Procurement: Page 80


  • Image attribution tooltip
    Yujin Kim/Supply Chain Dive
    Image attribution tooltip
    Column

    I am a vendor defender — and proud

    In a daily meeting at my manufacturing company, I received an unintended compliment that ended up defining my career.

    By May 23, 2019
  • Bangladesh factory oversight to transition to new council, prompting union concerns

    Some union members worry this new agreement will put too much power in the hands of factory owners and result in more of the safety issues the Accord was initially created to avoid.

    By May 23, 2019
  • Explore the Trendline
    Image attribution tooltip
    Sean Gallup via Getty Images
    Image attribution tooltip
    Trendline

    Inventory Management

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

    By Supply Chain Dive staff
  • Kohl's prepares for diminishing gross margins amid tariff hike

    CEO Michelle Gass described the situation as "fluid," encapsulating the near-universal struggle for retailers importing products from China — the lack of certainty in the trade landscape.

    By May 22, 2019
  • Nike, Adidas and others call on Trump to remove footwear from tariff list

    In an open letter posted by the Footwear Distributors and Retailers of America, footwear brands called tranche four tariffs "catastrophic" and estimated a $7 billion annual impact on consumers. 

    By May 21, 2019
  • LVMH creates blockchain platform to track luxury goods

    The move comes as more consumers turn to resale for authentic, high-end goods at affordable prices.

    By Tatiana Walk-Morris • May 20, 2019
  • US lifts steel, aluminum tariffs on Canada, Mexico

    The 25% tariffs on Canadian and Mexican steel and 10% on aluminum, in place since March 2018, were major barriers to the ratification of the United States, Mexico and Canada Agreement (USMCA).

    By Updated May 17, 2019
  • Tranche 4 shakes up apparel and footwear supply chains after escaping earlier tariffs

    China is currently the United States’ largest supplier of textiles and apparel, accounting for nearly 36% of total imports in 2017 according to the World Bank.

    By Morgan Forde • May 16, 2019
  • Tranche 4 tariffs by the numbers

    "If tariffs are set to 25%, the effect will be dramatic," said A.T. Kearney's Johan Gott.

    By May 16, 2019
  • Chemical suppliers take hits from both sides of the trade war

    Chemicals produced in the U.S. suffer from higher cost of materials imported from China and the shrinking Chinese export market due to retaliatory tariffs.

    By May 16, 2019
  • Macy's: Tariff tranche 4 is 'the big one'

    The retailer has worked for years to move production of private label goods out of China, but the country remains "an important piece of our overall mix," CEO Jeff Gennette said 

    By May 16, 2019
  • Tech products make up 'more than half' of new $300B tariff list

    Experts say technology companies are likely to pass these costs along to the consumer. One analysis said tariffs could raise the price of an iPhone by as much as 14%. 

    By May 15, 2019
  • Image attribution tooltip
    Getty Images
    Image attribution tooltip

    In US-China tariff poker game, health supply chains stand to lose

    Tariffs on medical equipment and supplies, plus duties on imported steel and aluminum, could result in millions of increased costs for the healthcare industry and U.S. patients.

    By May 15, 2019
  • As Old Navy and Gap split, so do their supply chains

    Analysts see the brands' split as a strategic move, but it won't come without "teething problems" as supplier relationships and inventory management shift.

    By Craig Guillot • May 14, 2019
  • US formally begins process for tariffs on $300B

    The list includes raw materials and finished goods across dozens of industries, touching nearly every U.S. business — and in turn, every consumer.

    By May 14, 2019
  • Image attribution tooltip
    Retrieved from Starbucks on May 14, 2019
    Image attribution tooltip

    Starbucks secures $1B sustainability bond

    The coffee chain's third and largest sustainability fund will support its efforts to ethically source coffee as well as build 10,000 green stores globally by 2025.

    By Alicia Kelso • May 14, 2019
  • Trade war escalates: China, US to raise tariffs

    Implementing tariffs on the remaining $300 billion worth of Chinese goods would affect nearly every industry that imports anything from China, from a small component to a finished product. 

    By May 13, 2019
  • Image attribution tooltip
    Getty Images
    Image attribution tooltip

    Trump says 'no rush' to reach a trade deal as 25% tariffs take effect

    The president suggested businesses "go to a new source" and repeated a previous threat to add 25% tariffs to another $325 billion of Chinese imports.

    By Updated May 10, 2019
  • Imports to reach 'unusually high levels,' anticipating 4th round of tariffs

    Although no official notice or date has been set for another round of tariffs, the National Retail Federation said retailers will attempt to move up merchandise shipments. 

    By May 10, 2019
  • Image attribution tooltip
    Megan Poinski
    Image attribution tooltip

    Kraft Heinz under investigation related to procurement 'misconduct'

    Kraft Heinz's bonus structure incentivized procurement and operations teams to show the highest possible cost savings, according to CNBC citing sources familiar with the matter.

    By May 9, 2019
  • Seeing through the tiers: The importance of visibility in supply chains

    Consumers are ramping up the pressure on procurement professionals to provide a view of the whole chain.

    By May 9, 2019
  • Survey: Supply chain professionals averaged 4% salary bump in 2018

    The rise may indicate a smaller pool of qualified workers, wherein demand for labor has far outstripped supply. 

    By May 9, 2019
  • Image attribution tooltip
    Retrieved from Walmart on May 08, 2019
    Image attribution tooltip

    Walmart says Project Gigaton goals are on track

    In its first environmental, social and governance report, the retailer details progress toward its goal of reducing global supply chain emissions by 1 billion metric tons by 2030.

    By May 8, 2019
  • Beef industry debuts sustainability framework

    The plan lays out indicators for individual operations to assess water and land resources, animal and employee safety and well-being, efficiency and yield, and air and greenhouse gas emissions.

    By Cathy Siegner • May 8, 2019
  • Image attribution tooltip
    Getty Images
    Image attribution tooltip

    US Trade Representative confirms 25% tariff hike for Friday

    Less than a week's notice on a tariff increase leaves companies with little to no time to adjust their supply chains to mitigate the financial burden.

    By Updated May 8, 2019
  • Image attribution tooltip
    Wikipedia Commons
    Image attribution tooltip

    Tesla's long-term production pace threatened by mineral shortages

    Demand for copper is on the rise now that common smart devices, like responsive thermostats and voice-activated home devices, require the mineral.

    By May 3, 2019