Procurement: Page 81
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Machine learning is nearly ubiquitous in accounting operations, ERPs
The technology is mainly used to set up touch-free processes for repetitive functions such as accounts payable and receivable.
By Robert Freedman • Feb. 13, 2020 -
Searches for suppliers outside China double as coronavirus spreads
Dun & Bradstreet said 92% of the companies with tier one suppliers in the impacted region are based in the U.S.
By Matt Leonard • Feb. 13, 2020 -
Explore the Trendline➔
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TrendlineAI in Supply Chain Management
Warehouse automation, logistics management and procurement processes are just a few of the ways companies are using AI to streamline their supply chains.
By Supply Chain Dive staff -
Modell's works with vendors, landlords to avoid bankruptcy
Mitchell Modell said the retailer has hired restructuring advisers and is turning to vendors and landlords to see it through a rough patch.
By Daphne Howland • Feb. 12, 2020 -
Under Armour forecasts up to $60M revenue hit from coronavirus disruptions
CEO Patrik Frisk expects "significant material impact both financially and operationally" on the company's full-year results, but putting hard numbers on the disruption is tough without a clear picture of scale or duration.
By Emma Cosgrove • Feb. 12, 2020 -
NRF: Coronavirus could cause 13% import drop at US ports
Before the outbreak, the National Retail Federation predicted February imports would be 1.54 million TEUs. The forecast has slid to 1.41 million.
By Morgan Forde • Feb. 11, 2020 -
Opinion
Supply chain managers can leverage Lunar New Year experience in coronavirus disruption
This is a time when agility in the supply chain, specifically having multiple suppliers in varying geographies, will be extraordinarily valuable, writes Nate Evans, co-founder and CXO at Fictiv.
By Nate Evans • Feb. 10, 2020 -
87% of US businesses in China expect coronavirus to impact revenue
Companies ranging from Apple suppliers to Nissan have announced plans to temporarily pause production as a result of the virus outbreak.
By Matt Leonard • Feb. 10, 2020 -
China to slash tariffs by 50% on $75B of US imports
The trade war is far from over as tariffs on billions of dollars worth of goods remain and supply chains stay on high alert.
By Shefali Kapadia • Feb. 7, 2020 -
Column
How to attract and retain supply management talent
Demand for skilled procurement workers coupled with low unemployment has created a shortage of talent in the profession.
By Rich Weissman • Feb. 6, 2020 -
60% of procurement leaders say lack of transparency is a risk, survey finds
Respondents in a Basware survey reported a direct correlation between their level of transparency and the success of their business.
By Morgan Forde • Feb. 6, 2020 -
Macy's lays out a massive supply chain overhaul
Macy's new Chief Supply Chain Officer Dennis Mullahy took over a supply chain with siloed management and data and little strategic influence. That's all about to change.
By Emma Cosgrove • Feb. 6, 2020 -
Hyundai, Airbus stop production as coronavirus leaves manufacturers scrambling
Two Hyundai suppliers, Kyungshin and Yura Corporation, have announced plans to increase production outside of China to make up for supply shortages and plan to resume production Sunday at their Chinese locations.
By Matt Leonard • Feb. 5, 2020 -
Owed millions, Forever 21 suppliers and lenders take aim at auction plan
Some of the retailer's biggest suppliers say the company has fallen behind on payments and worry that a quick sale process could burn them.
By Ben Unglesbee • Updated Feb. 5, 2020 -
How manufacturers are preparing for the next recession
More than half of respondents in a BDO survey said they were working to increase production efficiency to guard against a future recession and 42% said they were monitoring the financial health of their suppliers.
By Matt Leonard • Feb. 4, 2020 -
Mercedes-Benz taps blockchain to track emissions in cobalt supply chain
The blockchain platform aims to trace carbon emissions and help the automaker hold suppliers accountable for ethical supply chain practices.
By Morgan Forde • Feb. 3, 2020 -
Kellogg works with suppliers to phase out controversial glyphosate
Consumer and environmental advocacy groups applauded the cereal maker's decision and hoped it would spur similar action from other companies such as PepsiCo and General Mills.
By Cathy Siegner • Feb. 3, 2020 -
How Lush ditched manual invoicing for automated accounts payable
Before 2017, the skincare company printed hundreds of thousands of supplier invoices annually. Now 92% of invoices are touchless.
By Deborah Abrams Kaplan • Jan. 30, 2020 -
McCormick plans to drop up to $350M on transition to SAP ERP
The transition to the ERP coincides with the growth of the company and SAP ending support for McCormick's current system
By Matt Leonard • Jan. 30, 2020 -
Supply chains plan for coronavirus disruption
While officials say the outbreak is not a threat to Americans' health, businesses will have to deal with a quarantine in one of China's largest industrial hubs.
By Matt Leonard • Jan. 29, 2020 -
What's the right forecasting method? It depends on your data.
Time-series forecasting is a method that goes back decades, but as new computational power provides new options, what's the best way to go?
By Matt Leonard • Jan. 28, 2020 -
World Economic Forum launches self-service blockchain platform for supply chain traceability
Architects of the WEF initiative aim to allay privacy and data ownership concerns with a neutral platform, thereby speeding adoption across industries.
By Emma Cosgrove • Jan. 28, 2020 -
US expands tariffs to cover steel- and aluminum-based items
Businesses importing foreign-made steel and aluminum products as a mitigation tactic against tariffs on the raw materials will require reassessment of sourcing plans before the tariffs kick in on Feb. 8.
By Shefali Kapadia • Jan. 28, 2020 -
La Senza's suppliers file to put it in Ch. 7 bankruptcy
The lingerie retailer was sold by L Brands in 2018. Less than a year later, it fell behind on tens of millions of dollars in payments, a vendor alleges.
By Ben Unglesbee • Jan. 27, 2020 -
Whole Foods struggles with shortages amid supplier closure
Customers nationwide have reported bare shelves and limited inventory, which the retailer has said is a result of an unexpected supplier closure.
By Jessica Dumont • Jan. 27, 2020 -
Column
Why professional development matters in procurement
The supply chain field is changing rapidly, and development is an important way to represent yourself, your company and your profession.
By Rich Weissman • Jan. 23, 2020