Procurement: Page 82


  • Kraft Heinz tackles excess complexity with SKU-by-SKU review

    Fewer but bolder product innovations will be the way forward after the company eliminates low or negative margin SKUs, explained CEO Miguel Patricio. 

    By Nov. 1, 2019
  • When procurement and supply chain butt heads on KPIs

    Conflicting metrics that pit one department against another often stem from the top down.

    By Oct. 31, 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 evolving global trade and tariff policies, rising costs and operational uncertainty across supply chain networks.

    By Supply Chain Dive staff
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    Wikimedia Commons
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    Major chocolate brands fail to address child labor, sustainability in their supply chains: report

    Green America's Chocolate Scorecard gave Mondelez, Ferrero and Godiva two D's and an F, respectively, for the quality of their measures to ensure human rights, fair wages, sustainability and transparency in their supply chains.

    By Morgan Forde • Oct. 31, 2019
  • Zebra Technologies leaves China as tariffs take $10M bite out of profits

    "We've already moved all the products that were impacted by list one, two and three," Zebra Technologies CEO Anders Gustafsson told CNBC this week. "We're now in the middle of moving our list four products out."

    By Oct. 31, 2019
  • Q&A

    Which financial KPIs are worth tracking?

    These measures include inventory outstanding, sales outstanding and days payable outstanding, which is how many days a company takes to pay its bills and invoices to suppliers, vendors or other companies.

    By Jane Thier • Oct. 30, 2019
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    Retrieved from McDonald's on September 26, 2019
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    Beyond Meat to triple pea protein sourcing in 2020 to avoid past bottlenecks

    CEO Ethan Brown said the company has "dramatically" increased its protein supply and diversified it's supplier base to keep up with exploding demand. 

    By Oct. 29, 2019
  • Topco pilots Mastercard blockchain for seafood traceability

    The grocer will use Envisible's Wholechain to gain visibility into the ethical sourcing and environmental compliance of its seafood offerings.

    By Morgan Forde • Oct. 29, 2019
  • Black & Decker finds the upside to list 4 tariffs

    Black & Decker executives are planning to mitigate a higher percentage of tariff costs in 2020 and build a "very significant cushion" in case of an economic downturn. 

    By Oct. 28, 2019
  • With the right foundation, procurement can turn visibility into action

    Procurement departments must create a roadmap for the insights they want to attain through data and ensure a continuous flow of information with suppliers.

    By Craig Guillot • Oct. 24, 2019
  • 50% of procurement organizations use Excel for data analysis: study

    "Procurement as a function is lagging behind the pattern of innovation in other parts of the enterprise, particularly in supply chain," LevaData's Richard Barnett said. 

    By Morgan Forde • Oct. 24, 2019
  • China tariffs cut margins for 70% of US electronics manufacturers

    The U.S.-China trade war has impacted overall industry sentiment to the extent that one in five firms in IPC's study reported reduced investment in the U.S. 

    By Oct. 24, 2019
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    Girl In A Camera Productions for Sourcing Journal
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    Wholesalers concur: Retailers are not open to sharing the tariff burden

    "Nobody wants to accept a price increase from the person below them in a supply chain," AAFA EVP Steve Lamar said at the Sourcing Journal Summit in New York City.

    By Oct. 22, 2019
  • CMA CGM offers financing, extended payment deadlines for shippers

    The French carrier seeks to offer financial relief in the form of improved cash flow to companies working to mitigate the instability of the current trade environment.

    By Morgan Forde • Oct. 22, 2019
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    Corinne Ruff
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    McKinsey: Sustainable supply chains are 5 years away

    While the impetus for change is largely consumer-driven, the burden of the transition will fall squarely on CPOs who know sustainability is a necessity, not a luxury. 

    By Oct. 17, 2019
  • Opinion

    3 ways to fight the 21st century procurement paradox

    While analytics improvements have helped organize data, they haven't always done much for the people buying, selling and managing inventory every day.

    By Richard Lebovitz, CEO of LeanDNA • Oct. 17, 2019
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    Jeff Wells
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    IBM Food Trust partners with Raw Seafoods to tackle traceability with blockchain

    Upstream visibility in the seafood supply chain is particularly challenging because the location and size of a catch can vary widely from day to day.

    By Morgan Forde • Oct. 17, 2019
  • How rolling forecasts can offer greater control over spend

    A rolling forecast can help companies grab savings mid-cycle if expenses or revenues change.

    By Robert Freedman • Oct. 16, 2019
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    Emma Cosgrove
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    Just-in-time manufacturing success requires the right KPIs and suppliers

    Differentiation is critical in a world where JIT is no longer a novelty and margins are razor thin.

    By Amanda Loudin • Oct. 15, 2019
  • Suppliers lay off thousands as GM strike cascades through supply chain

    When the strike ends, General Motors will have to figure out dealerships' inventory needs and pass them along to suppliers.

    By Oct. 14, 2019
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    Trump calls off Oct. 15 tariff increases

    China has, in turn, agreed to buy between $40 billion and $50 billion in U.S. farm products, according to the Associated Press.

    By Oct. 11, 2019
  • REI expands online selection with dropshipping

    Danner, ECCO and Salomon are among the first brands to participate by shipping orders directly to customers.

    By Lisa Rowan • Oct. 11, 2019
  • Fitbit to move 'effectively all' production out of China

    CFO Ron Kisling said the company has been working on finding alternatives to China since 2018 in response to the U.S.-China trade war and tariffs. 

    By Oct. 11, 2019
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    Shire media relations
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    A buyer's guide to effective supplier visits

    Plant tours help procurement professionals assess supplier performance and can offer an opportunity for cost reduction.

    By Oct. 10, 2019
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    Whole Foods
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    Importers ramp up cheese purchasing, stockpile ahead of EU tariffs

    Stockpiling is one way to avoid tariffs and ensure there is enough supply to get through the months ahead, but the practice comes with drawbacks. 

    By Oct. 10, 2019
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    Gartner: RPA can save finance teams 25K working hours each year

    One of the key barriers to adoption of robotic process automation is a perception of low ROI.

    By Jane Thier • Oct. 10, 2019