Procurement: Page 94
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Study: In the UK, large companies owe their peers $57.9B in late payments
More than 50,000 business closures a year could be averted if companies paid their suppliers or smaller partners on time, according to the U.K. government.
By Jennifer McKevitt • Sept. 5, 2017 -
Nike agrees to third-party audits in new deal with Georgetown University
It's the first time the company has agreed to external audits to comply with a university's code of conduct.
By Edwin Lopez , Jennifer McKevitt • Sept. 5, 2017 -
Explore the Trendline➔
Sean Gallup via Getty ImagesTrendlineInventory Management
Read how retailers and brand manufactures are rethinking inventory management.
By Supply Chain Dive staff -
Retailers are squeezing already struggling CPG brands
Campbell Soup said it will lose significant revenue because it failed to come to terms with a large retailer on promotional pricing.
By Jeff Wells • Sept. 5, 2017 -
Air Force speeds up procurement to counter cyber risk
Besides granting purchasing authority to lower-ranking personnel, the United States Air Force hopes to implement new tech that will cut costs and reduce risk.
By Rich Weissman • Sept. 1, 2017 -
Hugo Boss, Lacoste named to Dsco's Top 444 drop shipping brands
Drop shippers can now benchmark their performance to learn where they rank and if, or how, they need improvement.
By Jennifer McKevitt • Aug. 31, 2017 -
Suppliers balk as Sears' vendor insurance contracts lag
Collaboration and support are the keys to success in buyer-supplier relationships, but conflict is inevitable if buyers can't guarantee payment.
By Jennifer McKevitt • Aug. 30, 2017 -
Deep Dive
How contract manufacturing evolved from the Space Age to the Digital Age
There are drawbacks, but contract manufacturing seems here to stay.
By Barry Hochfelder • Aug. 29, 2017 -
Amazon-Whole Foods deal closes Monday, bringing lower prices and Prime-based loyalty program
Immediately after the deal goes into effect, prices will drop on grocery staples and Whole Foods’ private-label brands will be available on Amazon.
By Jeff Wells • Aug. 25, 2017 -
Walmart and Kroger join with suppliers for blockchain initiative
Companies throughout the industry will implement the technology in an effort to improve food safety and test widespread adoption.
By Jeff Wells • Aug. 23, 2017 -
Deep Dive
A buyer's guide to navigating supply chains
From choosing suppliers and sources to managing business relationships, here's what buyers need to know.
By Rich Weissman • Aug. 22, 2017 -
Costco coughs up $19.4M in damages for selling fake Tiffany rings
In an attempt to alleviate cost pressures, Costco opted to counterfeit a well-known luxury brand.
By Rich Weissman • Aug. 17, 2017 -
Round 1: NAFTA talks open with ambitious goals
The first of seven rounds of negotiations begins today, with Canada, Mexico and the U.S. discussing more than 30 topics — many of which are bound to be contentious.
By Edwin Lopez • Aug. 16, 2017 -
Grocers struggle to adopt new tech, procurement strategies
In the face of stiff competition from Amazon and Walmart, grocers need to take a closer look at their internal processes to find a way to keep profits up.
By Jennifer McKevitt , Kate Patrick Macri • Aug. 11, 2017 -
Procurement tech may lower labor costs, but staffing only tells part of the story
World class organizations know how to leverage tech to reduce the most routine functions, but procurement professionals never rest in finding new ways to increase supplier performance margins.
By Rich Weissman • Aug. 11, 2017 -
Walmart joins Chemical Footprint Project to reduce toxic substances
The retail giant's participation could help drive hazardous chemicals out of the market.
By Jennifer McKevitt • Aug. 8, 2017 -
Report: SMEs are adopting procurement earlier, but still as reactionary measure
Small businesses are more eager than ever to adopt holistic supply chain strategies, but procurement often is left out of the initial transition stages.
By Rich Weissman • Aug. 4, 2017 -
After factory explosion, Bangladesh pledges a digital map of garment industry by 2021
The map will include detailed data to help brands assure supplier compliance with codes of conduct and international standards.
By Edwin Lopez , Jennifer McKevitt • Aug. 2, 2017 -
Reuters: Walmart's sourcing strategy defies 'Made in America' promises
The retail giant has been pushing its pro-U.S. credentials, but the need to keep its online channel stocked with cheap, diverse products has the company turning to foreign vendors.
By Jennifer McKevitt • July 31, 2017 -
Deadly salmonella outbreak from imported papayas exposes food safety issues
At least 46 people have gotten sick and one has died from contamination federal regulators believe originated from tree fruits imported from Mexico.
By Megan Poinski • July 31, 2017 -
Survey: Most retail professionals use outdated methods for sourcing
Despite the availability and benefits of digital sourcing tools, a new survey reveals retail professionals are lagging in implementation.
By Rich Weissman • July 27, 2017 -
Central America emerges as leading source for value-added products
Nixed trade deals, improved logistics infrastructure and the pressure for speedy fulfillment are positioning the region as an alternative to Asia.
By Edwin Lopez , Jennifer McKevitt • July 27, 2017 -
Shrinkflation hits UK as cost-reduction schemes minimize packaging
A government survey of more than 3,000 products found 80.4% had decreased in size over the past year without comparable size reductions.
By Jennifer McKevitt • July 25, 2017 -
In trade victory, US will begin exporting rice to China
The agreement is a big win for the Trump administration, although grain exporters may face challenges convincing Chinese buyers to prioritize their product.
By Jennifer McKevitt • July 24, 2017 -
Survey: Finance says procurement savings do not reach the bottom line
A disconnect between the two department hampers accurate reporting on the value of procurement initiatives.
By Rich Weissman • July 21, 2017 -
Case study: How a trade deal will affect pharma R&D, supply chains
Canada's recent drug patent reform shows how modern trade deals go beyond tariff reduction to push for regulatory changes that benefit certain industries.
By Edwin Lopez • July 20, 2017