Procurement: Page 85
-
Tariffs drive price inflation, hitting metal buyers
One furniture company with a U.S.-based supply chain is expecting a $5 million increase to its cost of goods sold — just from steel.
By Edwin Lopez • July 3, 2018 -
65% of procurement professionals say regulations increase business risk
While the fundamentals of mitigating risk and reducing costs remain the same, the complexity of risk has increased with the regulatory landscape in flux.
By Rich Weissman • July 2, 2018 -
Explore the Trendlineâž”
Sean Gallup via Getty ImagesTrendlineInventory Management
Read how retailers and brand manufactures are rethinking inventory management.
By Supply Chain Dive staff -
Mattel may underperform in Q2 due to poor inventory management
The toy supplier's financial outlook is not optimistic for fiscal year 2018 based on its struggle to rebound from Toys R Us' liquidation.
By Kate Patrick Macri • July 2, 2018 -
3 years after an outcry, Patagonia brings wool back to its supply chain
As the apparel brand investigated its wool sourcing, it encountered significant challenges with traceability and suppliers willing to change their practices.
By Shefali Kapadia • June 28, 2018 -
Tim Hortons to build two new warehouses
The project aims to expand the distribution network in Canada but comes amid tensions between franchisees and the restaurant chain's parent company.
By Shefali Kapadia • June 27, 2018 -
LaZBoy CEO: 'It's an uncertain time for cost inputs'
Tit-for-tat tariffs are creating a fickle environment for companies with all-import business models.
By Edwin Lopez • June 26, 2018 -
Target, CVS join Walmart in collecting emissions data from suppliers
Retailers are opening the door to collaboration with suppliers, creating opportunities to reduce environmental impact and improve the bottom line.
By Shefali Kapadia • June 26, 2018 -
Digitization can help procurement be more purposeful
As consumers worry more about ethical sourcing, chief procurement officers can manipulate technology to elevate their procurement practices.
By Marcell Vollmer • June 26, 2018 -
High beef consumption, low interest in leather creates surplus of hides
Understanding societal trends and human behavior is at the forefront of business decisions, especially in industries with by-products.
By Rich Weissman • June 25, 2018 -
Out-of-stocks could be costing retailers $1T
Amazon Prime members, facing empty shelves, are 52% more likely than other consumers to take out their phones and buy what they need online, IHL's research found.
By Daphne Howland • June 22, 2018 -
Carbon dioxide crisis strains food and beer supply in Europe
Soccer fans in England may be unable to watch Sunday's game with a Heineken in hand if the issues persist.
By Edwin Lopez • June 22, 2018 -
Sourcing natural ingredients for cosmetics opens 'Pandora's box of risk'
About 30% of the ingredients in common cosmetics come from mined or agricultural commodities, many of which are linked to poor labor conditions.
By Shefali Kapadia • June 21, 2018 -
Antibiotic supply chains need better management to fix shortage
Precise demand planning, sourcing and distribution strategies could help offsets the costs of "risky" R&D.
By Kate Patrick Macri • June 21, 2018 -
Apple's screen solutions threaten suppliers' security
Choosing to stick with LCD screens to keep prices low, the tech company will not be using as many OLED screens on the new iPhones.
By Nicole Ault • June 20, 2018 -
Why Kirkland's is counting on BOPIS to boost profits
Along with its direct sourcing initiative, the home decor and furniture retailer expects to see double-digit cost savings.
By Shefali Kapadia • June 19, 2018 -
Mars sends team to Madagascar to fix 'broken' vanilla supply chain
The candy manufacturer shows actively participating in the social supply chain, rather than seeing it as an adjunct, is an effective business strategy.
By Rich Weissman • June 18, 2018 -
India, China retaliate against US tariffs
The reciprocal tariffs on more than 500 products are meant to cancel out any domestic economic gains from U.S import taxes.
By Edwin Lopez • June 18, 2018 -
Asics plans to cut 55% of its supply chain carbon emissions
The company committed to a "circular economic model" and is pursuing sourcing, logistics and operations initiatives.
By Nicole Ault • June 18, 2018 -
Tariffs on Chinese imports start July 6
China vowed to retaliate with measures of the "same scale and same strength" against the United States' taxes on 1,102 of its products.
By Edwin Lopez • June 15, 2018 -
FedEx spent $800M sourcing from women-owned businesses in 2017
The company said working with diverse suppliers helps manage "an evolving supply chain."
By Shefali Kapadia • June 15, 2018 -
Walmart opens its own milk processing plant in Indiana
The $165-million plant is the retailer's first food production facility and will provide a variety of private-label dairy products to about 500 Walmart stores in five states.
By Cathy Siegner • June 15, 2018 -
Private label supplier to Toys R Us was left with $500K of inventory
A bankruptcy court has ruled in favor of Huffy, allowing the vendor to sell the merchandise after it suffered "substantial hardship."
By Shefali Kapadia • June 14, 2018 -
Boeing sent 'cavalry' of engineers to Wichita to get 737 production back on track
When a Boeing supplier struggled to make on-time deliveries of an essential part for the 737, the aerospace manufacturer stepped in to help.
By Rich Weissman • June 14, 2018 -
3 ways volcanoes in Hawaii and Guatemala will disrupt supply chains
Lava and volcanic ash from Kilauea and Fuego are wreaking havoc on local farms and infrastructure, but the economic effects are just beginning.
By Nicole Ault • June 14, 2018 -
Smucker's recalls are an opportunity to strengthen supplier relationships
Higher-than-expected freight costs and recalls significantly reduced the food company's fourth quarter earnings.
By Kate Patrick Macri • June 13, 2018