges.

    By March 11, 2020
  • 44% of supply chain pros have no plan for China supply disruption

    There are signs companies are struggling with visibility and shipping out of China, but there is no indication this has resulted in U.S. factories shuttering, even temporarily.

    By March 11, 2020
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    Courtesy of Costco Wholesale
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    Costco: It could take weeks to reach routine supply chain operations

    The COVID-19 outbreak is affecting multiple parts of Costco​'s supply chain, not just its procurement and in-store operations.

    By March 6, 2020
  • Column

    4 ways to boost cross-functional sourcing team effectiveness

    The collective strength of a team from roles in finance, manufacturing, planning and logistics expands the procurement department's range of expertise. 

    By March 5, 2020
  • Nike, retail groups respond to report documenting forced Uighur labor in supply chains

    A joint statement from four leading retail industry groups called on the U.S. government to form a multi-stakeholder working group to find solutions. 

    By Updated March 12, 2020
  • H&M storefront in Boston
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    Cara Salpini/Supply Chain Dive
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    H&M pilots supply chain service Treadler to improve industry sustainability

    Treadler aims to guide smaller clothing brands through sustainable product development, sourcing, production and logistics. 

    By S.L. Fuller • March 4, 2020
  • US manufacturing hit by coronavirus but maintains growth

    Although the purchasing managers index found the manufacturing sector just within growth territory, coronavirus-related complications are causing supply delays and longer lead times.

    By Morgan Forde • March 3, 2020
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    Jacob Bell
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    FDA reports first drug shortage due to coronavirus impact

    Supplies of the drug, which the FDA did not identify, ran short as a result of issues at a site that produces the active ingredient. Other options are available, the agency said.

    By Ned Pagliarulo • Feb. 28, 2020
  • How Johnson & Johnson fills its procurement talent pipeline

    The Procurement Leadership Development Program has so far trained 119 employees and helped J&J fill roles when the talent pool is small. 

    By Feb. 27, 2020
  • Shake Shack takes on procure-to-pay, supplier management in tech upgrade

    A digital transformation and new ERP systems give Shake Shack a more granular picture of its procurement operations and frees up in-restaurant teams from administrative tasks.

    By Feb. 27, 2020
  • Walmart joins store and online buying after decades of siloed operations

    The move to unify buying across delivery channels demonstrates that omnichannel options are widely available to the consumer, but they are still making their way through the organizations that orchestrate them.

    By Feb. 27, 2020